Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Fishing Equipment, Skating and Skiing Equipment, Golf Equipment, Other Sporting Equipment), By Distribution Channel (Hypermarket/Supermarket, Convenience/Departmental Store, Specialty Store, Online Store, Others) And Competitive Landscape
Product Code: ETC056046 | Publication Date: Feb 2021 | Updated Date: Apr 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
The Africa Sporting and Athletic Goods Market is continuously rising. Manufacturers in the market are focusing on expanding their product lines with the rising interest in fitness and sports of people. Growth in e-commerce platforms is amongst the latest developments in the sector. Sporting goods brands turn to virtual channels in order to reach more customers and it has opened new opportunities for innovation and growth in the Africa Sporting And Athletic Goods Industry. Sustainable manufacturing practices are another essential trend which is obtaining traction in the market. Consumers in the region are turning conscious of their impact on the environment. This resulted in a number of athletic goods manufacturers started using eco-friendly materials or they are adopting sustainable production methods.
There is also a rising demand for wearable technology among fitness enthusiasts and athletes which includes fitness trackers, Smartwatches, and other wearable devices that are able to track everything and it provides people with essential insights into their performance and health levels. These developments are contributing to the Africa Sporting And Athletic Goods Market Growth.
Africa Sporting and Athletic Goods Market is projected to register growth over the upcoming years. The key aspect boosting the Sporting and Athletic Goods market demand in the region is the rise in private sports clubs especially in the developed world. The increased demand for high-end and low maintenance Sporting and Athletic Goods options among facility managers is anticipated to assist the market in mark progress in adopting environmentally friendly, as well as sustainable and high-performance materials. Moreover, the outburst of the coronavirus pandemic directly affected the demand and production, by creating market disruption of the Sporting and Athletic Goods in the supply chain. However, the market is likely to regain its growth over the coming years.
According to 6Wresearch, the Africa Sporting and Athletic Goods Market size is anticipated to register growth during the forecast period 2021-2027. The rise in the growth of recreational sporting aspirations amongst the youth and an ever-growing interest in sport is further projected to support the Sporting and Athletic Goods market growth across the region.
In terms of application, the Sporting and Athletic Goods market in Africa is categorized into supermarkets/hypermarkets, speciality stores, online stores, convenience/departmental stores and others. The major market players in the Sporting and Athletic Goods Market are Decathlon, NIKE, Russell, Performance Sports Group, Callaway Golf Company, Adidas, Dick’s Sporting Goods, Puma, DKS, Converse, Asics and Under Armour.
Africa Sporting and Athletic Goods Market report thoroughly cover the market by type, distribution channel and countries including South Africa, Kenya, Nigeria, Algeria and the rest of Africa. Africa Sporting and Athletic Goods market outlook report provides an unbiased and detailed analysis of ongoing Africa Sporting and Athletic Goods market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
Africa Sporting And Athletic Goods Market are anticipated to register sound revenues in the forthcoming years backed by an increase in the number of sports participants across the region. Additionally, the rising school and colleges initiative by organizing sports events in the schools which are resulting in the high adoption of Sporting And Athletic Goods and this further is estimated to boost impressive growth of the Sporting And Athletic Goods Market in the entire Africa region in the coming timeframe.
The coronavirus pandemic had major impacts on the Sporting and Athletic Goods Market in Africa. Sports events were postponed and even cancelled with social distancing and lockdown measures as the lockdown led to a reduction in demand for sporting goods which include balls, equipment, and jerseys. The closure of gyms across the region also led to a disruption in the market growth since people were maintaining their health by staying at their homes. The pandemic affected the supply chain of sporting and athletic goods as several factors shut down or they were operating at low capacity owing to the many restrictions imposed by the governments across the region and this resulted in shortages and delays which impacted negatively on both retailers as well as consumers.
The report provides a detailed analysis of the following market segments:
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 Africa Sporting and Athletic Goods Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Sporting and Athletic Goods Market Revenues & Volume, 2020 & 2027F |
3.3 Africa Sporting and Athletic Goods Market - Industry Life Cycle |
3.4 Africa Sporting and Athletic Goods Market - Porter's Five Forces |
3.5 Africa Sporting and Athletic Goods Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Africa Sporting and Athletic Goods Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.7 Africa Sporting and Athletic Goods Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
4 Africa Sporting and Athletic Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Sporting and Athletic Goods Market Trends |
6 Africa Sporting and Athletic Goods Market, 2017 - 2027 |
6.1 Africa Sporting and Athletic Goods Market, Revenues & Volume, By Type, 2017 - 2027 |
6.2 Africa Sporting and Athletic Goods Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7 South Africa Sporting and Athletic Goods Market, 2017 - 2027 |
7.1 South Africa Sporting and Athletic Goods Market, Revenues & Volume, By Type, 2017 - 2027 |
7.2 South Africa Sporting and Athletic Goods Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8 Nigeria Sporting and Athletic Goods Market, 2017 - 2027 |
8.1 Nigeria Sporting and Athletic Goods Market, Revenues & Volume, By Type, 2017 - 2027 |
8.2 Nigeria Sporting and Athletic Goods Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
9 Kenya Sporting and Athletic Goods Market, 2017 - 2027 |
9.1 Kenya Sporting and Athletic Goods Market, Revenues & Volume, By Type, 2017 - 2027 |
9.2 Kenya Sporting and Athletic Goods Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
10 Rest of Africa Sporting and Athletic Goods Market, 2017 - 2027 |
10.1 Rest of Africa Sporting and Athletic Goods Market, Revenues & Volume, By Type, 2017 - 2027 |
10.2 Rest of Africa Sporting and Athletic Goods Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
11 Africa Sporting and Athletic Goods Market Key Performance Indicators |
12 Africa Sporting and Athletic Goods Market - Opportunity Assessment |
12.1 Africa Sporting and Athletic Goods Market Opportunity Assessment, By Countries, 2020 & 2027F |
12.2 Africa Sporting and Athletic Goods Market Opportunity Assessment, By Type, 2020 & 2027F |
12.3 Africa Sporting and Athletic Goods Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
13 Africa Sporting and Athletic Goods Market - Competitive Landscape |
13.1 Africa Sporting and Athletic Goods Market Revenue Share, By Companies, 2020 |
13.2 Africa Sporting and Athletic Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |