| Product Code: ETC017151 | Publication Date: Jun 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Sri Lanka is one of the fastest growing economies in the Asia Pacific region and a market for quality sporting goods. The Sri Lankan sports goods industry has been steadily expanding due to increased participation in sports, rise in corporate entities engaging in sport-related activities, government initiatives such as construction of new stadiums, along with infrastructural development all over the country. As per an analysis by Allied Market Research (AMR), Sri Lanka`s sporting and athletic goods market was valued at USD 123.1 million in 2019 and is expected to reach USD 181.1 million by 2026, registering a CAGR of 5.5% from 2020 to 2026.
The growth of this sector can be attributed to increasing demand for branded products coupled with rising disposable income among middle class population. Various international brands are making their way into Sri Lankan markets thus offering customers more options than ever before. Additionally, government initiatives such as tax exemptions on imported equipment have attracted foreign players into local markets further strengthening competitive landscape within the country?s sports goods industry. Factors including high literacy rate and positive attitude towards physical fitness among citizens has fueled up sales across various categories including apparel & footwear, racquets & balls, outdoor games accessories etc., thereby propelling market growth further during forecast period (2020?2026).
Furthermore, favorable policies related to investments towards infrastructure development projects have also played important role in reaping benefits for both domestic manufacturers as well as leading international players operating from within Sri Lanka or through imports/exports routes respectively; thus contributing significantly towards overall growth prospects witnessed by Sri Lankan sporting goods market during foreseeable future.
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 Sri Lanka Sporting and Athletic Goods Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, 2019 & 2026F |
3.3 Sri Lanka Sporting and Athletic Goods Market - Industry Life Cycle |
3.4 Sri Lanka Sporting and Athletic Goods Market - Porter's Five Forces |
3.5 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Sri Lanka Sporting and Athletic Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Sporting and Athletic Goods Market Trends |
6 Sri Lanka Sporting and Athletic Goods Market, By Types |
6.1 Sri Lanka Sporting and Athletic Goods Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Fishing Equipment, 2016 - 2026F |
6.1.4 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Skating and Skiing Equipment, 2016 - 2026F |
6.1.5 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Golf Equipment, 2016 - 2026F |
6.1.6 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Other Sporting Equipment, 2016 - 2026F |
6.2 Sri Lanka Sporting and Athletic Goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Hypermarket/supermarket, 2016 - 2026F |
6.2.3 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Convenience/Departmental Store, 2016 - 2026F |
6.2.4 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Specialty Store, 2016 - 2026F |
6.2.5 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Online Store, 2016 - 2026F |
6.2.6 Sri Lanka Sporting and Athletic Goods Market Revenues & Volume, By Others, 2016 - 2026F |
7 Sri Lanka Sporting and Athletic Goods Market Import-Export Trade Statistics |
7.1 Sri Lanka Sporting and Athletic Goods Market Export to Major Countries |
7.2 Sri Lanka Sporting and Athletic Goods Market Imports from Major Countries |
8 Sri Lanka Sporting and Athletic Goods Market Key Performance Indicators |
9 Sri Lanka Sporting and Athletic Goods Market - Opportunity Assessment |
9.1 Sri Lanka Sporting and Athletic Goods Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Sri Lanka Sporting and Athletic Goods Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Sri Lanka Sporting and Athletic Goods Market - Competitive Landscape |
10.1 Sri Lanka Sporting and Athletic Goods Market Revenue Share, By Companies, 2019 |
10.2 Sri Lanka Sporting and Athletic Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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