SlideShare a Scribd company logo
1 of 23
Download to read offline
1



© This is a licensed product of Ken Research and should not be copied
TABLE OF CONTENTS
1.     Asia-Pacific Athletic Apparel and Footwear Industry Introduction

     1.1.     Asia-Pacific Athletic Wear Market Size by Revenue, 2006-2012

       1.1.1.      By Athletic Apparel, 2006-2012
       1.1.2.      By Athletic Footwear, 2006-2012

2.     Asia-Pacific Athletic Wear Market Segmentation, 2006-2012
     2.1.     By Athletic Apparel and Footwear, 2006-2012

     2.2.     By Geography, 2006-2012
3.     China Athletic Apparel and Footwear Industry Introduction

     3.1.     China Athletic Wear Market Size, 2006-2012
       3.1.1.      By Athletic Apparel, 2006-2012

       3.1.2.      By Athletic Footwear, 2006-2012
     3.2.     China Athletic Wear Market Segmentation
       3.2.1.      By Athletic Apparel and Footwear, 2006-2012

       3.2.2.      Atheltic Apparel by Gender, 2012
       3.2.3.      Athletic Footwear By Product Categories, 2012

       3.2.4.      Athletic Footwear by Gender, 2012
       3.2.5.      China Indoor Athletic Wear Market
            3.2.5.1.   Indoor Athletic Wear Market Size, 2007-2012
            3.2.5.2.   Indoor Athletic Wear Market Segmentation, 2007- 2012

     3.3.     China Athletic Apparel and Footwear Industry: Trends and Developments
              Increasing Sports Participation
              The Post Olympics Effect: Leading to a Slowdown in Demand
              Emerging Fashion Trends in Sports Industry

     3.4.     Market Share of Major Players in China Athletic Wear Market, 2011
       3.4.1.      By Athletic Apparel, 2011


                                                                                                                   2



                                                © This is a licensed product of Ken Research and should not be copied
3.4.2.      By Atheltic Footwear, 2011
3.5. China Athletic Apparel and Footwear Market Future Outlook and Projections, 2013-
2017
3.6. Company Profiles of Major Domestic Players in China Athletic Apparel and Footwear
Market

  3.6.1.      Anta Sports Products Ltd.
       3.6.1.1.   Company Overview
       3.6.1.2.   Business Strategy
       3.6.1.3.   Financial Performance, 2008-2011

  3.6.2.      Li-Ning
       3.6.2.1.   Company Overview
       3.6.2.2.   Business Strategy
       3.6.2.3.   Financial Performance, 2008-2011

  3.6.3.      361 Degrees International Limited
       3.6.3.1.   Company Overview
       3.6.3.2.   Business Strategy
       3.6.3.3.   Financial Performance, 2008-2011

  3.6.4.      Xtep International Ltd.
       3.6.4.1.   Company Overview
       3.6.4.2.   Business Strategy
       3.6.4.3.   Financial Performance, 2008-2011

  3.6.5.      Kappa
       3.6.5.1.   Company Overview
       3.6.5.2.   Business Strategy
         Enhancing Creativity in Design and Development
         Optimizing Sales Channels
       3.6.5.3.   Financial Performance, 2008-2011

3.7.     Macro-Economic Factors of China Athletic Apparel and Footwear Industry, 2006-2017
  3.7.1.      Population, 2006-2017

                                                                                                              3



                                           © This is a licensed product of Ken Research and should not be copied
3.7.2.   Per Capita Annual Consumption Expenditure on Clothing, 2006-2017
       3.7.3.   Per Capita Income of Households, 2006-2017
4. Asia-Pacific Athletic Apparel and Footwear Market Future Outlook and Projections, 2013-
2017

     4.1.   By Geography, 2013-2017
     4.2. Cause and Effect Relationship Between Industry Factors and the Asia-Pacific Athletic
     Apparel and Footwear Market Prospects

5.     Major International Players in Asia-Pacific Athletic Apparel and Footwear Market
     5.1.   NIKE

       5.1.1.   Company Overview
       5.1.2.   Business Strategy

       5.1.3.   Financial Performance, FY’2008-FY’2012
     5.2.   Adidas Group

       5.2.1.   Company Overview
       5.2.2.   Business Strategy

       5.2.3.   Financial Performance, 2008-2012
     5.3.   PUMA

       5.3.1.   Company Overview
       5.3.2.   Business Strategy
       5.3.3.   Financial Performance, 2008-2012
6.     Appendix
     6.1.   Market Definitions

     6.2.   Abbreviations
     6.3.   Research Methodolgy
            Data Collection Methods
            Approach
            Variables (Dependent and Independent)

                                                                                                                4



                                             © This is a licensed product of Ken Research and should not be copied
Multi Factor Based Sensitivity Model (SPSS Analysis)
       Final Conclusion

6.4.   Disclaimer




                                                                                                           5



                                        © This is a licensed product of Ken Research and should not be copied
LIST OF FIGURES
Figure 1: Asia-Pacific Athletic Apparel Market Size by Revenue in USD Million, 2006-2012

Figure 2: Asia-Pacific Athletic Footwear Market Size by Revenue in USD Million, 2006-2012
Figure 3: Asia Pacific Sportswear Market Segmentation by Athletic Apparel and Athletic
Footwear on the Basis of Contribution in Percentage (%), 2006-2012
Figure 4: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of
Contribution in Percentage (%), 2006-2012
Figure 5: Asia-Pacific Athletic Footwear Market Segmentation by Geography on the Basis of
Contribution in Percentage (%), 2006-2012
Figure 6: China Athletic Wear Market Size by Revenue in USD Million, 2006-2012
Figure 7: China Athletic Apparel Market Size by Revenue in USD Million, 2006-2012

Figure 8: China Athletic Footwear Market Size by Revenue in USD Million, 2006-2012
Figure 9: China Athletic Wear Market Segmentation by Athletic Footwear and Athletic Apparel
on the Basis of Contribution in Percentage (%), 2006-2012
Figure 10: China Athletic Apparel Market Segmentation by Men, Women and Kids on the Basis
of Contribution in Percentage (%), 2012
Figure 11: China Athletic Footwear Market Segmentation by Product Categories on the Basis of
Contribution in Percentage (%), 2012
Figure 12: China Athletic Footwear Market Segmentation by Gender on the Basis of
Contribution in Percentage (%), 2012
Figure 13: China Indoor Athletic Wear Market Size by Revenue in USD Million, 2007-2012

Figure 14: China Indoor Athletic Wear Market Segmentation by Swimwear, Fitness wear and
Underwear on the Basis of Contribution in Percentage (%), 2007-2012
Figure 15: Market Share of Major Players in China Athletic Wear Market by Revenue in
Percentage (%), 2011
Figure 16: Market Share of Major Players in China Athletic Apparel Market by Revenue in
Percentage (%), 2011

Figure 17: Market Share of Major Players in Athletic Footwear Market in China by Revenue in
Percentage (%), 2011


                                                                                                            6



                                         © This is a licensed product of Ken Research and should not be copied
Figure 18: China Athletic Apparel and Footwear Market Future Projections on the Basis of
Revenue in USD Million, 2013-2017
Figure 19: Anta Sports Products Revenue by Athletic Footwear and Apparel in USD Million,
2006-2011
Figure 20: Li-Ning Revenue from Athletic Apparels and Footwear in USD Million, 2008-2011
Figure 21: 361 Degrees International Limited Revenue by Athletic Footwear and Apparel in
USD Million, 2008-2011
Figure 22: Xtep Revenue from Athletic Footwear and Athletic Apparel in USD Million, 2008-
2011
Figure 23: Kappa Revenue by Athletic Apparel and Footwear in USD Million, 2008-2011
Figure 24: China Population in Million, 2006-2017
Figure 25: China Per-Capita Annual Consumption Expenditure of Households on Clothing in
USD, 2006-2017
Figure 26: China Per-Capita Income of Households in USD, 2006-2017
Figure 27: Asia-Pacific Athletic Apparel and Footwear Market Future Projections on the Basis of
Revenue in USD Million, 2013-2017
Figure 28: NIKE Global Revenue Contribution of Athletic Apparel and Footwear by Asian
Countries in Percentage (%), FY’2012
Figure 29: NIKE Revenue from Athletic Footwear and Apparel in Greater China in USD
Million, FY’2008-FY’2012
Figure 30: NIKE Revenue from Athletic Footwear and Apparel in Japan in USD Million,
FY’2008-FY’2012
Figure 31: Adidas Group Suppliers by Region in Percentage (%), 2011
Figure 32: Adidas Athletic Footwear Production by Region in Percentage (%), 2011

