Indonesia Sports Equipment industry has grown in the last five years owing to the rising consumer awareness about health and the rising sports popularity: Ken Research

As a kind of active and passive entertainment, sports have gained popularity. Sportswear has seen an increase in consumer expenditure, with athleisure apparel and accessories accounting for a higher portion of the cost.

Rising Consumer Interests in Sports: The booming enthusiasm for country-level and international tournaments has been gaining tremendous followers worldwide and led to a large number of athlete admissions every year, which, therefore, propelled the demand of associated businesses, including sports equipment. The prominence of sports activities, especially ball sports, owing to health and wellness trends, the increasing influence of social media, and celebrity endorsement has been encouraging consumers to buy various types of sports equipment.

Design flaws and Quality issues: The production of sports equipment in Indonesia is a complex process that requires meticulous planning, as well as technical know-how to reduce lead and order times. Many companies underestimate this effort, and as a result, the mass-produced sports equipment ends up with design flaws, quality issues, or unnecessary product development costs. Moreover, complications commonly arise if clients have no local presence in Indonesia because they can't physically assess the suppliers and make sure they follow the project timeframe. Thus, disrupted supply chains. Furthermore, quality issues in sports equipment can lead to accidents and injuries, therefore strict quality control is crucial in this industry and proper product testing is required to assess potential hazards.

COVID-19 Impact on Indonesia Sports Equipment: The Indonesian sports equipment market's expansion was hampered by the coronavirus epidemic, which also constrained the sector's growth. Prior to the pandemic, the market for sports equipment in Indonesia was growing, but because of the lockdown, it faced several difficulties. The industry is now prospering. The market's expanding growth potential have increased the sector's chances of expansion. The industry has been developing more quickly, and it will continue to expand across the nation.

Analysts at Ken Research in their latest publication "Indonesia Sports Equipment Market Outlook to 2027F - by Distribution Channel (Offline, Online) Sports Type (Bike, Outdoor, Tennis, Other Racket Sports, Running, Fitness, Football/Soccer and Other Team Sports)." observed that Indonesia Sports Equipment market is expected to showcase considerable growth in the coming five years. It is anticipated to grow more quickly in the next years owing to the growing consumer awareness about the health, rising sports popularity and growing disposable incomes. The Sports Equipment market in Indonesia is expected to grow at ~% CAGR over the forecasted period 2022-2027F.

Key Segments Covered in the report

By Sports Type

Bike
Outdoor
Tennis
Other Racket Sports
Running
Fitness
Football/Soccer
Other Team Sports

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By Distribution Channels

Online
Offline

By Product

Ball over net games
Ball games
Strength Equipment
Athletic training equipment
Others

Key Target Audience

Existing Sport Equipment Manufacturers in Indonesia
Sports Companies aiming to establish in Indonesia
Sports Equipment Industries
Government Bodies & Regulating Authorities
Online Game Industry
E-Sports industry
E-Sports users
Industry Associations

Time Period Captured in the Report:

Historical Period: 2017-2022P
Base Period: 2022P
Forecast Period: 2022P-2027F

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Companies Covered:

Adidas
Puma
Amer soprts
Under armour
New Balance
Nike,Inc
Reebok International Ltd
V.F. Corporation
Everlast worldwide, Inc
Wilson Sporting Goods
Fila, Inc

Key Topics Covered in the Report

Indonesia Sports Equipment Market Overview
Indonesia Sports Equipment Market Segmentation
Ecosystem and Business Cycle of Indonesia Sports Equipment Market
Market Share of Major Players in Indonesia Sports Equipment Market
Competition Scenario of Indonesia Sports Equipment Market
Industry Analysis of Indonesia Sports Equipment Market
Value Chain of Indonesia Sports Equipment Market
Key Challenges of Indonesia Sports Equipment Market
End User Analysis of Indonesia Sports Equipment Market
Key Growth Drivers in Indonesia Sports Equipment Market
SWOT Analysis of Indonesia Sports Equipment Industry
Future Outlook of Indonesia Sports Equipment Market
Trends and Development of Indonesia Sports Equipment Market
Analyst Recommendations
Research Methodology

For more insights on the market intelligence, refer to below link:-

https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/indonesia-sports-equipment-market-outlook-to-2027/596304-95.html

Related Reports by Ken Research: -

https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/us-sports-equipment-industry-research-report/391-95.html

https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/india-fantasy-sports-market-outlook-to-2027/596145-95.html

https://www.kenresearch.com/consumer-products-and-retail/sporting-equipments/global-water-sports-equipment-market/149592-95.html

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.