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Globeride

Full company profile

uuid003feqj

Namestring
Globeride
Legal namestring
GLOBERIDE, Inc.
Websiteurl
globeride.co.jp
Company typeenum
Private
Founded yearint
1945
Descriptiontext

Globeride, Inc. (TYO:7990) is a Japanese diversified sporting goods manufacturer founded in 1945, headquartered in Higashi-kurume/Tokyo, with a workforce in the 5,001-10,000 range. The company operates a multi-brand portfolio structured around four sport verticals: fishing (DAIWA, DAIWA PIER39), golf (ONOFF, GIII, RODDIO, FOURTEEN), racquet sports (Prince, DIADEM), and cycle sports (corratec, FOCUS, including German-engineered premium bicycle brands). Each brand runs an independent identity with its own dedicated e-commerce site, R&D, and product roadmap, while sharing corporate resources under Globeride's "A Lifetime Sports Company" positioning.

The company's underlying technology is rooted in mechanical product engineering — specialized rod, reel, golf club, tennis racket, and bicycle frame design — rather than software platforms. Distribution combines brand-owned direct-to-consumer e-commerce, retail and specialty-channel partnerships, and an emerging pop-up retail layer, exemplified by the June 2026 launch of the DAIWA247 lifestyle-fishing concept. Customer segments are horizontal consumer personas: recreational and professional anglers, golfers from amateur to professional levels, tennis players, and cycling enthusiasts.

Revenue is generated through B2C and B2B2C sale of branded equipment and apparel across the four sport categories, primarily in Japan with international brand presence (Prince globally; corratec and FOCUS in European cycling). Financial disclosure in the source data shows revenue on the order of ~800 billion JPY in fiscal 2026, down from a ~1.01 trillion JPY peak in 2023, accompanied by meaningful declines in operating income, EBITDA, and net income — evidence of multi-year top-line contraction. The firm also maintains an institutionalized sustainability agenda, including the long-running DAIWA "Fish-Friendly Tree Planting Campaign" with the Hokkaido Fisheries Cooperative Women's Division (over 1.2 million trees planted since 1987) and broader BE EARTH-FRIENDLY environmental programs. Pricing is not publicly disclosed but operates through premium-equipment positioning across each brand rather than a single published rate card.

Short descriptiontext

Globeride is a Japanese diversified sporting goods manufacturer operating a portfolio of ten brands across fishing, golf, racquet sports, and cycling categories. It designs, produces, and distributes equipment and apparel to recreational and professional consumers, primarily in Japan and via brand-owned e-commerce, retail, and pop-up channels.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersHigashi-kurume, Japan
HQ citystring
Higashi-kurume
HQ countrystring
Japan
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
sporting goods manufacturing, fishing equipment, golf equipment, tennis rackets, cycling bicycles
Industry2 codes
1Sports & Outdoor Accessories Manufacturing (Performance Gloves/Headwear)
CodeIMAOAFAIPrimaryYes
2Racquet Sports & Court Sports Distribution (Tennis, Pickleball, Badminton)
CodeCRAOAJAIPrimaryNo
NAICS code2 codes
  • Sporting and Athletic Goods Manufacturing339920
  • Sporting Goods Retailers45911
SIC code1 code
  • Sporting & Athletic Goods, Nec3949
Product category
Sporting Goods Equipment
No data
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Marketing or Sales, Operations, Technology or R&D
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 10 records shown
1DAIWA
Description

Fishing gear brand

globeride.co.jp
+9 more records
Core offering1 text field

Globeride (GLOBERIDE, Inc.) manufactures and sells sporting goods equipment through a multi-brand portfolio organized across four sports categories: Fishing (DAIWA, DAIWA PIER39), Golf (ONOFF, GIII, RODDIO, FOURTEEN), Racquet Sports (Prince, DIADEM), and Cycle Sports (corratec, FOCUS). The company designs, develops, and distributes equipment and apparel — including rods, reels, clubs, rackets, bicycles, and accessories — targeting recreational and competitive consumers. The company positions itself as 'A Lifetime Sports Company'.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Globeride is a diversified sports equipment company operating as a multi-brand portfolio across four core sports categories: Fishing (DAIWA, DAIWA PIER39), Golf (ONOFF, GIII, RODDIO, FOURTEEN), Racquet Sports (Prince, DIADEM), and Cycle Sports (corratec, FOCUS). The company positions itself as a 'Lifetime Sports Company' committed to helping people enjoy sports throughout their lives. Each brand operates with its own identity and market positioning while sharing Globeride's corporate resources and sustainability initiatives.

