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Sportswear Market Size in India

Description: This quiz aims to assess your knowledge about the Sportswear Market Size in India. It covers various aspects, including market size, growth factors, and key players.
Number of Questions: 15
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Tags: sportswear market india market size growth factors key players
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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

Show answer
Correct Option: C
Explanation:

The sportswear market in India is expected to reach $20 billion by 2023, driven by factors such as rising disposable income, increasing health consciousness, and growing popularity of sports.

Which of the following is a major factor contributing to the growth of the sportswear market in India?

  1. Government initiatives

  2. Celebrity endorsements

  3. Increasing urbanization

  4. Changing lifestyle

Show answer
Correct Option: D
Explanation:

The changing lifestyle in India, with an increasing focus on health and fitness, is a major factor driving the growth of the sportswear market.

Which sport has the largest share in the sportswear market in India?

  1. Cricket

  2. Football

  3. Hockey

  4. Tennis

Show answer
Correct Option: A
Explanation:

Cricket is the most popular sport in India, and it also has the largest share in the sportswear market.

Which of the following is a key player in the sportswear market in India?

  1. Nike

  2. Adidas

  3. Puma

  4. All of the above

Show answer
Correct Option: D
Explanation:

Nike, Adidas, and Puma are all major players in the sportswear market in India.

What is the expected growth rate of the sportswear market in India over the next five years?

  1. 5-7%

  2. 7-9%

  3. 9-11%

  4. 11-13%

Show answer
Correct Option: C
Explanation:

The sportswear market in India is expected to grow at a CAGR of 9-11% over the next five years.

Which region in India has the highest demand for sportswear?

  1. North India

  2. South India

  3. East India

  4. West India

Show answer
Correct Option: B
Explanation:

South India has the highest demand for sportswear in India, due to its warm climate and active lifestyle.

What is the major challenge faced by the sportswear market in India?

  1. Lack of infrastructure

  2. High import duties

  3. Counterfeit products

  4. All of the above

Show answer
Correct Option: D
Explanation:

The sportswear market in India faces challenges such as lack of infrastructure, high import duties, and counterfeit products.

Which government initiative is aimed at promoting sports and fitness in India?

  1. Fit India Movement

  2. Khelo India

  3. Sports Authority of India

  4. All of the above

Show answer
Correct Option: D
Explanation:

The Fit India Movement, Khelo India, and Sports Authority of India are all government initiatives aimed at promoting sports and fitness in India.

How has the COVID-19 pandemic impacted the sportswear market in India?

  1. Positive impact

  2. Negative impact

  3. No impact

  4. Mixed impact

Show answer
Correct Option: D
Explanation:

The COVID-19 pandemic has had a mixed impact on the sportswear market in India. While some segments experienced a decline, others saw a surge in demand.

Which of the following is an emerging trend in the sportswear market in India?

  1. Athleisure wear

  2. Sustainable sportswear

  3. Smart sportswear

  4. All of the above

Show answer
Correct Option: D
Explanation:

Athleisure wear, sustainable sportswear, and smart sportswear are all emerging trends in the sportswear market in India.

What is the role of e-commerce in the growth of the sportswear market in India?

  1. Minimal impact

  2. Significant impact

  3. No impact

  4. Negative impact

Show answer
Correct Option: B
Explanation:

E-commerce has had a significant impact on the growth of the sportswear market in India, making it easier for consumers to purchase sportswear from anywhere.

How does the sportswear market in India compare to other countries in the region?

  1. Smaller

  2. Larger

  3. Similar

  4. No data available

Show answer
Correct Option: A
Explanation:

The sportswear market in India is smaller compared to other countries in the region, such as China and Japan.

What are the key factors that will drive the growth of the sportswear market in India in the future?

  1. Rising disposable income

  2. Increasing health consciousness

  3. Growing popularity of sports

  4. All of the above

Show answer
Correct Option: D
Explanation:

Rising disposable income, increasing health consciousness, and growing popularity of sports are all key factors that will drive the growth of the sportswear market in India in the future.

What are the challenges that the sportswear market in India is likely to face in the future?

  1. Counterfeit products

  2. Lack of infrastructure

  3. High import duties

  4. All of the above

Show answer
Correct Option: D
Explanation:

Counterfeit products, lack of infrastructure, and high import duties are all challenges that the sportswear market in India is likely to face in the future.

How can the government support the growth of the sportswear market in India?

  1. Reduce import duties

  2. Invest in sports infrastructure

  3. Promote sports and fitness

  4. All of the above

Show answer
Correct Option: D
Explanation:

The government can support the growth of the sportswear market in India by reducing import duties, investing in sports infrastructure, and promoting sports and fitness.

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