India Footwear Market 2019: Growing at a CAGR of 4.5% in the Period 2017-2023, the Market is Projected to Reach USD 320.44 Billion

DUBLIN, July 26, 2019 /PRNewswire/ -- The "A Study of India's Footwear Market 2019" report has been added to ResearchAndMarkets.com's offering.

In 2017, the global footwear market size was approximately USD 246.07 billion.

The report highlights the key dynamics of India's footwear market. The growing opportunity in the sector has been investigated along with the market drivers. The initiatives and performance of key players including Bata, Future Group, Relaxo Footwears Limited, Liberty Shoes Limited, Nike, Inc., Adidas AG and Puma. has been examined. The current market scenario has also been studied. The report contains the latest opinions of industry leaders.

The footwear industry is one of the most rapidly expanding industries globally. Increasing demand for new and innovative footwear and the emergence of various global as well as regional brands across segments in the category is primarily driving the market. Innovative and trendy footwear is being consistently manufactured by leading market players due to advancement in the footwear manufacturing process, technological innovations, and development of new material.

India is globally the second largest footwear producer after China. India's footwear production accounts for approximately 9% of the global annual production of 22 billion pair as compared to China which produces over 60%. Key production centres in the country include Kanpur and Agra in Uttar Pradesh, Ranipet, Vaniyambadi and Ambur in Tamil Nadu. The sector is fragmented and close to 75% production comes from the unorganised sector including very small, small and medium enterprises

With the expanding market, the needs of the consumers are also fast changing. Rapid urbanization, higher disposable incomes and greater penetration of media have led to changing fashion needs of the consumers. The footwear industry in India is highly labour intensive and currently employs close to three million people. Out of this, almost 30% are women.

As per a report released by the Department of Industrial Policy and Promotion, the sector has the capacity to generate 250 jobs for every investment of INR 1 crore. People are demanding more and more designs and variations in footwear. Bespoke footwear is a fast emerging category and the number of footwear designers is increasing in the country. While online sales of footwear have increased manifold over the past five years, players are convinced that brick and mortar stores in the category play a strong role.

Key Topics Covered:

1. Analyst Opinion

2. Global Footwear Market
2.1 Overview
2.2 Market Performance & Statistics

3. India Footwear Market
3.1 Overview
3.2 Market Performance & Statistics
3.2.1 Production
3.2.2 Consumption
3.2.3 Export
3.2.4 Athletic Footwear Segment
3.2.5 Premium Footwear Segment
3.3 Market Drivers
3.4 Challenges
3.5 Impact of GST on the Footwear Sector
3.6 Union Budget 2018
3.7 Industry Outlook
3.8 Industry Speak
3.9 Competitive Landscape
3.9.1 Bata
3.9.2 Relaxo Footwears Limited
3.9.3 Liberty Shoes Limited
3.9.4 Future Group
3.9.5 Nike, Inc.
3.9.6 Adidas AG
3.9.7 Puma

4. List of Charts and Graphs
4.1 Global Leading Footwear Consumers by Country (%, 2015)
4.2 Global Sports Shoe Market, by Retail Sales Value (USD Billion, 2010-2016)
4.3 Global Revenue of Key Sports Footwear Market Player, (USD Billion, 2010-2015)
4.4 Key Players Market Share in Athletic Footwear Industry (%, 2015)
4.5 Global Footwear Sales (USD Billion, 2013-2018 E)
4.6 Global Leading 10 Footwear Consumers by Country (2016, in million pairs)
4.7 India Footwear Market by Type (%, 2015)
4.8 India Footwear Market by Type (%, FY 2016)
4.9 India Footwear Market by Type (%, FY 2020E)
4.10 India Footwear Market by Segment (%, 2017)
4.11 Footwear Penetration Level in Total Organized Retail (%, FY12, FY16 & FY 20E)
4.12 Revenue of Footwear Manufacturing in India (2008-2018P, USD Million)
4.13 India Footwear Market Value (2011-2015, USD Million)
4.14 India Footwear Exports (2010-2016, USD Million)
4.15 India Footwear Export by Country (%, 2016-2017)

5. Research Methodology

Companies Mentioned

• Adidas AG
• Bata
• Future Group
• Liberty Shoes Limited
• Nike Inc.
• Puma
• Relaxo Footwears Limited

For more information about this report visit https://www.researchandmarkets.com/r/d2ymtj

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

http://www.researchandmarkets.com