Abstract
India is standing on the threshold of a retail revolution and witnessing fast
changing retail landscape, with footwear market is set to experience
phenomenal growth in coming years. Besides, the ongoing financial crisis is
unlikely to have any significant impact on the Indian footwear market as the
demand for Indian footwear will continue to grow, according to our recent
report, "Indian Footwear Market Forecast to 2012".
Demand for high quality footwear produced in Europe and other parts of the
world is expected to slowdown as people will look for medium or lower priced
products. This is a good sign for the Indian footwear industry since India
along with China is the main supplier of low-priced footwear. However, Chinese
producers are facing serious problems due to rising labor cost, which has
risen by around 40% since January 2008, and currency appreciation. Chinese
products, which used to be cheaper by around 10% compared to the Indian
products, are no longer cheaper. Implementation of the European Union (EU)
anti-dumping duty .
Under these circumstances, India is the only major source for supplying medium
and low-priced footwear. Moreover, most of the global footwear manufacturers,
particularly European manufacturers who were sourcing from China, have now
turned to India. Nike, Addidas and Puma are some of the footwear majors are
expected to route parts of their production and purchase out from China to
India.
This report provides extensive research and in-depth analysis on the Indian
footwear market. The detailed data and analysis given in the report will help
the client to evaluate the leading-edge opportunities critical to the success
of the footwear market in India.
The forecasts and estimations given in this report are not based on a complex
economic model, but are intended as a rough guide to the direction in which
the market is likely to move. This forecast is based on a correlation between
past market growth and growth of base drivers.
Our report also provides forecasts on
- Indian Footwear Market (2009-2012)
- Men' s Footwear (2009-2012)
- Children' s Footwear (2009-2012)
- Women' s Footwear (2009-2012)
- Casual Footwear (2009-2012)
- Mass Footwear (2009-2012)
- Sports Footwear (2009-2012)
- Premium Footwear (2009-2012)
- Footwear Export (2008-09 to 2010-11)
Key Players
This section provides business overview and SWOT analysis of key players in
the footwear market. The key players discussed in the report are Bata India
Limited, Adidas AG and NIKE, Inc.
| 
View Cart
