16 Hrs
 البيان الرياضية
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البيان الرياضية

2026-11-04T11:15:00.000Z

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FA appoints Larionda

البيان الرياضيةالبيان الرياضيةالبيان الرياضية
13 Hrs2026-11-04T13:40:00.000Z
FA appoints Larionda
 البيان الرياضية

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Sports Gear Revenue $675B

Sports Gear Revenue $675B

A study by the World Federation of the Sporting Goods Industry estimated that the sporting goods, apparel and footwear industry contributes about $675 billion a year—0.6% of the global economy—and supports 28 million jobs, including 10.5 million direct jobs. Companies in the sector generate about $614 billion in revenue, while the industry contributes up to $230 billion a year in taxes when indirect effects are included. In 2024, companies provided $5 billion in direct sponsorship. The report warned that tariffs averaging 14.1% on sporting goods could raise prices and limit availability, and called for trade and tax policies, along with cooperation, that make these products more accessible and encourage people to take part in sport.

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