Saudi Arabia Sports Bars Market
Saudi Arabia Sports Bars Market, By Type of Sports Bar (Standalone Sports Bars, Sports Bars within Hotels, Casual Dining Restaurants with a Sports Bar Area); By Location (Major Cities (Riyadh, Jeddah, Dammam), Suburban Areas, Tourist Destinations); By Target Audience (Expatriates, Young Adults (aged 21–35 Years), Families); By Service Offerings (Food & Beverages, Entertainment, Additional Amenities), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: June 2024
- Report ID: BWC24434
- Available Format: PDF
- Page: 200
Report Overview
Rising sports viewership, increasing disposable income, Western lifestyle influences, growing tourism, and government initiatives promoting entertainment and leisure sectors are key driving factors of Saudi Arabia Sports Bars Market during the forecast period between 2024 and 2030.
Saudi Arabia Sports Bars Market – Industry Trends & Forecast Report, 2030
Saudi Arabia Sports Bars Market size by value was estimated at USD 175.23 million in 2023. During the forecast period between 2024 and 2030, the Saudi Arabia Sports Bars Market size is expected to expand at a CAGR of 6.19% reaching a value of USD 196.63 million by 2030. The growth of the Saudi Arabia Sports Bars Market is driven by rapid urbanization, rising disposable incomes, and a growing youth population with a heightened interest in sports. Government initiatives promoting tourism and entertainment, such as Vision 2030, have also spurred the expansion of the market. Additionally, the proliferation of international sporting events and the popularity of global sports leagues have created demand for venues offering live sports viewing experiences. The increasing number of expatriates and a shift towards Western leisure activities further contribute to the market's development. Enhanced hospitality infrastructure and evolving consumer preferences for social dining experiences are also key drivers.
Sports Bars – Overview
Sports bars are social hubs where patrons gather to watch sporting events on big screens while enjoying food and drinks. These establishments typically feature a lively atmosphere, with cheering fans, sports memorabilia, and themed decor. They offer a variety of beverages, including beer on tap and cocktails, along with classic bar food like burgers, wings, and nachos. Many sports bars also host special events, such as game-day promotions, trivia nights, and fantasy league meetups, fostering a sense of community among sports enthusiasts. Whether for catching the game or socializing with friends, sports bars provide an immersive experience for fans of all ages.
Saudi Arabia Sports Bars Market
Growth Drivers
Broadening Sports Fanbase Fueling Market Growth
The burgeoning sports fanbase in Saudi Arabia, driven by heightened interest in football and major sports events, is significantly propelling the growth of the Sports Bars Market in the Kingdom. The Saudi Government’s supportive initiatives to diversify the economy, including investments in sports infrastructure and hosting international tournaments, have spurred public enthusiasm for sports. Consequently, the demand for venues offering vibrant viewing experiences, such as sports bars, has surged. The trend is amplified by a growing youth population eager for social and recreational activities, further cementing the sports bar industry's expansion across the Kingdom.
Challenges
Capital Cultural and Religious Factors
Saudi Arabian Sports Bars Market faces significant growth restraint due to the Kingdom's deeply ingrained cultural and religious norms. Predominantly Islamic, Saudi society adheres to Sharia law, which prohibits alcohol consumption and promotes conservative social behaviors. These restrictions limit the appeal and functionality of sports bars, traditionally associated with alcohol and social gatherings. Additionally, public entertainment venues must navigate stringent regulations and social expectations, further challenging the development of a thriving sports bar market. Despite recent reforms aimed at modernization, these cultural and religious factors may continue to impede the market growth.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Sports Bars Market
Escalating geopolitical tensions, such as conflicts in the Middle East and strained United States-Saudi relations, significantly impact the Saudi Arabia Sports Bars Market. These tensions can lead to economic instability, reducing disposable income and discretionary spending among potential patrons. For instance, the 2019 drone attacks on Saudi oil facilities caused a temporary surge in oil prices and economic uncertainty. Additionally, travel advisories and reduced foreign investments can result in fewer tourists, a key customer base for sports bars. The political climate may also affect international sports broadcasts, limiting content availability. However, government initiatives to diversify the economy through Vision 2030, including boosting tourism and entertainment sectors, may help mitigate some negative impacts.
Saudi Arabia Sports Bars Market
Segmental Coverage
Saudi Arabia Sports Bars Market – By Type
On the basis of type, the Saudi Arabia Sports Bars Market is divided into Standalone Sports Bars, Sports Bars in Hotels, and Casual Dining Restaurants with Sports Bar Area segments. Casual dining restaurant with a sports bar area is the largest segment in the Saudi Arabia Sports Bars Market by type. Restaurants with a sports bar area offer a combination of dining and sports entertainment, providing a relaxed atmosphere for patrons to enjoy both food and sports events. The segment caters to a diverse audience, appealing to those seeking a social outing with friends or family while also keeping up with their favorite sports teams. With its versatile appeal and varied offerings, casual dining restaurants with sports bar areas hold a prominent position in the Saudi Arabia Sports Bar Market landscape.
Saudi Arabia Sports Bars Market – By Location
Based on location, Saudi Arabia Sports Bars Market is divided into Major cities (Riyadh, Jeddah, and Dammam), Suburban Areas, and Tourist Destinations segments. The major cities segment, specifically Riyadh, Jeddah, and Dammam, holds largest market share. These urban centers are the primary hubs for sports enthusiasts and expatriates, driving higher demand for sports bars. The concentration of wealth, larger populations, and more developed infrastructure in these cities contribute to their dominance in the market. Riyadh, as the capital and largest city, leads the segment, followed closely by Jeddah, a key commercial center, and Dammam, a significant city in the Eastern Province known for its vibrant expat community and thriving social scene.
Saudi Arabia Sports Bars Market – By Target Audience
Based on target audience, Saudi Arabia Sports Bars Market is divided into Expatriates, Young Adults (aged 21–35 years), and Families segments. Expatriates are the largest target audience in the Saudi Arabia Sports Bars Market. This demographic, comprising individuals living and working temporarily in the country, constitutes a significant portion of the market's clientele. Their diverse backgrounds and interests contribute to a vibrant atmosphere in sports bars. While young adults represent another key demographic, drawn to the social scene and entertainment options, families form a smaller yet notable segment, often seeking family-friendly environments. However, it is the expatriates segment that stands out for its size and influence in shaping the dynamics of the Saudi Arabia Sports Bars Market.
Saudi Arabia Sports Bars Market – By Service Offerings
Based on service offerings, Saudi Arabia Sports Bars Market is divided into Food & Beverages, Entertainment, and Additional Amenities segments. The food & beverage services segment holds the largest market share in the Saudi Arabia Sports Bars Market by service offerings. The segment encompasses the primary offerings of food and drinks, which are essential components of the sports bar experience. It includes a wide array of menu options ranging from appetizers to main courses, alongside a variety of beverages to cater to different preferences. The food & beverages segment plays a pivotal role in attracting patrons and ensuring their satisfaction, making it a cornerstone of success for sports bars in Saudi Arabia.
Competitive Landscape
Major players in the Saudi Arabia Sports Bars Market include Champions Sports Bar, Blue Ribbon Sports Bar & Grill, The Hub Sports Bar, Station 7 Sports Lounge, Buffalo Wings & Rings, The Score Sports Bar, Route 66 Sports Bar, Time Out Sports Café, Latitude 24 Sports Bar, and Players’ Lounge. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
By Value - USD Million |
Market Coverage |
Saudi Arabia |
Product/Service Segmentation |
Type of Sports Bar, Location, Target Audience, Service Offerings |
Key Players |
Champions Sports Bar, Blue Ribbon Sports Bar & Grill, The Hub Sports Bar, Station 7 Sports Lounge, Buffalo Wings & Rings, The Score Sports Bar, Route 66 Sports Bar, Time Out Sports Café, Latitude 24 Sports Bar, Players’ Lounge |
By Type Of Sports Bar
-
Standalone Sports Bars
-
Sports Bars within Hotels
-
Casual Dining Restaurants with a Sports Bar Area
By Location
-
Major Cities (Riyadh, Jeddah, Dammam)
-
Suburban Areas
-
Tourist Destinations
By Target Audience
-
Expatriates
-
Young Adults (Aged 21–35 Years)
-
Families
By Service Offerings
-
Food & Beverages
-
Entertainment
-
Additional Amenities
- Research Framework
- Research Objective
- Type of Sports Bar Overview
- Market Segmentation
- Executive Summary
- Saudi Arabia Sports Bars Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Youth Population
- Increasing Sports Fanbase
- Economic Diversification
- Restraints
- Capital Cultural and Religious Factors
- Limited Entertainment Options
- Opportunities
- Alcohol-Free Sports Bars
- Focus on Family-Friendly Environment
- E-Sports and Gaming
- Challenges
- Developing Regulations
- Competition from Existing Establishments
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Saudi Arabia Sports Bars Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Type of Sports Bar
- Standalone sports bars
- Sports bars within hotels
- Casual dining restaurants with a sports bar area
- By Location
- Major cities (Riyadh, Jeddah, Dammam)
- Suburban areas
- Tourist destinations
- By Target Audience
- Expatriates
- Young adults (21-35)
- Families
- By Service Offerings
- Food and Beverage
- Entertainment
- Additional Amenities
- By Type of Sports Bar
- Market Size & Forecast, 2019–2030
Competitive Landscape
-
- List of Key Players and Their Offerings
- Saudi Arabia Sports Bars Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Saudi Arabia Sports Bars Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Champions Sports Bar
- Blue Ribbon Sports Bar & Grill
- The Hub Sports Bar
- Station 7 Sports Lounge
- Buffalo Wings & Rings
- The Score Sports Bar
- Route 66 Sports Bar
- Time Out Sports Café
- Latitude 24 Sports Bar
- Players’ Lounge
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Saudi Arabia Sports Bars Segmentation
Figure 2 Saudi Arabia Sports Bars Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Saudi Arabia Sports Bars Market Size, By Value (USD Million), 2019–2030
Figure 5 Saudi Arabia Sports Bars Market Share, By Type of Sports Bar, By Value, 2019–2030
Figure 6 Saudi Arabia Sports Bars Market Share, By Location, By Value, 2019–2030
Figure 7 Saudi Arabia Sports Bars Market Share, By Target Audience, By Value, 2019–2030
Figure 7 Saudi Arabia Sports Bars Market Share, By Service Offerings, By Value, 2019–2030
List of Tables
Table 1 Saudi Arabia Sports Bars Market Size, By Value (USD Million), 2019–2030
Table 2 Saudi Arabia Sports Bars Market Size, By Type of Sports Bar, By Value, 2019–2030
Table 3 Saudi Arabia Sports Bars Market Size, By Location, By Value, 2019–2030
Table 4 Saudi Arabia Sports Bars Market Size, By Target Audience, By Value, 2019–2030
Table 5 Saudi Arabia Sports Bars Market Share, By Service Offerings, By Value, 2019–2030
Table 6 Champions Sports Bar Company Overview
Table 7 Champions Sports Bar Financial Overview
Table 8 Blue Ribbon Sports Bar & Grill Company Overview
Table 9 Blue Ribbon Sports Bar & Grill Financial Overview
Table 10 The Hub Sports Bar Company Overview
Table 11 The Hub Sports Bar Financial Overview
Table 12 Station 7 Sports Lounge Company Overview
Table 13 Station 7 Sports Lounge Financial Overview
Table 14 Buffalo Wings & Rings Company Overview
Table 15 Buffalo Wings & Rings Financial Overview
Table 16 The Score Sports Bar Company Overview
Table 17 The Score Sports Bar Financial Overview
Table 18 Route 66 Sports Bar Company Overview
Table 19 Route 66 Sports Bar Financial Overview
Table 20 Time Out Sports Café Company Overview
Table 21 Time Out Sports Café Financial Overview
Table 22 Latitude 24 Sports Bar Company Overview
Table 23 Latitude 24 Sports Bar Financial Overview
Table 24 Players’ Lounge Company Overview
Table 25 Players’ Lounge Financial Overview
Market Segmentation
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