Saudi Arabia Sports Equipment and Apparel Market Growth, Size, Trends, Share and Future Outlook
Saudi Arabia Sports Equipment and Apparel Market Size- By Product Type, By Distribution Channel, By Price Range, By Sport Specific, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2024 | Report ID: FMCG24138 | Pages: 1 - 108 | Formats*: |
| Category : Consumer & Retail | |||
Saudi Arabia Sports Equipment and Apparel Market Introduction and Overview
According to SPER Market Research, the Saudi Arabia Sports Equipment and Apparel Market is estimated to reach USD 1106.34 million by 2033 with a CAGR 5.08%.
The report includes an in-depth analysis of the Saudi Arabia Sports Equipment and Apparel Market, including market size and trends, product mix, distribution channels, and supplier analysis. A wide range of instruments and accessories used in various physical activities and sports are included in the broad category of sports equipment. It consists of equipment, such as a ball, bat, and other things intended for use by athletes and players. Sports clothing is what's worn for physical activities like yoga, jogging, and hiking. The many needs of men, women, and children are met by these products. Because different sports place different demands on different body parts and are played in different circumstances, sports gear varies depending on the sport in terms of materials, fit, and design. Sportswear includes things like football shirts, yoga pants, running socks, baseball hats, and swimwear.
- In July 2023, North Sails, an international sailmaker and sailing apparel company, and Red Sea Global, a developer of significant projects including The Red Sea and Amaala, partnered.
Market Opportunities and Challenges
Opportunities:
Consumers' Rising Health Consciousness: People's attention is being drawn to their health by the increasing occurrence of numerous chronic diseases and disorders linked to lifestyle choices. Because of this, Saudis are becoming more active in their daily lives, taking up sports like swimming and running, and joining clubs like yoga, aerobics, and gyms. This is driving up the demand for sportswear and equipment in Saudi Arabia. Furthermore, it is projected that increased fashion-sports partnerships, an increase in female participation in fitness and sports, and the accessibility of fashionable sportswear would spur market demand and growth.
Challenges: Saudi Arabia is an attractive destination for counterfeit goods even with its stringent restrictions regarding the handling of such goods. A report claims that in 2020, Saudi Arabian Customs eliminated almost two million counterfeit goods, including apparel and sporting goods. Saudi Arabia, whose economy has grown steadily over the past few years, currently provides 3.3% of the global counterfeit trade. The expansion of the Saudi Arabian sports equipment and apparel sector is adversely affected by counterfeit products, which not only hurt industry players' profits but also damage the reputation of well-known brands.
Market Competitive Landscape
The sports equipment and apparel market in Saudi Arabia is dominated by companies such as Al-Othaim Markets, DRH Sports, Magic Sports, Nayef Sports, Jadawel International Group, Formative Sports, Flush Fashion KSA, Sportone, and AAA Sports. Several organizations use a range of tactics to increase their market share, such as licensing agreements, partnerships, joint ventures, mergers and acquisitions, and the introduction of new products.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By Distribution Channel, By Price Range, By Sport Specific, By End User |
| Regions covered | Eastern, Western, Southern, Northern |
| Companies Covered | AAA Sports, Al-Othaim Markets, DRH Sports, Flush Fashion KSA, Formative Sports, Jadawel International Group, Magic Sports, Nayef Sports, Sportone. |
COVID-19 Impact on Saudi Arabia Sports Equipment and Apparel Market
The Saudi Arabian market for sportswear and equipment was greatly influenced by the COVID-19 outbreak. Sports equipment and apparel sales fell precipitously as lockdowns and limitations were put in place to stop the virus's spread. Athletic events, gym operations, and outdoor activities were all stopped or severely curtailed. Businesses in the industry saw a decline in sales and profits as a result of consumers prioritizing necessities over non-essential items like sports gear. Supply chain delays and logistical problems made it difficult for retail stores and online platforms to continue operating and completing orders. Though more slowly, the market has begun to rebound as a result of the progressive relaxation of regulations and the restart of athletic events.
