Dublin, Dec. 20, 2024 (GLOBE NEWSWIRE) -- The "Sports and Fitness Goods Market in India" report has been added to ResearchAndMarkets.com's offering.
Despite the global sports goods market being highly competitive, India has made significant progress on this front.
At present, India is the third-largest manufacturer of sporting goods in Asia. India also exports a large variety of inflatable balls, general exercise equipment, cricket gear, sportswear, and more to over 200 countries, including the US, China, the UK, and Australia.
The rise of e-commerce has significantly impacted the sports equipment sector. With deeper internet penetration and higher smartphone usage, consumers are increasingly turning to online platforms to buy sports goods. This shift is facilitated by the entry of numerous sports-focused startups that cater to consumer needs through digital channels.
Market drivers:
- The growing demand for sports and fitness goods is largely driven by increased public and private investments in infrastructure.
- The government is upgrading and building new stadiums, parks, and health centres, while private developers are incorporating gyms, clubs, and sports areas into residential societies.
- Schools and colleges are also enhancing facilities with gyms, pools, and courts, boosting accessibility and fuelling the demand for sports and fitness products.
Key deterrents to the growth of the market:
- Inefficient distribution networks in rural and semi-urban areas pose significant challenges for sports equipment manufacturers, limiting market penetration and consumer reach.
- Poor logistics and infrastructure often delay product availability, impacting customer satisfaction and brand loyalty.
- To address these issues, manufacturers must innovate distribution strategies, such as adopting technology or collaborating with local distributors, to expand accessibility and strengthen their presence in underserved markets.
Key Topics Covered:
Chapter 1: Executive Summary
Chapter 2: Socio-Economic Indicators
Chapter 3: Introduction
3.1. Market Definition and Structure
Chapter 4: Market Overview
4.1 Sports and Fitness Goods Market in India - An Overview
4.2. Market Size and Growth Forecast (FY 2024 - FY 2029e)
Chapter 5: Market Influencers
5.1. Market Drivers
5.2. Market Challenges
Chapter 6: Market Trends and Opportunities
Chapter 7: Government Initiatives
- Major Government Initiatives
Chapter 8: Trade Analysis
- Export
- Value-wise
- Country-wise
- Import
- Value-wise
- Country-wise
Chapter 9: Competitive Landscape
- Cosco (India) Limited
- Company Information
- Business Description
- Products/services
- Key People
- Financial Snapshot
- Key Ratios
- Key Financial
- Performance Indicators
- Key Business Segments
- Key Geographic Segments
- Adidas India Marketing Pvt. Ltd.
- ASICS India Pvt. Ltd.
- Bhalla International - Vinex Sports
- Decathlon Sports India Pvt. Ltd.
- Nivia Sports
- Nike India Pvt. Ltd.
- Puma Sports India Pvt. Ltd.
- Sansparelis Greenland Private Limited
- Sareen Sports Industries
Chapter 10: Major Startups
Chapter 11: Recent Developments
For more information about this report visit https://www.researchandmarkets.com/r/qvi9py
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