Strong optimism for future sales growth was met with serious concerns for the global supply chain crisis and rampant inflation, according to the Sports & Fitness Industry Association’s 2022 State of the Industry Report. The report found ongoing demand pushed a 16% growth rate for sports and fitness products in the face of supply headwinds. The growth was led by participation spikes in golf, tennis, pickleball, camping, yoga, hiking, and walking, as documented in its earlier top line participation study, and aided by a healthy economy and last year’s government stimulus.

Industry players surveyed reported booming confidence in the current state ... Log in to view full article.