Footwear Market In India (2018-2023)


Posted September 5, 2019 by shraddhaaark

The Indian footwear market is segmented by end user-wise sales, and type-wise market segmentation in which casual footwear contributes chiefly to the total revenue.

 
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The Indian footwear market is dominated by unorganized players but as consumer preference and buying behavior is changing, organized retail players are making space for themselves in the market. Of the total footwear produced, ~90% are consumed within the country while the remaining ~10% are exported mainly to the European nations which include the United Kingdom (UK), Germany, Italy and France.

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Key growth factors

Increase in disposable income and per capita income has revolutionized the consumers’ buying and spending pattern towards apparel and footwear. A greater proportion of the overall Indian population, which includes tier I and II cities as well as smaller towns, now have considerably higher spending power, as a result of which, expansion of the footwear market is gaining mass momentum.

The emergence of organized retail and e-tailing plays a major role in the development of the Indian footwear market. The modern retailing has resulted in increased accessibility, evaluation of a large number of alternatives, and special offers and discounts to attract customers.

Major players

Khadim India Limited
Liberty Shoes Limited
Relaxo Footwear Limited
Sreeleather Limited
Bata India Limited
Adidas India Private Limited

key highlights

1. Overview of the Indian footwear market
2. Historical, current and forecasted market size data for the Indian footwear market (2017 to 2023)
3. Qualitative analysis of the Indian footwear market and its segments (end-user wise sales, organized vs unorganized split, material wise segmentation, type-wise market segmentation)
4. Trade analysis of the footwear market in India
5. Qualitative analysis of the major drivers and challenges affecting the market
6. Analysis of the competitive landscape and profiles of major players operating in the market
7. Key recent developments associated with the footwear market in India

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Tags footwear market , footwear market in india , india footwear market , india footwear market forecast , india footwear market research report
Last Updated September 5, 2019