Product and service11 records
1DAIWA Fishing Equipment
CategoryFishing Equipment
Description

Leading fishing equipment brand offering fishing rods, reels, lures, and accessories for recreational and professional anglers.

2DAIWA PIER39 Lifestyle Fishing
CategoryFishing Apparel and Lifestyle
Description

Lifestyle fishing brand combining fishing gear with urban outdoor fashion aesthetics.

3ONOFF Golf Equipment
CategoryGolf Equipment
Description

Premium golf equipment brand specializing in clubs, bags, and accessories including head covers.

4GIII Golf Equipment
CategoryGolf Equipment
Description

Golf brand offering clubs and golfing equipment targeting amateur and professional golfers.

5RODDIO Golf Clubs
CategoryGolf Equipment
Description

Golf equipment brand known for high-quality golf clubs and accessories.

6FOURTEEN Golf Wedges
CategoryGolf Equipment
Description

Golf brand specializing in wedges and short-game equipment for serious golfers.

7Prince Tennis Equipment
CategoryRacquet Sports Equipment
Description

Tennis and racquet sports brand offering rackets, shoes, and accessories.

8DIADEM Tennis Equipment
CategoryRacquet Sports Equipment
Description

Racquet sports brand specializing in high-performance tennis equipment.

9corratec Bicycles
CategoryCycling Equipment
Description

German premium cycling brand offering bicycles and cycling gear known for quality engineering.

10FOCUS Bicycles
CategoryCycling Equipment
Description

German cycling brand specializing in high-performance road and mountain bikes.

11DAIWA247 Daily Life Fishing Concept
CategoryFishing Lifestyle Concept
Description

New lifestyle-oriented fishing concept combining daily life with fishing activities, launched in spring 2026 with a pop-up store at Terrace Mall Shonan.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on1987-01-01
Description

The Hokkaido Fisheries Cooperative Women's Division Liaison Council has partnered with Globeride through its DAIWA brand in the 'お魚殖やす植樹運動' (Fish-Friendly Tree Planting Campaign). This initiative focuses on forest conservation to protect marine ecosystems, recognizing that healthy forests contribute to rich marine environments. The campaign has been recognized with the Minister of Agriculture, Forestry and Fisheries Award and has planted over 1.2 million trees since 1987.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Shimano (TYO:7309) is Globeride's most direct competitor, dominating global fishing tackle (reels, rods, lures) and cycling components. Both are Japanese-headquartered sporting goods manufacturers with overlapping fishing and cycling product lines, competing head-to-head in DAIWA's home markets.

TypeDirect peer
Description

Callaway (now part of Topgolf Callaway Brands, NYSE:MODG) is a leading global golf equipment manufacturer with brands including Callaway, Odyssey, and Topgolf. It directly competes with Globeride's ONOFF, GIII, RODDIO, and FOURTEEN brands in the premium golf equipment category, especially in Asian markets.

TypeDirect peer
Description

Acushnet (NYSE:GOLF) owns Titleist and FootJoy, dominating premium golf balls, clubs, and golf footwear/ apparel. It competes with Globeride's golf brands in clubs and accessories, particularly in the serious-golfer segment where FOURTEEN and RODDIO position themselves.

TypeBroad incumbent
Description

Decathlon is the world's largest sporting goods retailer and manufacturer, offering own-brand products across virtually every sport including fishing, golf, tennis, and cycling. It competes with Globeride on price/value and increasingly on quality across multiple of Globeride's categories.

TypeDirect peer
Description

Trek is one of the world's largest premium bicycle manufacturers, competing directly with Globeride's FOCUS and corratec brands in road, mountain, and e-bike categories. Both target enthusiast cyclists through dealer networks and direct-to-consumer channels.

TypeDirect peer
Description

Yonex (TYO:7901) is a Japanese sporting goods manufacturer specializing in racquet sports (tennis, badminton) and golf equipment. It directly competes with Globeride's Prince and DIADEM brands in tennis rackets and overlaps in golf clubs, serving similar consumer segments with comparable premium positioning.

TypeDirect peer
Description

Pure Fishing (owned by Sycamore Partners) is a US-based fishing tackle conglomerate owning brands including Berkley, Abu Garcia, Penn, and Shakespeare. It competes directly with DAIWA across rods, reels, and lures globally.

TypeDirect peer
Description

Specialized is a leading US-based premium bicycle brand with strong road and mountain bike lines plus a fast-growing e-bike portfolio. It competes directly with FOCUS and corratec for high-performance cycling consumers globally.

TypeBroad incumbent
Description

Mizuno is a Japanese global sporting goods manufacturer with strong positions in golf, baseball, running, and volleyball equipment. It overlaps with Globeride in golf clubs and is a broader multi-sport incumbent from the same Japanese manufacturing tradition.

