The athletics equipment market size in the UAE stood at $212.72 million in 2023, demonstrating a consistent upward trend over the last decade. The year-on-year variations indicate both periods of growth and slight decline, with a notable dip in 2015 followed by a robust recovery in 2016. Over the past two years, the market has shown steady growth, albeit at a slower pace, with year-on-year increases of 0.92% in 2022 and 0.9% in 2023. The compound annual growth rate (CAGR) from 2019 to 2023 was 0.9%, suggesting moderate but stable growth.
Future trends to watch for include:
- Technological advancements in athletic equipment enhancing performance and safety.
- Increasing interest and investment in sports and fitness driven by health consciousness.
- Potential market expansion due to the UAE’s growing sports tourism and international sporting events.
- Sustainability trends pushing demand for eco-friendly athletic equipment.
Looking ahead, the market is forecast to grow at a 5-year CAGR of 0.65%, reaching $221.64 million by 2028, indicating a gradual yet stable market expansion.
