Product Code: ETC014399 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia sports apparel market is expected to grow rapidly during 2020-2026, due to increasing fitness awareness among the youth and rising disposable income. Increasing participation in outdoor activities like adventure sports, running & jogging, cycling and other leisure activities are also driving the demand for sportswear in the Kingdom of Saudi Arabia. The growing trend of e-commerce has enabled customers easy access to a wide variety of international brands from their homes, thus boosting the sportswear segment in KSA. Moreover, manufacturers are introducing technologically advanced fabric materials such as breathable fabrics that offer enhanced comfort with sweat absorbing and quick drying capabilities further fueling demand for sports apparel in this region.
Growing health consciousness along with increased disposable incomes has led people across all ages towards participating more actively in outdoor physical activities such as running & jogging, adventure sports (e.g., surfing), aerobics etc., which have resulted into an upsurge demand for comfortable clothing used while performing these physical activities. Thus there is an increased demand for performance wear including tights, leggings and tops manufactured using high-performance fabrics like synthetic fibers or blends that provide optimum comfort while exercising or playing any athletic activity , thereby propelling overall growth of Saudi Arabia Sports Apparel Market over forecasted period. Ease of availability together with convenience offered by ecommerce platforms coupled with increasing penetration of internet services amongst consumers has significantly contributed towards surging popularity Online Shopping amongst customers seeking affordable prices for apparels & clothes . This factor has definitely acted as major catalysts responsible behind upliftment witnessed by saudi Arabia online apparel industry including sportswear platform . Moreover , emergence new store concepts within country has further encouraged customers towards relying upon online channel instead visiting malls & stores located within their area thus acting impetus behind growth saudi Arabia market size terms value during upcoming years.
Although there exists a significant population willing purchase performance wear however lack knowledge different types fabric used manufacturing process often results customer purchasing wrong product without understanding its features benefits available them henceforth hampering potential sales opportunities manufacturer side affecting overall growth rate sporting goods industry kingdom saudi arabia future timeframe .
However, COVID-19 pandemic has caused severe impacts on the overall industry due to forced closure of retail stores and various restrictions imposed by government authorities across Saudi Arabia as part of safety measures. This could lead to an additional burden of costs associated with maintaining hygiene standards etc., leading companies operating in this industry during this time frame may face uncertain business continuity risks or financial losses until normalcy resumes in global markets.
The major players operating in Saudi Arabia sports apparel market are adidas Group, Nike Inc., Puma SE, VF Corporation (Under Armour), Decathlon SA., Li Ning Company Ltd., ASICS CORPORATION , Uniqlo Co Ltd (Fast Retailing Co Ltd.), FILA Korea Ltd., Skechers USA Inc.
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 Sports Apparel Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Sports Apparel Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Sports Apparel Market - Industry Life Cycle |
3.4 Saudi Arabia Sports Apparel Market - Porter's Five Forces |
3.5 Saudi Arabia Sports Apparel Market Revenues & Volume Share, By End-users, 2020 & 2030F |
3.6 Saudi Arabia Sports Apparel Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Saudi Arabia Sports Apparel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Sports Apparel Market Trends |
6 Saudi Arabia Sports Apparel Market, By Types |
6.1 Saudi Arabia Sports Apparel Market, By End-users |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Sports Apparel Market Revenues & Volume, By End-users, 2020-2030F |
6.1.3 Saudi Arabia Sports Apparel Market Revenues & Volume, By Children, 2020-2030F |
6.1.4 Saudi Arabia Sports Apparel Market Revenues & Volume, By Men, 2020-2030F |
6.1.5 Saudi Arabia Sports Apparel Market Revenues & Volume, By Women, 2020-2030F |
6.2 Saudi Arabia Sports Apparel Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Sports Apparel Market Revenues & Volume, By E-commerce, 2020-2030F |
6.2.3 Saudi Arabia Sports Apparel Market Revenues & Volume, By Supermarket/Hypermarket, 2020-2030F |
6.2.4 Saudi Arabia Sports Apparel Market Revenues & Volume, By Brand Outlets, 2020-2030F |
6.2.5 Saudi Arabia Sports Apparel Market Revenues & Volume, By Discount Stores, 2020-2030F |
7 Saudi Arabia Sports Apparel Market Import-Export Trade Statistics |
7.1 Saudi Arabia Sports Apparel Market Export to Major Countries |
7.2 Saudi Arabia Sports Apparel Market Imports from Major Countries |
8 Saudi Arabia Sports Apparel Market Key Performance Indicators |
9 Saudi Arabia Sports Apparel Market - Opportunity Assessment |
9.1 Saudi Arabia Sports Apparel Market Opportunity Assessment, By End-users, 2020 & 2030F |
9.2 Saudi Arabia Sports Apparel Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Saudi Arabia Sports Apparel Market - Competitive Landscape |
10.1 Saudi Arabia Sports Apparel Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Sports Apparel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |