Product Code: ETC232766 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The broader sports equipment market in Malaysia encompasses a wide range of products, including sports apparel, footwear, fitness equipment, and accessories. This market benefits from the growing awareness of health and fitness among Malaysia. The market`s outlook is positive, as more people embrace an active lifestyle and seek quality sports equipment and gear.
The sports equipment market in Malaysia is on a growth trajectory, primarily fueled by the country`s growing interest in sports and fitness activities. With rising health awareness and a focus on a healthy lifestyle, more Malaysia are engaging in various sports, from badminton and basketball to fitness training. This surge in participation is driving the demand for sports equipment, including apparel, footwear, and accessories. Furthermore, the emergence of e-commerce platforms has made it easier for consumers to access a wide range of sports equipment, contributing to market growth. Manufacturers and retailers are also investing in marketing and promotional activities to capture a larger share of this expanding market.
In the sports equipment market in Malaysia, there are several challenges that industry players need to address. The ongoing pandemic has disrupted supply chains, leading to delays in the production and distribution of sports equipment. The economic downturn has also impacted consumers` purchasing power, leading to reduced sales for sports equipment retailers. Additionally, the growing popularity of e-commerce platforms has intensified competition among sports equipment sellers, forcing them to invest in digital marketing and online sales strategies to stay relevant in the market.
The broader sports equipment market in Malaysia faced mixed impacts during the pandemic. While indoor sports equipment like gym equipment and indoor sports gear saw a temporary decline in demand due to facility closures and reduced indoor activities, outdoor sports equipment like bicycles, hiking gear, and camping equipment experienced a surge in popularity as people turned to outdoor activities for recreation and exercise. The shift toward outdoor sports and fitness activities may continue to influence the market`s dynamics in the post-pandemic era.
The sports equipment market in Malaysia boasts a dynamic landscape with several prominent players contributing to its growth and development. Leading the industry are established companies such as Decathlon, a renowned global sports retailer, which has expanded its presence in Malaysia offering a wide range of sports gear and equipment. Another key player is Sports Direct, a well-known sporting goods retailer offering various sporting equipment and apparel to meet the diverse needs of sports enthusiasts across the country. Additionally, local brands like Al-Ikhsan Sports and Universe Sports have also played a significant role in the market, catering to the preferences of Malaysia consumers and contributing to the competitive spirit of the sector.
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 Sports Equipment Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Sports Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Sports Equipment Market - Industry Life Cycle |
3.4 Malaysia Sports Equipment Market - Porter's Five Forces |
3.5 Malaysia Sports Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Malaysia Sports Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Malaysia Sports Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Sports Equipment Market Trends |
6 Malaysia Sports Equipment Market, By Types |
6.1 Malaysia Sports Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Sports Equipment Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Malaysia Sports Equipment Market Revenues & Volume, By Ball over net games, 2021-2031F |
6.1.4 Malaysia Sports Equipment Market Revenues & Volume, By Ball games, 2021-2031F |
6.1.5 Malaysia Sports Equipment Market Revenues & Volume, By Fitness/Strength equipment, 2021-2031F |
6.1.6 Malaysia Sports Equipment Market Revenues & Volume, By Athletic training equipment, 2021-2031F |
6.1.7 Malaysia Sports Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Sports Equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Sports Equipment Market Revenues & Volume, By Online retail, 2021-2031F |
6.2.3 Malaysia Sports Equipment Market Revenues & Volume, By Specialty & sports shops, 2021-2031F |
6.2.4 Malaysia Sports Equipment Market Revenues & Volume, By Department & discount stores, 2021-2031F |
7 Malaysia Sports Equipment Market Import-Export Trade Statistics |
7.1 Malaysia Sports Equipment Market Export to Major Countries |
7.2 Malaysia Sports Equipment Market Imports from Major Countries |
8 Malaysia Sports Equipment Market Key Performance Indicators |
9 Malaysia Sports Equipment Market - Opportunity Assessment |
9.1 Malaysia Sports Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Malaysia Sports Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Malaysia Sports Equipment Market - Competitive Landscape |
10.1 Malaysia Sports Equipment Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Sports Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |