Market Overview:
Saudi Arabia sportswear market size is projected to exhibit a growth rate (CAGR) of 7.20% during 2024-2032. The growing collaborations between sportswear brands and celebrities, athletes, and designers to introduce limited-edition collections, increasing number of e-commerce brands selling high-quality products, and rising environmental awareness represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
7.20% |
Sportswear refers to a specific category of clothing and accessories designed to be worn while performing physical activities, exercise, and sports-related endeavors. It comprises t-shirts, leggings, sports bras and footwear like running shoes, basketball shoes, and cleats. It encompasses various accessories, such as gloves, hats, and sports watches, that complement sportswear. It is tailored to provide comfort, flexibility, and performance-enhancing features to individuals engaged in various sporting activities. It is manufactured with high-performance fabrics like moisture-wicking polyester, breathable mesh, and stretchy elastane. It is designed to improve the performance of an athlete by offering features like moisture-wicking, breathability, and stretchability. Sportswear provides protection from environmental elements, such as ultraviolet (UV) rays, extreme weather, and impact. It ensures comfort during strenuous activities through ergonomic designs and materials. It often represents a team, club, or country, fostering a sense of identity and unity among athletes. It can reduce the risk of injuries by providing protection and support to vulnerable areas. It has evolved to encompass stylish designs suitable for everyday wear.
Saudi Arabia Sportswear Market Trends:
At present, the increasing popularity of athleisure wear among the masses represents one of the crucial factors impelling the growth of the market in Saudi Arabia. Athleisure wear blurs the lines between athletic apparel and casual wear, making it suitable for both gym sessions and everyday activities. Besides this, the rising environmental consciousness is leading to a shift towards sustainable sportswear. People are seeking products made from eco-friendly materials, such as recycled plastics, organic cotton, and bamboo fabric. Brands are also prioritizing sustainability and adopting ethical production practices for cater to specific customer needs. In addition, the growing number of e-commerce brands selling high-quality sportswear and delivering them to the doorstep of buyers is offering a favorable market outlook in the country. The convenience of online shopping, along with the availability of a wide range of options, is leading consumers to embrace digital channels for purchasing sportswear. Brands are also investing in digital marketing and personalized online experiences to engage with customers. Apart from this, the increasing emphasis on fitness and wellness is driving the demand for sportswear. The rising number of people adopting active lifestyles and participating in fitness activities is propelling the growth of the market in the country. Additionally, individuals are seeking unique and personalized sportswear options. Brands are responding to this trend by offering customization services, allowing customers to design their own athletic apparel and footwear. This trend also enhances customer engagement and loyalty. Moreover, increasing collaborations between sportswear brands and celebrities, athletes, and designers to manufacture various limited-edition collections are bolstering the market growth.
Saudi Arabia Sportswear 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, distribution channel, and end user.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes shoes and clothes.
Distribution Channel Insights:
- Online Stores
- Retail Stores
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes online stores and retail stores.
End User Insights:
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.
Saudi Arabia Sportswear Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product
- Distribution Channel
- End User
- Region
|
Products Covered |
Shoes, Clothes |
Distribution Channels Covered |
Online Stores, Retail Stores |
End Users Covered |
Men, Women, Kids |
Regions Covered |
Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Saudi Arabia sportswear 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 sportswear market?
- What is the breakup of the Saudi Arabia sportswear market on the basis of product?
- What is the breakup of the Saudi Arabia sportswear market on the basis of distribution channel?
- What is the breakup of the Saudi Arabia sportswear market on the basis of end user?
- What are the various stages in the value chain of the Saudi Arabia sportswear market?
- What are the key driving factors and challenges in the Saudi Arabia sportswear?
- What is the structure of the Saudi Arabia sportswear market and who are the key players?
- What is the degree of competition in the Saudi Arabia sportswear 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 sportswear market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia sportswear 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 sportswear 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.