Real gross domestic product GDP growth rate from to compared to the previous year The statistic shows the growth of the real gross domestic product GDP in India from towith projections up until GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth.
Sports apparel market are mainly worn during workout sessions or while playing sports. Sports apparel are designed to provide comfort and agility during physical movements.
The global sports apparel market has witnessed significant growth owing to growing health awareness and increasing fitness activities such as aerobics, swimming, running, and yoga among consumers.
The market is further supplemented by the increasing participation of women in sports and fitness activities. Based on geography, North America was the largest revenue-generating region in global sports apparel market in However, Asia-Pacific would be the leading revenue-generating region byowing to increasing disposable income and improving living standards in the emerging countries such as China and India.
However, availability of low quality and counterfeit products has restricted the growth of the global sports apparel market.
Numerous key players are operating in the global sports apparel market which include Nike, Inc. They have adopted various growth strategies to capture a larger market share and increase their customer base.
Product launches, partnerships and acquisitions are the prime growth strategies adopted by these companies to sustain the intense competition in the global sports apparel market.
In JulyAdidas entered into partnership with Manchester United, one of the most successful and popular football clubs in the global, to promote its products globally. This has helped the company to strengthen its market position in various geographies.
Request Sample Pages Segment Review: The report analyses the sports apparel market based on end users, mode-of-sale and geography. Based on mode-of-sale, the market is segmented into retail stores and online stores. Retail stores dominated the market in the market by mode-of-sale.
This is the most common channel of sale for market players. Favorable demographics and rising inclination towards trendy sports apparel have boosted the growth of the market. Numerous companies are focusing on setting up retail and company owned stores to increase their product sale which led to the growth of this segment.
North America stands as the market leader in the sports apparel retail stores market however, Asia-Pacific is expected to grow at the highest growth rate.
The future growth is expected to come from the online mode of sale which has witnessed a dynamic growth in the past few years owing to increased popularity and penetration of internet and availability of a wide range of products at a discounted price. Get more information on this report: Rising propensity of consumers to buy comfortable clothing, which helps in proper workout session, has fostered the growth of sports apparel market.
High spending capabilities of consumers has increased the sale of premium products. Over the period, disposable income has witnessed growth in major economies of the global.
Thus, increasing disposable income is one of the major growth factors of global sports apparel market. Fitness conscious consumers Consumers have become more health conscious due to the work-related stress and lifestyle disorders. Working individuals opt for fitness regimes such as swimming, gym and running to remain healthy, and active in daily life.
Presently, majority of the individuals are investing their time in performing various fitness activities to keep themselves fit and healthy. This has created the demand for fitness and sports apparel among all age groups, thereby, fostering the market growth. The increasing demand of trendy fitness apparel by the middle-aged individuals segment has increased in the past few years.
Such products help in increasing the popularity of a brand and improve its customer base. Counterfeit products The sports apparel market offers lucrative potential of growth; however, the presence of fake and low-priced products restrict the growth of the market.
Sports and fitness apparel by renowned brands have a high price range, which are not affordable by the lower income groups. Hence, the local suppliers design the same style products at comparatively lower costs. Such products are of low quality and reduces the brand image of forerunners in the market; thereby, hampering the sale of original product of the company.
Availability of counterfeit or low quality apparel restricts the sale of branded apparel; thus, threatening the growth of the sports apparel market. Increased women participation in fitness and sports In the past few years, there has been a considerable increase in the number of female participating in sports and fitness events.
Women professionals have become conscious about their health, so they opt for fitness programs such as Yoga, Zumba and visit fitness centers.
Nowadays, women prefer wearing sports apparel in their daily wear, which results in the growth of the sports apparel market.
Numerous companies launch products in vibrant colors, which offer enhanced comfort, thereby increasing their popularity among women.The main objective of the graph is the diffusion of mobile phones in India to inform the larger discussion of managing the communication services as well as to assist analysts concerned about assessing the impact of public policies in the evolution of telecom sector.
Comparative literacy statistics on country. The table below shows the adult and youth literacy rates for India and some neighbouring countries in Adult literacy rate is based on the 15+ years age group, while the youth literacy rate is for the 15–24 years age group (i.e. youth is a subset of adults).
The statistic shows the growth rate of the real gross domestic product (GDP) in India from to In , India's GDP growth was at about percent compared to the previous year. The first thing we wanted to explore is what average ecommerce growth looks like.
To do this, we plotted monthly revenue from the date of a store’s first purchase onward. This chart seems to show that the average ecommerce company is making $M per month at the end of its third year. The BLS said growth in the healthcare industry and the need for more IT security may spur an increase in the number IT management jobs, but the agency added that "cloud computing may shift some IT.
1 Chapter 1 Effects of Population Growth and Urbanization in the Pacific Islands More than 35 percent of the people of the Pacific islands live and work in towns, and the rate of.