Figure 33: Adidas Athletic Apparel Production by Region in Percentage (%), 2011
Figure 34: Adidas Group Asia Revenue by Athletic Footwear and Athletic Apparel in USD
Million, 2008-2012P

Figure 35: Adidas Group Asia-Pacific Revenue by Athletic Footwear, Athletic Apparel and
Accessories on the Basis of Contribution in Percentage (%), 2012P



                                                                                                              7



                                           © This is a licensed product of Ken Research and should not be copied
Figure 36: Adidas Group Asia-Pacific Revenue by Wholesale, Retail and Other Business on the
Basis of Contribution in Percentage (%), 2012P
Figure 37: Puma Asia-Pacific Revenue from Athletic Footwear and Apparel in USD Million,
2008-2012




                                                                                                            8



                                         © This is a licensed product of Ken Research and should not be copied
LIST OF TABLES
Table 1: Asia-Pacific Athletic Wear Market Segmentation by Athletic Apparel and Footwear on
the Basis of Revenue in USD Million, 2006-2012
Table 2: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of
Contribution in Percentage (%), 2006-2012
Table 3: Asia-Pacific Athletic Footwear Market Segmentation by Geography on the Basis of
Contribution in Percentage (%), 2006-2012
Table 4: China Athletic Wear Market Segmentation by Athletic Apparel and Footwear on the
Basis of Revenue in USD Million, 2006-2012
Table 5: China Athletic Apparel Market Segmentation by Men, Women and Kids on the Basis of
Revenue in USD Million, 2012
Table 6: China Athletic Footwear Market Segmentation by Product Categories on the Basis of
Revenue in USD Million, 2012
Table 7: China Athletic Footwear Market Segmentation by Gender on the Basis of Revenue in
USD Million, 2012

Table 8: China Indoor Athletic Wear Market Size by Swimwear, Fitness Wear and Underwear
on the Basis of Revenue in USD Million, 2007-2012
Table 9: Revenue of Major Players from Athletic Apparel and Footwear in China in USD
Million, 2011
Table 10: Revenue of Major Players from Athletic Apparel in China in USD Million, 2011
Table 11: Revenue of Major Players from Athletic Footwear in China in USD Million, 2011

Table 12: Li-Ning Total Number of Retail Stores Operated in China by Franchised Retail Stores
and Directly Operated Retail Stores on the Basis of Eastern, Northern and Southern Regions,
2009-2011
Table 13: 361 Degree International Limited Number of Units Sold by Athletic Footwear and
Apparels and Accessories on the Basis of Pairs in Thousands, 2008-2011
Table 14: 361 Degree International Limited Average Wholesale Selling Price by Athletic
Footwear and Apparels in USD, 2008-2011

Table 15: Asia-Pacific Athletic Apparel Market Future Projections by Geography on the Basis of
Revenue in USD Million, 2013-2017
                                                                                             9



                                          © This is a licensed product of Ken Research and should not be copied
Table 16: Asia-Pacific Athletic Footwear Market Future Projections by Geography on the Basis
of Revenue in USD Million, 2013-2017
Table 17: Cause and Effect Relationship between Industry Factors and Asia-Pacific Athletic
Apparel and Footwear Industry Prospects
Table 18: Total Number of NIKE Stores in the World in Units, 2011
Table 19: NIKE Brand Wholesale Equivalent Global Revenue by Categories in USD Million,
FY’2012
Table 20: Adidas Production of Athletic Footwear in Million Pairs, 2008-2011
Table 21: Adidas Production of Athletic Apparel in Million Units, 2008-2011

Table 22: Adidas Group Asia –Pacific Research and Development Centers in Asian Countries
Table 23: Adidas Group Global Research and Development Expenditure in USD Million, as a
Percentage (%) of Net Sales and Operating Expenses, 2007-2011
Table 24: Adidas Group Global Revenue by Athletic Footwear, Athletic Apparel and
Accessories in USD Million, 2012
Table 25: PUMA Number of Employees by Geography, 2009-2011

Table 26: Correlation Matrix of China Athletic Apparel and Footwear Market
Table 27: Regression Coefficients Output of the China Athletic Apparel and Footwear Market




                                                                                                           10



                                          © This is a licensed product of Ken Research and should not be copied
ASIA-PACIFIC ATHLETIC WEAR MARKET SIZE BY REVENUE,
2006-2012


BY ATHLETIC APPAREL, 2006-2012


Performance apparel is one of the fastest growing segments of textile industry in Asia-Pacific
region. This can be attributed to rapid changes in the lifestyle…active sports such as aerobics,
athletics, running, cycling, swimming, snowboarding have gained prominence in countries such
as India, China in the last few years. There has been an increase in the range of high tech fabrics
                                                and…
                                          Moreover, China and India have emerged as the
              Active sports such as aerobics, athletics,
              running,        cycling,    low cost outsourcing destination for clothing
                                            swimming,
              snowboarding have gained prominence
                                          manufacturing for the developed economies of
              in countries such as India, China in the
                                          North America and Western Europe in the last
              last few years.             few years… these factors have aided the growth
                                          of athletic apparel market in Asia-Pacific region
which has grown at a CAGR of 7.2% from 2006-2012…
…athletic apparel market in 2012 has recorded a remarkable value of USD ~ million as
compared to USD ~ million in 2006. This was due to an increase in the purchasing power…

Figure: Asia-Pacific Athletic Apparel Market Size by Revenue in USD Million, 2006-2012

                20,000.0
                18,000.0
                16,000.0
                14,000.0
USD Million




                12,000.0
                10,000.0
                 8,000.0
                 6,000.0
                 4,000.0
                 2,000.0
                     0.0
                             2006        2007        2008            2009           2010           2011          2012P


                                                                                                                            11



                                                           © This is a licensed product of Ken Research and should not be copied
ASIA-PACIFIC ATHLETIC WEAR MARKET
SEGMENTATION, 2006-2012


BY GEOGRAPHY, 2006-2012


In Asia-Pacific region, the sports and sport inspired apparel & footwear market has been on an
up rise. Despite a sluggish Japanese market, Asia has several emerging markets such as India and
China soaring….

…impending international sporting events and the consequent increase in the sportswear
penetration in the developed markets in the last few years have shifted the focus towards low
cost manufacturing destinations of India, China, Hong Kong and Indonesia. During 2006-2012,
China and India accounted for the highest growth rates in the market for athletic footwear with
and contributed nearly ~% and ~% to the overall market in 2012…

India has been the smallest contributor to the athletic apparel market and generated revenue
worth USD ~ million during 2011 from the sale of athletic apparels. In 2012, the country’s
contribution inclined further by 0.2% in the overall market and reached ~%...




                                                                                                            12



                                           © This is a licensed product of Ken Research and should not be copied
Figure: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of
Contribution in Percentage (%), 2006-2012

                   100.0%
                   90.0%
                   80.0%
                   70.0%
                   60.0%
 Paercentage (%)




                   50.0%
                   40.0%
                   30.0%
                   20.0%
                   10.0%
                    0.0%
                            2006   2007      2008         2009           2010              2011            2012P

                                     China    Japan       Australia         India          Others

Table: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of
Contribution in Percentage (%), 2006-2012

Countries                   2006     2007       2008              2009              2010            2011       2012P
China
Japan

Australia
India
Others

Total




                                                                                                                   13



                                                © This is a licensed product of Ken Research and should not be copied
CHINA ATHLETIC WEAR MARKET SIZE, 2006-2012


…a combination of government support and promotion of sporting programs for the public,
China’s hosting of international sports events; increasing media exposure and rapid development
of the economy have been the key drivers to sustain double digit growth for China’s sportswear
market beyond 2008…

…regardless of the slowdown in China’s footwear industry during the global economic crisis and
sluggish growth in China’s economy in 4Q2008, the growth pace of the industry remained
positive mainly due to the… consequently with the rising consumption coupled with rapidly
surging purchasing power and popularity of sports among the people in China, the revenue of the
sportswear industry inclined by 23.1% in 2010 and reached USD ~ million during the year.

…the market competition continued to intensify in 2011 as well, as both sports performance
brands and casual brands strive to expand in the Chinese market. During 2011, the
macroeconomic environment in China was…
Overall, the country’s sportswear market has grown at a CAGR of 25.2% from the period 2006-
2012 and the revenue generated by the sale of sportswear in China has risen from USD ~ million
in 2006 to ~ million in 2012.




