Extreme Sports Global Report Released by GIA
Global Industry Analysts Inc. has announced the release of an extensive global report on extreme sports Industry. According to the report, extreme sports have seen a surge in demand largely due to increased participation and spending. This extreme sports article highlights the contribution of increased interest in participation, global recession recovery and media coverage in the rising popularity of extreme sports and is aimed at product and service providers in the extreme sports industry.
Extreme sports gear and specialised protective clothing is still a fairly new segment in the sporting goods industry. The customer base is broad and comprises of teenagers and young adults to more mature sectors of the population. According to the report, the most popular extreme sports include in-line skating, skateboarding, paintball, snowboarding and mountain biking. These and other extreme sports are no longer reserved for the eccentric but have now entered the mainstream market. Some have even surpassed more conventional sports in popularity.
This popularity has largely been driven by the undying interest of hardcore participants, the international popularity of professional extreme sport athletes and the inclusion of snowboarding and other extreme sports events in the Winter Olympics. Furthermore, widespread exposure to events like the X-games by extreme sports channels has helped with the global popularity surge, especially in the younger generation. The most influential extreme sports channels include AXN, ESPN, Sony, Ten Sports and Star Sports.
The research report titled “Extreme Sports: A Global Outlook” provides a comprehensive examination of global statistics, market briefs and summaries of findings. It also discusses projected trends and covers noteworthy mergers and acquisitions in the extreme sports industry. The report is invaluable to anyone in the extreme sports business, from the manufacturing of safety footwear to extreme sports insurance. Regional markets abstracted in the report include the United States, Canada, France, Germany and the United Kingdom.
