Indian sportswear market has been stupendously growing for the past few years on the back of factors, such as increasing purchasing power, changing lifestyle patterns, increasing trend of nuclear families, and the influence of western culture. Changing lifestyle and favorable demographics have also created growth-oriented environment, which has grabbed the attention of all major domestic and international sportswear players to capitalize on this highly lucrative market, says our new research report “ Sports Wear Market in India”. Total sportswear market is expected to reach to ` 1,159 Billion by 2014, growing at a CAGR of around 33% during 2010-2014.
Our report identifies that; the Indian sportswear market will be dominated by men’s sportswear section, which constitutes around 70% of the total sportswear market. Our research foresees a change in the consumption trend, which is expected to shift towards the women’s segment. Moreover, rise of female consumerism in India is fuelling the strong growth of women sportswear market, which is projected to grow at a faster rate than the male sportswear market during the forecast period.
However, presently, rising presence of online retailing is driving the Indian sportswear industry. Rise of online sales has brought tremendous opportunities as well as challenges to the retail and commercial businesses in India. A growing number of sportswear companies in India are now leveraging on the Internet platform as a doorway to diversify their sales and marketing channels.
Besides, we have done thorough research and prudent analysis of some critical factors acting as a catalyst for the industry’s current and future growth outlook. The report also discusses the market structure, current, and past market performance of the industry. Additionally, the report provides intensive detail analysis of various segments under the sportswear market.
“ Sports Wear Market in India” also provides information of the key competitors in the market along with their business information and areas of expertise. The report shows a highly concentrated structure of the market, with the top players dominating the market. It provides segment level analysis of the industry along with emerging trends that may shape up with the betterment of economic conditions. The research will help consultants, industry analysts, and vendors to get an in-depth knowledge of the current, past, and future performance of the industry. The report provides an extensive research on the market attractions of the Indian sportswear market along with impartial analysis considering the impact of financial crisis on its performance.
For more information visit: http://www.rncos.com/Report/IM235.htm |
