Sports and Fitness Goods Market in India to Reach US$ 3,065 Million by 2027 | CAGR Status (8.5%)

IMARC

Published

March 28, 2022

As per the latest report by IMARC Group, titled “Indian Sports and Fitness Goods Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The sports and fitness goods market in India size reached a value of US$ 1,934 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,065 Million by 2027, exhibiting a CAGR of 8.5% during 2022-2027. Sports goods refer to various tools and equipment that are essential while competing in sports. On the other hand, fitness goods are a subset of sports goods, which include equipment that is required while engaging in physical activities. These goods help in preventing related injuries and are widely used across gyms, health clubs, medical centers, hospitals, and schools.

Request for a free sample copy of this report: https://www.imarcgroup.com/indian-sports-fitness-goods-market/requestsample

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.

Indian Sports and Fitness Goods Market Trends:

The market in India is primarily driven by the growing popularity of sports across the country. This, along with the numerous upcoming International sports events, such as the Women’s Hockey World League and Women’s World T20, is providing a boost to the market growth. Furthermore, the increasing focus on fitness among individuals has led to the increasing demand for sports and fitness goods. Besides this, the growing influence of social media platforms is also creating a positive outlook for the market. Additionally, the rising number of gyms and fitness centers across the country is providing an impetus to the sales of efficient sports and fitness goods.

Buy full report with table of contents: https://www.imarcgroup.com/indian-sports-fitness-goods-market

Indian Sports and Fitness Goods Market 2022-2027 Analysis and Segmentation:

Our report has categorized the market based on product type, fitness goods, cardiovascular training goods and end-use.

Breakup by Product Type:-

Balls
Fitness Goods
Adventure Sports
Golf Goods
Other Goods

On the basis of the product type, the market has been categorized into balls, adventure sports, fitness goods, golf goods and other goods. At present, balls represent the most popular segment.

Breakup by Fitness Goods:

Cardiovascular Training Goods
Strength Training Goods

Based on the fitness goods, cardiovascular training goods exhibit a clear dominance in the market, followed by strength training goods. Cardiovascular training goods are further categorized as treadmills, stationary bikes, rowing machines, ellipticals and others. Among these, treadmills account for the largest market share.

Breakup by End-Use:

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

Based on the end use, health clubs and gyms account for the majority of the total market share. Other major segments include home consumers; hotels and corporate offices; hospitals, medical centers and public institutions; and others.

Regional Insights:

West and Central India
North India
South India
East India

On the geographical front, the market has been segregated into North India, West and Central India, South India and East India. Currently, West and Central India hold the leading position in the market.

Note- If you want to need latest primary and secondary data with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report. We deliver report with-in 24 hours.

Browse More Research Reports By IMARC Group:

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.

Contact US

IMARC Group

30 N Gould St, Ste R

Sheridan, WY (Wyoming) 82801 USA

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

In this article:

Written By IMARC