Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Sports Equipment And Apparel Market, Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to ResearchAndMarkets.com's offering.
The Saudi Arabia sports equipment and apparel market is poised for significant growth, expected to scale from USD 731.65 million in 2024 to USD 969.33 million by 2030, with a CAGR of 4.80%. This burgeoning sector is propelled by increasing health consciousness, rising participation in sports activities, and strategic government initiatives aligned with Vision 2030, which seeks to develop a more active Saudi society by emphasizing sports infrastructure, lifestyle enhancement, and fitness culture. The demand surge for quality, performance-driven sports products is in line with local and global fitness trends, stimulating investments in both physical and digital retail channels.
Key Market Drivers
The Saudi government, through its Vision 2030 framework, has invigorated the sports sector, aiming to boost regular physical activity among citizens and promote a fitness-conscious population. Landmark events like Formula 1 races and international football tournaments have augmented local sports enthusiasm, with increased participation aided by organizations such as the Saudi Sports for All Federation and the Saudi Pro League. These initiatives have elevated consumer demand for superior sports apparel and gear, aligning with widespread health aspirations and interest in sports entertainment.
Key Market Challenges
Saudi Arabia's dependence on imported sports equipment and apparel is a major market constraint. The dominance of international players from the U.S., Europe, and China underscores this reliance, rendering the market susceptible to global supply chain vulnerabilities highlighted by the COVID-19 pandemic. Such disruptions lead to price volatility and stock shortages, affecting the entire value chain from retailers to consumers. Furthermore, the local manufacturing infrastructure is yet to mature sufficiently to meet internal market demand, a gap the Vision 2030 aims to bridge over time.
Key Market Trends
Athleisure is taking center stage in Saudi Arabia's sportswear segment, largely driven by its blend of style and functionality. This trend is particularly robust among the youth and professionals gravitating towards casual, fitness-friendly attire. Global brands like Nike, Adidas, and Puma are expanding their offerings in response to this trend, introducing designs respectful of cultural norms including modest activewear options. Social media and influencer collaborations continue to amplify this shift, establishing athleisure as a staple in diverse wardrobes.
Key Market Players
- DRH Sports
- Formative Sports
- Flush Fashion KSA
- Magic Sports
- Nayef Sports
- Jadawel International Group
- Sportone
- AAA Sports
- Al-Othaim Markets
- Ajlan & Brothers
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 80 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $731.65 Million |
| Forecasted Market Value (USD) by 2030 | $969.33 Million |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Saudi Arabia |
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Saudi Arabia Sports Equipment And Apparel Market Outlook
5.1. Market Size & Forecast
5.2. Market Share & Forecast
5.3. Saudi Arabia Sports Equipment And Apparel Market Mapping & Opportunity Assessment
6. Saudi Arabia Sports Equipment Market Outlook
6.1. Market Size & Forecast
6.2. Market Share & Forecast
7. Saudi Arabia Sports Apparel Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
8. Market Dynamics
9. Market Trends & Developments
10. Porters Five Forces Analysis
11. Saudi Arabia Economic Profile
12. Competitive Landscape
12.1. Company Profiles
13. Strategic Recommendations
13.1. Key Focus Areas
For more information about this report visit https://www.researchandmarkets.com/r/i3elmz
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