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India Adventure Sports Gear Market Overview, 2028


India has inspired profound spiritual relationships to the natural world for thousands of years. To the north, India wears the Himalaya like a white crown. Plains and plateaus are riven by the moun... もっと見る

 

 

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Summary

India has inspired profound spiritual relationships to the natural world for thousands of years. To the north, India wears the Himalaya like a white crown. Plains and plateaus are riven by the mountains’ spawning rivers, carving stunning gorges and hidden valleys. Jungles, deserts, and beaches abound across the Indian peninsula. Now this awesome and diverse geography is kindling a different kind of connection among the adventurous athletes and enthusiasts who are waking up to see India as an adventure sports frontier. India’s wide range of geographical diversity excites tourists from all over the world as the best adventure destination though India is developing new adventure sports. Be it on the east to west or north to south, country offers ample opportunities for adrenaline-seekers. The enthusiastic for an aerial rush, paragliding and skydiving have taken off in regions like Himachal Pradesh and Maharashtra, allowing participants to soar above picturesque valleys and capture breath-taking views. India's extensive coastline also offers opportunities for water-based adrenaline sports such as surfing, windsurfing, and kiteboarding, with Goa and Tamil Nadu emerging as popular destinations for such activities. Furthermore, the vast expanse of deserts in Rajasthan and the rugged landscapes of Ladakh offer a playground for off-road enthusiasts engaging in activities like dune bashing and ATV riding. And for the daring souls, bungee jumping and zip-lining from iconic sites like the Neemrana Fort or the towering cliffs of Rishikesh provide unforgettable moments of adrenaline-pumping thrill. As India's adventure sports scene continues to evolve, it reflects the country's commitment to providing diverse and exciting activities for those seeking an adrenaline rush. With a blend of natural beauty, cultural diversity, and daring escapades, India's adrenaline sports landscape offers something for every adventure enthusiast. Adventure sports enthusiasts are seeking high-quality gear that can withstand the diverse and sometimes challenging conditions of India's landscapes. This has led to a rise in the availability and variety of adventure sports equipment, including hiking boots, climbing harnesses, waterproof apparel, helmets, life jackets, and more. Brands are striving to meet these demands by integrating advanced materials, innovative design, and cutting-edge technology into their products. India has thousands of small, medium, and large manufacturers of sports equipment, providing employment to lakhs of individuals. Jalandhar, Meerut, and Gurugram have emerged as India’s biggest clusters for sports goods manufacturing.

According to the research report "India Adventure Sports Gear Market Overview, 2028," published by Bonafide Research, the India Adventure Sports Gear market expected to grow at 8.85% CAGR from 2023 to 2028. India, today, is well established as a credible business partner, preferred investment destination, rapidly growing market and provider of quality services and manufactured products; and, stands on the threshold years of unprecedented growth. Significant developments have been seen in the Indian sports equipment market, which presents both opportunities and difficulties for market participants. The demand for sports clothing and equipment has increased as a result of rising health consciousness and fitness awareness. The popularity of sportswear and fitness-related activities on social media has helped to further accelerate this trend. The sports equipment market in India offers a wealth of opportunities. The middle class's rising disposable income has increased access to premium sports brands and fuelled the market for stylish and high-end athletic apparel. Additionally, the Fit India Movement and other government programs that encourage fitness and sports have increased sports engagement among people of all ages. India, today, is well established as a credible business partner, preferred investment destination, rapidly growing market and provider of quality services and manufactured products; and, stands on the threshold years of unprecedented growth.

