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India Footwear Market to Grow at CAGR of XX% During 2022-2027, Impelled by Rising Popularity of Fast Fashion

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India Footwear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India footwear market is expected to exhibit a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Footwear is worn for providing comfort and protection to the feet. It is usually made of materials like wood, canvas, jute, rubber, plastics and leather. Over the years, footwear has evolved as a symbol of luxury and class due to the premiumization and innovation in quality. In India, with the changing fashion and aesthetic trends, consumers are now preferring to purchase footwear with advanced technical fabrications, which provide maximum comfort with a wide variety of quality and styles. They are also available for both athletic and non-athletic purposes, due to which their demand is gaining immense traction in the country.

India represents one of the largest markets for footwear. This can be attributed to the rapid urbanization and industrialization, which has resulted in the increasing demand for formal, casual, athletic and fashion footwear. Besides this, the increasing globalization has led to the establishment of popular footwear brands across the country. Additionally, the growing penetration of e-commerce retail platforms, supported by easy and uninterrupted internet access, is contributing to the market growth. The online shopping experience provides consumers with a wide range of products to choose from with easy payment options, which, in turn, is creating a positive outlook for the market. Furthermore, the rising health awareness, escalating demand for sports and athletic footwear and increasing consumer expenditure capacities are driving the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India footwear market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product, material, distribution channel, pricing and end user.

Breakup by Product:

  • Non-Athletic Footwear
  • Athletic Footwear
     

Breakup by Material:

  • Rubber
  • Leather
  • Plastic
  • Fabric
  • Others
     

Breakup by Distribution Channel:

  • Footwear Specialists
  • Online Sales
  • Supermarkets and Hypermarkets
  • Departmental Stores
  • Clothing Stores
  • Others
     

Breakup by Pricing:

  • Premium
  • Mass
     

Breakup by End User:

  • Men
  • Women
  • Kids
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product, Material, Distribution Channel, Pricing, End User, Region
Region Covered  North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   India Footwear Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product
    6.1    Non-Athletic Footwear
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Athletic Footwear
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Material
    7.1    Rubber
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Leather
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Plastic
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Fabric
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Footwear Specialists
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Online Sales
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Supermarkets and Hypermarkets
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Departmental Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Clothing Stores
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by Pricing
    9.1    Premium
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Mass
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Market Breakup by End User
    10.1    Men
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Women
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Kids
        10.3.1 Market Trends
        10.3.2 Market Forecast
11  Market Breakup by Region
    11.1    North India
        11.1.1 Market Trends
        11.1.2 Market Breakup by State
        11.1.3 Market Forecast
    11.2    West and Central India
        11.2.1 Market Trends
        11.2.2 Market Breakup by State
        11.2.3 Market Forecast
    11.3    South India 
        11.3.1 Market Trends
        11.3.2 Market Breakup by State
        11.3.3 Market Forecast
    11.4    East India
        11.4.1 Market Trends
        11.4.2 Market Breakup by State
        11.4.3 Market Forecast
12  SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13  Value Chain Analysis
14  Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15  Price Analysis
16  Policy and Regulatory Landscape
17  Competitive Landscape
    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players

List of Figures

Figure 1: India: Footwear Market: Major Drivers and Challenges
Figure 2: India: Footwear Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Footwear Market: Breakup by Product (in %), 2021
Figure 5: India: Footwear Market: Breakup by Material (in %), 2021
Figure 6: India: Footwear Market: Breakup by Distribution Channel (in %), 2021
Figure 7: India: Footwear Market: Breakup by Pricing (in %), 2021
Figure 8: India: Footwear Market: Breakup by End User (in %), 2021
Figure 9: India: Footwear Market: Breakup by Region (in %), 2021
Figure 10: India: Footwear (Non-Athletic Footwear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Footwear (Non-Athletic Footwear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Footwear (Athletic Footwear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: India: Footwear (Athletic Footwear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Footwear (Rubber) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Footwear (Rubber) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Footwear (Leather) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Footwear (Leather) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Footwear (Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Footwear (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Footwear (Fabric) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Footwear (Fabric) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Footwear (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Footwear (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: India: Footwear (Footwear Specialists) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: India: Footwear (Footwear Specialists) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Footwear (Online Sales) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Footwear (Online Sales) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: India: Footwear (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: India: Footwear (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: India: Footwear (Departmental Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: India: Footwear (Departmental Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: India: Footwear (Clothing Stores) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: India: Footwear (Clothing Stores) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: India: Footwear (Other Distribution Channels) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: India: Footwear (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: India: Footwear (Premium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: India: Footwear (Premium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: India: Footwear (Mass) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: India: Footwear (Mass) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Footwear (Men) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Footwear (Men) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Footwear (Women) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Footwear (Women) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Footwear (Kids) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Footwear (Kids) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: North India: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: North India: Footwear Market: Breakup by State (in %), 2021
Figure 48: North India: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: West and Central India: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: West and Central India: Footwear Market: Breakup by State (in %), 2021
Figure 51: West and Central India: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: South India: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: South India: Footwear Market: Breakup by State (in %), 2021
Figure 54: South India: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: East India: Footwear Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: East India: Footwear Market: Breakup by State (in %), 2021
Figure 57: East India: Footwear Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: India: Footwear Industry: SWOT Analysis
Figure 59: India: Footwear Industry: Value Chain Analysis
Figure 60: India: Footwear Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Footwear Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Footwear Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: India: Footwear Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: India: Footwear Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: India: Footwear Market Forecast: Breakup by Pricing (in Million US$), 2022-2027
Table 6: India: Footwear Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 7: India: Footwear Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: India: Footwear Market: Competitive Structure
Table 9: India: Footwear Market: Key Players


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Key Questions Answered in This Report

The India footwear market was valued at US$ 13.45 Billion in 2021.

We expect the India footwear market to exhibit a CAGR of 12.65% during 2022-2027.

Continuous evolution in fashion trends, coupled with the growing demand for superior quality footwear, that are comfortable and fashionable, is primarily driving the India footwear market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of footwear across the nation.

Based on the product, the India footwear market can be categorized into non-athletic and athletic footwear, where non-athletic footwear currently accounts for the majority of the total market share.

Based on the material, the India footwear market has been segregated into rubber, leather, plastic, fabric, and others. Among these, leather holds the largest market share.

Based on the end user, the India footwear market can be bifurcated into men, women, and kids. Currently, women exhibit a clear dominance in the market.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where South India currently dominates the India footwear market.

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