Aarkstore Enterprise India Apparel And Footwear
The Report titled 'India Apparel and Footwear Market Outlook to 2015' any comprehensive analysis of your Indian apparel and footwear industry. The report covers market size of the apparel industry, segmentation on the reasons for product, industry structure and demographics, SWOT analysis and future outlook of the apparel industry. It offers a superior market information for the footwear industry, segmentation, SWOT analysis and future outlook. The report also entails information on the sportswear market as well as macroeconomic indicators' current and future projections.
The size within the Indian apparel market has increased from USD 17,803 million in 2003 onwards to USD 32,458 million in 2009 at a CAGR of 10.5%. During 2007-2009, the industry registered a double digit growth rate.
The country has witnessed an increase in the consumer expenditure on apparel. Men and women have become more conscious regarding their outerwear and are to be able to spend more on the apparels. The rising population along while using increase in the disposable income in the consumers has caused the increase an expenditure in the apparel sector. The actual years years the expenditure has increased from USD 16.2 in 2003 to USD 27.2 in 2009, registering a CAGR of 9.0%.
Menswear was biggest bank segment with an industry share of forty three.1% and the value of USD 13,974 million. Regarding the total apparel market of USD 32,458 million, Womenswear commands a business of 37.5% along with Kidswear boys with 10.2% and Kidswear girls with on the lookout for.2%.
Sarees and ladies suits comprised within the bulk of the Womenswear segment along with a total share of more than 70%. Sarees was the biggest segment with a share of 41.6% followed by ladies suits with 28.9%. Inner wear was the third largest segment by using a share of 14.2%. Denim and T-shirts constituted using a small market share of 0.7% each. Others constituted with a business of 1.3% with the total womenswear current market.
In 2009, the sportswear market stood at USD 517 million. The mounting popularity of sports, increase in the personal disposable income and alter in the lifestyle are the major catalyst for objective. It is expected that with this rising popularity, the Indian sportswear market will grow at a 6 year compound annual growth rate (CAGR) of 22.8% from USD 517 million in 2009.
India Footwear market has shown phenomenal growth of eighteen.7% historically during the period of 2003 to 2009 from USD 1,641 million in 2003 to USD 4,367 million in '09. The market has shown strong double digit growth since 2003 and it has been resilient the actual financial crisis witnessed in the country in 2009. The market has registered an increase of 18.7% last season from USD 3,679 million in 09.