Indian Footwear Market: Trends & Opportunities (2012-2017)
Over the past few years the Indian retail industry has significantly grown and caught the attention of many global investors. Foreign direct investment (FDI), globalization and liberalization have accelerated the growth of Indian retail. India has low organized retail penetration of about 5%. The modern retail is growing in a double digit with plethora of opportunities to explore. Retail segment is segregated into many categories like Food and grocery, consumer electronics, Apparel, jewellery, furnishing and furniture etc. One of the growing categories is the footwear market which holds immense business opportunities.
The Indian footwear market is segmented between organized and unorganized segment. The organized segment caters to about 1/3rd of the market while the remaining market is fetched by small unorganized players. The organized sector is represented by major domestic and international players like Bata, Liberty, Adidas, Metro Etc and the unorganized segment comprises of small cottage industry based manufacturers. With increased household income, shifting consumer behavior from saving to spending and modern lifestyle, the organized retail in footwear market is rapidly evolving and expected to grow at a higher rate in the future. The market is further segmented into men, women and Kid’s segment. At present the women’s segment is primarily catered by the unorganized players but factors like increase in number of working women and urbanization are expected to drive the purchases from this segment.
The rural market of India is still largely untapped for footwear manufacturers. Companies should reposition themselves and launch specific product and price ranges to expand their presence and increase their consumer base.
The report analyzes the Indian footwear market, specifically the organized segment of the footwear market. Growth of the industry is being seen in the context of the growth of the organized retail market. Various factors expected to drive growth of the footwear market has also been assessed in the report. In order to understand the dynamics of the industry, the market has been segmented by consumers – men, women and kids. The major players of the industry have also been analyzed in the report.
The Indian footwear market is segmented between organized and unorganized segment. The organized segment caters to about 1/3rd of the market while the remaining market is fetched by small unorganized players. The organized sector is represented by major domestic and international players like Bata, Liberty, Adidas, Metro Etc and the unorganized segment comprises of small cottage industry based manufacturers. With increased household income, shifting consumer behavior from saving to spending and modern lifestyle, the organized retail in footwear market is rapidly evolving and expected to grow at a higher rate in the future. The market is further segmented into men, women and Kid’s segment. At present the women’s segment is primarily catered by the unorganized players but factors like increase in number of working women and urbanization are expected to drive the purchases from this segment.
The rural market of India is still largely untapped for footwear manufacturers. Companies should reposition themselves and launch specific product and price ranges to expand their presence and increase their consumer base.
The report analyzes the Indian footwear market, specifically the organized segment of the footwear market. Growth of the industry is being seen in the context of the growth of the organized retail market. Various factors expected to drive growth of the footwear market has also been assessed in the report. In order to understand the dynamics of the industry, the market has been segmented by consumers – men, women and kids. The major players of the industry have also been analyzed in the report.
1. EXECUTIVE SUMMARY
2. UNDERSTANDING FOOTWEAR MARKET
3. GLOBAL FOOTWEAR MARKET ANALYSIS
3.1. Market Size
3.2. Market Share
3.2.1. Regional Production Analysis
3.2.2. Segment Analysis
4. INDIAN RETAIL INDUSTRY ANALYSIS
4.1. Market Size
4.2. Market Share
4.2.1. Segment Analysis
5. INDIAN ORGANIZED RETAIL MARKET ANALYSIS
5.1. Market Size
6. INDIAN FOOTWEAR MARKET ANALYSIS
6.1. Market Size
6.1.1. Segment Analysis
7. INDIAN ORGANIZED FOOTWEAR MARKET ANALYSIS
7.1. Market Size
7.2. Market Share
7.2.1. Segment Analysis
7.3. Pricing Analysis
8. INDIAN FOOTWEAR MARKET – PEST ANALYSIS
9. INDIAN FOOTWEAR MARKET- DRIVERS & CHALLENGES
9.1. Drivers
9.2. Challenges
10. Indian Footwear Market Trends
10.1. Increased Thrust on Brand Creation and Distribution
10.2. Growing Opportunities in women’s segment
10.3. Online Retailing
10.4. Changing Lifestyles and Increasing Affluences
10. COMPETITOR’S ANALYSIS
10.1. Porters Five Forces Analysis
10.2. Company Profiles
10.2.1. Liberty
10.2.2. Bata
10.2.3. Adidas
10.2.5 Woodland
11. RECOMMENDATIONS
12. ABOUT US
2. UNDERSTANDING FOOTWEAR MARKET
3. GLOBAL FOOTWEAR MARKET ANALYSIS
3.1. Market Size
3.2. Market Share
3.2.1. Regional Production Analysis
3.2.2. Segment Analysis
4. INDIAN RETAIL INDUSTRY ANALYSIS
4.1. Market Size
4.2. Market Share
4.2.1. Segment Analysis
5. INDIAN ORGANIZED RETAIL MARKET ANALYSIS
5.1. Market Size
6. INDIAN FOOTWEAR MARKET ANALYSIS
