India Sports Team And Clubs Market Size (2024 - 2029)

The market size of India's sports team and clubs sector is poised for substantial growth, driven by a robust increase in advertising revenue and media spending, despite setbacks from the COVID-19 pandemic. The industry has shown resilience, with a significant portion of its revenue generated from sports broadcasting through TV and digital channels. The expansion of partnerships between Indian and foreign sports clubs is further stimulating investment, contributing to the overall growth trajectory of the market.

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Market Size of India Sports Team And Clubs Industry

India Sports Team And Clubs Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 7.00 %
Market Concentration Medium

Major Players

India Sports Team And Clubs Market Major Players

*Disclaimer: Major Players sorted in no particular order

India Sports Team And Clubs Market Analysis

India's Sports Team and Clubs Market is expected to register at a CAGR greater than 7% during the forecast period. Over the years India's Sports Market has observed continuous growth in its revenue rising to a level of USD 8.07 Million last year. In India Advertising exists as the largest segment of Sports revenue generating a revenue of USD 5.94 Million of the total revenue. Currently, India's Sports Industry employs more than 500,000 people with the manufacturing of more than 300 sports-related goods.

With the advent of COVID-19 sports industry in India suffered a major setback. BCCI India decided the postponement of the event with a large number of staff tested positive for COVID-19. The value of the Indian Premier League declined significantly during the period reaching USD 4 billion.

Media spending in Indian sports has observed a significant increase over the years with a small decline observed during the pandemic reaching a value of USD 60.18 Billion last year. Spots broadcasting through TV and digital channels had a share of USD (7.96 & 1.97) Billion last year generating a significant increase in revenue growth for sports teams and clubs. In addition, rising partnerships between India and Foreign clubs in different sports are encouraging private players of different sports clubs and brands to invest in India.

India Sports Team And Clubs Industry Segmentation

A sports club or sporting club, is a group of people formed to play sports. Sports clubs range from organizations whose members play together, unpaid, and may play other similar clubs on occasion, watched mostly by family and friends, to large commercial organizations that attract very large crowds of paying spectators.

India's Sports Team and Club Market is Segmented by Type (Spectator Sports, Participatory Sports), by Spectator Sport (Sports teams and Club, Racing and Individual Sports), By Participatory Sport (Golf Courses & Country Clubs, Skiing Facility, Fitness, and Recreational Sports Centre, Others) and By Revenue Source (Media rights, Merchandising, Tickets, Sponsorship). The report offers Market size and forecasts for India Sports Team and Clubs Market in value (USD Million) for all the above segments.

By Types
Spectator Sports
Participatory Sports
By Spectator Sports
Sports teams and Club
Racing and Individual Sports
By Participatory Sports
Golf Courses & Country Clubs
Skiing Facility
Fitness and Recreational Sports Centre
Others
By Revenue Source
Media Rights
Merchandising
Tickets
Sponsorship
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India Sports Team And Clubs Market Size Summary

The sports team and clubs market in India is poised for robust growth, driven by a compound annual growth rate exceeding seven percent over the forecast period. The sector has seen a steady increase in revenue, with advertising emerging as the dominant segment. Despite the challenges posed by the COVID-19 pandemic, which significantly impacted events like the Indian Premier League, the market has rebounded with increased media spending and digital advertising. The Board of Control for Cricket in India (BCCI) remains a key player, generating substantial revenue and contributing to India's position as a leader in global cricket. The expansion of international partnerships and the presence of foreign clubs in India are further fueling investments and interest in the sports market.

India's sports industry is characterized by a fragmented market structure, with cricket leading the way, although other sports are gradually gaining traction. The Indian Premier League and other cricket clubs have seen significant growth, both domestically and internationally. The market is also witnessing strategic collaborations, such as the partnership between BigHit and FC Bayern, which aim to enhance the sports ecosystem in India. Additionally, the acquisition of international franchises by Indian clubs, like the Mumbai Indians' expansion into Major League Cricket, highlights the growing influence and reach of Indian sports teams. This dynamic environment is supported by increasing government and private sector investment, as well as a rise in sports-related employment and manufacturing.

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India Sports Team And Clubs Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rise In Sports Advertisement and Marketing Revenue

      2. 1.2.2 Rising spectators for different sports in India

    3. 1.3 Market Restraints

      1. 1.3.1 Market Expansion concentrated to few sports in India

      2. 1.3.2 Government and Private investment limited to certain sports

    4. 1.4 Market Opportunities

      1. 1.4.1 Increase in partnership with global clubs encouraging new sports.

      2. 1.4.2 Promotion of National and International leagues on different sports in India.

    5. 1.5 Industry Attractiveness - Porters' Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitutes

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Trends Influencing India Sports Team And Club Market

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Types

      1. 2.1.1 Spectator Sports

      2. 2.1.2 Participatory Sports

    2. 2.2 By Spectator Sports

      1. 2.2.1 Sports teams and Club

      2. 2.2.2 Racing and Individual Sports

    3. 2.3 By Participatory Sports

      1. 2.3.1 Golf Courses & Country Clubs

      2. 2.3.2 Skiing Facility

      3. 2.3.3 Fitness and Recreational Sports Centre

      4. 2.3.4 Others

    4. 2.4 By Revenue Source

      1. 2.4.1 Media Rights

      2. 2.4.2 Merchandising

      3. 2.4.3 Tickets

      4. 2.4.4 Sponsorship

India Sports Team And Clubs Market Size FAQs

The India Sports Team And Clubs Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)

Royal Challenger Bangalore, Chennai Super Kings, Chennaiyin FC, Avalanche Motorsports and Meco Motorsports are the major companies operating in the India Sports Team And Clubs Market.

India Sports Team And Clubs Market Report Snapshots

India Sports Team and Clubs Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)