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This Year, The Market For Sports Shoes Is Expected To Reach US $10 Billion 100 Million.

2010/7/13 18:14:00 60

Consumer Market

  


Chinese players failed to enter South Africa

World Cup

The final, but investors hope that more cash in the world cup and in the pockets of consumers can help promote local sporting goods such as Anta and Lining.

brand

Development.


However, local sporting goods providers are facing not only the challenge of quality but also the fierce competition from foreign brands such as Nike and Adidas.

Driven by rising government incentives and wage levels, China's domestic consumption is strong, which is a positive factor for local sporting goods providers.


China's retail sales in May grew by 18.7% over the same period last year, and has been growing steadily since the end of last year.

Credit Suisse believes that China is expected to overtake the United States in the next ten years and become the largest in the world.

consumption

Market.


With the popularity of sports such as basketball, the purchasing power of young consumers is rising, and sales of sports goods are expected to rise.

Alex Fan, director of research at ICBC International, predicts that in the next few years, the annual growth rate of China's sporting goods business will be over 20%.


According to UBS, China's sports shoes market is expected to reach 69 billion yuan (US $10 billion 100 million) this year, while the brand sports shoes market will reach nearly 300 billion yuan by 2020.

Market research firm Euromonitor estimates that in 2009, China's sports shoes market reached 60 billion yuan.


As China's top sporting goods brand, Anta and Lining in the fourth quarter.

Order

They increased by 25% and 20% respectively.

Anta's share price has risen more than 50% in the past year, and Lining's share price has risen by about 25% in the past year.


The high growth of China's two or three tier cities is conducive to XTEP (1368.HK: market), 31st degree (1361.HK: quotes), flying (1998.HK: quotes) and other relatively small.

Sports

Supplies business.

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