India Apparel and Footwear Market Overview: 2023-28

Base Year: 2022

Historical Years: 2018-21

Forecast Years: 2023-28

The India Apparel and Footwear Market is projected to grow at a CAGR of around 11.28% during the forecast period, i.e., 2023-28. The apparel and footwear sector includes the production, distribution, and sale of clothing & footwear products. Apparels consist of clothing items like shirts, pants, dresses, jackets, etc., which range from everyday casual wear to fashionable & athletic wear. Footwear refers to the products like shoes, sandals, boots, sneakers, etc., that have been used for a long time to provide comfort & protection to the feet. In the apparel and footwear market, trends and fashion are constantly changing, and companies have been evolving to adapt quickly in order to stay relevant & meet the needs of consumers.

Markntel Advisor’s India Apparel and Footwear Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, India Apparel And Footwear Market Drivers, Barriers, India Apparel And Footwear Market Trends, And Key Players In India Apparel And Footwear Market.

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India Apparel and Footwear Market Dynamics: 2023-28

Social Media had a paramount impact on the growth of the India Apparel & Footwear market over the past few years. With the increasing time duration that consumers spent on these networking platforms, it became a great source of advertisement & created awareness among consumers. Most Brands like H&M (Hennes & Mauritz) India Pvt. Ltd, Bata India Ltd, etc., have been actively adopting it to spread awareness among consumers, which has been significantly escalating their sales over the historical years. These platforms allow companies to directly reach out to their target audience, reducing the need for middlemen.

Further, presence on these online platforms allows companies to engage with their customers & receive feedback on their products. This has led most companies, including Lifestyle International Pvt. Ltd, Bata India Ltd., Paragon Group Ltd, etc., to ensure their presence on these online platforms to follow trends in consumer styling. Hence, the escalating adoption of social media advertisement, coupled with rising consumer preferences to follow celebrities, is anticipated to uplift the sales of apparel & footwear across the country during the forecast years.

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India Apparel and Footwear Market (2023-28): Segmentation Outlook

The market report has segmented the market into the following categories:

·       By Category 

o   Apparel

o   Footwear

According to report, With potential share Apparels Category witnessed considerable growth in the India Apparel & Footwear Market during the historical years.

·       Age Group

o   Less than 1 Year

o   1.1 to 2 Years

o   2.1 to 5 Years

o   6 to 10 Years

o   11 to 15 Years

o   16 to 20 Years

o   21 to 30 Years

o   30 to 50 Years

o   Above 50 Years

·       By Distribution Channel

o   Store-Based Retailing

§  Grocery Retailers

§  Non-Grocery Specialists

§  Mixed Retailers

o   Non-Store Retailing

§  Direct Selling

§  Homeshopping

§  E-Commerce

§  Vending

According to report, Of them all, Store-based Retailing captured the substantial share of the India Apparel & Footwear Market during the historical years & is expected to experience significant growth in the forecast years as well.

·       By Region

o   East

o   West

o   North

o   South

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Top Companies Operating in the India Apparel and Footwear Market:

  • Aditya Birla Fashion & Retail Ltd
  • Page Industries Ltd
  • Relaxo Footwears Ltd
  • Arvind Lifestyle Brands Ltd
  • Lifestyle International Pvt Ltd
  • Future Lifestyle Fashions Ltd
  • Bata India Ltd
  • Lux Hosiery Industries Ltd
  • Paragon Group Ltd
  • Rupa & Co
  • H & M Hennes & Mauritz India Pvt Ltd
  • Others

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