Product Code: ETC014444 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Sports Protective Equipment market currently, in 2023, has witnessed an HHI of 4648, Which has decreased slightly as compared to the HHI of 4711 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India sports protective equipment market is anticipated to register a CAGR of 7.8% during the forecast period (2020-2026). The growing interest in various sporting activities, coupled with increasing awareness about safety and protection among youth population, are some of the major factors driving the growth of this market. Moreover, increasing participation in outdoor recreational activities across different age groups is expected to accelerate the demand for sports protective equipments in India.
1. Growing Interest In Sports Activities: The rising popularity of various physical fitness activities such as running, cycling and trekking has increased people?s preference towards participating in sports events or other recreational pursuits that involve them wearing protective gear while doing so. This has led to an increase in demand for sports protective equipments from both professional athletes as well as amateur participants alike. Furthermore, sponsorships from international companies have also bolstered the adoption rate of these products among consumers which is further contributing to their market growth globally.
2. Rising Awareness About Safety And Protection Among Youth Population : Over the past few years there has been a significant rise in awareness amongst youth population regarding health and safety related issues when engaging into any form of sporting activity or exercise regime .This along with increasing investments by government bodies on promotion & popularization campaigns have resulted into higher inclination towards purchasing cost effective yet modernized range of sportswear & accessories like helmets , knee pads etc., thus propelling its sales across global markets including India thereby augmenting its overall industry size over time .
1) High Costs Of Protective Equipment ? Although due technological advancements enabling manufacturers to design quality yet affordable product lines , expensive merchandise remains one factor hindering consumer purchases especially for those living under lower income categories who usually cannot afford such high priced goods . This could potentially affect industry revenue growth going forward if this issue isn`t addressed properly at present times .
2) Lack Of Institutional Infrastructure For Product Promotion - Another challenge faced by many companies operating within this domain include limited institutional infrastructure catering towards advertisement campaigns which would otherwise enable them reach wider customer base ultimately resulting into higher profits instead . Therefore lack thereof can negatively impact revenues earned through sale operations over long term course therefore posing certain risks associated thereto ..
Development Of Lightweight Sportswear ? Major players operating within Indian sportswear sector are focusing more upon developing lightweight apparel lines using better materials suitable
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sports Protective Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sports Protective Equipment Market Revenues & Volume, 2020 & 2030F |
3.3 India Sports Protective Equipment Market - Industry Life Cycle |
3.4 India Sports Protective Equipment Market - Porter's Five Forces |
3.5 India Sports Protective Equipment Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Sports Protective Equipment Market Revenues & Volume Share, By Area of Protection, 2020 & 2030F |
3.7 India Sports Protective Equipment Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Sports Protective Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Sports Protective Equipment Market Trends |
6 India Sports Protective Equipment Market, By Types |
6.1 India Sports Protective Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Sports Protective Equipment Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Sports Protective Equipment Market Revenues & Volume, By Helmets & Other Headgearย , 2020-2030F |
6.1.4 India Sports Protective Equipment Market Revenues & Volume, By Pads, Guards, Chest Protectors, & Gloves, 2020-2030F |
6.1.5 India Sports Protective Equipment Market Revenues & Volume, By Protective Eyewear, 2020-2030F |
6.1.6 India Sports Protective Equipment Market Revenues & Volume, By Face Protection & Mouth Guardsย , 2020-2030F |
6.2 India Sports Protective Equipment Market, By Area of Protection |
6.2.1 Overview and Analysis |
6.2.2 India Sports Protective Equipment Market Revenues & Volume, By Head & Face Protective Equipment, 2020-2030F |
6.2.3 India Sports Protective Equipment Market Revenues & Volume, By Trunk & Thorax Protective Equipment, 2020-2030F |
6.2.4 India Sports Protective Equipment Market Revenues & Volume, By Upper Extremity Protective Equipment, 2020-2030F |
6.2.5 India Sports Protective Equipment Market Revenues & Volume, By Lower Extremity Protective Equipment, 2020-2030F |
6.3 India Sports Protective Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Sports Protective Equipment Market Revenues & Volume, By Specialty Retail Stores, 2020-2030F |
6.3.3 India Sports Protective Equipment Market Revenues & Volume, By Multi-Retail Stores, 2020-2030F |
6.3.4 India Sports Protective Equipment Market Revenues & Volume, By Online Stores & Others, 2020-2030F |
7 India Sports Protective Equipment Market Import-Export Trade Statistics |
7.1 India Sports Protective Equipment Market Export to Major Countries |
7.2 India Sports Protective Equipment Market Imports from Major Countries |
8 India Sports Protective Equipment Market Key Performance Indicators |
9 India Sports Protective Equipment Market - Opportunity Assessment |
9.1 India Sports Protective Equipment Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Sports Protective Equipment Market Opportunity Assessment, By Area of Protection, 2020 & 2030F |
9.3 India Sports Protective Equipment Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Sports Protective Equipment Market - Competitive Landscape |
10.1 India Sports Protective Equipment Market Revenue Share, By Companies, 2023 |
10.2 India Sports Protective Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |