Saudi Arabia Sneaker Market

Market Overview:

The Saudi Arabia sneaker market size is projected to exhibit a growth rate (CAGR) of 6.00% during 2024-2032. The increasing health-consciousness among consumers, growing emphasis on sports and fitness, widespread inclusion of physical education in schools, promotion of women in sports, and the rapid expansion of online retail platforms represent some of the key factors driving the market.

Sneakers refer to a category of footwear designed for sports or other forms of physical exercise. They are manufactured from various materials, such as rubber, leather, polyurethane, phylon, phyllite, and ethyl vinyl acetate (EVA), exhibiting distinct properties such as durability and flexibility. Sneakers are available in various types, like high-tops, low-tops, mid-cuts, slip-ons, and more specialized types like cleats for specific sports. They are utilized in various applications, such as sports, fitness activities, outdoor adventures, casual wear, professional sports training, school physical education, and therapeutic foot alignment. Sneakers provide enhanced foot support, minimized risk of injuries, improved performance, comfort for extended wear, better posture and gait, and reduced lower back pain. In addition to this, they are known for their versatility, availability in various price ranges, suitability for all ages, gender neutrality, and the ability to promote a healthy lifestyle.

Saudi Arabia Sneaker Market Trends:

The increasing health-consciousness among consumers and the growing emphasis on sports and fitness are major factors boosting the market growth. Moreover, the rising focus of the government on sports development to increase sports participation among citizens, is providing a thrust to the market growth. Additionally, the widespread inclusion of physical education in schools and the promotion of women in sports is creating a positive outlook for the market growth. Along with this, the growing prevalence of lifestyle diseases, fostering a culture of regular exercise, and the use of appropriate footwear are bolstering the market growth. In addition to this, the widespread expansion of online retail platforms and the increasing internet penetration in the country, making it easier for consumers to access a wide range of sneaker brands and styles, is positively impacting the market growth. Moreover, the increasing demand for eco-friendly and technologically advanced sneakers, prompting brands to develop sustainable products using recycled materials and innovative production methods, is anticipated to drive the market growth. Apart from this, the growing luxury segment, driven by the high purchasing power of the consumers and the country's affinity for luxury goods is providing an impetus to the market growth. Along with this, the rising launch of exclusive collections and limited-edition models, as brands invest in marketing strategies that resonate with the local culture, is acting as a growth-inducing factor. Besides this, the ongoing urbanization in Saudi Arabia, leading to a rise in modern retail spaces like shopping malls and outlets, is favoring the market growth. Moreover, the increasing partnerships and collaborations with local artists, celebrities, and sports events to create unique products are supporting the market growth. In addition to this, the growing emphasis on ergonomics and foot health, as consumers seek sneakers that offer comfort, support, and health benefits, is positively influencing the market growth.

Saudi Arabia Sneaker Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country levels for 2024-2032. Our report has categorized the market based on product type, category, price point, distribution channel, and end user.

Product Type Insights:

• Low-Top Sneakers
• Mid-Top Sneakers
• High-Top Sneakers
   

The report has provided a detailed breakup and analysis of the market based on the product type. This includes low-top sneakers, mid-top sneakers, and high-top sneakers.

Category Insights:

• Branded
• Private Label
   

A detailed breakup and analysis of the market based on the category have also been provided in the report. This includes branded and private label.

Price Point Insights:

• Luxury
• Economic
   

The report has provided a detailed breakup and analysis of the market based on the price point. This includes luxury and economic.

Distribution Channel Insights:

• Specialty Stores
• Supermarkets and Hypermarkets
• Brand Outlets
• Online Stores
• Others
   

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes specialty stores, supermarkets and hypermarkets, brand outlets, online stores, and others.

End User Insights:

• Men
• Women
• Kids
   

The report has provided a detailed breakup and analysis of the market based on the end user. This includes men, women, and kids.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:

• Adidas AG
• Berluti (LVMH Moët Hennessy Louis Vuitton)
• Cole Haan KSA
• Nike Inc.
• Puma SE
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Saudi Arabia Sneaker Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia sneaker market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Saudi Arabia sneaker market?
• What is the breakup of the Saudi Arabia sneaker market on the basis of product type?
• What is the breakup of the Saudi Arabia sneaker market on the basis of category?
• What is the breakup of the Saudi Arabia sneaker market on the basis of price point?
• What is the breakup of the Saudi Arabia sneaker market on the basis of distribution channel?
• What is the breakup of the Saudi Arabia sneaker market on the basis of end user?
• What are the various stages in the value chain of the Saudi Arabia sneaker market? 
• What are the key driving factors and challenges in the Saudi Arabia sneaker?
• What is the structure of the Saudi Arabia sneaker market and who are the key players?
• What is the degree of competition in the Saudi Arabia Sneaker market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia sneaker market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia sneaker market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia sneaker industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.