Overview

India’s export market for knitted tracksuits has exhibited remarkable growth, with a CAGR of 33.68% from 2016 to 2023. Export values surged from $4.2 million in 2016 to an estimated $31.7 million in 2023, showcasing India’s growing prominence in the global sportswear and athleisure segment. Germany and Italy stand out as India’s largest importers, while emerging markets like Tanzania and the USA hold future potential.

Germany has emerged as the largest importer of Indian knitted tracksuits, with a CAGR of 104.62%. Exports grew exponentially from $0.1 million in 2016 to an estimated $13.8 million in 2023, capturing a 43.57% market share. This growth reflects the rising demand for Indian tracksuits, particularly for their cost-efficiency and quality.

With a CAGR of 49.28%, Italy is India’s second-largest importer, accounting for a 26.04% market share. Exports increased from $0.5 million in 2016 to $8.3 million in 2023, showcasing strong demand for Indian-made tracksuits driven by India’s focus on sustainable and fashionable textiles. Exports to Tanzania showed steady growth with a CAGR of 10.19%, reaching $1.1 million in 2023. Tanzania holds a 3.35% market share, underlining the potential of Indian tracksuits in emerging African markets.