2018 Study of India’s Footwear Market - Featuring Bata, Relaxo Footwears, Liberty Shoes, Paragon, Nike, Adidas and Puma - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 4, 2018--The “A Study of India’s Footwear Market 2018” report has been added to ResearchAndMarkets.com’s offering.
In 2017, the global footwear market size was approximately USD 246.07 billion. Growing at a CAGR of 4.5% in the period 2017-2023, the market is projected to reach USD 320.44 billion by the end of the forecast period.
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 pairs 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.
Over the past decade, India has been witnessing a rising trend of consumer orientation towards health and wellness. The rapid urbanization is responsible for a hectic lifestyle which has led to rise in the incidence of lifestyle diseases.
Voluntarily and mandated by their physicians, the consumers have become more health conscious and have imbibed various physical activities into their lifestyle. The incidence of indulging in sporting activities has also increased. This has led to an increase in spending on sportswear by the adult population in metro and larger cities in India.
The coming up of international schools with state of the art sports infrastructure has led to greater consumption of sportswear by the school going population.
Key Topics Covered
1. Global Footwear Market
1.2 Market Performance & Statistics
2. India Footwear Market
2.2 Market Performance & Statistics
2.3 Market Drivers
2.5 Impact of GST on the Footwear Sector
2.6 Competitive Landscape
2.6.2 Relaxo Footwears Limited
2.6.3 Liberty Shoes Limited
2.6.5 Nike, Inc.
2.6.6 Adidas AG
3. Industry Outlook
4. Industry Speak
For more information about this report visit https://www.researchandmarkets.com/research/ccpw5t/2018_study_of?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005537/en/
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KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: RETAIL FASHION
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/04/2018 06:55 AM/DISC: 12/04/2018 06:55 AM