6.1. Market Size
6.1.1. Segment Analysis
7. INDIAN ORGANIZED FOOTWEAR MARKET ANALYSIS
7.1. Market Size
7.2. Market Share
7.2.1. Segment Analysis
7.3. Pricing Analysis
8. INDIAN FOOTWEAR MARKET – PEST ANALYSIS
9. INDIAN FOOTWEAR MARKET- DRIVERS & CHALLENGES
9.1. Drivers
9.2. Challenges
10. Indian Footwear Market Trends
10.1. Increased Thrust on Brand Creation and Distribution
10.2. Growing Opportunities in women’s segment
10.3. Online Retailing
10.4. Changing Lifestyles and Increasing Affluences
10. COMPETITOR’S ANALYSIS
10.1. Porters Five Forces Analysis
10.2. Company Profiles
10.2.1. Liberty
10.2.2. Bata
10.2.3. Adidas
10.2.5 Woodland
11. RECOMMENDATIONS
12. ABOUT US
LIST OF FIGURES:
Figure 1: Global Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 2: Global Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 3: Global Footwear Market Share, By Regional Production, By Volume, 2011
Figure 4: Global Footwear Market Share Forecast, By Region, By Volume, 2017
Figure 5: Global Footwear Market Share, By Segments, By Value, 2011
Figure 6: Global Footwear Market Share Forecast, By Segments, By Value, 2017
Figure 7: Indian Retail Industry Market Size, By Value, 2006-11 (US$ Billion)
Figure 8: Indian Retail Industry Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 9: Indian Retail Market Share, By Segments, By Value, 2011
Figure 10: Indian Retail Market Share Forecast, By Segments, By Value, 2012
Figure 11: Indian Organized Retail Market Size, By Value, 2006-11 (US$ Billion)
Figure 12: Indian Organized Retail Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 13: Indian Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 14: Indian Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 15: Indian Menswear Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 16: Indian Menswear Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 17: Indian Women’s Wear Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 18: Indian Women’s Wear Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 19: Indian Kids Wear Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 20: Indian Kids Wear Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 21: Indian Organized Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 22: Indian Organized Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 23: Indian Organized Footwear Market Share, By Segments, By Value, 2011
Figure 24: Indian Organized Footwear Market Share, By Segments, By Value, 2017
Figure 29: Gross Domestic Product of India (Current), 2005-11 (US$ Trillion)
Figure 30: Gross Domestic Product per Capita (Current), 2005-11 (US$)
Figure 26: Population of India, 1951-2011 (in Millions)
Figure 27: Urban Population, Growth Rate in India, (2002-10)
Figure 28: Middle Class Population and Households in India, 2010 and 2015
Figure 29: Indian Online Retail Market Size, By Value, 2007-11 (US$ Million)
Figure 29: Indian Online Retail Market Size Forecast, By Value, 2012-17 (US$ Million)
Figure 31: Porters Five Force Analysis
Figure 1: Global Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 2: Global Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 3: Global Footwear Market Share, By Regional Production, By Volume, 2011
Figure 4: Global Footwear Market Share Forecast, By Region, By Volume, 2017
Figure 5: Global Footwear Market Share, By Segments, By Value, 2011
Figure 6: Global Footwear Market Share Forecast, By Segments, By Value, 2017
Figure 7: Indian Retail Industry Market Size, By Value, 2006-11 (US$ Billion)
Figure 8: Indian Retail Industry Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 9: Indian Retail Market Share, By Segments, By Value, 2011
Figure 10: Indian Retail Market Share Forecast, By Segments, By Value, 2012
Figure 11: Indian Organized Retail Market Size, By Value, 2006-11 (US$ Billion)
Figure 12: Indian Organized Retail Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 13: Indian Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 14: Indian Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 15: Indian Menswear Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 16: Indian Menswear Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 17: Indian Women’s Wear Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 18: Indian Women’s Wear Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 19: Indian Kids Wear Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 20: Indian Kids Wear Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 21: Indian Organized Footwear Market Size, By Value, 2006-11 (US$ Billion)
Figure 22: Indian Organized Footwear Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 23: Indian Organized Footwear Market Share, By Segments, By Value, 2011
Figure 24: Indian Organized Footwear Market Share, By Segments, By Value, 2017
Figure 29: Gross Domestic Product of India (Current), 2005-11 (US$ Trillion)
Figure 30: Gross Domestic Product per Capita (Current), 2005-11 (US$)
Figure 26: Population of India, 1951-2011 (in Millions)
Figure 27: Urban Population, Growth Rate in India, (2002-10)
Figure 28: Middle Class Population and Households in India, 2010 and 2015
Figure 29: Indian Online Retail Market Size, By Value, 2007-11 (US$ Million)
Figure 29: Indian Online Retail Market Size Forecast, By Value, 2012-17 (US$ Million)
Figure 31: Porters Five Force Analysis
