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The India footwear market is currently witnessing steady growth. 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. On account of these factors, the market is expected to exhibit steady growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the india footwear market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product, material, distribution channel, pricing and end use.
Breakup by Product:
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Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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