GCC Sport Footwear Market Outlook (2018 to 2032)

Year Value
2018 2.98
2019 3.19
2020 3.42
2021 3.7
2022 4.03
2023 4.42
2024 4.84
2025 5.28
2026 5.74
2027 6.23
2028 6.76
2029 7.32
2030 7.9
2031 8.51
2032 9.16
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GCC Sport Footwear Market Outlook (2018 to 2032)

Synopsis
The above chart is GCC Sport Footwear Market Outlook (2018 to 2032)

Market Dynamics

Gcc sport footwear market is anticipated to be driven by a variety of factors, including an increasing demand for trendy yet comfortable shoes, rising health consciousness, increasing investments in sports activities, and steady economic growth in the region. the market in the gcc region is projected to reach usd 8.02 billion by 2032. in terms of product type, the market is segmented into running, basketball, tennis, football, and other sport shoes. the report states that basketball shoes are projected to account for around 41.78% of the market in terms of revenue by 2032, due to the increasing popularity of basketball in the region. in terms of end user, the demand for sport shoes is being driven by the increasing number of youth participating in various sports activities. the gender of the end user is also expected to play a major role in the growth of the market, with men comprising the majority of the market share.in terms of distribution channels, the market is divided into specialty stores, department stores, online stores, and other distribution channels. the report states that online stores are expected to hold the largest market share in terms of revenue by 2032, due to the convenience of buying a variety of options online. in terms of countries in the region, the market is mainly driven by the high demand in countries such as saudi arabia, the uae, kuwait, qatar, and bahrain. the report states that saudi arabia is expected to dominate the market in terms of revenue, due to the growing popularity of professional and casual sports in the country. overall, the gcc sport footwear market is expected to witness robust growth over the forecast period, due to the increasing popularity of sports, rising health consciousness, economic growth, and changing trends. furthermore, the market is expected to offer numerous opportunities for players in the segment, due to the growing demand for stylish, yet comfortable shoes.

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