The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), India Apparel and Footwear Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
India Apparel and Footwear Industry Analytical Overview (2023-2028): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, India Apparel & Footwear Market is projected to grow at a CAGR of around 11.28% during the forecast period, i.e., 2023-28. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2023 to 2028.
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What is Included in India Apparel and Footwear Market Segmentation?
The report has segmented the market into the following categories:
By Category
– Apparel
– Footwear
With potential share Apparels Category witnessed considerable growth in the India Apparel & Footwear Market during the historical years. It is majorly contributed to a rise in demand for comfortable casual clothing & sportswear, especially after COVID-19. In terms of comfortable casualwear, athleisure continued to experience good demand both in 2020 & 2021. The reason behind this significant demand was that even though the pandemic situation stabilized, and mobility increased, customers have been preferring comfortable clothing such as casual shirts/t-shirts, casual blazers, baggy jeans, straight-fit jeans, and chinos, that are made of stretchable and breathable fabric.
Age Group
– Less than 1 Year
– 1.1 to 2 Years
– 2.1 to 5 Years
– 6 to 10 Years
– 11 to 15 Years
– 16 to 20 Years
– 21 to 30 Years
– 30 to 50 Years
– Above 50 Years
By Distribution Channel
– Store-Based Retailing
– – Grocery Retailers
– – Non-Grocery Specialists
– – Mixed Retailers
– Non-Store Retailing
– – Direct Selling
– – Homeshopping
– – E-Commerce
– – Vending
By Region
– East
– West
– North
– South
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Key Factor Driver India Apparel and Footwear Industry Growth by 2028
The menswear market in the country has been shifting from ready-made clothing to custom-made clothing in recent years. As more & more men who have been purchasing premium or luxury ready-made clothing desire to wear a shirt or a pair of pants that fit them exactly, the trend of custom-fit clothes is currently reviving in India. The term “custom-fit clothes” refers to any item of clothing that has been altered to fit a customer based on their measurements & preferences.
Who are the Key Players Operating in the India Apparel and Footwear Industry?
The top companies of the India Apparel and Footwear market ruling the industry are:
- 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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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the India Apparel and Footwear Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the India Apparel and Footwear industry?
- Which is the Leading segment in the market?
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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