India Sports Apparel Market Worth USD 579.47 Million in 2021, Projected to Reach USD 2238.13 Million by 2029

India Sports Apparel Market Report Scope and Research Methodology

Report Scope:

The India Sports Apparel Market Report offers an in-depth examination of the current and future landscape of the market. This comprehensive study combines primary and secondary research to provide insights into market trends, drivers, restraints, opportunities, and challenges. The report aims to provide stakeholders with a holistic view of the India Sports Apparel Market, analyzing intricate data in a simplified manner to present historical, current, and forecasted market size and trends. The research covers various facets of the industry, including a detailed analysis of market leaders, followers, and emerging players. The study employs frameworks such as Porter's Five Forces and PESTLE analysis to shed light on competition, market dynamics, and external influences.

Research Methodology:

The research employs a combination of secondary and primary research to gather qualitative and quantitative data. Secondary sources include press releases, annual reports, government websites, and market research papers, while paid databases such as Reuters, Bloomberg, and Hoovers provide quantitative and qualitative data. Primary research validates and enhances the secondary findings, enabling a comprehensive understanding of market dynamics. The study uses both macro and micro perspectives to accurately determine market size through a bottom-up approach, ensuring precise data and more granular insights.

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Global India Sports Apparel Market Overview:

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What are India Sports Apparel Market Dynamics?

Drivers

Increasing Online Sales: Growing preference for online shopping and convenience fuels the demand for sports apparel.
Impact of Social Media: The influence of social media and digital ecosystems amplifies consumer engagement and sales.
Changing Fitness Landscape: Rising health-consciousness and evolving lifestyle choices drive demand for sportswear in India.
Emergence of Domestic Brands: Indigenous sportswear brands cater to changing market preferences and offer competitive pricing.

Restraints:

Economic Uncertainties: The market may face challenges due to economic uncertainties and fluctuations.
Competition from Fast Fashion: Competing with fast fashion brands for consumer attention and market share could be a hurdle.

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What is India Sports Apparel Market Segmentation?

India Sports Apparel Market Size, by Product Type (2021-2029)

• Track Pants & Tights
• Sports Vests
• T-shirts
• Sweatshirts
• Others

The market is divided into track pants and tights, sports vests, T-shirts, sweatshirts and others. Sports t-shirts are likely to dominate the market during the forecast period due to consumer preference. T-shirts are popular among the general public due to their level of comfort. Furthermore, both early joggers and professional sportsmen wear track trousers. Increased health-consciousness among the public is driving the overall industry. Until recently, Indians were unaware of the type of sports shoes or clothes they wore for activities such as running, strolling, and playing tennis. However, customers are becoming more aware of these specialised items and preferring them over standard ones.

India Sports Apparel Market Size, by End-Users (2021-2029)

• Women
• Men
• Kids

The market is divided into three segments based on End-User: women, men, and children. Sportswear for men accounts for the majority of this market in India, which is continuously growing, followed by the market for women, and the children's sector accounts for a little fraction. Men's clothing dominates the Indian sportswear market, followed by women's clothing and then children's clothes. Due to changing customs and women's participation in sports such as marathons, badminton, cricket, and other fitness activities, women's sportswear is the fastest-growing segment of all sportswear. Men's clothing once accounted for the majority of Indian sportswear. However, this has shifted in recent years as a result of pay rises, lifestyle changes, and a renewed emphasis on wellbeing and health. Not only do we sell men's apparel, but we also sell women's clothing.

India Sports Apparel Market Size, by Distribution Channel (2021-2029)

• Online
• Offline

The market is divided into online and offline distribution channels. Because of the growing number of famous athletic brands internationally, which is increasing the number of physical stores, the offline segment is likely to lead the market. Furthermore, a large number of consumers who wish to avoid mismatches, shipment delays, and return and replacement problems would increase their use of retail establishments. This is expected to accelerate the expansion of the offline segment even more. Similarly, e-commerce companies are gaining in popularity because most people nowadays work long hours and prefer to save time by purchasing online. Digitization has benefited the sector in sharing information about such businesses and has forced it to fulfil the needs of athletes. This industry is doing nicely.

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Who are India Sports Apparel Market Key Players?

• Ralph Lauren Corporation
• Umbro Ltd.
• Lululemon Athletica Incorporation
• New Balance Athletic Shoe, Inc.
• Columbia Sportswear Company
• Puma Sports India Private Limited
• Adidas India Marketing Private Limited
• Nike India Private Limited
• Under Armour India Trading Private Limited
• ASICS India Private Limited
• Fila Holdings Corporation
• Lotto Sport Italia Spa
• Decathlon Sports India Pvt Ltd.
• Shiv-Naresh Sports Private Limited
• Skechers Retail India Private Limited
• Cosco Sports
• Nivia
• Tyka
• Sareen Sports
• Re-Design

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Table of content for the India Sports Apparel Market includes:

India Sports Apparel Market : Research Methodology

India Sports Apparel Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

India Sports Apparel Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

India Sports Apparel Market Segmentation
Global Market, by Product Type (2021-2029)
Global Market, by End-Users (2021-2029)
Global Market, by Distribution Channel (2021-2029)

Regional India Sports Apparel Market (2021-2029)
Regional Market, by Product Type (2021-2029)
Regional Market, by End-Users (2021-2029)
Regional Market, by Distribution Channel (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile : Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

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Regional Insights:

The Indian sports apparel market has witnessed remarkable growth, with revenues projected to surge from USD 579.47 million in 2021 to USD 2,238.13 million by 2029, at a substantial CAGR of 16.2%. A rising fitness culture, expanding government investments in sports, and a surge in online sales contribute to this robust growth. The apparel sector in India is set to flourish, benefiting from increasing awareness of health and wellness, evolving consumer preferences, and the influence of social media.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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