India Running Gear Market to Reach US$ 4.5 Billion by 2032, Propelled by Growing Awareness Regarding Health and Fitness

April 25, 2023 | Retail

According to the latest report by IMARC Group, titled “India Running Gear Market Report by Product (Running Footwear, Running Apparel, Running Accessories, Fitness Trackers), Gender (Male, Female, Unisex), Distribution Channel (Specialty and Sports Shops, Supermarkets and Hypermarkets, Department and Discount Stores, Online, and Others), and Region 2024-2032”, the India running gear market size reached US$ 2.2 Billion in 2023. Running gear refers to a wide range of accessories and wearable products that are designed for individuals to wear while running or engaging in sports-related activities. They have protective layers that reduce the chance of injuries and help the user to have perfect ventilation while participating in any type of sports activity. A water- and scratch-resistant material is used in the production of these shoes to prevent injuries and improve the circulation of air for greater comfort. Running gear, particularly apparel, is often skin fitting to prevent chafing of the skin and rain penetration. Sunglasses, tights, jackets, belts, tights, running shoes and running jackets are among the commonly used running gear products by individuals. Additionally, the use of smart running gear, such as fitness bands, smartwatches, and pedometers, are helpful in keeping consumers motivated during formal fitness training since they can track their progress.

India Running Gear Market Trends:

The market in India is majorly driven by the growing awareness regarding health and fitness among the consumers. This can be attributed to the rising adoption of regular running as a form of exercise. In addition to this, the emerging trend of aesthetic athleisure with trendy designs is resulting in a higher product uptake, particularly among the millennial and gen Z population. Moreover, continual technological advancements in the process of manufacturing various running gear products, such as the introduction of high-quality fabrics and sustainable materials, are also impacting the market positively. Besides this, numerous marketing strategies adopted by the major market players, such as social media advertising and OOH advertising, are providing an impetus to the market. The market is further propelled by the increasing prevalence of product endorsements by popular celebrities and sports personalities to attract a broad consumer base, which, in turn, is creating a positive market outlook. Apart from this, the inflating disposable income levels of the consumers leading to higher expenditure capacities is creating lucrative growth opportunities in the market. Some of the other factors contributing to the market include rapid urbanization, easy product availability via online and offline organized retail channels, increasing product premiumization, and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 4.5 Billion by 2032, exhibiting a CAGR of 8.1% during 2024-2032. 

Market Summary:

  • Based on the type, the market has been segmented into running footwear, running apparel, running accessories, and fitness trackers.
  • On the basis of the gender, the market has been divided into male, female, and unisex.
  • Based on the distribution channels, the market has been categorized into specialty and sports shops, supermarkets and hypermarkets, department and discount stores, online, and others.
  • On the geographical front, the market has been segregated into North India, West and Central India, South India, and East India.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Gender, Distribution Channel, Region
Region Covered North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
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India Running Gear Market to Reach US$ 4.5 Billion by 2032, Propelled by Growing Awareness Regarding Health and Fitness
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