India Sports Team And Clubs Market Size
| 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
*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 Market Trends
Cricket Leading Sports Team and Club Market In India
Among the global comparisons, the Board of Cricket Control of India (BCCI) exists as the largest revenue-generating cricket council globally with revenue existing at USD 405 Million last year. Over the years cricket clubs in India have observed a significant rise in India with the expanding market of the Indian Premier League globally with a total of 10 teams currently.
Currently, India Ranks 1 in the global men's test countries worldwide with a rating of 121, resulting in a significant increase in funding and promotion by the government as well as the private sector, resulting in a total of 53 International cricket venues in India which is the largest globally.
Increase In Advertisement Revenue Driving Sports Team And Club Market
India's digital Ads revenue had observed a significant rise over the years rising to a level of USD 500 Billion last year with this media spending in Sports observed a continuous increase reaching USD 60 Billion last year. All India Football Federation out of its total revenue generated 61% of its revenue through marketing rights.
With a continuous rise in sports revenue in India, the generation of revenue through advertisement is also observing a significant increase. Last year Sports events in India generated total revenue of USD 0.9 Billion. Recently held IPL witnessed significant growth in advertising revenue of INR 10,120 crore of this, the Board of Control for Cricket in India (BCCI), franchise owners, and broadcasters directly earned 65%, while the remaining was earned indirectly.
India Sports Team And Clubs Industry Overview
India's Sports Team and Club Market is fragmented with only a few sports leading, the market share of the Sports team and Club Market is Fragmented. Over the years sports other than cricket have emerged in the market but still, it's a long journey for them to get an increasing market share with various clubs and teams.
Existing popular Clubs, such as Barcelona, Manchester United, Arsenal, Liverpool, etc., now have centers across India to capitalize on the rising demand. Homegrown BBFA is observing an increase in operational locations across India.
India Sports Team And Clubs Market Leaders
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Royal Challenger Bangalore
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Chennai Super Kings
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Chennaiyin FC
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Avalanche Motorsports
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Meco Motorsports
*Disclaimer: Major Players sorted in no particular order
India Sports Team And Clubs Market News
- In August 2023, BigHit partnered with FC Bayern as their official regional partner in India. This collaboration marks a significant milestone for Indian football, opening doors for aspiring players and bridging the gap between Indian and international teams. BigHit is a sports app designed for the entirety of the sporting community, and FC Bayern is one of Europe's biggest and most successful sports clubs.
- On March 2023, Indian Premier League cricket club Mumbai Indians, owned by Reliance Industries, acquired Major League Cricket side, MI New York. The MI New York will be the fifth franchise after Mumbai Indians (IPL), MI Cape Town (SA20), MI Emirates (ILT20), and Mumbai Indians (WPL), in three different continents, four different countries, and five different leagues.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rise In Sports Advertisement and Marketing Revenue
4.2.2 Rising spectators for different sports in India
4.3 Market Restraints
4.3.1 Market Expansion concentrated to few sports in India
4.3.2 Government and Private investment limited to certain sports
4.4 Market Opportunities
4.4.1 Increase in partnership with global clubs encouraging new sports.
4.4.2 Promotion of National and International leagues on different sports in India.
4.5 Industry Attractiveness - Porters' Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Trends Influencing India Sports Team And Club Market
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Types
5.1.1 Spectator Sports
5.1.2 Participatory Sports
5.2 By Spectator Sports
5.2.1 Sports teams and Club
5.2.2 Racing and Individual Sports
5.3 By Participatory Sports
5.3.1 Golf Courses & Country Clubs
5.3.2 Skiing Facility
5.3.3 Fitness and Recreational Sports Centre
5.3.4 Others
5.4 By Revenue Source
5.4.1 Media Rights
5.4.2 Merchandising
5.4.3 Tickets
5.4.4 Sponsorship
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Royal Challenger Bangalore
6.2.2 Chennai Super Kings
6.2.3 Chennaiyin FC
6.2.4 Bengaluru FC
6.2.5 Bombay Presidency Golf club
6.2.6 Hockey India
6.2.7 Avalanche Motorsports
6.2.8 Basketball Federation of India
6.2.9 Meco Motorsports
6.2.10 Indore Tennis Club*
- *List Not Exhaustive
7. FUTURE OF THE MARKET
8. DISCLAIMER AND ABOUT US
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 |
Frequently Asked Questions
What is the current India Sports Team And Clubs Market size?
The India Sports Team And Clubs Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)
Who are the key players in India Sports Team And Clubs Market?
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.
What years does this India Sports Team And Clubs Market cover?
The report covers the India Sports Team And Clubs Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the India Sports Team And Clubs Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
India Sports Team And Clubs Industry Report
Statistics for the 2024 India Sports Team And Clubs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Sports Team And Clubs analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