                                                                                                            14



                                           © This is a licensed product of Ken Research and should not be copied
Figure: China Athletic Wear Market Size by Revenue in USD Million, 2006-2012

              16,000.0

              14,000.0

              12,000.0
USD Million




              10,000.0

               8,000.0

               6,000.0

               4,000.0

               2,000.0

                   0.0
                         2006   2007    2008         2009           2010           2011          2012P




BY ATHLETIC FOOTWEAR, 2006-2012


…this segment of the market has grown at a CAGR of 21.9% from 2006-2012 on account of
innovative designs and models which have gained the preference of the people over the years.

…the Beijing Olympics held in 2008 provided a platform for China’s athletic footwear
manufacturers to increase their brand presence. During 2009, the economic crisis held back the
growth of the market due to financial crunch leading to less demand…

Figure: China Athletic Footwear Market Size by Revenue in USD Million, 2006-2012




                                                                                                           15



                                          © This is a licensed product of Ken Research and should not be copied
8,000.0

              7,000.0

              6,000.0
USD Million




              5,000.0

              4,000.0

              3,000.0

              2,000.0

              1,000.0

                  0.0
                        2006   2007   2008        2009            2010           2011          2012P




CHINA ATHLETIC WEAR MARKET SEGMENTATION



ATHELTIC APPAREL BY GENDER, 2012


The athletic apparel industry in China is majorly held by menswear, womenswear and kidswear.
Menswear has occupied the dominant position in the market in 2012 contributing nearly ~% to
the overall market. Menswear segment of the sportswear in China has grown dynamically over
the years… On the other hand, womenswear contributed nearly ~% to the overall sportswear
market in China….




                                                                                                          16



                                         © This is a licensed product of Ken Research and should not be copied
Figure: China Athletic Apparel Market Segmentation by Men, Women and Kids on the
Basis of Contribution in Percentage (%), 2012




                                                                                       Men




                                                                                       Women




                                                                                       Kids




Table: China Athletic Apparel Market Segmentation by Men, Women and Kids on the
Basis of Revenue in USD Million, 2012

Particulars                                                                         Revenue ( USD Million)
Men
Women

Kids

Total



ATHLETIC FOOTWEAR BY PRODUCT CATEGORIES, 2012


Cross Training shoes have been the largest contributor to the athletic footwear market in China
accounting for a share of nearly ~% in 2012 and generating revenue worth USD ~ million during
the year. This is because cross training footwear…
Running and jogging footwear have been the second largest contributor to the China athletic
footwear market accounting for nearly ~% to the athletic footwear market in the country thereby
generating revenue worth USD ~ million in 2012…



                                                                                                            17



                                           © This is a licensed product of Ken Research and should not be copied
Figure: China Athletic Footwear Market Segmentation by Product Categories on the Basis
of Contribution in Percentage (%), 2012



                                                                              Cross Training



                                                                              Running and Jogging
                                                                              Shoes

                                                                              Basket Ball



                                                                              Skating



                                                                              Indoor Sports footwear
                                                                              and Others


Table: China Athletic Footwear Market Segmentation by Product Categories on the Basis
of Revenue in USD Million, 2012

Athletic Footwear Categories                                                        Revenue( USD Million)
Cross Training
Running and Jogging
Basket Ball

Skating
Indoor Sports and Others
Total




CHINA INDOOR ATHLETIC WEAR MARKET

INDOOR ATHLETIC WEAR MARKET SIZE, 2007-2012



…indoor active wears together share a high degree of similarity in the manufacturing techniques
and consumer group. All three sectors of swimwear, fitness wear and sports underwear

                                                                                                            18



                                           © This is a licensed product of Ken Research and should not be copied
frequently adopt flexible and highly stretchable fibers to produce tight fitting active wear for
people who exercise in fitness gyms and other locations for indoor sports activities, such as
indoor swimming…

The indoor athletic wear market in China has developed rapidly in the recent years growing at a
CAGR of 26.8% from 2007-2012. The revenue generated through the sale of indoor athletic
apparels, footwear and accessories in China was recorded to be USD ~ million in 2011 thus
increasing from USD ~ million in 2006…

Figure: China Indoor Athletic Wear Market Size by Revenue in USD Million, 2007-2012

              800.0

              700.0

              600.0
USD Million




              500.0

              400.0

              300.0

              200.0

              100.0

                0.0
                      2007   2008         2009             2010              2011             2012P




MARKET SHARE OF MAJOR PLAYERS IN CHINA ATHLETIC
WEAR MARKET, 2011


BY ATHLETIC APPAREL, 2011


The athletic apparel market in China is dominated by few major players who contribute around
~% of the total revenue of the market in 2011. Of these, Nike with contribution of ~% leads the
share due to the company’s successful product execution track and a strong brand name…
Adidas is the second largest player with contribution of ~% on account of its widespread sales
network…. Li Ning is the third largest player in athletic apparel market in China with a
contribution of ~% to the total athletic apparel revenue of the country. In IH2012, the domestic
                                                                                             19



                                           © This is a licensed product of Ken Research and should not be copied
market of Li-Ning accounted for nearly ~% of the sales of athletic footwear and apparel and the
rest is contributed by international market…

Figure: Market Share of Major Players in China Athletic Apparel Market by Revenue in
Percentage (%), 2011

                                                                                     Nike

                                                                                     Adidas

                                                                                     Anta Sports

                                                                                     Li Ning

                                                                                     Xtep

                                                                                     Peak

                                                                                     361 Degree

                                                                                     Kappa

                                                                                     Others


Table: Revenue of Major Players from Athletic Apparel in China in USD Million, 2011

Major Players                                                                 Revenue (USD Million), 2011
Nike

Adidas
Li Ning
Anta Sports

Xtep
Peak
361 Degree
Kappa
Others
Total




                                                                                                            20



                                           © This is a licensed product of Ken Research and should not be copied
CHINA ATHLETIC APPAREL AND FOOTWEAR MARKET FUTURE
OUTLOOK AND PROJECTIONS, 2013-2017


…is expected that consistently high levels of inflationary pressure will affect consumer
sentiment thereby, hindering the growth in domestic consumption…

While the near term outlook for the sportswear industry in China remains…a few emerging
trends in the industry in the future:

   •   Rationalization of sportswear industry in China: It involves aggressive promotion
       activities to clear excessive inventory, restructuring of retail channels, elimination of
       small competitors out of the industry are expected to continue in the short term.
   •
   •

However, the long term growth potential of the industry remains optimistic of sportswear market
in China. For the swimwear market sector, rising standards of living and increasing urbanization
in China are expected to be the primary drivers in the next five years…

Although the Chinese sportswear industry is facing numerous challenges, several sportswear
brands with clear brand positioning, effective sales management and… are expected to be able to
seize market opportunities in the near future along with striving to be the market leader…
The athletic apparel revenue in the country will reach USD ~ million in 2014 from USD ~
million in 2011 and will further rise by ~% and ~% in 2016 and 2017 respectively to reach USD
~ million in 2017…




                                                                                                            21



                                           © This is a licensed product of Ken Research and should not be copied
Figure: China Athletic Apparel and Footwear Market Future Projections on the Basis of
Revenue in USD Million, 2013-2017

              20,000.0
              18,000.0
              16,000.0
              14,000.0
USD Million




              12,000.0
              10,000.0
               8,000.0
               6,000.0
               4,000.0
               2,000.0
                   0.0
                         2013     2014                2015                  2016                 2017
                                Atheltic Apparel     Atheltic Footwear




                                                                                                             22



                                            © This is a licensed product of Ken Research and should not be copied
DISCLAIMER


The research reports provided by Ken Research are for the personal information of the
authorized recipient and is not for public distribution and should not be reproduced or
redistributed without prior permission. You are permitted to print or download extracts from this
material for your personal use only. None of this material may be used for any commercial or
public use.

The information provided in the research documents is from publicly available data and other
sources, which are reliable. Efforts are made to try and ensure accuracy of data. With respect to
documents available, neither the company nor any of its employees makes any warranty, express
or implied, including the warranties of merchantability and fitness for a particular purpose, or
assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any
information, apparatus, product, or process disclosed, or represents that its use will not infringe
privately owned rights.
The report also includes analysis and views expressed by our research team. The research reports
are purely for information purposes. The opinions expressed are our current opinions as of the
date appearing in the material and may be subject to change from time to time without notice.
Investors should not solely rely on the information contained in the research documents and must
make investment decisions based on their own investment objectives, risk profile and financial
position. The recipients of this material should take their own professional advice before acting
on this information.
Ken Research will not accept returns of reports once dispatched due to the confidentiality of
information provided in our reports. In case, a report qualify for return, we will issue a credit,
minus shipping charges, of equal value to the original purchase price, toward a future purchase—
no refunds. The decision about whether the product return can be accepted or not is solely at our
discretion. Any dispute will be subject to laws of India and exclusive jurisdiction of Indian
Courts.




