India Footwear Market size was valued at US$ 15.22 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 12.83% through 2023 to 2029

Market Overview:

The  India Footwear  market analysis provides unbiased professional commentary on the present market scenario, production and consumption rates, demand and supply ratios, and income generation forecasts for the projected period. The  India Footwear  market study also gives information on the leading businesses functioning in the  India Footwear  industry's strategic ambitions and company growth strategies. To summarise what has been said thus far, the report provides a comprehensive picture of the  India Footwear  market in both global and regional markets.

Market Research Report analyzed the current state in the definitions, classifications, applications, and industry chain structure. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research.

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COVID-19 Impact on  India Footwear  market:

The COVID-19 pandemic has had a severe influence on the worldwide  India Footwear  business. The COVID-19 pandemic has resulted in a severe and prolonged decline in production utilization, and travel bans and facility closures have kept employees away from their facilities, resulting in a slowdown in the growth of the  India Footwear  market in 2022. However, the negative impact of COVID-19 on the  India Footwear  market is projected to be temporary, and the industry is predicted to rebound rapidly by early 2022, owing to the high demand for  India Footwear .

Regional Analysis:

The report's region section also includes specific market affecting elements and changes in market regulation that affect the market's present and future developments. In addition, the existence and availability of global brands, as well as the obstacles they face owing to big or scarce competition from local and domestic brands, as well as the influence of sales channels, are taken into account when offering forecast analysis of national data. Some of the primary indicators utilized to estimate the market scenario for different regions include new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs.

Segmentation :

Product

Casual, mass, active/sport, leather, and non-leather are the market segments. By 2027, the casual segment is anticipated to have the highest market share of . The main purpose of casual footwear is to provide comfort and easy walking. For additional comfort and support, they are also insulated on the inside. Aside from preventing foot pain and enhancing blood flow and posture, casual footwear has no long-term negative effects. During the projected period of 2022–2027, these are the main factors influencing this market segment's growth.

Mode of Sale

There are two market segments: online and offline. During the projected period, the market for online sales is anticipated to expand quickly at a CAGR of . Smart phones and increased digital technology usage have given Indian customers quick access to international trends. The online channel is gaining ground in the Indian footwear sector. Internet retailing is expanding as a result of Indian consumers' evolving buying preferences. These are the main factors that would support this market segment's growth between 2022 and 2027.

End User

There are three market segments: Kids, Men, and Women. The women's market is anticipated to expand quickly, with a CAGR of 20% during the forecast period. This is brought on by both the increased use of internet services and the employment of women. The primary footwear manufacturer's increased spending to reach a wider client base has also helped this. The shift to branded products is advantageous for the women's market. These are the driving forces behind this segment's expansion in the India Footwear market between 2022 and 2027.

by Product
Casual
Mass
Active/Sport
Leather
Non-Leather

by Mode of Sale
Online
Offline

by End User
Women
Men
Kids

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Key players:

The study gives a complete assessment of the presence of the  India Footwear  market in various areas and countries. Significant market features such as market drivers and barriers are separated from important development prospects and industry trends in the research study. The worldwide  India Footwear  Market research gives precise knowledge that prepares market players to compete successfully with their largest competitors based on growth, sales, and other critical factors. Through a deep geographical assessment of the industry, the research analyst seeks to find hidden development prospects that may be used by companies in various regions of the world.

1. Bata
2. Metro
3. Liberty
4. Ajanta
5. Khadims
6. Paragon
7. Action
8. Sreeleather
9. Catwalk
10. Mochi
11. Relaxo
12. MACRO FOOTWEAR
13. Lallan Shoes
14. Carbon Footwear
15. Shoe Art India
16. Condor Footwear
17. DSK Leather Works
18. Days Footwear

• In the year 2022, the competitive landscape has included a share of significant companies, new advances, and tactics.

• The research contains a wealth of information, including market dynamics, scenarios, and prospects for the projection period.

• Quantitative, qualitative, value (USD Million), and volume (Units Million) statistics are included in segments and sub-segments.

• Data at the regional, sub-regional, and country levels contain demand and supply dynamics, as well as their impact on the market.

• These players provide comprehensive goods, important financial information, latest advancements, SWOT analysis, and strategies.

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Key Questions Addressed in the India Footwear Market Report:  

• Who are the major players in the India Footwear industry?

• What is the potential market for India Footwear by region?

• Which application area of ​​India Footwear is likely to experience substantial growth in the next five years?

• What opportunities exist for new market entrants?

• What is the projected size of the India Footwear market in 2029?

• What are the growth prospects of the India Footwear market?

• What year serves as the base year in the India Footwear market report?

• Which region holds the largest market share in the India Footwear market?

• What factors are expected to drive the India Footwear market?

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