Sri Lanka Sporting and Athletic Goods Market (2020-2026) | Share, COVID-19 IMPACT, Trends, Growth, Value, Analysis, Size, Outlook, Companies, Industry, Forecast & Revenue

Sri Lanka Sporting and Athletic Goods Market Synopsis

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.

Key Highlights of the Report:

• Sri Lanka Sporting and Athletic Goods Market Outlook
• Market Size of Sri Lanka Sporting and Athletic Goods Market, 2019
• Forecast of Sri Lanka Sporting and Athletic Goods Market, 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Revenues & Volume for the Period 2016 - 2026
• Sri Lanka Sporting and Athletic Goods Market Trend Evolution
• Sri Lanka Sporting and Athletic Goods Market Drivers and Challenges
• Sri Lanka Sporting and Athletic Goods Price Trends
• Sri Lanka Sporting and Athletic Goods Porter's Five Forces
• Sri Lanka Sporting and Athletic Goods Industry Life Cycle
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Type for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Fishing Equipment for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Skating and Skiing Equipment for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Golf Equipment for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Other Sporting Equipment for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By ?Distribution Channel for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Hypermarket/supermarket for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Convenience/Departmental Store for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Specialty Store for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Online Store for the Period 2016 - 2026
• Historical Data and Forecast of Sri Lanka Sporting and Athletic Goods Market Revenues & Volume By Others for the Period 2016 - 2026
• Sri Lanka Sporting and Athletic Goods Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By ?Distribution Channel
• Sri Lanka Sporting and Athletic Goods Top Companies Market Share
• Sri Lanka Sporting and Athletic Goods Competitive Benchmarking By Technical and Operational Parameters
• Sri Lanka Sporting and Athletic Goods Company Profiles
• Sri Lanka Sporting and Athletic Goods Key Strategic Recommendations