No part of this manual or any material appearing may be reproduced, stored in or transmitted
on any other Web site without written permission of Ken Research and any payments of a
specified fee. Requests to republish any material may be sent to us.


                                                                                                              23



                                             © This is a licensed product of Ken Research and should not be copied

More Related Content

Viewers also liked

Nike Internal Analysis
Nike Internal AnalysisNike Internal Analysis
Nike Internal Analysisnbowman86
 
International Entrepreneurship - Entry Mode Strategies
International Entrepreneurship - Entry Mode StrategiesInternational Entrepreneurship - Entry Mode Strategies
International Entrepreneurship - Entry Mode StrategiesSenthilKumar Mukund
 
Assignment%20#1 under armour pest industry analysis
Assignment%20#1 under armour pest industry analysisAssignment%20#1 under armour pest industry analysis
Assignment%20#1 under armour pest industry analysisBrian Teufel
 
Nike competitive analysis
Nike competitive analysisNike competitive analysis
Nike competitive analysisKhalid Hossain
 
Modes of Entry into International Business
Modes of Entry into International BusinessModes of Entry into International Business
Modes of Entry into International BusinessPrathamesh Parab
 

Viewers also liked (7)

Nike Internal Analysis
Nike Internal AnalysisNike Internal Analysis
Nike Internal Analysis
 
International Entrepreneurship - Entry Mode Strategies
International Entrepreneurship - Entry Mode StrategiesInternational Entrepreneurship - Entry Mode Strategies
International Entrepreneurship - Entry Mode Strategies
 
Nike- Strategic analysis
Nike- Strategic analysisNike- Strategic analysis
Nike- Strategic analysis
 
Assignment%20#1 under armour pest industry analysis
Assignment%20#1 under armour pest industry analysisAssignment%20#1 under armour pest industry analysis
Assignment%20#1 under armour pest industry analysis
 
Nike competitive analysis
Nike competitive analysisNike competitive analysis
Nike competitive analysis
 
Athletic Shoes Industry
Athletic Shoes IndustryAthletic Shoes Industry
Athletic Shoes Industry
 
Modes of Entry into International Business
Modes of Entry into International BusinessModes of Entry into International Business
Modes of Entry into International Business
 

More from Ankur Gupta

Spurt in Investments in Biotech and Breeding Research Expected To Result In H...
Spurt in Investments in Biotech and Breeding Research Expected To Result In H...Spurt in Investments in Biotech and Breeding Research Expected To Result In H...
Spurt in Investments in Biotech and Breeding Research Expected To Result In H...Ankur Gupta
 
South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...
South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...
South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...Ankur Gupta
 
Japan Insurance Market Largely Driven By Ageing Population: Ken Research
Japan Insurance Market Largely Driven By Ageing Population: Ken ResearchJapan Insurance Market Largely Driven By Ageing Population: Ken Research
Japan Insurance Market Largely Driven By Ageing Population: Ken ResearchAnkur Gupta
 
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...Ankur Gupta
 
Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...
Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...
Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...Ankur Gupta
 
Advanta India Limited Expanding International Presence via Extensive Research...
Advanta India Limited Expanding International Presence via Extensive Research...Advanta India Limited Expanding International Presence via Extensive Research...
Advanta India Limited Expanding International Presence via Extensive Research...Ankur Gupta
 
India Tire Industry to Reach USD 22,393.6 Million By 2017: Ken Research
India Tire Industry to Reach USD 22,393.6 Million By 2017: Ken ResearchIndia Tire Industry to Reach USD 22,393.6 Million By 2017: Ken Research
India Tire Industry to Reach USD 22,393.6 Million By 2017: Ken ResearchAnkur Gupta
 
China Tire industry to reach USD 3,28,461 million by 2017: Ken Research
China Tire industry to reach USD 3,28,461 million by 2017: Ken ResearchChina Tire industry to reach USD 3,28,461 million by 2017: Ken Research
China Tire industry to reach USD 3,28,461 million by 2017: Ken ResearchAnkur Gupta
 
Asia Tire industry to reach USD 406,431.1 million by 2017
Asia Tire industry to reach USD 406,431.1 million by 2017Asia Tire industry to reach USD 406,431.1 million by 2017
Asia Tire industry to reach USD 406,431.1 million by 2017Ankur Gupta
 
The India Paints industry to reach USD 12,430 million by 2017: Ken Research
The India Paints industry to reach USD 12,430 million by 2017: Ken ResearchThe India Paints industry to reach USD 12,430 million by 2017: Ken Research
The India Paints industry to reach USD 12,430 million by 2017: Ken ResearchAnkur Gupta
 
Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...
Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...
Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...Ankur Gupta
 
Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...
Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...
Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...Ankur Gupta
 
Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...
Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...
Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...Ankur Gupta
 
The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...
The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...
The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...Ankur Gupta
 
India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...
India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...
India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...Ankur Gupta
 
Europe organic food and beverages industry outlook to 2016 sample report
Europe organic food and beverages industry outlook to 2016  sample reportEurope organic food and beverages industry outlook to 2016  sample report
Europe organic food and beverages industry outlook to 2016 sample reportAnkur Gupta
 
The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...
The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...
The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...Ankur Gupta
 
Asia pacific organic food and beverages industry outlook to 2016- sample report
Asia pacific organic food and beverages industry outlook to 2016- sample reportAsia pacific organic food and beverages industry outlook to 2016- sample report
Asia pacific organic food and beverages industry outlook to 2016- sample reportAnkur Gupta
 

More from Ankur Gupta (18)

Spurt in Investments in Biotech and Breeding Research Expected To Result In H...
Spurt in Investments in Biotech and Breeding Research Expected To Result In H...Spurt in Investments in Biotech and Breeding Research Expected To Result In H...
Spurt in Investments in Biotech and Breeding Research Expected To Result In H...
 
South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...
South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...
South Korea Insurance Market Driven by Traditional Distribution Channel: Ken ...
 
Japan Insurance Market Largely Driven By Ageing Population: Ken Research
Japan Insurance Market Largely Driven By Ageing Population: Ken ResearchJapan Insurance Market Largely Driven By Ageing Population: Ken Research
Japan Insurance Market Largely Driven By Ageing Population: Ken Research
 
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...
 
Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...
Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...
Maharashtra Hybrid Seeds Company Limited Expanding Indian Agriculture to Diff...
 
Advanta India Limited Expanding International Presence via Extensive Research...
Advanta India Limited Expanding International Presence via Extensive Research...Advanta India Limited Expanding International Presence via Extensive Research...
Advanta India Limited Expanding International Presence via Extensive Research...
 
India Tire Industry to Reach USD 22,393.6 Million By 2017: Ken Research
India Tire Industry to Reach USD 22,393.6 Million By 2017: Ken ResearchIndia Tire Industry to Reach USD 22,393.6 Million By 2017: Ken Research
India Tire Industry to Reach USD 22,393.6 Million By 2017: Ken Research
 
China Tire industry to reach USD 3,28,461 million by 2017: Ken Research
China Tire industry to reach USD 3,28,461 million by 2017: Ken ResearchChina Tire industry to reach USD 3,28,461 million by 2017: Ken Research
China Tire industry to reach USD 3,28,461 million by 2017: Ken Research
 
Asia Tire industry to reach USD 406,431.1 million by 2017
Asia Tire industry to reach USD 406,431.1 million by 2017Asia Tire industry to reach USD 406,431.1 million by 2017
Asia Tire industry to reach USD 406,431.1 million by 2017
 
The India Paints industry to reach USD 12,430 million by 2017: Ken Research
The India Paints industry to reach USD 12,430 million by 2017: Ken ResearchThe India Paints industry to reach USD 12,430 million by 2017: Ken Research
The India Paints industry to reach USD 12,430 million by 2017: Ken Research
 
Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...
Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...
Large Pool of the First Time Buyers to Give Meteoric Growth to the Asian Digi...
 
Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...
Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...
Australia Athletic Apparel and Footwear Industry to reach USD 1.7 billion by ...
 
Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...
Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...
Asia Pacific Athletic Apparel and Footwear Industry to reach USD 58.6 billion...
 
