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Saudi Arabia Athletic Footwear Market Research Report, 2028

Saudi Arabia Athletic Footwear Market Research Report, 2028

Actual Market Research 31-03-2023 66 Pages Figures : 6 Tables : 21 Region : MEA Country : United Arab Emirates Category : Consumer Goods & Services Household Goods

The athletic footwear market in Saudi Arabia is growing rapidly, driven by various factors such as an increasing interest in sports and fitness activities, a growing youth population, and a rise in health consciousness among consumers. Sports participation and gym memberships are increasing, the youth population is expanding, and disposable income levels are rising, all of which are contributing factors to the growth of the athletic footwear market in Saudi Arabia. Growing interest in physical fitness activities, an increase in sporting events and tournaments, and rising participation in sports are the main drivers of this industry. Since there are younger people living in the UAE, businesses have the chance to market to them with fashionable, trendy, and functional athletic sports footwear. According to the research report, "Saudi Arabia Athletic Footwear Market Research Report, 2028" published by Actual Market Research, The Saudi Arabia Athletic Footwear market is projected to reach market size of more than USD 827 Million by 2028. As more people in Saudi Arabia focus on health and fitness, the demand for athletic footwear is expected to increase. This presents an opportunity for brands to introduce new products that cater to the needs of the market. It has a large and growing youth population, which is more likely to be interested in athletic footwear. This presents an opportunity for brands to target this demographic with products that are designed specifically for their needs and preferences. And its government has launched several initiatives to promote sports and physical activity, which is expected to drive demand for athletic footwear, the Vision 2030 plan includes initiatives to promote sports and physical activity in the country, which is likely to benefit the athletic footwear market. There are some super or hyper markets and speciality stores in Saudi Arabia that sell athletic footwear, addidas, Nike, sun and sand, decathlon, foot locker and inter sports. There are several local and international brands that are popular in the athletic footwear market in Saudi Arabia. Here Local Brands: Othaim Sports, Saco Sport, Redtag Sport, Riyadh Sport, Alhazmi Sport. International Brands:Nike, Adidas, Puma, Reebok, Under Armour, Asics, New Balance, Sketchers, Salomon, Mizuno One of the key innovations in the Saudi Arabian athletic footwear market has been the use of advanced materials and technologies to enhance comfort and performance. Many footwear brands have introduced new materials such as Flyknit, Primeknit, and Flyweave, which are lightweight and provide a supportive fit. Additionally, new technologies such as Nike's React and Adidas' Boost have been introduced to provide better cushioning and energy return, which can help athletes perform better. The running, walking, and training athletic footwear market in Saudi Arabia is booming due to several reasons: People in Saudi Arabia are becoming more and more conscious of the value of maintaining a healthy lifestyle and being physically fit. The need for athletic footwear made for these activities is rising as running, walking, and training become some of the most popular types of exercise. Saudi Arabia has been actively promoting sports and fitness activities in recent years, which has led to an increase in sports participation among the population. This has also increased the demand for athletic footwear designed for these activities. The government of Saudi Arabia has been investing heavily in the sports sector, promoting physical activity, and encouraging a healthy lifestyle among the population. This has led to the growth of the sports industry and an increase in the demand for athletic footwear. There are few categories that are experiencing significant growth in Saudi Arabia for Athletic foot wear market: running , tanning and walking shoes are booming in the Saudi Arabia market due to their increase in focus of health fitness, rise of althleisure, growing youth population, increase in sports participation and technological advancement. It also booming the Aerobic and gym wear shoes according to the factors , Saudi Arabia is experiencing a rise in the number of gyms and fitness centres, particularly for women. This has led to an increase in demand for gym wear shoes that are specifically designed for activities such as aerobics, dance, and weightlifting. And The athleisure trend has also contributed to the growth of gym wear shoes. Now days Many people wear athletic clothing and footwear as part of their daily attire, and gym wear shoes are comfortable and versatile, making them ideal for everyday wear. There are several new start-ups in the athletic footwear market in Saudi Arabia, including The Athlete's Foot, Nasher Studio, Lomar, Fursan, and Shift Kicks. These start-ups are offering a variety of athletic footwear options for men, women, and children, including handmade leather sneakers, customizable sneakers, and a range of stylish and comfortable athletic shoes. The Athlete's Foot is a Saudi Arabian start up that offers a wide range of athletic footwear for different sports. It also offers apparel and accessories for athletes. Nasher Studio is a Jeddah-based start-up that specializes in handmade leather sneakers for men and women. Its sneakers are designed to be comfortable and stylish, and they are made using high-quality leather and materials. Lomar is a Saudi Arabian start up that offers a range of athletic footwear for men, women, and children. Its shoes are designed to be comfortable and durable, and they come in a variety of styles and colours. Fursan is a Riyadh-based start-up that offers a range of athletic footwear for men and women. Its shoes are designed to be stylish and comfortable, and they come in a variety of colours and materials. Shift Kicks is a Saudi Arabian start up that specializes in customizable sneakers. Customers can choose from a range of colours, materials, and designs to create their own unique pair of sneakers. Considered in this report • Geography: Saudi Arabia • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Saudi Arabia Athletic Footwear market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product type • Running Shoes, Training and Walking Shoes • Sports Shoes • Aerobic and gym wear shoes • Trekking & Hiking Shoes • Others (cross-training shoes, walking shoes, dance shoes, etc.) By Sports Footwear Type • Tennis Shoes • Soccer Shoes • Basketball Shoes • Cricket Shoes • Others By End user • Male • Female • Kids By distribution channel • Hypermarkets/Supermarkets • Specialty Stores • Brand Outlets • Online Channels • Others (General retail, B2B, etc.) The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Sports Athletic Foot wear industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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