Sports apparel, often known as sportswear or activewear, is clothing worn for sport or physical activity. Most sports and physical activities need the use of sport-specific apparel for practical, comfort, or safety reasons. Tracksuits, shorts, T-shirts, and polo shirts are examples of typical sport-specific clothing. Swimsuits (for swimming), wet suits (for diving or surfing), ski suits (for skiing), and leotards are examples of specialised clothing (for gymnastics). Trainers, football boots, riding boots, and ice skates are examples of sports footwear. Sportswear is also worn as casual fashion attire at times. The Indian sports clothing market has been around for many decades. People are seeking for the greatest selection from the numerous accessible brands as the economy and money grow. As a result, the athletic goods business is always expanding in response to product demand. Overall, the sports clothing sector in India offers enormous commercial potential, particularly in the categories of marketing, management/sponsorship, and sports apparel selling and exporting.
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India Sports Apparel Market Overview:
The worldwide India Sports Apparel market Research Report 2021-2027 is a specialist and in-depth examination of the India Sports Apparel industry, with an emphasis on the market trend. Furthermore, the competitive analysis regarding various parameters in a specific direct competition, and indirect competition, the strengths and weaknesses of major competitors, the price, a revenue, the gross profit margin, an interview record, a business distribution, entry barriers, and opportunity windows are provided within the report back to help the buyer better understand the competitors.
India Sports Apparel Market Material was valued at USD 579.47 Million in 2021, and it is expected to reach USD 2238.13 Million by 2029, exhibiting a CAGR of 16.2% during the forecast period (2022-2029)
India Sports Apparel Market Scope:
The “India Sports Apparel Market” research examines major industry elements such as advancement, segmentation, growth prospects, opportunities, challenges, and competitive analysis. For the period 2021-2027, the segmental study focuses on revenue and forecast by region, kind, and application. This research examines the market size, development status, and prognosis, as well as a company profile. It also gives facts on the competitive environment as well as statistics from the top significant companies.
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India Sports Apparel Market Segmentation:
Based on Product Type, the market is segmented into track pants & tights, sports vests, T-shirts, sweatshirts, and others. Because of the general public's choice, sports t-shirts are expected to dominate the market during the forecast period. T-shirts are popular among the general public due to the amount of comfort they give. Moreover, morning joggers and elite athletes both choose track pants. The total market is being driven by increased health-consciousness among the populace. Till a few years, Indians were not conscious of the kind of sports shoes or apparel they wear for various activities like running, walking, playing tennis, etc. However, now-adays consumers are becoming aware of these specialized products and are buying these over the regular ones.
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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India Sports Apparel Market data includes company profiles, product images and specifications, capacity, production, price, cost, revenue, and contact information. Upstream raw materials and instruments, as well as downstream demand assessments, are also provided. India Sports Apparel market development patterns and marketing methods are investigated. Finally, the viability of the most recent investment proposals is evaluated, and overall analytical findings are provided.
Regional Analysis:
The study report is divided into groups based on region, manufacturer, type, and application. Each category offers production data for the anticipated period of 2021 to 2027. The consumption by Application section is also provided for the predicted period of 2021 to 2027. Understanding the categories aids in determining the significance of various elements that contribute to market growth.
COVID-19 Impact Analysis on India Sports Apparel Market:
Our ongoing research broadens our research methods to address core COVID-19 problems as well as prospective future steps. The study sheds light on COVID-19 by taking into consideration changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of modern market forces, and significant government efforts. The updated research includes insights, analysis, estimates, and predictions based on COVID-19's market impact.
Key Questions Answered in the India Sports Apparel Market Report are:
What will be the CAGR of the India Sports Apparel market during the forecast period (2021-2027)?
Which segment emerged as the leading segment in the India Sports Apparel market?
Which are the main players in the India Sports Apparel market?
What key trends are likely to emerge in the India Sports Apparel market in the coming years?
What will be the India Sports Apparel market size by 2027?
Which company held the largest share in the India Sports Apparel market?
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