India Sports Apparel Market Overview :
The total global market for the India Sports Apparel Market was valued at USD in 2023 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2030. The report analyzed by Maximize Market Research, on the India Sports Apparel market, covers an extensive regional analysis and competitive landscape.
India Sports Apparel Market Report Scope and Research Methodology :
The portfolio, technology adoption, financial standing, merger and acquisition, joint ventures and strategic alliances are involved in the competitive environment for the India Sports Apparel market. The report is an in-depth analysis of the India Sports Apparel market provided with key findings including Pricing, investments, expansion plans, and physical presence in the India Sports Apparel market. The bottom-up approach was used to understand the India Sports Apparel market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities and challenges of the India Sports Apparel market.
The research methodology involves gathering data from interviews, surveys, and secondary sources that can be trusted. The report looks into market tendencies, motivators, difficulties as well as chances while offering views on the competitive landscape. It covers various aspects of market dynamics such as drivers, restraints, challenges, opportunities, etc.
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India Sports Apparel Market Regional Insights :
Regional analysis is conducted to assess the status of the India Sports Apparel market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The India Sports Apparel market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
India Sports Apparel Market Segmentation :
by Product Type
Top Wear
Jackets
Tops & T-shirts
Polos
Fleece
Sweatshirts & Hoodies
Sports Vests
Bottom Wear
Pants
Shorts
Ski Pants / Sweatpants & Joggers
Base Layer & Underwear
The market is divided into top wear and bottom wear segments based on the product type. Top wear is anticipated to dominate the market over the forecast period due to consumer preference. The general public loves t-shirts because of how comfortable they are. In addition, both professional athletes and early morning joggers use track pants. Growing public health consciousness is driving the market as a whole. Indians were unaware, until recently, of the type of sports shoes or clothes they should be wearing for different types of physical activities, such as walking, tennis, jogging, etc. But nowadays, customers are choosing to purchase these specialist goods over generic ones as they become more aware of them.
by End-Users
Women
Men
Kids
The market is divided into three segments based on End-User: women, men, and children. Men's sportswear makes up the most of this market in India, which is expanding gradually. Women's sportswear follows, with children's sportswear taking up a small fraction. The sportswear market in India is dominated by men's clothes, then women's clothes, and lastly children's clothes. Due to shifting customs and women's participation in sports like marathons, badminton, cricket, and other physical activities, women's sportswear is the category of sportswear that is expanding the fastest out of all of them. In the past, the majority of Indian sportswear was made for men. But in light of rising wages, shifting lifestyles, and an emphasis on wellness and health, this has changed recently. Not only apparel for men, but also
by Fabric
Polyster
Nylon
Cotton
Others
by Distribution Channel
Online
Offline
Speciality Store
Retails
Others
The market is divided into online and offline segments based on the distribution channel. The growing number of well-known athletic brands worldwide is driving up the number of physical shops, which is why the offline segment is predicted to lead the industry. Retail stores would be used more frequently if a large number of customers wanted to avoid mismatches, shipping delays, and issues with returns and replacements. It is predicted that this would accelerate the offline segment's growth even further. In a similar vein, e-commerce businesses are becoming more and more well-known as more people want to shop online in order to save time after working long hours. Digitization has forced the sector to satisfy athlete standards while also helping to spread information about these companies. This industry is doing nicely.
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India Sports Apparel Market Key Players :
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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Key questions answered in the India Sports Apparel Market are:
- What is India Sports Apparel ?
- What was the India Sports Apparel Market size in 2023?
- What are the upcoming opportunities and trends for the India Sports Apparel Market ?
- What are the different segments of the India Sports Apparel Market ?
- Which are the factors expected to drive the India Sports Apparel Market growth?
- What growth strategies are the players considering to increase their presence in India Sports Apparel ?
- Who are the leading companies and what are their portfolios in India Sports Apparel Market ?
- Who are the key players in the India Sports Apparel Market?
- What is the CAGR at which the India Sports Apparel Market will grow during the forecast period?
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Key Offerings :
- Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective
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