Key Target Audience:
- Athletes and Sports Enthusiasts
- Fitness Centers and Gyms
- Retail Consumers
- Schools and Educational Institutions
- Corporate and Institutional Buyers
- Sports Teams and Associations
- Online Retailers and E-commerce Platforms
- Healthcare and Rehabilitation Centers
Our in-depth analysis of the Saudi Arabia Sports Equipment and Apparel Market includes the following segments:
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Key Topics Covered in the Report:
- Saudi Arabia Sports Equipment and Apparel Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Sports Equipment and Apparel Market
- Segmentation of Saudi Arabia Sports Equipment and Apparel Market By Product Type (Sports Equipment, Sports Apparel)
- Segmentation of Saudi Arabia Sports Equipment and Apparel Market By Distribution Channel (Online, Offline)
- Segmentation of Saudi Arabia Sports Equipment and Apparel Market By Price Range (Mass-Market/Affordable Mid-Range, Premium)
- Segmentation of Saudi Arabia Sports Equipment and Apparel Market By Sport Specific (Soccer/Football, Basketball, Tennis, Fitness/Gym, Running, Swimming, Outdoor Sports, Indoor Sports, Others)
- Statistical Snap of Saudi Arabia Sports Equipment and Apparel Market
- Expansion Analysis of Saudi Arabia Sports Equipment and Apparel Market
- Problems and Obstacles in Saudi Arabia Sports Equipment and Apparel Market
- Competitive Landscape in the Saudi Arabia Sports Equipment and Apparel Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Sports Equipment and Apparel Market
- Details on Current Investment in Saudi Arabia Sports Equipment and Apparel Market
- Competitive Analysis of Saudi Arabia Sports Equipment and Apparel Market
- Prominent Players in the Saudi Arabia Sports Equipment and Apparel Market
- SWOT Analysis of Saudi Arabia Sports Equipment and Apparel Market
- Saudi Arabia Sports Equipment and Apparel Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Sports Equipment and Apparel Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Saudi Arabia Sports Equipment and Apparel Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Sports Equipment and Apparel Market
7. Saudi Arabia Sports Equipment and Apparel Market, By Product Type (USD Million) 2020-2033
7.1. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Product Type, 2020-20267.2. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Product Type, 2027-20337.3. Sports Equipment
7.3.1. Athletic Footwear7.3.2. Sports Apparel7.3.3. Fitness Equipment7.3.4. Sports Accessories (including Ball, Glove, Protective Gear)7.3.5. Sports Gear (including Bat, Racquet, Club)
7.4. Sports Apparel
7.4.1. Activewear7.4.2. Athletic Shoes7.4.3. Sports Jerseys7.4.4. Training Clothes7.4.5. Outerwear
8. Saudi Arabia Sports Equipment and Apparel Market, By Distribution Channel (USD Million) 2020-2033
8.1. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Distribution Channel, 2020-20268.2. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Distribution Channel, 2027-20338.3. Online8.4. Offline
9. Saudi Arabia Sports Equipment and Apparel Market, By Price Range (USD Million) 2020-2033
9.1. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Price Range, 2020-20269.2. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Price Range, 2027-20339.3. Mass-Market/Affordable9.4. Mid-Range9.5. Premium
10. Saudi Arabia Sports Equipment and Apparel Market, By Sport Specific (USD Million) 2020-2033
10.1. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Sport Specific, 2020-202610.2. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By Sport Specific, 2027-203310.3. Soccer/Football10.4. Basketball10.5. Tennis10.6. Fitness/Gym10.7. Running10.8. Swimming10.9. Outdoor Sports10.10. Indoor Sports10.11. Others
11. Saudi Arabia Sports Equipment and Apparel Market, By End User (USD Million) 2020-2033
11.1. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By End User, 2020-202611.2. Saudi Arabia Sports Equipment and Apparel Market Size, Share and Forecast, By End User, 2027-203311.3. Men11.4. Women11.5. Children11.6. Professional Athletes11.7. Fitness Enthusiasts11.8. Others
12. Saudi Arabia Sports Equipment and Apparel Market Forecast, 2020-2033 (USD Million)
12.1. Saudi Arabia Sports Equipment and Apparel Market Size and Market Share
13. Saudi Arabia Sports Equipment and Apparel Market, By Region, 2020-2033 (USD Million)
13.1. Saudi Arabia Sports Equipment and Apparel Market Size and Market Share By Region (2020-2026)13.2. Saudi Arabia Sports Equipment and Apparel Market Size and Market Share By Region (2027-2033)13.3. Eastern13.4. Western13.5. Southern13.6. Northern
14. Company Profile
14.1. AAA Sports
14.1.1. Company details14.1.2. Financial outlook14.1.3. Product summary14.1.4. Recent developments
14.2. Al-Othaim Markets
14.2.1. Company details14.2.2. Financial outlook14.2.3. Product summary14.2.4. Recent developments
14.3. DRH Sports
14.3.1. Company details14.3.2. Financial outlook14.3.3. Product summary14.3.4. Recent developments
14.4. Flush Fashion KSA
14.4.1. Company details14.4.2. Financial outlook14.4.3. Product summary14.4.4. Recent developments
14.5. Formative Sports
14.5.1. Company details14.5.2. Financial outlook14.5.3. Product summary14.5.4. Recent developments
14.6. Jadawel International Group
14.6.1. Company details14.6.2. Financial outlook14.6.3. Product summary14.6.4. Recent developments
14.7. Magic Sports
14.7.1. Company details14.7.2. Financial outlook14.7.3. Product summary14.7.4. Recent developments
14.8. Nayef Sports
14.8.1. Company details14.8.2. Financial outlook14.8.3. Product summary14.8.4. Recent developments
14.9. Sportone
14.9.1. Company details14.9.2. Financial outlook14.9.3. Product summary14.9.4. Recent developments
14.10. Others
15. Conclusion
16. List of Abbreviations
17. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Saudi Arabia Sports Equipment and Apparel Market is projected to reach USD 1106.34 million by 2033, growing at a CAGR of 5.08% during the forecast period.
Saudi Arabia Sports Equipment and Apparel Market grew in Market size from 2024. The Market is expected to reach USD 1106.34 million by 2033, at a CAGR of 5.08% during the forecast period.
Saudi Arabia Sports Equipment and Apparel Market CAGR of 5.08% during the forecast period.
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Saudi Arabia Sports Equipment and Apparel Market size is USD 1106.34 million from 2024 to 2033.
Saudi Arabia Sports Equipment and Apparel Market is covered By Product Type, By Distribution Channel, By Price Range, By Sport Specific, By End User.
The Middle East is anticipated to have the highest Market share in the Saudi Arabia Sports Equipment and Apparel Market.
The key players in the Market include Companies Covered AAA Sports, Al-Othaim Markets, DRH Sports, Flush Fashion KSA, Formative Sports, Jadawel International Group, Magic Sports, Nayef Sports, Sportone.
It consists of equipment, such as a ball, bat, and other things intended for use by athletes and players. Sports clothing is what's worn for physical activities like yoga, jogging, and hiking.
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