With an aim to offer a differentiated shopping experience that can compete with the best in the world, Playmart India Pvt ltd., has launched an online one-stop market place (www.playmart.in) for sports goods, apparels and accessories. The online market place provides a myriad range of sports goods, fitness products, toys and games handpicked from the best of manufacturers and global brands in the world. Speaking on the occasion on Monday, Managing Director of Playmart India, Amit Narang said, “While a lot has happened in the last couple of years, a lot more is yet to happen in the e-commerce space. It is the first and an exclusive online market place of its kind for sports goods and toys in India. With the increase in the disposable incomes in India, engagement in recreational activities like Sports and Fitness has grown manifold recently. The current size of Sports and Toys market together is roughly around $5 billion and it is estimated that by 2020, it will touch $15 billion, registering a CAGR of 30-35 per cent over the next five to six years. The Sports industry is still unorganized and there is a huge potential that is untapped here.”
“Moreover, we see Playmart.in emerging as the most admired player in online sports goods business within the next three years. Along with our online store, we also plan to launch 50 physical stores for Sports goods by end of 2017.”