The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...
The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...
The US Video Game Industry Outlook to 2017 - Transition from Console to Onlin...
 
India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...
India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...
India Mosquito Nets Market Outlook to FY'2014 - Government Initiatives toward...
 
Europe organic food and beverages industry outlook to 2016 sample report
Europe organic food and beverages industry outlook to 2016  sample reportEurope organic food and beverages industry outlook to 2016  sample report
Europe organic food and beverages industry outlook to 2016 sample report
 
The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...
The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...
The US Eyecare Industry Outlook to 2017 - Lenses Segment Continues to Maintai...
 
Asia pacific organic food and beverages industry outlook to 2016- sample report
Asia pacific organic food and beverages industry outlook to 2016- sample reportAsia pacific organic food and beverages industry outlook to 2016- sample report
Asia pacific organic food and beverages industry outlook to 2016- sample report
 

Recently uploaded

Personal Brand Exploration - By Bradley Dennis
Personal Brand Exploration - By Bradley DennisPersonal Brand Exploration - By Bradley Dennis
Personal Brand Exploration - By Bradley Dennisjocksofalltradespodc
 
Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...
Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...
Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...World Wide Tickets And Hospitality
 
08448380779 Call Girls In IIT Women Seeking Men
08448380779 Call Girls In IIT Women Seeking Men08448380779 Call Girls In IIT Women Seeking Men
08448380779 Call Girls In IIT Women Seeking MenDelhi Call girls
 
Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...
Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...
Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...Eticketing.co
 
08448380779 Call Girls In Karol Bagh Women Seeking Men
08448380779 Call Girls In Karol Bagh Women Seeking Men08448380779 Call Girls In Karol Bagh Women Seeking Men
08448380779 Call Girls In Karol Bagh Women Seeking MenDelhi Call girls
 
Sports Writing (Rules,Tips, Examples, etc)
Sports Writing (Rules,Tips, Examples, etc)Sports Writing (Rules,Tips, Examples, etc)
Sports Writing (Rules,Tips, Examples, etc)CMBustamante
 
Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...
Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...
Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...World Wide Tickets And Hospitality
 
ALL NFL NETWORK CONTACTS- April 29, 2024
ALL NFL NETWORK CONTACTS- April 29, 2024ALL NFL NETWORK CONTACTS- April 29, 2024
ALL NFL NETWORK CONTACTS- April 29, 2024Brian Slack
 
WhatsApp Chat: 📞 8617697112 Birbhum Call Girl available for hotel room package
WhatsApp Chat: 📞 8617697112 Birbhum  Call Girl available for hotel room packageWhatsApp Chat: 📞 8617697112 Birbhum  Call Girl available for hotel room package
WhatsApp Chat: 📞 8617697112 Birbhum Call Girl available for hotel room packageNitya salvi
 
Trossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docx
Trossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docxTrossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docx
Trossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docxEuro Cup 2024 Tickets
 
Who Is Emmanuel Katto Uganda? His Career, personal life etc.
Who Is Emmanuel Katto Uganda? His Career, personal life etc.Who Is Emmanuel Katto Uganda? His Career, personal life etc.
Who Is Emmanuel Katto Uganda? His Career, personal life etc.Marina Costa
 
🔝|97111༒99012🔝 Call Girls In {Delhi} Cr Park ₹5.5k Cash Payment With Room De...
🔝|97111༒99012🔝 Call Girls In  {Delhi} Cr Park ₹5.5k Cash Payment With Room De...🔝|97111༒99012🔝 Call Girls In  {Delhi} Cr Park ₹5.5k Cash Payment With Room De...
🔝|97111༒99012🔝 Call Girls In {Delhi} Cr Park ₹5.5k Cash Payment With Room De...Diya Sharma
 
Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...
Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...
Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...baharayali
 
Unveiling the Mystery of Main Bazar Chart
Unveiling the Mystery of Main Bazar ChartUnveiling the Mystery of Main Bazar Chart
Unveiling the Mystery of Main Bazar ChartChart Kalyan
 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...Health
 
08448380779 Call Girls In Lajpat Nagar Women Seeking Men
08448380779 Call Girls In Lajpat Nagar Women Seeking Men08448380779 Call Girls In Lajpat Nagar Women Seeking Men
08448380779 Call Girls In Lajpat Nagar Women Seeking MenDelhi Call girls
 
Slovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docx
Slovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docxSlovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docx
Slovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docxWorld Wide Tickets And Hospitality
 
Ramban Escorts ☎️8617697112 Starting From 5K to 15K High Profile Escorts In...
Ramban  Escorts ☎️8617697112  Starting From 5K to 15K High Profile Escorts In...Ramban  Escorts ☎️8617697112  Starting From 5K to 15K High Profile Escorts In...
Ramban Escorts ☎️8617697112 Starting From 5K to 15K High Profile Escorts In...Nitya salvi
 
08448380779 Call Girls In International Airport Women Seeking Men
08448380779 Call Girls In International Airport Women Seeking Men08448380779 Call Girls In International Airport Women Seeking Men
08448380779 Call Girls In International Airport Women Seeking MenDelhi Call girls
 
Technical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics Trade
Technical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics TradeTechnical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics Trade
Technical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics TradeOptics-Trade
 

Recently uploaded (20)

Personal Brand Exploration - By Bradley Dennis
Personal Brand Exploration - By Bradley DennisPersonal Brand Exploration - By Bradley Dennis
Personal Brand Exploration - By Bradley Dennis
 
Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...
Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...
Spain Vs Italy 20 players confirmed for Spain's Euro 2024 squad, and three po...
 
08448380779 Call Girls In IIT Women Seeking Men
08448380779 Call Girls In IIT Women Seeking Men08448380779 Call Girls In IIT Women Seeking Men
08448380779 Call Girls In IIT Women Seeking Men
 
Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...
Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...
Croatia vs Italy Euro Cup 2024 Three pitfalls for Spalletti’s Italy in Group ...
 
08448380779 Call Girls In Karol Bagh Women Seeking Men
08448380779 Call Girls In Karol Bagh Women Seeking Men08448380779 Call Girls In Karol Bagh Women Seeking Men
08448380779 Call Girls In Karol Bagh Women Seeking Men
 
Sports Writing (Rules,Tips, Examples, etc)
Sports Writing (Rules,Tips, Examples, etc)Sports Writing (Rules,Tips, Examples, etc)
Sports Writing (Rules,Tips, Examples, etc)
 
Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...
Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...
Spain Vs Albania- Spain at risk of being thrown out of Euro 2024 with Tournam...
 
ALL NFL NETWORK CONTACTS- April 29, 2024
ALL NFL NETWORK CONTACTS- April 29, 2024ALL NFL NETWORK CONTACTS- April 29, 2024
ALL NFL NETWORK CONTACTS- April 29, 2024
 
WhatsApp Chat: 📞 8617697112 Birbhum Call Girl available for hotel room package
WhatsApp Chat: 📞 8617697112 Birbhum  Call Girl available for hotel room packageWhatsApp Chat: 📞 8617697112 Birbhum  Call Girl available for hotel room package
WhatsApp Chat: 📞 8617697112 Birbhum Call Girl available for hotel room package
 
Trossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docx
Trossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docxTrossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docx
Trossard's Message Bridging Celebrities and Sports in Euro Cup 2024.docx
 
Who Is Emmanuel Katto Uganda? His Career, personal life etc.
Who Is Emmanuel Katto Uganda? His Career, personal life etc.Who Is Emmanuel Katto Uganda? His Career, personal life etc.
Who Is Emmanuel Katto Uganda? His Career, personal life etc.
 
🔝|97111༒99012🔝 Call Girls In {Delhi} Cr Park ₹5.5k Cash Payment With Room De...
🔝|97111༒99012🔝 Call Girls In  {Delhi} Cr Park ₹5.5k Cash Payment With Room De...🔝|97111༒99012🔝 Call Girls In  {Delhi} Cr Park ₹5.5k Cash Payment With Room De...
🔝|97111༒99012🔝 Call Girls In {Delhi} Cr Park ₹5.5k Cash Payment With Room De...
 
Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...
Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...
Asli Kala jadu, Black magic specialist in Pakistan Or Kala jadu expert in Egy...
 
