| Product Code: ETC5039935 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The sports composites market in Ethiopia is in its early stages but shows promise as sports and fitness activities gain popularity. Lightweight, high-strength composite materials are used in the manufacturing of sports equipment such as bicycles, rackets, and helmets. The governments investment in sports infrastructure, coupled with rising consumer interest in fitness, is expected to drive market growth. Opportunities exist for local manufacturers to partner with international suppliers to introduce advanced composite technologies.
The sports composites market in Ethiopia is benefiting from a growing interest in sports and outdoor activities. As the population becomes more active in fitness and recreational sports, there is a greater demand for high-performance sports equipment made from lightweight and durable composite materials, such as carbon fiber and fiberglass. Additionally, the rise in popularity of cycling, athletics, and adventure sports has driven the need for advanced composite materials in sports gear. These materials offer significant advantages in terms of performance, durability, and safety, thereby stimulating demand for sports composites in Ethiopia.
The sports composites market in Ethiopia faces several challenges, including limited infrastructure, low demand, and a lack of local expertise. The market depends on importing high-performance composite materials, which increases costs and makes products less affordable for the local market. Additionally, the Ethiopian sports industry is still in its developmental stages, meaning there is limited demand for advanced materials used in sporting goods. Many potential buyers are unaware of the benefits of composites, such as their strength, durability, and lightweight properties. Compounding this is the absence of local manufacturing capabilities and the need for greater investment in research and development to innovate in sports composites technology.
The sports composites market in Ethiopia is supported by government policies promoting the use of advanced materials in the manufacturing of sports equipment and infrastructure. These policies focus on enhancing innovation within the sports industry by encouraging the use of high-performance composite materials. The Ethiopian government also supports research and development projects in sports technology, collaborating with academic and research institutions to position Ethiopia as a leader in the regional sports manufacturing market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Sports Composites Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Sports Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Sports Composites Market - Industry Life Cycle |
3.4 Ethiopia Sports Composites Market - Porter's Five Forces |
3.5 Ethiopia Sports Composites Market Revenues & Volume Share, By Resin, 2021 & 2031F |
3.6 Ethiopia Sports Composites Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.7 Ethiopia Sports Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ethiopia Sports Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest and participation in sports activities in Ethiopia |
4.2.2 Growing awareness about the benefits of using sports composites materials |
4.2.3 Government initiatives to promote sports infrastructure development in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with sports composites materials |
4.3.2 Limited availability of skilled labor for installation and maintenance of sports composites |
4.3.3 Fluctuating raw material prices impacting the production costs |
5 Ethiopia Sports Composites Market Trends |
6 Ethiopia Sports Composites Market Segmentations |
6.1 Ethiopia Sports Composites Market, By Resin |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Sports Composites Market Revenues & Volume, By Epoxy Resin-based Sports Composites, 2021-2031F |
6.1.3 Ethiopia Sports Composites Market Revenues & Volume, By Polyamide Resin-based Sports Composites, 2021-2031F |
6.1.4 Ethiopia Sports Composites Market Revenues & Volume, By Polyurethane Resin-based Sports Composites, 2021-2031F |
6.1.5 Ethiopia Sports Composites Market Revenues & Volume, By Polypropylene Resin-based Sports Composites, 2021-2031F |
6.2 Ethiopia Sports Composites Market, By Fiber |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Sports Composites Market Revenues & Volume, By Carbon Fiber Sports Composites, 2021-2031F |
6.2.3 Ethiopia Sports Composites Market Revenues & Volume, By Glass Fiber Sports Composites, 2021-2031F |
6.3 Ethiopia Sports Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Sports Composites Market Revenues & Volume, By Sports Composites for Golf Sticks, 2021-2031F |
6.3.3 Ethiopia Sports Composites Market Revenues & Volume, By Sports Composites for Rackets, 2021-2031F |
6.3.4 Ethiopia Sports Composites Market Revenues & Volume, By Sports Composites for Bicycle Frames, 2021-2031F |
6.3.5 Ethiopia Sports Composites Market Revenues & Volume, By Sports Composites for Hockey Sticks, 2021-2031F |
6.3.6 Ethiopia Sports Composites Market Revenues & Volume, By Sports Composites for Skis, Snowboards, and Kayaks, 2021-2031F |
7 Ethiopia Sports Composites Market Import-Export Trade Statistics |
7.1 Ethiopia Sports Composites Market Export to Major Countries |
7.2 Ethiopia Sports Composites Market Imports from Major Countries |
8 Ethiopia Sports Composites Market Key Performance Indicators |
8.1 Percentage increase in the number of sports facilities using composites materials |
8.2 Adoption rate of advanced sports composites technologies in Ethiopia |
8.3 Percentage growth in the demand for sports composites products |
8.4 Environmental impact assessment of sports composites materials |
8.5 Innovation rate in the sports composites market in Ethiopia |
9 Ethiopia Sports Composites Market - Opportunity Assessment |
9.1 Ethiopia Sports Composites Market Opportunity Assessment, By Resin, 2021 & 2031F |
9.2 Ethiopia Sports Composites Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.3 Ethiopia Sports Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ethiopia Sports Composites Market - Competitive Landscape |
10.1 Ethiopia Sports Composites Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Sports Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |