INDIA FOOTWEAR MARKET

 

INTRODUCTION

Footwear is the apparel which will be worn for the feet to protect our feet from any infections and avoid any minor injuries. The Indian footwear industry has seen many changes in customer choices and buying patterns. 

Earlier it was considered as an essential item, slowly it is getting lifestyle purchases where consumers are considering footwear as a Luxury.

 

There are three categories of footwear depending on the structural features. 

1. Motion Control
2. Neutral
3. Stability

 

INDIA FOOTWEAR MARKET SIZE AND FORECAST

 

The India Footwear Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

RECENT DEVELOPMENTS IN INDIA FOOTWEAR MARKET

 

Sl. No	Company	Year	Developments
	Paragon	July, 2021	Paragon assigned Media mandate  following multi-agency pitch to Wavemaker India.
2.	Liberty	Feb, 2022	LIBERTYZENO launched a new range of Easter collections.
3.	Khadims	Feb, 2022	Khadims registered 190 percent YoY growth in PBT for Q3FY22.
4.	VKC Footwear	Sep, 2021	VKC Pride launched new collection EEZY by introducing a new technology in PU footwear manufacturing in India.
5.	Bata	Mar, 2022	Bata shoe museum launched a virtual exhibition exploring canadian figure skating.
6.	Relaxo Footwear Ltd	Feb, 2022	Relaxo Footwear Ltd standalone Dec, 2021 net sales at Rs. 743.52 crore, up10.64% YoY.

 

RECENT LAUNCH IN THE INDIA FOOTWEAR MARKET

Tata Cliq has launched athletic footwear brand Hoka One One in India through its e-commerce portal Tata Cliq Luxury, with a range of its running shoes, sneakers, and slip-ons, with 60 various shoe designs ranging from brilliantly coloured sneakers to basic flip-flops. The campaign will comprise a series of short movies titled “Time to Celebrate the Joy of Movement.”

 

Hoka One One was established in 2009 in France. Deckers Outdoor Corporation, the parent corporation, now runs the business, which is situated in California.

 

The ‘Ecoz’ range of sustainable footwear is introduced by Mochi Shoes. The Ecoz collection by Mochi is composed entirely of recycled PET bottles. Ecoz’s range includes elegant men’s shoes produced from recycled PET bottles that are converted into recycled yarn, which is then converted into fabrics. Mochi is well-known for its fashionable footwear.

 

Ecoz shoes are suitable for a variety of occasions, including travel, work, dating evenings, and everything in between. To guarantee that your shopping experience is not jeopardised, all Mochi locations have adhered to government-issued safety procedures.

 

COMPANY PROFILES

• Paragon
• Liberty
• Khadims
• Metro Shoes
• VKC Footwear
• Red Tape
• Bata
• Relaxo Footwear Ltd

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average selling price in the India Footwear Market right now and how will it change in the next 5-6 years? 
2. Market share of India Footwear Market manufacturers and their upcoming products
3. Cost advantage for OEMs who manufacture India Footwear Market in-house
4. 5 key predictions for the next 5 years in the India Footwear Market.
5. Latest trends in India Footwear Market, by every market segment
6. The market size (both volume and value) of India Footwear Market in 2022-2027 and every year in between
7. Global production breakup of India Footwear Market, by suppliers and their OEM relationship
8. What is happening overall in the India Footwear Market.
9. Who are the major players in the India Footwear Market.
10. What are the business opportunities in India Footwear Market?
11. What is the target group ?
12. What are the strategies for the India Footwear Market in the next 5 years?