TypeDirect peer
Description

Rapala (HLSE:RAP1V) is a Finnish fishing tackle specialist known for lures, fishing knives, and accessories. It is one of DAIWA's primary global competitors in recreational fishing gear, particularly in North American and European markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Globeride

Sporting Goods Equipmentgloberide.co.jp

Globeride is a Japanese diversified sporting goods manufacturer operating a portfolio of ten brands across fishing, golf, racquet sports, and cycling categories. It designs, produces, and distributes equipment and apparel to recreational and professional consumers, primarily in Japan and via brand-owned e-commerce, retail, and pop-up channels.

What Globeride does

Globeride, Inc. (TYO:7990) is a Japanese diversified sporting goods manufacturer founded in 1945, headquartered in Higashi-kurume/Tokyo, with a workforce in the 5,001-10,000 range. The company operates a multi-brand portfolio structured around four sport verticals: fishing (DAIWA, DAIWA PIER39), golf (ONOFF, GIII, RODDIO, FOURTEEN), racquet sports (Prince, DIADEM), and cycle sports (corratec, FOCUS, including German-engineered premium bicycle brands). Each brand runs an independent identity with its own dedicated e-commerce site, R&D, and product roadmap, while sharing corporate resources under Globeride's "A Lifetime Sports Company" positioning.

The company's underlying technology is rooted in mechanical product engineering — specialized rod, reel, golf club, tennis racket, and bicycle frame design — rather than software platforms. Distribution combines brand-owned direct-to-consumer e-commerce, retail and specialty-channel partnerships, and an emerging pop-up retail layer, exemplified by the June 2026 launch of the DAIWA247 lifestyle-fishing concept. Customer segments are horizontal consumer personas: recreational and professional anglers, golfers from amateur to professional levels, tennis players, and cycling enthusiasts.

Revenue is generated through B2C and B2B2C sale of branded equipment and apparel across the four sport categories, primarily in Japan with international brand presence (Prince globally; corratec and FOCUS in European cycling). Financial disclosure in the source data shows revenue on the order of ~800 billion JPY in fiscal 2026, down from a ~1.01 trillion JPY peak in 2023, accompanied by meaningful declines in operating income, EBITDA, and net income — evidence of multi-year top-line contraction. The firm also maintains an institutionalized sustainability agenda, including the long-running DAIWA "Fish-Friendly Tree Planting Campaign" with the Hokkaido Fisheries Cooperative Women's Division (over 1.2 million trees planted since 1987) and broader BE EARTH-FRIENDLY environmental programs. Pricing is not publicly disclosed but operates through premium-equipment positioning across each brand rather than a single published rate card.

Globeride firmographics

Firmographics
Name
Globeride
Legal name
GLOBERIDE, Inc.
Website
https://globeride.co.jp
Company type
Private
Founded year
1945
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Globeride is a Japanese diversified sporting goods manufacturer operating a portfolio of ten brands across fishing, golf, racquet sports, and cycling categories. It designs, produces, and distributes equipment and apparel to recreational and professional consumers, primarily in Japan and via brand-owned e-commerce, retail, and pop-up channels.
Ownership category
akta.pro rank

Globeride industry classification

Industry
Product category
Sporting Goods Equipment
NAICS
Sporting and Athletic Goods Manufacturing (339920), Sporting Goods Retailers (45911)
SIC
Sporting & Athletic Goods, Nec (3949)
akta.pro primary industry
Sports & Outdoor Accessories Manufacturing (Performance Gloves/Headwear) (IMAOAFAI)
akta.pro secondary industry
Racquet Sports & Court Sports Distribution (Tennis, Pickleball, Badminton) (CRAOAJAI)

Keywords

  • Sporting goods manufacturing
  • Fishing equipment
  • Golf equipment
  • Tennis rackets
  • Cycling bicycles

Where Globeride is headquartered

Location

Headquarters

HQ city
Higashi-kurume
HQ country
Japan
HQ region
Asia

Offices1 record

Markets served

Globeride business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Marketing or Sales, Operations, Technology or R&D

Distribution channels2 records

Marketing channels3 records

Globeride product offering

Product offering

Core offering

Globeride (GLOBERIDE, Inc.) manufactures and sells sporting goods equipment through a multi-brand portfolio organized across four sports categories: Fishing (DAIWA, DAIWA PIER39), Golf (ONOFF, GIII, RODDIO, FOURTEEN), Racquet Sports (Prince, DIADEM), and Cycle Sports (corratec, FOCUS). The company designs, develops, and distributes equipment and apparel — including rods, reels, clubs, rackets, bicycles, and accessories — targeting recreational and competitive consumers. The company positions itself as 'A Lifetime Sports Company'.

