Product Code: ETC017159 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Sporting and Athletic Goods Market is expected to register a CAGR of 5.7% during the forecast period (2025-2031). The market is largely driven by factors such as increasing disposable income levels, growing participation in sports activities, and rising health awareness among people. Additionally, changing lifestyles and technological advancements are some of the other key drivers that are fueling demand for sporting goods in the Kingdom.
There has been an increase in participation across both professional and amateur sports activities throughout Saudi Arabia over recent years due to changing lifestyles and increased leisure time available as well as greater access to facilities for playing various sports including cricket, football, volleyball, basketball etc., which is driving the growth of sporting goods market. The expansion of gymnasiums along with surging number of fitness clubs provides further impetus to this market`s growth. Increasing health consciousness among consumers has resulted into higher adoption rates for healthy lifestyle practices such as jogging or running, yoga etc., thereby positively influencing sales of related products like sneakers/running shoes; sportswear; boxing gloves & bags; fitness equipment etc., thus boosting overall revenue share from sale sporting goods sector in KSA region.
High prices associated with some premium international brands operating within current industry landscape pose major challenge against sustained long term growth prospects witnessed by this business domain all across KSA region .Presence numerous local vendors offering wide range substandard quality products at much lower price points relative global markets also hinders profits margins generated by existing top tier players operating across country??s sporting goods space.
The Covid-19 pandemic has had a negative impact on Saudi Arabia sporting and athletic goods markets due to supply chain disruptions caused by lockdown measures implemented by governments worldwide. In Saudi Arabia, retail stores have been closed temporarily causing significant losses for retailers selling sporting and athletics goods in the country. However, with physical distancing measures being enforced globally there is still potential for eCommerce platforms to benefit from increased demand as more people turn towards digital shopping options during these times.
Some of the key players operating in Saudi Arabia Sporting & Athletic Goods Market are Nike Inc., Adidas AG, Puma SE Reebok International Ltd., Decathlon Group SA , etc .These companies offer a wide range of products ranging from apparel to footwear catering different segments including casual wear , professional athletes , kids wear etc . Companies focus on product innovation leveraging latest technologies like 3D printing to create innovative design patterns which help them differentiate themselves from their competitors . They use aggressive marketing strategies such as celebrity endorsements to attract customers thereby capturing larger market share.
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 Saudi Arabia Sporting and Athletic Goods Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Sporting and Athletic Goods Market - Industry Life Cycle |
3.4 Saudi Arabia Sporting and Athletic Goods Market - Porter's Five Forces |
3.5 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Saudi Arabia Sporting and Athletic Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Sporting and Athletic Goods Market Trends |
6 Saudi Arabia Sporting and Athletic Goods Market, By Types |
6.1 Saudi Arabia Sporting and Athletic Goods Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Fishing Equipment, 2021-2031F |
6.1.4 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Skating and Skiing Equipment, 2021-2031F |
6.1.5 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Golf Equipment, 2021-2031F |
6.1.6 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Other Sporting Equipment, 2021-2031F |
6.2 Saudi Arabia Sporting and Athletic Goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Hypermarket/supermarket, 2021-2031F |
6.2.3 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Convenience/Departmental Store, 2021-2031F |
6.2.4 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.2.5 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Online Store, 2021-2031F |
6.2.6 Saudi Arabia Sporting and Athletic Goods Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Sporting and Athletic Goods Market Import-Export Trade Statistics |
7.1 Saudi Arabia Sporting and Athletic Goods Market Export to Major Countries |
7.2 Saudi Arabia Sporting and Athletic Goods Market Imports from Major Countries |
8 Saudi Arabia Sporting and Athletic Goods Market Key Performance Indicators |
9 Saudi Arabia Sporting and Athletic Goods Market - Opportunity Assessment |
9.1 Saudi Arabia Sporting and Athletic Goods Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Sporting and Athletic Goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Saudi Arabia Sporting and Athletic Goods Market - Competitive Landscape |
10.1 Saudi Arabia Sporting and Athletic Goods Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Sporting and Athletic Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |