Maximize Market Research has recently released an intelligence report titled “India Sports Apparel Market” which encompasses Manufacturers, Regions, Types, Applications, and Forecast until 2029. This report is the result of exhaustive primary and secondary research, providing a comprehensive analysis of the India Sports Apparel market. It delves deep into the examination of insights related to the India Sports Apparel market, taking into account its constantly evolving patterns, the industry environment, and all the significant aspects that influence the market.
Anticipated Revenue Growth:
India Sports Apparel Market was valued at USD 673.34 Million in 2022, and it is expected to reach USD 1926.10 Million by 2029, exhibiting a CAGR of 16.2% during the forecast period (2023-2029)
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India Sports Apparel Market Scope
The India Sports Apparel Market report provides readers with crucial statistics and analytical insights, offering a comprehensive understanding of various aspects. This includes market size, market share, growth trends, demand dynamics, key players, industry overview, opportunities, value cycles, end-users, technologies, types, and applications.
Furthermore, the report explores micro-market opportunities, enabling stakeholders to make well-informed investment decisions. It also conducts a thorough examination of the competitive landscape and the product portfolios of major players in the India Sports Apparel market.
By presenting both qualitative and quantitative data, the India Sports Apparel market report allows decision-makers to identify market segments and regions with potential for higher growth rates. The report also assesses the competitive scenario among key industry players and highlights emerging trends within the India Sports Apparel market.
Maximize Market Research’s reports include a PESTLE analysis, which assists clients in shaping their business strategies. This analysis covers political factors such as taxation, environmental regulations, and tariffs, all of which governments consider when influencing the India Sports Apparel market. Economic factors, including interest rates, exchange rates, inflation, wage rates, and minimum wages, are thoroughly examined to understand their impact on economic performance, which in turn affects the India Sports Apparel market. Legal factors are also addressed to unravel the effects of environmental considerations on the India Sports Apparel market.
India Sports Apparel Market Segmentation:
India Sports Apparel Market Size, by Product Type (2022-2029)
• Top Wear
o Jackets
o Tops & T-shirts
o Polos
o Fleece
o Sweatshirts & Hoodies
o Sports Vests
• Bottom Wear
o Pants
o Shorts
o Ski Pants / Sweatpants & Joggers
o Base Layer & Underwear
The market is divided into top wear and bottom wear based on Product Type. Top wear are anticipated to rule the market during the projection period due to consumer preference. T-shirts are well-liked by the general people because of how comfortable they are. Furthermore, both early-morning joggers and professional athletes favour track trousers. Growing public health consciousness is driving the market as a whole. Before a few years ago, Indians were unaware of the kind of athletic footwear or clothing they wore for different activities like running, walking, playing tennis, etc. However, customers are becoming more aware of these specialised items today, and they are choosing to purchase them instead of the standard ones.
India Sports Apparel Market Size, by End-Users (2022-2029)
• Women
• Men
• Kids
The market is divided into categories for women, men, and children based on end-user. The market in India for men’s sportswear is the largest and is consistently growing, followed by the market for women, and a small amount is absorbed by the children’s sector. The Indian sportswear market is dominated by men’s apparel, then women’s clothing, and lastly children’s clothes. Due to shifting cultural norms and women’s participation in sports like marathons, badminton, cricket, and other fitness pursuits, women’s sportswear is the segment of the sportswear market that is expanding at the quickest rate. Previously, the majority of Indian sportswear was made for men. But in recent years, this has changed as a result of pay rises, lifestyle modifications, and an emphasis on welfare and health. Additionally to men’s clothing
India Sports Apparel Market Size, by Fabric (2022-2029)
• Polyster
• Nylon
• Cotton
• Others
India Sports Apparel Market Size, by Distribution Channel (2022-2029)
• Online
• Offline
o Speciality Store
o Retails
o Others
Online and offline market segments are created based on the distribution channel. Due to the rise in the number of well-known athletic brands operating globally, which is growing the number of physical stores, it is anticipated that the offline segment would dominate the market. Retail stores would benefit from a significant increase in the number of customers who wish to avoid mismatches, shipping delays, and difficulties with returns and replacements. The offline segment’s growth is predicted to increase as a result. E-commerce businesses are also becoming more popular as a result of the fact that most individuals today work long hours and prefer to save time by making purchases online. The sector has been forced to adapt to athletes’ needs as a result of digitization, which has helped to spread knowledge about these businesses. This industry has good performance.
India Sports Apparel Market Regional Analysis:
This growth can be largely attributed to government initiatives and regulatory actions within the sector, which are driving advancements in the India Sports Apparel Market in this particular region. The India Sports Apparel market report not only covers the geographical landscape of the market but also provides insights into its size and share. Additionally, it conducts a thorough exploration of the business network structure, highlights available opportunities, and presents recent news updates relevant to the industry.
India Sports Apparel Market Key Players include:
1. Adidas India Marketing Private Limited 2. Ralph Lauren Corporation 3. Puma Sports India Private Limited 4. Nike India Private Limited 5. Under Armour India Trading Private Limited 6. ASICS India Private Limited 7. Decathlon Sports India Pvt Ltd. 8. Shiv-Naresh Sports Private Limited 9. Skechers Retail India Private Limited 10. Cosco Sports 11. Nivia 12. Tyka 13. Sareen Sports 14. Alcis Sports 15. HRX
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Table of Content: India Sports Apparel Market
Part 01: Executive Summary
Part 02: Scope of the India Sports Apparel Market Report
Part 03: India Sports Apparel Market Landscape
Part 04: India Sports Apparel Market Sizing
Part 05: India Sports Apparel Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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