Sportswear Market Segmentation in India

Description: Sportswear Market Segmentation in India
Number of Questions: 14
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What is the primary factor driving the growth of the sportswear market in India?

  1. Increasing participation in sports and fitness activities

  2. Growing disposable income

  3. Rising awareness of health and wellness

  4. All of the above


Correct Option: D
Explanation:

The growth of the sportswear market in India is attributed to a combination of factors, including increasing participation in sports and fitness activities, growing disposable income, and rising awareness of health and wellness.

Which sportswear category is expected to witness the highest growth in India during the forecast period?

  1. Footwear

  2. Apparel

  3. Accessories

  4. Equipment


Correct Option: A
Explanation:

Footwear is projected to be the fastest-growing category in the Indian sportswear market, driven by factors such as increasing participation in running and other sports activities, as well as the growing popularity of athleisure fashion.

Which demographic segment is the primary target market for sportswear brands in India?

  1. Millennials

  2. Gen Z

  3. Baby Boomers

  4. All of the above


Correct Option:
Explanation:

Millennials and Gen Z consumers are the primary target market for sportswear brands in India, as they are more likely to engage in sports and fitness activities and are more receptive to athleisure fashion trends.

What is the key factor influencing consumer purchasing decisions in the Indian sportswear market?

  1. Brand recognition

  2. Product quality

  3. Price

  4. All of the above


Correct Option: D
Explanation:

Indian consumers consider a combination of factors when making sportswear purchases, including brand recognition, product quality, and price. Brand recognition is important for establishing trust and credibility, while product quality and price are essential for ensuring customer satisfaction.

Which distribution channel is expected to dominate the sportswear market in India in the coming years?

  1. Online retail

  2. Brick-and-mortar stores

  3. Multi-brand outlets

  4. All of the above


Correct Option: A
Explanation:

Online retail is projected to be the dominant distribution channel for sportswear in India, driven by factors such as convenience, wider product selection, and attractive discounts and promotions.

What is the primary challenge faced by sportswear brands in India?

  1. Counterfeit products

  2. Intense competition

  3. Lack of infrastructure

  4. All of the above


Correct Option: D
Explanation:

Sportswear brands in India face a multitude of challenges, including counterfeit products, intense competition from both domestic and international brands, and lack of adequate infrastructure for manufacturing and distribution.

Which sportswear brand holds the largest market share in India?

  1. Nike

  2. Adidas

  3. Puma

  4. Reebok


Correct Option: A
Explanation:

Nike is the leading sportswear brand in India, with a significant market share. The brand's popularity is attributed to its strong brand recognition, innovative products, and effective marketing strategies.

What is the estimated size of the sportswear market in India in 2023?

  1. $10 billion

  2. $15 billion

  3. $20 billion

  4. $25 billion


Correct Option: C
Explanation:

The sportswear market in India is estimated to reach $20 billion in 2023, reflecting the growing demand for sportswear products and the increasing popularity of sports and fitness activities in the country.

Which region in India is expected to contribute the largest share to the sportswear market growth?

  1. North India

  2. South India

  3. East India

  4. West India


Correct Option: B
Explanation:

South India is anticipated to be the major contributor to the growth of the sportswear market in India, owing to factors such as rising disposable income, increasing urbanization, and growing awareness of health and fitness.

What is the key factor driving the demand for athleisure fashion in India?

  1. Changing consumer preferences

  2. Influence of social media

  3. Growing popularity of sports and fitness

  4. All of the above


Correct Option: D
Explanation:

The demand for athleisure fashion in India is fueled by a combination of factors, including changing consumer preferences towards comfortable and versatile clothing, the influence of social media and celebrities, and the growing popularity of sports and fitness activities.

Which sportswear brand is known for its focus on sustainability and eco-friendly practices?

  1. Patagonia

  2. The North Face

  3. Columbia

  4. All of the above


Correct Option: A
Explanation:

Patagonia is a sportswear brand that is renowned for its commitment to sustainability and eco-friendly practices. The brand uses recycled materials, minimizes waste, and supports environmental initiatives.

What is the primary factor influencing the pricing strategy of sportswear brands in India?

  1. Production costs

  2. Competition

  3. Consumer demand

  4. All of the above


Correct Option: D
Explanation:

Sportswear brands in India consider a combination of factors when determining their pricing strategy, including production costs, competition, and consumer demand. They aim to strike a balance between profitability and affordability to appeal to a wide range of consumers.

Which sportswear brand is known for its collaborations with high-profile athletes and celebrities?

  1. Nike

  2. Adidas

  3. Puma

  4. Reebok


Correct Option: A
Explanation:

Nike is known for its strategic collaborations with high-profile athletes and celebrities, such as Michael Jordan, LeBron James, and Serena Williams. These collaborations help the brand enhance its brand image, reach new audiences, and drive sales.

What is the key challenge faced by sportswear retailers in India?

  1. Managing inventory

  2. Competition from online retailers

  3. Lack of skilled workforce

  4. All of the above


Correct Option: D
Explanation:

Sportswear retailers in India face a multitude of challenges, including managing inventory effectively, competing with online retailers, and addressing the shortage of skilled workforce in the retail sector.

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