Competitive intelligence of the industry highlights the business practices followed by leading Indian Footwear market players across various regions.
Portland, OR -- (SBWIRE) -- 09/11/2017 -- Footwear refers to the form of attire worn on the feet to protect from environmental effects to ease locomotion, and prevent injuries. At present, footwear is used as a fashion purpose and to enhance the overall appearance. Furthermore, vendors have focused on developing fashionable footwear with comfort, style, and enhanced performance to cater to the consumer needs. (indian footwear industry 2017)
The Indian footwear market is driven by increase in fashion consciousness among the young generation and growing consumer's preference to match their daily outfits with their footwear. In addition, rise in health concerns motivate people to perform indoor & outdoor physical activities, which fuel the demand for athletic shoes. However, high cost associated with raw materials and increase in production of duplicate footwear products by local manufacturers hamper the market growth. The presence of counterfeit products in the industry hinders its growth. Conversely, increase in demand for fancy & comfortable footwear is expected to provide various opportunities for the market growth. (indian footwear industry statistics 2017)
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The Indian footwear market is segmented based on type, mode of sale, material, and geography. Based on type, it is bifurcated into athletic, and non-athletic. On the basis of mode of sale, it is classified into retail sales and online sales. Based on material, it is categorized as leather and non-leather. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. (indian footwear market size 2016)
- The report includes an extensive analysis of the factors that drive as well as restrain the Indian footwear market.
- The factors affecting the market growth and projections from 2014 to 2022 are included in the report.
- The report provides quantitative & qualitative trends to assist stakeholders to understand the situations prevailing in the market.
The key players profiled in the report include Bata India Limited, Liberty Shoes Limited, Paragon Group, Relaxo Footwears Limited, Adidas AG, PUMA, Geox S.p.A., Skechers USA, Incorporation, Nike Incorporation, and Under Armour Inc. (footwear market in india 2017)
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Indian Footwear Market by Type
Mode of Sale
- Retail Sales
- Online Sales
- North America
o Rest of Europe
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