Product overview

Globeride is a diversified sports equipment company operating as a multi-brand portfolio across four core sports categories: Fishing (DAIWA, DAIWA PIER39), Golf (ONOFF, GIII, RODDIO, FOURTEEN), Racquet Sports (Prince, DIADEM), and Cycle Sports (corratec, FOCUS). The company positions itself as a 'Lifetime Sports Company' committed to helping people enjoy sports throughout their lives. Each brand operates with its own identity and market positioning while sharing Globeride's corporate resources and sustainability initiatives.

Differentiator

Problem solved

Functional benefit

Brands

  • DAIWA: Fishing gear brand
  • DAIWA PIER39
  • ONOFF
  • GⅢ
  • RODDIO
  • FOURTEEN
  • Prince
  • DIADEM
  • corratec
  • FOCUS

Products and services

  • DAIWA Fishing Equipment Leading fishing equipment brand offering fishing rods, reels, lures, and accessories for recreational and professional anglers.
  • DAIWA PIER39 Lifestyle Fishing Lifestyle fishing brand combining fishing gear with urban outdoor fashion aesthetics.
  • ONOFF Golf Equipment Premium golf equipment brand specializing in clubs, bags, and accessories including head covers.
  • GIII Golf Equipment Golf brand offering clubs and golfing equipment targeting amateur and professional golfers.
  • RODDIO Golf Clubs Golf equipment brand known for high-quality golf clubs and accessories.
  • FOURTEEN Golf Wedges Golf brand specializing in wedges and short-game equipment for serious golfers.
  • Prince Tennis Equipment Tennis and racquet sports brand offering rackets, shoes, and accessories.
  • DIADEM Tennis Equipment Racquet sports brand specializing in high-performance tennis equipment.
  • corratec Bicycles German premium cycling brand offering bicycles and cycling gear known for quality engineering.
  • FOCUS Bicycles German cycling brand specializing in high-performance road and mountain bikes.
  • DAIWA247 Daily Life Fishing Concept New lifestyle-oriented fishing concept combining daily life with fishing activities, launched in spring 2026 with a pop-up store at Terrace Mall Shonan.

Companies that use Globeride

Customer profile

Segments4 records

Ideal customer profiles4 records

Globeride technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Globeride partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Hokkaido Fisheries Cooperative Women's Division Liaison Council (北海道漁協女性部連絡協議会)coreStrategic or Co-development Partner · 1 January 1987The Hokkaido Fisheries Cooperative Women's Division Liaison Council has partnered with Globeride through its DAIWA brand in the 'お魚殖やす植樹運動' (Fish-Friendly Tree Planting Campaign). This initiative focuses on forest conservation to protect marine ecosystems, recognizing that healthy forests contribute to rich marine environments. The campaign has been recognized with the Minister of Agriculture, Forestry and Fisheries Award and has planted over 1.2 million trees since 1987.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Globeride competitors and assessment

Company assessment

Direct peers

  • Shimano: Shimano (TYO:7309) is Globeride's most direct competitor, dominating global fishing tackle (reels, rods, lures) and cycling components. Both are Japanese-headquartered sporting goods manufacturers with overlapping fishing and cycling product lines, competing head-to-head in DAIWA's home markets.
  • Callaway Golf Company: Callaway (now part of Topgolf Callaway Brands, NYSE:MODG) is a leading global golf equipment manufacturer with brands including Callaway, Odyssey, and Topgolf. It directly competes with Globeride's ONOFF, GIII, RODDIO, and FOURTEEN brands in the premium golf equipment category, especially in Asian markets.
  • Acushnet Holdings: Acushnet (NYSE:GOLF) owns Titleist and FootJoy, dominating premium golf balls, clubs, and golf footwear/ apparel. It competes with Globeride's golf brands in clubs and accessories, particularly in the serious-golfer segment where FOURTEEN and RODDIO position themselves.
  • Trek Bicycle Corporation: Trek is one of the world's largest premium bicycle manufacturers, competing directly with Globeride's FOCUS and corratec brands in road, mountain, and e-bike categories. Both target enthusiast cyclists through dealer networks and direct-to-consumer channels.
  • Yonex: Yonex (TYO:7901) is a Japanese sporting goods manufacturer specializing in racquet sports (tennis, badminton) and golf equipment. It directly competes with Globeride's Prince and DIADEM brands in tennis rackets and overlaps in golf clubs, serving similar consumer segments with comparable premium positioning.
  • Pure Fishing: Pure Fishing (owned by Sycamore Partners) is a US-based fishing tackle conglomerate owning brands including Berkley, Abu Garcia, Penn, and Shakespeare. It competes directly with DAIWA across rods, reels, and lures globally.
  • Specialized Bicycle Components: Specialized is a leading US-based premium bicycle brand with strong road and mountain bike lines plus a fast-growing e-bike portfolio. It competes directly with FOCUS and corratec for high-performance cycling consumers globally.
  • Rapala VMC Corporation: Rapala (HLSE:RAP1V) is a Finnish fishing tackle specialist known for lures, fishing knives, and accessories. It is one of DAIWA's primary global competitors in recreational fishing gear, particularly in North American and European markets.

