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Netscribes latest market research report titled Footwear Market in India 2014 places its focus on India, which is the worlds second largest exporter and the third largest consumer of footwear. It analyzes the different types of footwear, such as leather footwear, rubber footwear, polymer footwear, canvas footwear and textile footwear. Major footwear production centers are located in Chennai, Mumbai, Kanpur, Jalandhar, Delhi, Ludhiana and Kolkata. Unorganized sector dominates the footwear market, but the organized sector is growing rapidly and is fast narrowing the gap. Presently, casual footwear commands the largest market share, followed by mass footwear, premium footwear and sports footwear.
Since the opening of Foreign Direct Investment (FDI) in retail, the footwear market has seen the entry of several international players. On the other hand, domestic players have expanded their presence throughout the country. Several players have also made India their sourcing and manufacturing hub for global operations. Boom in online retail has enabled footwear companies to showcase their entire collection at one place and target consumers from all over the country at minimum cost. The growth in Indian footwear market has been fuelled by the increase in disposable income, growing consumption in rural segment, growing export of leather footwear, rise in organized retail, changing lifestyle of consumers, increasing availability of credit, rise in awareness about health and fitness, and increasing penetration of mass media. However, players are also facing challenges such as competition from unorganized segment, price sensitivity of buyers, depreciation of Rupee and rise in energy costs.
Coverage
Overview of the global footwear market, historical and forecasted market size data over FY 2013 to FY 2018e and Indias share in global footwear exports
Overview of the Indian footwear market, historical and forecasted market size data over FY 2013 to FY 2023e, market structure of organized and unorganized segments, and market segmentation based on mens, womens and kids footwear
Analysis of the various segments of the footwear market based on type of footwear and price of footwear
Export-import data of footwear products
Qualitative analysis of market drivers and challenges in the footwear market
Qualitative analysis of government initiatives in the footwear market
Qualitative analysis of key trends developing in the market
Analysis of the competitive landscape and detailed profiles of major players
Strategic recommendations to players in the footwear market for achieving greater success and long-term survival
Why Buy
Get a clear understanding of historical development, current market situation and future growth prospects of the footwear market in India
Develop strategies for marketing, market-entry, market expansion, as well as other business strategies
Gain a complete picture of the technological advancements in the sector and take decisions accordingly so as to have an edge over competitors
Position yourself to gain maximum advantage by strategizing business models with a complete understanding of the business structures and strategies of competitors
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