Applications boosting sales of gear for adventure sports including water rafting, hiking, climbing, and camping. Rock climbing, mountain climbing, mountain biking, caving and spelunking, paragliding, hang gliding, zip lining, skydiving, canyoning, sailing/windsurfing/kiteboarding, sand boarding/dune bashing, horseback riding, cross-country running, etc. Among these, in India the diverse landscapes, ranging from the mighty Himalayas in the north to the lush Western Ghats in the south, offer a plethora of trekking opportunities for enthusiasts of all levels. Footwear is paramount in adventure sports, as it directly impacts an individual's mobility, stability, and protection. In India, where diverse landscapes and varied climatic conditions prevail, specialized adventure footwear addresses the specific needs of different activities, such as trekking shoes, hiking boots, water shoes, and climbing shoes. The prevalence of these activities, coupled with the need for reliable and durable footwear, drives the consistent demand and substantial market share. Adventure sports often entail exposure to ever-changing weather conditions and challenging environments. As a result, suitable clothing plays a crucial role in maintaining comfort and protection. Adventure-specific clothing is designed to wick away moisture, provide insulation, offer UV protection, and facilitate ease of movement. Additionally, the growing awareness of the importance of safety and performance-oriented apparel contributes to the sustained market share of adventure clothing. The combination of these factors underscores the dominance of footwear and clothing in the Indian adventure sports gear market. Consumers are increasingly willing to invest in high-quality products that enhance their experience, reduce risks, and improve overall performance. As the adventure sports industry continues to grow and evolve in India, the demand for innovative and technologically advanced footwear and clothing is expected to remain strong, driving further developments in this segment of the market.

In India, there is a discernible emphasis on affordable adventure sports gear among enthusiasts and adventurers. With a diverse population and varying income levels, the demand for budget-friendly equipment has become a significant trend. Many adventure seekers prioritize cost-effective options without compromising on quality and safety. This demand has led to the emergence of markets and retailers that specialize in providing adventure sports gear at lower price points, making it accessible to a wider range of individuals. In essence, the preference for specialty stores in India stems from their ability to provide tailored solutions, expert guidance, a sense of community, and a comprehensive shopping experience that caters to the unique needs and aspirations of adventure sports enthusiasts. In India, the future of the adventure sports gear market is strongly poised for a significant shift towards online purchases. The rapidly growing e-commerce ecosystem, coupled with changing consumer behaviour’s and preferences, indicates a promising trajectory for online dominance in this sector. As access to the internet becomes more widespread and convenient, a larger number of adventure enthusiasts are turning to online platforms to research, compare, and purchase their gear.

Considered in this report:
•Geography: India
•Historic year: 2017
•Base year: 2022
•Estimated year: 2023
•Forecast year: 2028

Aspects covered in this report:
•India Adventure Sports Gear market with its value and forecast along with its segments
•Various drivers and challenges
•On-going trends and developments
•Top profiled companies
•Strategic recommendation

By Product Type:
•Clothing
•Footwear
•Backpack
•Tents
•Electronic Gadgets
•Sleeping Bags
•Climbing Gear
•Navigation Gear
•Others (Sun Protection Gear, Hydration Gear, Illumination Gear, Fire Starters, Repair Kit and Tools, etc.)

By Application:
•Trekking
•Hiking
•Camping
•Rafting
•Skiing
•Others (Rock Climbing, Mountaineering, Mountain Biking, Caving/Spelunking, Paragliding/Hang Gliding, Bungee Jumping, Zip lining, Skydiving, Canyoning, Sailing/Windsurfing/Kiteboarding, Sand boarding/Dune Bashing, Horseback Riding, Cross-Country Running, etc.)

By Price:
•Low (Price under $100)
•Medium ($100 - $500)
•High (More than $500

By Distribution Channel:
•Specialty stores
•Hypermarkets/supermarkets
•Small retail stores
•Online Channel

