A Study of India's Footwear Market 2016 highlights key dynamics of India's footwear market. The growing opportunity in the sector has been investigated along with the market drivers. The initiatives and performance of key players including Bata, Paragon Group, Relaxo Footwears Limited and Liberty Shoes Limited along with current market scenario has also been studied. The report contains latest industry leader's opinion.
North Asia is the biggest manufacturer of footwear in the world, accounting for 70% of the overall production in the industry. In 2014, the global footwear market was valued at approximately USD 208 billion, and is projected to reach USD 258 billion by the year 2023. the industry grew at a CAGR of 2.5% from in the period 2015-2023.
India is globally the second largest footwear producer after China. India's footwear production accounts for approximately 9% of the global annual production of 22 billion pair as compared to China's which produces over 60%. Key production centres include Kanpur and Agra in Uttar Pradesh, Ranipet, Vaniyambadi and Ambur in Tamil Nadu.
The market currently is dominated by men's footwear which contribute close to 58% of the total Indian footwear retail market. In term of product type, the market is dominated by casual footwear market that contribute approximately 67% of the total footwear retail market.
Key Topics Covered:
1. Global Footwear Market
1.2 Market Performance& Statistics
2. India Footwear Market
2.2 Market Performance &Statistics
2.3 Market Drivers
3. Competitive Landscape
3.2 Paragon Group
3.3 Relaxo Footwears Limited
3.4 Liberty Shoes Limited
4. Industry Leader's Opinions
5. List of Charts and Graphs
- Liberty Shoes Limited
- Paragon Group
- Relaxo Footwears Limited
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