Feedback
A pioneer B2B media and publication platform connecting with Fashion Brands & Retail in India
 

India’s activewear market to reach Rs 997.8 billion by 2024

Indias activewear market to reach Rs 997.8A report titled, ‘Activewear Market in India 2019’ by ResearchAndMarkets.com, says the activewear market is estimated to reach Rs 997.8 billion by 2024, expanding at a CAGR of ~13.59 per cent during the 2019-2024 period. The growth of this segment is expected to be facilitated by the increasing demand of sports-inspired or athletic casual footwear. Heightened awareness regarding fitness and wellness, coupled with celebrity-endorsement is expected to fuel the demand for activewear.

The activewear market in India has expanded due the growing participation of women and kidsIndias activewear market to reach Rs 997.8 billion by 2024 in sports activities and promotion of athleisure as casual wear. Rising popularity of online retail channels as a mode of distribution has further propelled market growth.

Based on product type, India’s activewear market is categorized as footwear, apparel, and other sports accessories segments. Headbands, hats, caps, and visors constitute the other sports accessories segment. Value-wise, in 2018, the footwear segment held the largest market share.

The Indian activewear market is dominated by foreign players like Adidas India, Decathlon Sports India, Nike India and Puma Sports India. Amid these international brands, domestic players also are striving to strengthen their footprint by offering products at a lower price range than their international counterparts for consumers in Tier-II and Tier-III cities.

LATEST TOP NEWS
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Demand recovery to lead Indian textile, apparel market growth in Q2FY21

Demand recovery to lead Indian textile, apparel market growth in Q2FY21

     Recovery in the textile and apparel sector in Q2 FY 21 is likely to be led by increasing demand in the domestic and overseas market, says India Ratings and Research... Read more

With e-com expecting festive season boost, small cities to see high traction

With e-com expecting festive season boost, small cities to see high traction

    Benefitting in a big way from the COVID-19 pandemic, the $27 billion Indian e-commerce market is expected to grow by 40 per cent in 2020. Redseer Consulting expects the market... Read more

Brands, marketplaces expect a strong rebound this festive season

Brands, marketplaces expect a strong rebound this festive season

     Brands as well as online fashion and beauty marketplaces Myntra and Nykaa expect a strong rebound during the festive season after a weak first half impacted by the COVID-19 pandemic.... Read more

Leading Indian brands foray into anti-viral clothing

Leading Indian brands foray into anti-viral clothing

     The pandemic has encouraged many Indian textile and apparel brands, including Reliance, Arvind, Aditya Birla, Donear Group, Raymond Siyaram and few start-ups to enter the market for anti-viral clothing in... Read more

India’s online shoppers to double this festive season: Redseer Consulting

India’s online shoppers to double this festive season: Redseer Consulting

     According to Redseer Consulting, the number of online shoppers in India will nearly double to around 50 million during the festive season this year. This year’s bonanza sales will gain from... Read more

Surendra Savai passes away

Surendra Savai passes away

   Credited for launching the first edition of DFU Publications in 1989, Surendra Tulsidas Savai, President, Mumbai Textiles Merchants Mahajan, passed away on September 15, 2020. He was 81 years old.... Read more

COVID-19: Brands reevaluating luxury businesses in India

COVID-19: Brands reevaluating luxury businesses in India

    COVID-19 is leading to a reevaluation of the luxury business model in India. With the luxury market expected to contract 39 per cent in 2020, businesses across the country are... Read more

Muted demand for ethnic wear expected this festive season

Muted demand for ethnic wear expected this festive season

    With COVID-19 diminishing consumer sentiments, the ethnic wear segment in India could register only 10-20 per cent sales from April to June. However, reports suggest, the arrival of festival season... Read more

Adoption of online shopping to increase post COVID-19: Report

Adoption of online shopping to increase post COVID-19: Report

     A report by KPMG and Retailers Association of India indicates, there will be increased adoption of online shopping, contactless payments and consumers placing safety over price, range and convenience post... Read more

COVID-19 causes US$253 bn loss to Indian retail industry in 5 months

COVID-19 causes US$253 bn loss to Indian retail industry in 5 months

     The Confederation of All India Traders (CAIT) estimates that COVID-19 pandemic has inflicted a loss of about US$253 bn (Rs 19 lakh crore) to India's retail industry in the past... Read more

MOST POPULAR NEWS
Go to top

Follow Us On:

Face BookDealersForYou

TWDFUpublications

LNDFUpublications

YouTubeDFUpublications

 Copyright © 2020 DFU Publications. All rights reserved.