Broad incumbents

  • Decathlon: Decathlon is the world's largest sporting goods retailer and manufacturer, offering own-brand products across virtually every sport including fishing, golf, tennis, and cycling. It competes with Globeride on price/value and increasingly on quality across multiple of Globeride's categories.
  • Mizuno Corporation: Mizuno is a Japanese global sporting goods manufacturer with strong positions in golf, baseball, running, and volleyball equipment. It overlaps with Globeride in golf clubs and is a broader multi-sport incumbent from the same Japanese manufacturing tradition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Globeride financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Globeride leadership team

Management profile

Number of profiles

Profiles2 records

Globeride funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Globeride M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Globeride

What does Globeride do?

Globeride (GLOBERIDE, Inc.) manufactures and sells sporting goods equipment through a multi-brand portfolio organized across four sports categories: Fishing (DAIWA, DAIWA PIER39), Golf (ONOFF, GIII, RODDIO, FOURTEEN), Racquet Sports (Prince, DIADEM), and Cycle Sports (corratec, FOCUS). The company designs, develops, and distributes equipment and apparel — including rods, reels, clubs, rackets, bicycles, and accessories — targeting recreational and competitive consumers. The company positions itself as 'A Lifetime Sports Company'.

Is Globeride a public or private company?

Globeride is a private company. It is classified as public and is currently operating.

When was Globeride founded?

Globeride was founded in 1945. It employs 5,001 to 10,000 people.

Where is Globeride based?

Globeride is headquartered in Higashi-kurume, Japan, in the Asia region.

Who are Globeride's main competitors?

Direct peers on record are Shimano, Callaway Golf Company, Acushnet Holdings, Trek Bicycle Corporation, Yonex, Pure Fishing, Specialized Bicycle Components and Rapala VMC Corporation. Broad incumbents are Decathlon and Mizuno Corporation.

Does Globeride have an API?

No public API is recorded for Globeride.

What industry is Globeride in?

Globeride's product category is Sporting Goods Equipment. Its primary akta.pro industry code is IMAOAFAI, Sports & Outdoor Accessories Manufacturing (Performance Gloves/Headwear), with a secondary code of CRAOAJAI, Racquet Sports & Court Sports Distribution (Tennis, Pickleball, Badminton). Its NAICS code is 339920 and its SIC code is 3949.

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Live signals
TipranksGLOBERIDE Reshuffles Executive and Senior Management Roles for 2026GLOBERIDE, Inc. announced a reallocation of executive and senior management responsibilities effective January 1, 2026, following a Board of Directors resolution. Managing Executive Officer Shinobu Kobayashi will expand her role to include General Manager of the Administration Department within the Fishing Sales Division, consolidating sales and administrative oversight. Shingo Sakagami will shift from General Manager of Administration in the Fishing Sales Division to lead the Information Systems Department in the Business Management Division.PR NewswireNew Social Norms Buy Solo Workout Equipment MakersSlinger Bag Inc. announced an inaugural global distribution agreement with Japanese sporting equipment distributor Globeride Inc., naming Globeride as the exclusive distributor of Slinger Bag products in the Japanese market, including the new Slinger Launcher Bag, with a planned launch date of July 1, 2020. Globeride has committed to capture at least 2.5% of Japan's 1.3 million avid tennis players over the five-year term, equating to a minimum purchase order of 32,500 Slinger Launcher Bags. A Grand View Research report projects the global sports equipment market to reach USD 89.22 billion by 2025, registering a CAGR of 3.5%.GlobeNewswireSlinger Bag Partners with Leading Distribution Company Globeride Inc. to Access the World’s Second Largest Tennis MarketSlinger Bag signed a five-year exclusive distribution agreement with Globeride Inc. to sell its tennis products in Japan, including the Slinger Launcher Bag. Globeride plans to launch the brand in July 2020 and commits to capturing at least 2.5% of Japan's 1.3 million avid tennis players, a minimum purchase order of 32,500 bags.