Turkey Sports Equipment and Apparel Market (2022-2028) | Share, Outlook, Forecast, Revenue, Growth, Industry, Size, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Market Forecast By Distribution Channel (Online, Offline), By Product Type (Equipment, Apparel and Shoes), By Sports Type (Bike, Outdoor, Tennis, Other Racket Sports, Running, Fitness, Football/Soccer, Other Team Sports) And Competitive Landscape

Product Code: ETC434074 Publication Date: Dec 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Turkey Sports Equipment And Apparel Market Synopsis

Turkey Sports Equipment And Apparel Market is propelling growth in the coming years. The growth is mainly driven by the growing popularity of sports among young individuals and increasing number of sporting events in the country. Additionally, the government’s initiatives such as providing subsidies for sports activities are contributing to the development of this market. However, the growth of this market is expected to decline owing to the presence of counterfeit products in the market and price fluctuations of raw materials. Moreover, high initial costs and rising investments are turn out to be market deterrent which could hamper the Turkey Sports Equipment And Apparel Market growth over the forecast period. 

According to 6Wresearch, Turkey Sports Equipment And Apparel Market is expected to grow during 2022-2028. The market is growing significantly on the back of active participation by individuals in sports activities, increasing investments in sport facilities, growing popularity of sports among women, health benefits related with sports, and rising discretionary expenses of individuals. Moreover, the subsidies provided by government for sport activities are also fuelling the growth of the market. However, decline in demand for cricket bats due to the improvement of skills among players and slowdown in the tourism industry are turn out to be the major challenges faced by sports equipment and apparel manufacturers. Irrespective of these challenges, the Turkey Sports Equipment And Apparel Market size is expected to grow over the years attributed to several factors including increasing spending on leisure activities, rising interest in physical activity, and increased investment in sport facilities by government authorities and private companies.

Impact of COVID-19 on Turkey Sports Equipment And Apparel Market

The COVID-19 pandemic negatively impacted the Turkey Sports Equipment And Apparel Market due to the closure of gyms, sporting events, and other activities. Additionally, the temporary closure of gyms, cancellation of sporting events, and declining consumer interest were diminished the Turkey Sports Equipment And Apparel Market Revenue during the outbreak. However, the market is predicted to recover as restrictions are elevated and people return to their normal day routines. The growth will be driven by increased demand for sports equipment and apparel from consumers and favorable government initiatives to promote physical activity in individual’s life.

Market analysis based on Distribution Channel

The Turkey Sports Equipment And Apparel Market is bifurcated by distribution channel includes online and offline. The online distribution channel is anticipated to grow at the highest CAGR during the forecast period due to the growing popularity of online retailing among consumers and the increasing number of internet users across the country. The offline distribution channel is expected to lead the Turkey Sports Equipment And Apparel Market share owing to the wide network of brick-and-mortar stores that offers convenient shopping experience to customers.

Market analysis based on Product Type

On the basis of Product Type, the market is divided into Equipment, Apparel And Shoes. In general, the apparel and shoes segment is accounted to lead the market share for Turkey Sports Equipment And Apparel which is a major part of Middle East Sports Equipment And Apparel Market during the forecast period. The growing popularity of sporting events, hiking, and trekking among people are positively impacted the sales of sporting apparel and shoes.

Competitive Landscape

Turkey Sports Equipment And Apparel Industry is highly competitive with abundant local and international players vying for market share. Leading companies have a significant presence in the country and offer a wide range of products to satisfy the customer’s demands. However, there are many small and medium-sized companies operating in the market and offer good quality products at competitive prices. Moreover, many companies are operating through direct sales as well as distribution channels such as online retailers, departmental stores, and sporting goods stores.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2018 to 2021.
  • Base Year: 2021.
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Turkey Sports Equipment and Apparel Market Outlook
  • Market Size of Turkey Sports Equipment and Apparel Market, 2021
  • Forecast of Turkey Sports Equipment and Apparel Market, 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Revenues & Volume for the Period 2018 - 2028
  • Turkey Sports Equipment and Apparel Market Trend Evolution
  • Turkey Sports Equipment and Apparel Market Drivers and Challenges
  • Turkey Sports Equipment and Apparel Price Trends
  • Turkey Sports Equipment and Apparel Porter's Five Forces
  • Turkey Sports Equipment and Apparel Industry Life Cycle
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Distribution Channel for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Online for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Offline for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Product Type for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Equipment for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Apparel and Shoes for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Sports Type for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Bike for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Outdoor for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Tennis for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Other Racket Sports for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Running for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Fitness for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Football/Soccer for the Period 2018 - 2028
  • Historical Data and Forecast of Turkey Sports Equipment and Apparel Market Revenues & Volume By Other Team Sports for the Period 2018 - 2028
  • Turkey Sports Equipment and Apparel Import Export Trade Statistics
  • Market Opportunity Assessment By Distribution Channel
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Sports Type
  • Turkey Sports Equipment and Apparel Top Companies Market Share
  • Turkey Sports Equipment and Apparel Competitive Benchmarking By Technical and Operational Parameters
  • Turkey Sports Equipment and Apparel Company Profiles
  • Turkey Sports Equipment and Apparel Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Distribution Channel

  • Online
  • Offline

By Product Type

  • Equipment
  • Apparel And Shoes

By Sports Type

  • Bike
  • Outdoor
  • Tennis
  • Other Racket Sports
  • Running
  • Fitness
  • Football/Soccer
  • Other Team Sports
Frequently Asked Questions About the Market Study: FAQs

1. What are the types of sports encompassed in the industry?

Bike, Outdoor, Tennis, Other Racket Sports, Running, Fitness, Football/Soccer, and Other Team Sports are encompassed in this industry.

2. What augments the Turkey Sports Equipment And Apparel Market growth?

Increasing investment in sports, growing health consciousness, and growing popularity of sports among individuals augments the growth of this market.

3. What factors declining the demand of Turkey Sports Equipment And Apparel Market?

The presence of counterfeit products, high initial costs, and price fluctuations of raw materials are expected to decline the demand of Turkey Sports Equipment And Apparel Market.

4. What is the study period of this report?

The study period of this report is 2022-2028.

 
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All