Unveiling the Mystery of Main Bazar Chart
Unveiling the Mystery of Main Bazar ChartUnveiling the Mystery of Main Bazar Chart
Unveiling the Mystery of Main Bazar Chart
 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
 
08448380779 Call Girls In Lajpat Nagar Women Seeking Men
08448380779 Call Girls In Lajpat Nagar Women Seeking Men08448380779 Call Girls In Lajpat Nagar Women Seeking Men
08448380779 Call Girls In Lajpat Nagar Women Seeking Men
 
Slovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docx
Slovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docxSlovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docx
Slovenia Vs Serbia UEFA Euro 2024 Fixture Guide Every Fixture Detailed.docx
 
Ramban Escorts ☎️8617697112 Starting From 5K to 15K High Profile Escorts In...
Ramban  Escorts ☎️8617697112  Starting From 5K to 15K High Profile Escorts In...Ramban  Escorts ☎️8617697112  Starting From 5K to 15K High Profile Escorts In...
Ramban Escorts ☎️8617697112 Starting From 5K to 15K High Profile Escorts In...
 
08448380779 Call Girls In International Airport Women Seeking Men
08448380779 Call Girls In International Airport Women Seeking Men08448380779 Call Girls In International Airport Women Seeking Men
08448380779 Call Girls In International Airport Women Seeking Men
 
Technical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics Trade
Technical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics TradeTechnical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics Trade
Technical Data | Sig Sauer Easy6 BDX 1-6x24 | Optics Trade
 

China Athletic Apparel and Footwear Industry to reach USD 32 billion by 2017: Ken Research

