India Apparel and Footwear Market Growth, Trends, and Future Opportunities 2028

The India Apparel & Footwear Market is projected to grow at a CAGR of around 11.28% during the forecast period, i.e., 2023-28.

Overview of the India Apparel and Footwear Market:

Gain data-driven insights into the India Apparel and Footwear Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.

Executive Summary

The India Apparel & Footwear Market is projected to grow at a CAGR of around 11.28% during the forecast period, i.e., 2023-28. 

Possible Restraint: Excessive Presence of Unorganized Players

The excessive presence of unorganized players in the market has negatively affected the sales of organized players across the country. It is majorly because, in India, the unorganized players have been selling products at lower prices, making it difficult for organized retail players to compete. Moreover, the unorganized players are often not subjected to regulations & taxes, leading to offering greater profits & had a negative impact on the organized players & the market as a whole.

In addition, there has been an expansion of several markets in India that sell apparel and footwear from unorganized players, and consumers prefer them due to lower prices. As a result, the unorganized sector has hampered the growth of the organized retail market in the past & is expected to continue to do so in the future due to increased competition for organized players.

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India Apparel and Footwear Market Segmentation

Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.

-By Category

  • Apparel
  • Footwear

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

-By Distribution Channel

  • Store-based Retailing
  • Non-store Retailing

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 Age Group

  • Less than 1 Year
  • to 2 Years
  • 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

Geographical Analysis

-By Region

  • East
  • West
  • North
  • South

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/india-apparel-and-footwear-market.html

Competitive Market Strategies: List of Largest India Apparel and Footwear Companies

Analysis of the competitive landscape and company strategies. We profile leading players Business Description, Product Portfolio, Recent Developments, and list key Strategic Alliances or Partnerships approaches.

  • 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

Future Market Analytics Focus Points

Look ahead to the analytics and trends shaping the industry’s future. This section suggests areas of emphasis for market analysis, such as:

  1. Identify Emerging Market Trends: Recognize new trends shaping industries.
  2. Leverage India Apparel and Footwear Analytics: Use data for informed decision-making strategies.
  3. Explore Geographic Expansion: Target growth opportunities in new areas.
  4. Analyze Consumer Behavior: Adapt to shifting preferences and habits.
  5. Emphasize Sustainability: Align strategies with ethical and sustainable practices.

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Objectives of the Study

Clearly state what the report aims to achieve. For example:

  • Provide a comprehensive market overview with quantitative forecasts.
  • Identify key market segments and competitive dynamics.
  • Analyze trends and drivers influencing growth.
  • Highlight challenges and risks, plus mitigation strategies.
  • Offer actionable insights and recommendations for decision-makers.

Report Delivery Model

 “Our market research report is available in multiple formats for convenience:

  • Interactive PDF with rich charts and data tables.
  • PowerPoint summary deck for easy presentation and sharing.
  • Excel containing all research figure.

About Us –

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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