India Running Gear Market To Reach US$ 3.4 Billion by 2028 | Growth Rate (CAGR) of 9.3%

According to the latest report by IMARC Group, titled "Indian Running Gear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the India running gear market size reached US$ 2.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028. Running gear refers to the equipment, and clothing runners use to enhance their performance and comfort during their workouts and races. It includes shoes, socks, shorts, shirts, jackets, hats, sunglasses, hydration belts, watches, and other accessories. It is made of various materials, including synthetic fabrics such as polyester, nylon, spandex, and elastane, as well as natural materials such as cotton and wool. In addition to fabrics, the running gear may incorporate other materials such as reflective materials for increased visibility in low light conditions, Gore-Tex for waterproofing, and anti-odor treatments to reduce unpleasant smells.

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Indian Running Gear Market Demand:

The market in India is majorly driven by the increasing popularity of running as a form of fitness. In line with this, the rising awareness of the benefits of exercise is significantly contributing to product sales worldwide. Furthermore, the growing demand for high-performance and comfortable running gear is positively influencing the market. Apart from this, the rapid adoption of a healthy lifestyle and inflating disposable incomes of individuals are catalyzing the market. Moreover, the key players are investing in R&D to develop innovative and sustainable running gear that meets the evolving needs of consumers. Additionally, the emerging trend of running marathons is expected to provide a boost to the market.

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Key Market Segmentation:

Breakup by Product:

• Running Footwear
• Running Apparel
• Running Accessories
• Fitness Trackers

Breakup by Gender:

• Male
• Female
• Unisex

Breakup by Distribution Channel:

• Specialty and Sports Shops
• Supermarkets and Hypermarkets
• Department and Discount Stores
• Online
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key highlights of the Report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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