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Adventure Sports Gear industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. India Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. India Adventure Sports Gear Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Application
6.4. Market Size and Forecast By Price
6.5. Market Size and Forecast By Distribution Channel
7. India Adventure Sports Gear Market Segmentations
7.1. India Adventure Sports Gear Market, By Product Type
7.1.1. India Adventure Sports Gear Market Size, By Clothing, 2017-2028
7.1.2. India Adventure Sports Gear Market Size, By Footwear, 2017-2028
7.1.3. India Adventure Sports Gear Market Size, By Backpack, 2017-2028
7.1.4. India Adventure Sports Gear Market Size, By Tents, 2017-2028
7.1.5. India Adventure Sports Gear Market Size, By Electronic Gadgets, 2017-2028
7.1.6. India Adventure Sports Gear Market Size, By Sleeping Bags, 2017-2028
7.1.7. India Adventure Sports Gear Market Size, By Climbing Gear, 2017-2028
7.1.8. India Adventure Sports Gear Market Size, By Navigation Gear, 2017-2028
7.1.9. India Adventure Sports Gear Market Size, By Others, 2017-2028
7.2. India Adventure Sports Gear Market, By Application
7.2.1. India Adventure Sports Gear Market Size, By Trekking, 2017-2028
7.2.2. India Adventure Sports Gear Market Size, By Rafting, 2017-2028
7.2.3. India Adventure Sports Gear Market Size, By Hiking, 2017-2028
7.2.4. India Adventure Sports Gear Market Size, By Camping, 2017-2028
7.2.5. India Adventure Sports Gear Market Size, By Skiing, 2017-2028
7.2.6. India Adventure Sports Gear Market Size, By Others, 2017-2028
7.3. India Adventure Sports Gear Market, By Price
7.3.1. India Adventure Sports Gear Market Size, By Low, 2017-2028
7.3.2. India Adventure Sports Gear Market Size, By Medium, 2017-2028
7.3.3. India Adventure Sports Gear Market Size, By High, 2017-2028
7.4. India Adventure Sports Gear Market, By Distribution Channel
7.4.1. India Adventure Sports Gear Market Size, By Specialty stores, 2017-2028
7.4.2. India Adventure Sports Gear Market Size, By Hypermarkets/supermarkets, 2017-2028
7.4.3. India Adventure Sports Gear Market Size, By Small retail stores, 2017-2028
7.4.4. India Adventure Sports Gear Market Size, By Online Channel, 2017-2028
8. India Adventure Sports Gear Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Application, 2023 to 2028
8.3. By Price, 2023 to 2028
8.4. By Distribution Channel, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures
Figure 1: India Adventure Sports Gear Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Application
Figure 4: Market Attractiveness Index, By Price
Figure 5: Market Attractiveness Index, By Distribution Channel
Figure 6: Porter's Five Forces of India Adventure Sports Gear Market

List of Table
Table 1 : Influencing Factors for India Adventure Sports Gear Market, 2022
Table 2: India Adventure Sports Gear Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: India Adventure Sports Gear Market Size and Forecast By Application (2017, 2022 & 2028F)
Table 4: India Adventure Sports Gear Market Size and Forecast By Price (2017, 2022 & 2028F)
Table 5: India Adventure Sports Gear Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 6: India Adventure Sports Gear Market Size of Clothing (2017 to 2028) in USD Million
Table 7: India Adventure Sports Gear Market Size of Footwear (2017 to 2028) in USD Million
Table 8: India Adventure Sports Gear Market Size of Backpack (2017 to 2028) in USD Million
Table 9: India Adventure Sports Gear Market Size of Tents (2017 to 2028) in USD Million
Table 10: India Adventure Sports Gear Market Size of Electronic Gadgets (2017 to 2028) in USD Million
Table 11: India Adventure Sports Gear Market Size of Sleeping Bags (2017 to 2028) in USD Million
Table 12: India Adventure Sports Gear Market Size of Climbing Gear (2017 to 2028) in USD Million
Table 13: India Adventure Sports Gear Market Size of Navigation Gear (2017 to 2028) in USD Million
Table 14: India Adventure Sports Gear Market Size of Others (2017 to 2028) in USD Million
Table 15: India Adventure Sports Gear Market Size of Trekking (2017 to 2028) in USD Million
Table 16: India Adventure Sports Gear Market Size of Rafting (2017 to 2028) in USD Million
Table 17: India Adventure Sports Gear Market Size of Hiking (2017 to 2028) in USD Million
Table 18: India Adventure Sports Gear Market Size of Camping (2017 to 2028) in USD Million
Table 19: India Adventure Sports Gear Market Size of Skiing (2017 to 2028) in USD Million
Table 20: India Adventure Sports Gear Market Size of Others (2017 to 2028) in USD Million
Table 21: India Adventure Sports Gear Market Size of Low (2017 to 2028) in USD Million
Table 22: India Adventure Sports Gear Market Size of Medium (2017 to 2028) in USD Million
Table 23: India Adventure Sports Gear Market Size of High (2017 to 2028) in USD Million
Table 24: India Adventure Sports Gear Market Size of Specialty stores (2017 to 2028) in USD Million
Table 25: India Adventure Sports Gear Market Size of Hypermarkets/supermarkets (2017 to 2028) in USD Million
Table 26: India Adventure Sports Gear Market Size of Small retail stores (2017 to 2028) in USD Million
Table 27: India Adventure Sports Gear Market Size of Online Channel (2017 to 2028) in USD Million

 

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