India Running Gear Market Overview:
According to the latest report by IMARC Group, titled “Indian Running Gear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the India running gear market reached US$ 1.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2027, exhibiting a CAGR of 9.86% during 2022-2027. Running gear refers to numerous accessories and wearable products worn by individuals while running and performing sports-related activities. Some commonly used products include running shoes, jackets, belts, tights, sunglasses, etc. They are produced from water- and scratch-resistant materials to prevent injuries and enhance air circulation for better comfort. Running gear provides a protective layer to the wearer to avoid chafing of the skin during physical activities. Various wearable devices, including smartwatches and smart patches, are also utilized to track the fitness progress of runners and athletes.
|Base Year of the Analysis||2021|
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.
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Indian Running Gear Market Trends:
The growing health consciousness and the rising adoption of running as an effective form of exercise are driving the India running gear market. Furthermore, hectic work schedules and stressful lives have augmented the involvement in regular physical activity, which are also propelling the market growth. Apart from this, several product innovations, such as the development of aesthetically appealing designs with high-quality fibers, are further catalyzing the product demand. Besides this, the increasing proliferation of social media platforms and e-commerce retails channels is also bolstering the market growth. Additionally, several other factors, such as rising disposable income levels and elevating consumer expenditure capacities, are expected to propel the India running gear market over the forecasted period.
Indian Running Gear Market 2022-2027 Analysis and Segmentation:
Our report has categorized the market based on product, gender and distribution channel.
Breakup by Product:
- Running Footwear
- Running Apparel
- Running Accessories
- Fitness Trackers
Market by Gender:
By Distribution Channel:
- Specialty and Sports Shops
- Supermarkets and Hypermarkets
- Department and Discount Stores
Breakup by Region:
- North India
- West and Central India
- South India
- East India
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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