  • 1. 1 © This is a licensed product of Ken Research and should not be copied
  • 2. TABLE OF CONTENTS 1. Asia-Pacific Athletic Apparel and Footwear Industry Introduction 1.1. Asia-Pacific Athletic Wear Market Size by Revenue, 2006-2012 1.1.1. By Athletic Apparel, 2006-2012 1.1.2. By Athletic Footwear, 2006-2012 2. Asia-Pacific Athletic Wear Market Segmentation, 2006-2012 2.1. By Athletic Apparel and Footwear, 2006-2012 2.2. By Geography, 2006-2012 3. China Athletic Apparel and Footwear Industry Introduction 3.1. China Athletic Wear Market Size, 2006-2012 3.1.1. By Athletic Apparel, 2006-2012 3.1.2. By Athletic Footwear, 2006-2012 3.2. China Athletic Wear Market Segmentation 3.2.1. By Athletic Apparel and Footwear, 2006-2012 3.2.2. Atheltic Apparel by Gender, 2012 3.2.3. Athletic Footwear By Product Categories, 2012 3.2.4. Athletic Footwear by Gender, 2012 3.2.5. China Indoor Athletic Wear Market 3.2.5.1. Indoor Athletic Wear Market Size, 2007-2012 3.2.5.2. Indoor Athletic Wear Market Segmentation, 2007- 2012 3.3. China Athletic Apparel and Footwear Industry: Trends and Developments Increasing Sports Participation The Post Olympics Effect: Leading to a Slowdown in Demand Emerging Fashion Trends in Sports Industry 3.4. Market Share of Major Players in China Athletic Wear Market, 2011 3.4.1. By Athletic Apparel, 2011 2 © This is a licensed product of Ken Research and should not be copied
  • 3. 3.4.2. By Atheltic Footwear, 2011 3.5. China Athletic Apparel and Footwear Market Future Outlook and Projections, 2013- 2017 3.6. Company Profiles of Major Domestic Players in China Athletic Apparel and Footwear Market 3.6.1. Anta Sports Products Ltd. 3.6.1.1. Company Overview 3.6.1.2. Business Strategy 3.6.1.3. Financial Performance, 2008-2011 3.6.2. Li-Ning 3.6.2.1. Company Overview 3.6.2.2. Business Strategy 3.6.2.3. Financial Performance, 2008-2011 3.6.3. 361 Degrees International Limited 3.6.3.1. Company Overview 3.6.3.2. Business Strategy 3.6.3.3. Financial Performance, 2008-2011 3.6.4. Xtep International Ltd. 3.6.4.1. Company Overview 3.6.4.2. Business Strategy 3.6.4.3. Financial Performance, 2008-2011 3.6.5. Kappa 3.6.5.1. Company Overview 3.6.5.2. Business Strategy Enhancing Creativity in Design and Development Optimizing Sales Channels 3.6.5.3. Financial Performance, 2008-2011 3.7. Macro-Economic Factors of China Athletic Apparel and Footwear Industry, 2006-2017 3.7.1. Population, 2006-2017 3 © This is a licensed product of Ken Research and should not be copied
  • 4. 3.7.2. Per Capita Annual Consumption Expenditure on Clothing, 2006-2017 3.7.3. Per Capita Income of Households, 2006-2017 4. Asia-Pacific Athletic Apparel and Footwear Market Future Outlook and Projections, 2013- 2017 4.1. By Geography, 2013-2017 4.2. Cause and Effect Relationship Between Industry Factors and the Asia-Pacific Athletic Apparel and Footwear Market Prospects 5. Major International Players in Asia-Pacific Athletic Apparel and Footwear Market 5.1. NIKE 5.1.1. Company Overview 5.1.2. Business Strategy 5.1.3. Financial Performance, FY’2008-FY’2012 5.2. Adidas Group 5.2.1. Company Overview 5.2.2. Business Strategy 5.2.3. Financial Performance, 2008-2012 5.3. PUMA 5.3.1. Company Overview 5.3.2. Business Strategy 5.3.3. Financial Performance, 2008-2012 6. Appendix 6.1. Market Definitions 6.2. Abbreviations 6.3. Research Methodolgy Data Collection Methods Approach Variables (Dependent and Independent) 4 © This is a licensed product of Ken Research and should not be copied
  • 5. Multi Factor Based Sensitivity Model (SPSS Analysis) Final Conclusion 6.4. Disclaimer 5 © This is a licensed product of Ken Research and should not be copied
  • 6. LIST OF FIGURES Figure 1: Asia-Pacific Athletic Apparel Market Size by Revenue in USD Million, 2006-2012 Figure 2: Asia-Pacific Athletic Footwear Market Size by Revenue in USD Million, 2006-2012 Figure 3: Asia Pacific Sportswear Market Segmentation by Athletic Apparel and Athletic Footwear on the Basis of Contribution in Percentage (%), 2006-2012 Figure 4: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of Contribution in Percentage (%), 2006-2012 Figure 5: Asia-Pacific Athletic Footwear Market Segmentation by Geography on the Basis of Contribution in Percentage (%), 2006-2012 Figure 6: China Athletic Wear Market Size by Revenue in USD Million, 2006-2012 Figure 7: China Athletic Apparel Market Size by Revenue in USD Million, 2006-2012 Figure 8: China Athletic Footwear Market Size by Revenue in USD Million, 2006-2012 Figure 9: China Athletic Wear Market Segmentation by Athletic Footwear and Athletic Apparel on the Basis of Contribution in Percentage (%), 2006-2012 Figure 10: China Athletic Apparel Market Segmentation by Men, Women and Kids on the Basis of Contribution in Percentage (%), 2012 Figure 11: China Athletic Footwear Market Segmentation by Product Categories on the Basis of Contribution in Percentage (%), 2012 Figure 12: China Athletic Footwear Market Segmentation by Gender on the Basis of Contribution in Percentage (%), 2012 Figure 13: China Indoor Athletic Wear Market Size by Revenue in USD Million, 2007-2012 Figure 14: China Indoor Athletic Wear Market Segmentation by Swimwear, Fitness wear and Underwear on the Basis of Contribution in Percentage (%), 2007-2012 Figure 15: Market Share of Major Players in China Athletic Wear Market by Revenue in Percentage (%), 2011 Figure 16: Market Share of Major Players in China Athletic Apparel Market by Revenue in Percentage (%), 2011 Figure 17: Market Share of Major Players in Athletic Footwear Market in China by Revenue in Percentage (%), 2011 6 © This is a licensed product of Ken Research and should not be copied
  • 7. Figure 18: China Athletic Apparel and Footwear Market Future Projections on the Basis of Revenue in USD Million, 2013-2017 Figure 19: Anta Sports Products Revenue by Athletic Footwear and Apparel in USD Million, 2006-2011 Figure 20: Li-Ning Revenue from Athletic Apparels and Footwear in USD Million, 2008-2011 Figure 21: 361 Degrees International Limited Revenue by Athletic Footwear and Apparel in USD Million, 2008-2011 Figure 22: Xtep Revenue from Athletic Footwear and Athletic Apparel in USD Million, 2008- 2011 Figure 23: Kappa Revenue by Athletic Apparel and Footwear in USD Million, 2008-2011 Figure 24: China Population in Million, 2006-2017 Figure 25: China Per-Capita Annual Consumption Expenditure of Households on Clothing in USD, 2006-2017 Figure 26: China Per-Capita Income of Households in USD, 2006-2017 Figure 27: Asia-Pacific Athletic Apparel and Footwear Market Future Projections on the Basis of Revenue in USD Million, 2013-2017 Figure 28: NIKE Global Revenue Contribution of Athletic Apparel and Footwear by Asian Countries in Percentage (%), FY’2012 Figure 29: NIKE Revenue from Athletic Footwear and Apparel in Greater China in USD Million, FY’2008-FY’2012 Figure 30: NIKE Revenue from Athletic Footwear and Apparel in Japan in USD Million, FY’2008-FY’2012 Figure 31: Adidas Group Suppliers by Region in Percentage (%), 2011 Figure 32: Adidas Athletic Footwear Production by Region in Percentage (%), 2011 Figure 33: Adidas Athletic Apparel Production by Region in Percentage (%), 2011 Figure 34: Adidas Group Asia Revenue by Athletic Footwear and Athletic Apparel in USD Million, 2008-2012P Figure 35: Adidas Group Asia-Pacific Revenue by Athletic Footwear, Athletic Apparel and Accessories on the Basis of Contribution in Percentage (%), 2012P 7 © This is a licensed product of Ken Research and should not be copied
  • 8. Figure 36: Adidas Group Asia-Pacific Revenue by Wholesale, Retail and Other Business on the Basis of Contribution in Percentage (%), 2012P Figure 37: Puma Asia-Pacific Revenue from Athletic Footwear and Apparel in USD Million, 2008-2012 8 © This is a licensed product of Ken Research and should not be copied
  • 9. LIST OF TABLES Table 1: Asia-Pacific Athletic Wear Market Segmentation by Athletic Apparel and Footwear on the Basis of Revenue in USD Million, 2006-2012 Table 2: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of Contribution in Percentage (%), 2006-2012 Table 3: Asia-Pacific Athletic Footwear Market Segmentation by Geography on the Basis of Contribution in Percentage (%), 2006-2012 Table 4: China Athletic Wear Market Segmentation by Athletic Apparel and Footwear on the Basis of Revenue in USD Million, 2006-2012 Table 5: China Athletic Apparel Market Segmentation by Men, Women and Kids on the Basis of Revenue in USD Million, 2012 Table 6: China Athletic Footwear Market Segmentation by Product Categories on the Basis of Revenue in USD Million, 2012 Table 7: China Athletic Footwear Market Segmentation by Gender on the Basis of Revenue in USD Million, 2012 Table 8: China Indoor Athletic Wear Market Size by Swimwear, Fitness Wear and Underwear on the Basis of Revenue in USD Million, 2007-2012 Table 9: Revenue of Major Players from Athletic Apparel and Footwear in China in USD Million, 2011 Table 10: Revenue of Major Players from Athletic Apparel in China in USD Million, 2011 Table 11: Revenue of Major Players from Athletic Footwear in China in USD Million, 2011 Table 12: Li-Ning Total Number of Retail Stores Operated in China by Franchised Retail Stores and Directly Operated Retail Stores on the Basis of Eastern, Northern and Southern Regions, 2009-2011 Table 13: 361 Degree International Limited Number of Units Sold by Athletic Footwear and Apparels and Accessories on the Basis of Pairs in Thousands, 2008-2011 Table 14: 361 Degree International Limited Average Wholesale Selling Price by Athletic Footwear and Apparels in USD, 2008-2011 Table 15: Asia-Pacific Athletic Apparel Market Future Projections by Geography on the Basis of Revenue in USD Million, 2013-2017 9 © This is a licensed product of Ken Research and should not be copied
  • 10. Table 16: Asia-Pacific Athletic Footwear Market Future Projections by Geography on the Basis of Revenue in USD Million, 2013-2017 Table 17: Cause and Effect Relationship between Industry Factors and Asia-Pacific Athletic Apparel and Footwear Industry Prospects Table 18: Total Number of NIKE Stores in the World in Units, 2011 Table 19: NIKE Brand Wholesale Equivalent Global Revenue by Categories in USD Million, FY’2012 Table 20: Adidas Production of Athletic Footwear in Million Pairs, 2008-2011 Table 21: Adidas Production of Athletic Apparel in Million Units, 2008-2011 Table 22: Adidas Group Asia –Pacific Research and Development Centers in Asian Countries Table 23: Adidas Group Global Research and Development Expenditure in USD Million, as a Percentage (%) of Net Sales and Operating Expenses, 2007-2011 Table 24: Adidas Group Global Revenue by Athletic Footwear, Athletic Apparel and Accessories in USD Million, 2012 Table 25: PUMA Number of Employees by Geography, 2009-2011 Table 26: Correlation Matrix of China Athletic Apparel and Footwear Market Table 27: Regression Coefficients Output of the China Athletic Apparel and Footwear Market 10 © This is a licensed product of Ken Research and should not be copied
  • 11. ASIA-PACIFIC ATHLETIC WEAR MARKET SIZE BY REVENUE, 2006-2012 BY ATHLETIC APPAREL, 2006-2012 Performance apparel is one of the fastest growing segments of textile industry in Asia-Pacific region. This can be attributed to rapid changes in the lifestyle…active sports such as aerobics, athletics, running, cycling, swimming, snowboarding have gained prominence in countries such as India, China in the last few years. There has been an increase in the range of high tech fabrics and… Moreover, China and India have emerged as the Active sports such as aerobics, athletics, running, cycling, low cost outsourcing destination for clothing swimming, snowboarding have gained prominence manufacturing for the developed economies of in countries such as India, China in the North America and Western Europe in the last last few years. few years… these factors have aided the growth of athletic apparel market in Asia-Pacific region which has grown at a CAGR of 7.2% from 2006-2012… …athletic apparel market in 2012 has recorded a remarkable value of USD ~ million as compared to USD ~ million in 2006. This was due to an increase in the purchasing power… Figure: Asia-Pacific Athletic Apparel Market Size by Revenue in USD Million, 2006-2012 20,000.0 18,000.0 16,000.0 14,000.0 USD Million 12,000.0 10,000.0 8,000.0 6,000.0 4,000.0 2,000.0 0.0 2006 2007 2008 2009 2010 2011 2012P 11 © This is a licensed product of Ken Research and should not be copied
