Sportswear Market Forecast in India

Description: This quiz will test your knowledge about the Sportswear Market Forecast in India.
Number of Questions: 14
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What is the expected growth rate of the sportswear market in India from 2023 to 2028?

  1. 5.5%

  2. 7.5%

  3. 9.5%

  4. 11.5%


Correct Option: C
Explanation:

The sportswear market in India is expected to grow at a CAGR of 9.5% from 2023 to 2028.

Which factor is primarily driving the growth of the sportswear market in India?

  1. Increasing health consciousness

  2. Rising disposable income

  3. Growing popularity of sports

  4. All of the above


Correct Option: D
Explanation:

All of the factors mentioned are contributing to the growth of the sportswear market in India.

Which segment is expected to hold the largest share of the sportswear market in India by 2028?

  1. Apparel

  2. Footwear

  3. Accessories

  4. Equipment


Correct Option: A
Explanation:

Apparel is expected to hold the largest share of the sportswear market in India by 2028 due to the increasing demand for athleisure wear.

Which region is expected to contribute the highest revenue to the sportswear market in India by 2028?

  1. North India

  2. South India

  3. West India

  4. East India


Correct Option: B
Explanation:

South India is expected to contribute the highest revenue to the sportswear market in India by 2028 due to its large population and growing disposable income.

Which city is expected to be the largest market for sportswear in India by 2028?

  1. Mumbai

  2. Delhi

  3. Bengaluru

  4. Hyderabad


Correct Option: A
Explanation:

Mumbai is expected to be the largest market for sportswear in India by 2028 due to its large population, high disposable income, and growing awareness of fitness and sports.

Which age group is expected to be the largest consumer of sportswear in India by 2028?

  1. 18-24 years

  2. 25-34 years

  3. 35-44 years

  4. 45-54 years


Correct Option: A
Explanation:

The 18-24 age group is expected to be the largest consumer of sportswear in India by 2028 due to their growing disposable income and increasing participation in sports and fitness activities.

Which gender is expected to contribute the highest revenue to the sportswear market in India by 2028?

  1. Male

  2. Female

  3. Both equally


Correct Option: A
Explanation:

Males are expected to contribute the highest revenue to the sportswear market in India by 2028 due to their higher participation in sports and fitness activities.

Which distribution channel is expected to account for the largest share of sportswear sales in India by 2028?

  1. Online

  2. Offline

  3. Both equally


Correct Option: A
Explanation:

Online is expected to account for the largest share of sportswear sales in India by 2028 due to the growing popularity of e-commerce and the convenience of shopping from home.

Which type of sportswear is expected to witness the highest growth in demand in India by 2028?

  1. Activewear

  2. Athleisure wear

  3. Sports-specific apparel

  4. Sports footwear


Correct Option: B
Explanation:

Athleisure wear is expected to witness the highest growth in demand in India by 2028 due to its versatility and increasing popularity as a fashion statement.

Which factor is expected to pose a challenge to the growth of the sportswear market in India?

  1. Rising costs of raw materials

  2. Intense competition

  3. Lack of infrastructure

  4. All of the above


Correct Option: D
Explanation:

All of the factors mentioned are expected to pose challenges to the growth of the sportswear market in India.

Which government initiative is expected to boost the growth of the sportswear market in India?

  1. Make in India

  2. Digital India

  3. Skill India

  4. All of the above


Correct Option: D
Explanation:

All of the government initiatives mentioned are expected to boost the growth of the sportswear market in India.

Which global sportswear brand is expected to have the largest market share in India by 2028?

  1. Nike

  2. Adidas

  3. Puma

  4. Under Armour


Correct Option: A
Explanation:

Nike is expected to have the largest market share in India by 2028 due to its strong brand recognition and wide distribution network.

Which Indian sportswear brand is expected to emerge as a major player in the market by 2028?

  1. Shiv Naresh

  2. Vector X

  3. Wildcraft

  4. All of the above


Correct Option: D
Explanation:

All of the Indian sportswear brands mentioned are expected to emerge as major players in the market by 2028 due to their growing popularity and increasing product offerings.

What is the expected value of the sportswear market in India by 2028?

  1. USD 15 billion

  2. USD 20 billion

  3. USD 25 billion

  4. USD 30 billion


Correct Option: C
Explanation:

The sportswear market in India is expected to reach a value of USD 25 billion by 2028.

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