India Sportswear Market Overview
India Sportswear Market report thoroughly covers the market by product types, demographics, and distribution channels. The India sportswear market outlook report provides an unbiased and detailed analysis of the India sportswear market trends, opportunities high growth areas, and market drivers which would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
India Sportswear Market has registered a significant growth over the last five years owing to the increase in the share of the urban population along with the rising disposable personal income of people. Growing economic standards, changing lifestyles and increasing awareness about fitness is leading to an increase in sales of sportswear. Moreover, the rise in the number of people using e-commerce has led to a further increase in demand for the India sportswear market. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall India Sportswear market growth. Surging disposable income coupled with increasing awareness regarding health and wellness is driving the growth of the market. Moreover, the introduction of unique and innovative products by the manufacturers in the market is adding to the India Sportswear market share.
According to 6Wresearch, India Sportswear Market size is projected to grow at a CAGR of 4.7% during 2020-2026. The India sportswear market has registered a decline in demand during 2020 on account of the outbreak of COVID-19 which has led to the lockdown in the country. However, increasing awareness of health and a surge in the online sportswear market along with recovery of economic conditions are anticipated in the sportswear market of India post-2020. The increase in online shopping during the pandemic has also had a positive effect on Sportswear Market in India.
Key Highlights of the Report
- India Sportswear Market Overview
- India Sportswear Market Outlook
- India Sportswear Market Forecast
- India Sportswear Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- India Sportswear Market Share, By Players
- Company Profiles
- Key Strategic Recommendations
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