  • 12. ASIA-PACIFIC ATHLETIC WEAR MARKET SEGMENTATION, 2006-2012 BY GEOGRAPHY, 2006-2012 In Asia-Pacific region, the sports and sport inspired apparel & footwear market has been on an up rise. Despite a sluggish Japanese market, Asia has several emerging markets such as India and China soaring…. …impending international sporting events and the consequent increase in the sportswear penetration in the developed markets in the last few years have shifted the focus towards low cost manufacturing destinations of India, China, Hong Kong and Indonesia. During 2006-2012, China and India accounted for the highest growth rates in the market for athletic footwear with and contributed nearly ~% and ~% to the overall market in 2012… India has been the smallest contributor to the athletic apparel market and generated revenue worth USD ~ million during 2011 from the sale of athletic apparels. In 2012, the country’s contribution inclined further by 0.2% in the overall market and reached ~%... 12 © This is a licensed product of Ken Research and should not be copied
  • 13. Figure: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of Contribution in Percentage (%), 2006-2012 100.0% 90.0% 80.0% 70.0% 60.0% Paercentage (%) 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% 2006 2007 2008 2009 2010 2011 2012P China Japan Australia India Others Table: Asia-Pacific Athletic Apparel Market Segmentation by Geography on the Basis of Contribution in Percentage (%), 2006-2012 Countries 2006 2007 2008 2009 2010 2011 2012P China Japan Australia India Others Total 13 © This is a licensed product of Ken Research and should not be copied
  • 14. CHINA ATHLETIC WEAR MARKET SIZE, 2006-2012 …a combination of government support and promotion of sporting programs for the public, China’s hosting of international sports events; increasing media exposure and rapid development of the economy have been the key drivers to sustain double digit growth for China’s sportswear market beyond 2008… …regardless of the slowdown in China’s footwear industry during the global economic crisis and sluggish growth in China’s economy in 4Q2008, the growth pace of the industry remained positive mainly due to the… consequently with the rising consumption coupled with rapidly surging purchasing power and popularity of sports among the people in China, the revenue of the sportswear industry inclined by 23.1% in 2010 and reached USD ~ million during the year. …the market competition continued to intensify in 2011 as well, as both sports performance brands and casual brands strive to expand in the Chinese market. During 2011, the macroeconomic environment in China was… Overall, the country’s sportswear market has grown at a CAGR of 25.2% from the period 2006- 2012 and the revenue generated by the sale of sportswear in China has risen from USD ~ million in 2006 to ~ million in 2012. 14 © This is a licensed product of Ken Research and should not be copied
  • 15. Figure: China Athletic Wear Market Size by Revenue in USD Million, 2006-2012 16,000.0 14,000.0 12,000.0 USD Million 10,000.0 8,000.0 6,000.0 4,000.0 2,000.0 0.0 2006 2007 2008 2009 2010 2011 2012P BY ATHLETIC FOOTWEAR, 2006-2012 …this segment of the market has grown at a CAGR of 21.9% from 2006-2012 on account of innovative designs and models which have gained the preference of the people over the years. …the Beijing Olympics held in 2008 provided a platform for China’s athletic footwear manufacturers to increase their brand presence. During 2009, the economic crisis held back the growth of the market due to financial crunch leading to less demand… Figure: China Athletic Footwear Market Size by Revenue in USD Million, 2006-2012 15 © This is a licensed product of Ken Research and should not be copied
  • 16. 8,000.0 7,000.0 6,000.0 USD Million 5,000.0 4,000.0 3,000.0 2,000.0 1,000.0 0.0 2006 2007 2008 2009 2010 2011 2012P CHINA ATHLETIC WEAR MARKET SEGMENTATION ATHELTIC APPAREL BY GENDER, 2012 The athletic apparel industry in China is majorly held by menswear, womenswear and kidswear. Menswear has occupied the dominant position in the market in 2012 contributing nearly ~% to the overall market. Menswear segment of the sportswear in China has grown dynamically over the years… On the other hand, womenswear contributed nearly ~% to the overall sportswear market in China…. 16 © This is a licensed product of Ken Research and should not be copied
  • 17. Figure: China Athletic Apparel Market Segmentation by Men, Women and Kids on the Basis of Contribution in Percentage (%), 2012 Men Women Kids Table: China Athletic Apparel Market Segmentation by Men, Women and Kids on the Basis of Revenue in USD Million, 2012 Particulars Revenue ( USD Million) Men Women Kids Total ATHLETIC FOOTWEAR BY PRODUCT CATEGORIES, 2012 Cross Training shoes have been the largest contributor to the athletic footwear market in China accounting for a share of nearly ~% in 2012 and generating revenue worth USD ~ million during the year. This is because cross training footwear… Running and jogging footwear have been the second largest contributor to the China athletic footwear market accounting for nearly ~% to the athletic footwear market in the country thereby generating revenue worth USD ~ million in 2012… 17 © This is a licensed product of Ken Research and should not be copied
  • 18. Figure: China Athletic Footwear Market Segmentation by Product Categories on the Basis of Contribution in Percentage (%), 2012 Cross Training Running and Jogging Shoes Basket Ball Skating Indoor Sports footwear and Others Table: China Athletic Footwear Market Segmentation by Product Categories on the Basis of Revenue in USD Million, 2012 Athletic Footwear Categories Revenue( USD Million) Cross Training Running and Jogging Basket Ball Skating Indoor Sports and Others Total CHINA INDOOR ATHLETIC WEAR MARKET INDOOR ATHLETIC WEAR MARKET SIZE, 2007-2012 …indoor active wears together share a high degree of similarity in the manufacturing techniques and consumer group. All three sectors of swimwear, fitness wear and sports underwear 18 © This is a licensed product of Ken Research and should not be copied
  • 19. frequently adopt flexible and highly stretchable fibers to produce tight fitting active wear for people who exercise in fitness gyms and other locations for indoor sports activities, such as indoor swimming… The indoor athletic wear market in China has developed rapidly in the recent years growing at a CAGR of 26.8% from 2007-2012. The revenue generated through the sale of indoor athletic apparels, footwear and accessories in China was recorded to be USD ~ million in 2011 thus increasing from USD ~ million in 2006… Figure: China Indoor Athletic Wear Market Size by Revenue in USD Million, 2007-2012 800.0 700.0 600.0 USD Million 500.0 400.0 300.0 200.0 100.0 0.0 2007 2008 2009 2010 2011 2012P MARKET SHARE OF MAJOR PLAYERS IN CHINA ATHLETIC WEAR MARKET, 2011 BY ATHLETIC APPAREL, 2011 The athletic apparel market in China is dominated by few major players who contribute around ~% of the total revenue of the market in 2011. Of these, Nike with contribution of ~% leads the share due to the company’s successful product execution track and a strong brand name… Adidas is the second largest player with contribution of ~% on account of its widespread sales network…. Li Ning is the third largest player in athletic apparel market in China with a contribution of ~% to the total athletic apparel revenue of the country. In IH2012, the domestic 19 © This is a licensed product of Ken Research and should not be copied
  • 20. market of Li-Ning accounted for nearly ~% of the sales of athletic footwear and apparel and the rest is contributed by international market… Figure: Market Share of Major Players in China Athletic Apparel Market by Revenue in Percentage (%), 2011 Nike Adidas Anta Sports Li Ning Xtep Peak 361 Degree Kappa Others Table: Revenue of Major Players from Athletic Apparel in China in USD Million, 2011 Major Players Revenue (USD Million), 2011 Nike Adidas Li Ning Anta Sports Xtep Peak 361 Degree Kappa Others Total 20 © This is a licensed product of Ken Research and should not be copied
  • 21. CHINA ATHLETIC APPAREL AND FOOTWEAR MARKET FUTURE OUTLOOK AND PROJECTIONS, 2013-2017 …is expected that consistently high levels of inflationary pressure will affect consumer sentiment thereby, hindering the growth in domestic consumption… While the near term outlook for the sportswear industry in China remains…a few emerging trends in the industry in the future: • Rationalization of sportswear industry in China: It involves aggressive promotion activities to clear excessive inventory, restructuring of retail channels, elimination of small competitors out of the industry are expected to continue in the short term. • • However, the long term growth potential of the industry remains optimistic of sportswear market in China. For the swimwear market sector, rising standards of living and increasing urbanization in China are expected to be the primary drivers in the next five years… Although the Chinese sportswear industry is facing numerous challenges, several sportswear brands with clear brand positioning, effective sales management and… are expected to be able to seize market opportunities in the near future along with striving to be the market leader… The athletic apparel revenue in the country will reach USD ~ million in 2014 from USD ~ million in 2011 and will further rise by ~% and ~% in 2016 and 2017 respectively to reach USD ~ million in 2017… 21 © This is a licensed product of Ken Research and should not be copied
  • 22. Figure: China Athletic Apparel and Footwear Market Future Projections on the Basis of Revenue in USD Million, 2013-2017 20,000.0 18,000.0 16,000.0 14,000.0 USD Million 12,000.0 10,000.0 8,000.0 6,000.0 4,000.0 2,000.0 0.0 2013 2014 2015 2016 2017 Atheltic Apparel Atheltic Footwear 22 © This is a licensed product of Ken Research and should not be copied
  • 23. DISCLAIMER The research reports provided by Ken Research are for the personal information of the authorized recipient and is not for public distribution and should not be reproduced or redistributed without prior permission. You are permitted to print or download extracts from this material for your personal use only. None of this material may be used for any commercial or public use. The information provided in the research documents is from publicly available data and other sources, which are reliable. Efforts are made to try and ensure accuracy of data. With respect to documents available, neither the company nor any of its employees makes any warranty, express or implied, including the warranties of merchantability and fitness for a particular purpose, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use will not infringe privately owned rights. The report also includes analysis and views expressed by our research team. The research reports are purely for information purposes. The opinions expressed are our current opinions as of the date appearing in the material and may be subject to change from time to time without notice. Investors should not solely rely on the information contained in the research documents and must make investment decisions based on their own investment objectives, risk profile and financial position. The recipients of this material should take their own professional advice before acting on this information. Ken Research will not accept returns of reports once dispatched due to the confidentiality of information provided in our reports. In case, a report qualify for return, we will issue a credit, minus shipping charges, of equal value to the original purchase price, toward a future purchase— no refunds. The decision about whether the product return can be accepted or not is solely at our discretion. Any dispute will be subject to laws of India and exclusive jurisdiction of Indian Courts. No part of this manual or any material appearing may be reproduced, stored in or transmitted on any other Web site without written permission of Ken Research and any payments of a specified fee. Requests to republish any material may be sent to us. 23 © This is a licensed product of Ken Research and should not be copied