India Sneaker Market

Market Overview:

India sneaker market size is projected to exhibit a growth rate (CAGR) of 6.20% during 2024-2032. The rising consumer preference towards footwear that offer style, comfort, and functionality is primarily driving the market growth across the country.

Sneakers, commonly utilized for outdoor activities, are typically crafted from canvas and feature a rubber sole. The sole, known for its flexibility, is constructed using materials like leather, synthetic fabrics, and mesh, processed through specialized machinery. Sneakers find widespread use in physical pursuits such as running, walking, engaging in sports, and as everyday casual footwear. Engineered to furnish support and cushioning during a variety of activities, these shoes are usually fashioned from breathable materials. They are commonly paired with casual attire like jeans or shorts. Sneakers play a crucial role in injury prevention, offering ankle support to prevent twists and rolls. They boast features such as excellent traction and support for the arch, heel, and toe, reducing the risk of slips and falls. Beyond their utilitarian aspects, sneakers have become a staple in fashion, seamlessly blending functionality with style in various lifestyle contexts.

India Sneaker Market Trends:

The sneakers market in India is experiencing a remarkable surge, fueled by shifting consumer preferences, increased emphasis on fitness, and the growing influence of athleisure in fashion. Key factors driving the growth of the sneakers market in India include the rising awareness of a healthy lifestyle, a surge in fitness consciousness, and a cultural shift towards more comfortable and versatile footwear. Moreover, major international and domestic footwear brands have recognized the evolving trends and are actively contributing to the expansion of the Indian sneakers market. The market offers a diverse range of sneakers, catering to various consumer segments, from performance-driven athletic footwear to stylish and trendy casual wear. Besides this, sneakers are now paired with not just activewear but also with casual and even semi-formal outfits, reflecting a broader cultural shift towards comfort-centric fashion. As the population across the country continues to embrace a more active lifestyle and the athleisure trend gains momentum, the sneakers market is expected to witness sustained growth in the coming years.

India Sneaker Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, category, price point, distribution channel, and end user.

Product Type Insights:

• Low-Top Sneakers
• Mid-Top Sneakers
• High-Top Sneakers
   

The report has provided a detailed breakup and analysis of the market based on the product type. This includes low-top sneakers, mid-top sneakers, and high-top sneakers.

Category Insights:

• Branded
• Private Label
   

A detailed breakup and analysis of the market based on the category have also been provided in the report. This includes branded and private label.

Price Point Insights:

• Luxury
• Economic
   

The report has provided a detailed breakup and analysis of the market based on the price point. This includes luxury and economic.

Distribution Channel Insights:

• Specialty Stores
• Supermarkets and Hypermarkets
• Brand Outlets
• Online Stores
• Others
   

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes specialty stores, supermarkets and hypermarkets, brand outlets, online stores, and others.

End User Insights:

• Men
• Women
• Kids
   

The report has provided a detailed breakup and analysis of the market based on the end user. This includes men, women, and kids.

Regional Insights:

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

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Sneaker Market Report Coverage:

Key Questions Answered in This Report:

• How has the India sneaker market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the India sneaker market?
• What is the breakup of the India sneaker market on the basis of product type?
• What is the breakup of the India sneaker market on the basis of category?
• What is the breakup of the India sneaker market on the basis of price point?
• What is the breakup of the India sneaker market on the basis of distribution channel?
• What is the breakup of the India sneaker market on the basis of end user?
• What are the various stages in the value chain of the India sneaker market? 
• What are the key driving factors and challenges in the India sneaker?
• What is the structure of the India sneaker market and who are the key players?
• What is the degree of competition in the India sneaker market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India sneaker market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India sneaker market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India sneaker industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.