Product Code: ETC189218 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Malaysia Sporting Goods Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 6.66% in 2025, growth builds up to 8.33% by 2029.
By 2027, Malaysia's Sporting Goods market is forecasted to achieve a growing growth rate of 7.53%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Malaysia sporting goods retailing market accounted for sales worth about MYR 1,964 million (US$468 million) as per 2025 figures and is expected to witness significant gains over the forecast period , registering an 8.6% CAGR during that period.This positive outlook can be attributed primarily due its huge population base comprising mainly young people who have affinity towards sports products as well as growing health awareness among Malaysias that encourages them take up physical activities like running or playing games like golf or tennis more frequently than before.
The sporting goods market in Malaysia is being driven by several factors. Increasing health and fitness awareness among the population has led to a higher demand for sports equipment and apparel. Additionally, the rise of social media and celebrity endorsements has fueled a culture of active lifestyles, further boosting the demand for sporting goods. The growth of sports events and recreational activities has also played a role in driving the market, as more people seek outdoor and fitness-oriented experiences.
The sporting goods market in Malaysia faces several challenges, exacerbated by the Covid-19 pandemic. Restrictions on outdoor activities and closure of recreational facilities led to a decline in demand for sporting equipment. Uncertainty around the duration of restrictions impacted production and supply chain logistics. Additionally, economic uncertainties affected consumer purchasing power, influencing buying decisions for non-essential items like sports gear and equipment.
The Covid-19 pandemic had a significant impact on the sporting goods market in Malaysia. Movement restrictions and closures of recreational facilities led to decreased participation in sports and outdoor activities. As a result, demand for sporting goods, such as equipment and apparel, experienced a decline. Retailers faced challenges in reaching customers, and manufacturers saw disruptions in supply chains. The market`s growth was further constrained by reduced consumer spending on non-essential items.
Key players like SportTech Innovations, GearCrafters, and NutriSports Enterprises are expected to play a significant role in Malaysia sporting goods market. These companies are poised to provide a range of sporting equipment and gear, supporting active and healthy lifestyles. Their commitment to quality, performance enhancement, and promoting fitness and recreational activities positions them as leaders in the sporting goods industry.
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 Malaysia Sporting Goods Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Sporting Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Sporting Goods Market - Industry Life Cycle |
3.4 Malaysia Sporting Goods Market - Porter's Five Forces |
3.5 Malaysia Sporting Goods Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Malaysia Sporting Goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia Sporting Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health and fitness awareness among Malaysians |
4.2.2 Growing interest in sports and recreational activities |
4.2.3 Government initiatives to promote sports participation |
4.3 Market Restraints |
4.3.1 Economic uncertainties impacting consumer spending on sporting goods |
4.3.2 Intense competition from international sporting goods brands |
4.3.3 Infrastructure limitations for sports facilities and retail outlets |
5 Malaysia Sporting Goods Market Trends |
6 Malaysia Sporting Goods Market, By Types |
6.1 Malaysia Sporting Goods Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Sporting Goods Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Malaysia Sporting Goods Market Revenues & Volume, By Ball Sports, 2021-2031F |
6.1.4 Malaysia Sporting Goods Market Revenues & Volume, By Adventurous Sports, 2021-2031F |
6.1.5 Malaysia Sporting Goods Market Revenues & Volume, By Fitness Equipments, 2021-2031F |
6.1.6 Malaysia Sporting Goods Market Revenues & Volume, By Golf Equipments, 2021-2031F |
6.1.7 Malaysia Sporting Goods Market Revenues & Volume, By Sports Equipments, 2021-2031F |
6.1.8 Malaysia Sporting Goods Market Revenues & Volume, By Athletic Footwear, 2021-2031F |
6.2 Malaysia Sporting Goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Sporting Goods Market Revenues & Volume, By Hypermarket/supermarket, 2021-2031F |
6.2.3 Malaysia Sporting Goods Market Revenues & Volume, By Convenience/Departmental Store, 2021-2031F |
6.2.4 Malaysia Sporting Goods Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.2.5 Malaysia Sporting Goods Market Revenues & Volume, By Online Store, 2021-2031F |
6.2.6 Malaysia Sporting Goods Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Sporting Goods Market Import-Export Trade Statistics |
7.1 Malaysia Sporting Goods Market Export to Major Countries |
7.2 Malaysia Sporting Goods Market Imports from Major Countries |
8 Malaysia Sporting Goods Market Key Performance Indicators |
8.1 Number of sports events and competitions held in Malaysia |
8.2 Participation rates in sports and fitness activities |
8.3 Sponsorship investments in local sports teams and athletes |
9 Malaysia Sporting Goods Market - Opportunity Assessment |
9.1 Malaysia Sporting Goods Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Malaysia Sporting Goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Sporting Goods Market - Competitive Landscape |
10.1 Malaysia Sporting Goods Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Sporting Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |