India Sports Apparel Market Boasts Remarkable Growth with a Valuation of USD 579.47 Million in 2021, Expected to Reach USD 2238.13 Million by 2029

India Sports Apparel Market Report Scope and Research Methodology

Market Scope:

The India Sports Apparel Market report offers an in-depth analysis of market trends, covering crucial aspects such as market drivers, restraints, opportunities, and challenges. The report provides valuable insights to stakeholders, presenting a comprehensive view of the industry's historical and current state, along with future market size projections and trends. The research employs a detailed examination of key market players, including established leaders, emerging contenders, and new entrants.

Research Methodology:

The report's insights are backed by a robust research methodology, combining both secondary and primary research. Data from sources like press releases, annual reports, government websites, and market research papers contribute to the comprehensive analysis. The primary research phase validates and enhances the secondary research findings, employing methods such as bottom-up market sizing to provide accurate and granular data.

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What are India Sports Apparel Market Dynamics:

The India Sports Apparel Market is undergoing transformation driven by several factors:

Rising Online Sales: The convenience of online shopping, coupled with increasing health awareness, has fueled the growth of online sportswear sales. Major e-commerce platforms have reported growing demand for fitness apparel, indicating a shift towards online purchasing.

Social Media Influence: Social media's impact on consumer behavior has opened new avenues for brands to connect with their audience. The integration of social commerce and digital ecosystems has provided innovative ways for brands to engage and sell to consumers.

Changing Consumer Preferences: A growing fitness consciousness in India has led to a surge in demand for sportswear. As individuals embrace healthier lifestyles, they seek specialized sportswear for various activities, driving demand for functional and stylish options.

Rising Indian and International Manufacturers: The market is witnessing the emergence of domestic brands that cater to the diverse preferences of Indian consumers. These brands are leveraging pricing strategies and quality offerings to capture market share.

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India Sports Apparel Market Regional Insights:

The Indian sports apparel market's regional landscape is marked by impressive growth and evolving trends. With a projected market valuation of USD 2238.13 million by 2029, this market demonstrates the country's increasing appetite for sportswear. Government investments in sports, changing consumer behaviors, and the prevalence of fitness-focused lifestyles contribute to the market's expansion.

What is India Sports Apparel Market Segmentation:

India Sports Apparel Market Size, by Product Type

• 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 based on product type. Sports t-shirts are anticipated to rule the market during the forecast 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

• 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.

India Sports Apparel Market Size, by Distribution Channel

• Online
• Offline

The market is divided into online and offline segments based on the distribution channel. Due to the rising number of well-known athletic brands operating across the globe, which is growing the number of physical stores, the offline sector is anticipated to dominate the market. The usage of retail stores would also be enhanced by the large number of customers who wish to avoid mismatches, shipping delays, and difficulties with returns and replacements. This is expected to accelerate the offline segment's growth even further. Similar to this, e-commerce businesses are becoming more and more well-known because most individuals work long hours these days and want to save time by making purchases online. Digitization has made it easier for the market to share information about these businesses and has forced them to adapt to the needs of athletes.

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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
• Alcis Sports
• Piranha
• Vector X
• HRX

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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

1.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

Global India Sports Apparel Market Segmentation
Global Market, by Product Type(2022-2029)
Global Market, by End-Users(2022-2029)
Global Market, by Distribution Channel(2022-2029)

Regional India Sports Apparel Market (2022-2029)
Regional Market, by Product Type(2022-2029)
Regional Market, by End-Users(2022-2029)
Regional Market, by Distribution Channel (2022-2029)
Regional Market, by Country (2022-2029)

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

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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 Type , Technology and End-User
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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