The India licensed sports merchandise market size reached USD 1095.00 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1458.94 Million by 2033, exhibiting a growth rate (CAGR) of 3.20% during 2025-2033. The market is expanding, driven by increasing sports engagement, growing fan bases, and rising disposable incomes. Moreover, key factors include the popularity of cricket, football, and other sports, with brands leveraging licensing deals to offer authentic, high-quality merchandise to consumers.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 1095.00 Million |
Market Forecast in 2033 | USD 1458.94 Million |
Market Growth Rate 2025-2033 | 3.20% |
Surge in Popularity of Cricket and Football-Related Merchandise
In India, there is an increased demand for authentic sports merchandise, mainly cricket- and football-associated merchandise. As the most liked game in the nation, cricket influences a bulk of the business with fans excitedly waiting to buy jerseys, bats, hats, and various other team-linked commodities from players of their preference as well as the national sides. For instance, as per industry reports, approximately 90% of the total sports audience, or 612 million viewers, engaged with cricket content on television and streaming platforms. Football is also gaining traction, especially with the increasing popularity of the Indian Super League (ISL) and the growing interest in international football leagues like the English Premier League (EPL). Fans are increasingly purchasing team jerseys, scarves, and other licensed merchandise. As India’s young, urban population becomes more brand-conscious and passionate about their sports affiliations, licensed merchandise is gaining more prominence. Moreover, the increasing presence of global sports brands and partnerships with local teams further boosts merchandise sales. Furthermore, e-commerce platforms and social media also play a crucial role in reaching the wide audience, making it easier for consumers to access authentic merchandise and creating new opportunities for growth in this segment.
Shift Toward Online Platforms and Direct-to-Consumer Sales
The India licensed sports merchandise market is undergoing a significant transformation with the shift toward online retail and direct-to-consumer (DTC) models. E-commerce platforms and specialty websites dedicated to sports gear are becoming dominant sales channels for licensed merchandise. For instance, as per industry reports, India's e-commerce market is anticipated to reach approximately USD 147.3 Billion (INR 12.2 Trillion) in 2024, reflecting a 23.8% growth compared to the previous year. This shift is primarily driven by the convenience of online shopping, wide product selection, and the rise of digitally-savvy consumers. Online platforms also offer direct-to-consumer services, enabling brands and sports teams to sell directly to their audience, cutting out the middlemen and enhancing profit margins. Moreover, the growth of social media marketing, influencers, and digital advertising has made it easier for brands to reach targeted audiences, particularly the younger generation. Through online platforms, consumers can access limited edition items, player merchandise, and other collectibles that were previously unavailable in physical stores. This trend is expected to continue, with brands enhancing their e-commerce capabilities to meet the rising demand for authentic and exclusive sports products, offering personalized experiences for fans.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type, distribution channel, price range, and end-user.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes apparel and footwear, accessories and gifts, toys and games, and others.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes online stores, supermarkets and hypermarkets, departmental stores, specialty stores, and others.
Price Range Insights:
The report has provided a detailed breakup and analysis of the market based on the price range. This includes premium and economic.
End-User Insights:
A detailed breakup and analysis of the market based on the end-user have also been provided in the report. This includes men, women, and children.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Product Types Covered | Apparel and Footwear, Accessories and Gifts, Toys and Games, Others |
Distribution Channels Covered | Online Stores, Supermarkets and Hypermarkets, Departmental Stores, Specialty Stores, Others |
Price Ranges Covered | Premium, Economic |
End-Users Covered | Men, Women, Children |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: