Indian Sports and Fitness Goods (Equipment) Market 2023-2028, Top Brands, Size, Share and Business Opportunity

As per the latest report by IMARC Group, titled “Indian Sports and Fitness Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The Indian sports and fitness goods market size reached US$ 2,094.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,214.5 Million by 2028, exhibiting a growth rate (CAGR) of 6.7% during 2023-2028.

Indian Sports and Fitness Goods Market Overview:

Sports and fitness goods are those goods that are used to enhance performance, improve safety, and provide comfort and convenience to athletes, fitness enthusiasts, and individuals involved in physical activity. It includes various equipment, accessories, and apparel for sports, fitness activities, and recreational purposes. It includes various products, such as athletic footwear, apparel, balls, rackets, weights, exercise machines, fitness trackers, and supplements. These goods are designed for sports and activities, such as running, tennis, yoga, weightlifting, cycling, and swimming. They are used by people of all ages and skill levels, from amateurs to professionals. They are widely available in India via various distribution channels, such as sporting goods stores, fitness centers, online retailers, and department stores.

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Indian Sports and Fitness Goods Market Growth Drivers:

The market in India is majorly driven by the increasing awareness about health and fitness. In line with this, the inflating disposable incomes and the rising interest in sports and outdoor activities are significantly contributing to the market. Furthermore, the changing fashion trends and evolving consumer preferences are positively influencing the market. Apart from this, rapid technological advancements and innovations in product design and materials are catalyzing the market. Moreover, the escalating participation in sports and outdoor activities is propelling the market. Besides, the emergence of wearable fitness technology and the heavy investments in sports infrastructure and facilities are strengthening the market. Additionally, the increasing demand for athleisure and fashion-forward fitness apparel is providing a boost to the market.

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Key Market Segmentation:

Sports and Fitness Companies in India:

The competitive landscape of the market has also been examined with the detailed profiles of the key players

  • Cosco (India) Limited
  • Nivia Sports Private Limited
  • Bhalla International
  • Sareen Sports Industries
  • Sansparelis Greenland Private Limited.

Breakup by Product Type:

  • Balls
  • Fitness Goods
  • Adventure Sports
  • Golf Goods
  • Other Goods

Breakup by Fitness Goods:

  • Cardiovascular Training Goods
  • Strength Training Goods.

Breakup by End-Use:

  • Health Clubs/Gyms
  • Home Consumers
  • Hotels and Corporate Offices
  • Hospitals, Medical Centers and Public Institutions
  • Others

Regional Insights:

  • West and Central India
  • North India
  • South India
  • East India

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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