How Big is the India Apparel and Footwear Market?

The India Apparel & 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.

Market Statistics

• Market Growth Rate (CAGR): 11.28% from 2023-2028

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India Apparel and Footwear Market Insight:

Driver-

Social Media Influence on Consumer Purchase Patterns

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.

 India Apparel and Footwear Market Segmentation:

The report has segmented the market into the following categories:

By Category 

• Apparel
• Footwear

• Age Group
  • Less than 1 Year
  • 1 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

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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Competitive Landscape:

• 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.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key Highlights of the Report:

• Market Performance (2023-2028)
• Strategic Recommendations
• Current, Historical and Future Market Trends
• Market Drivers and Leading Competitor
• SWOT Analysis
• Structure of the Market
• Comprehensive Mapping and Recent Advancement

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