India Footwear Market Overview:

For the global industry's India Footwear market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.

Primary and secondary research is used to identify market leaders, while primary and secondary research is used to assess market revenue. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of the core research. Primary research comprised in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to calculate global market percentage splits, market shares, growth rates, and breakdowns, which are then compared to primary data.

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India Footwear Market size was valued at US$ 13.49 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 12.83% through 2022 to 2027, reaching nearly US$ 27.84 Bn.

Market Scope:

By defining and assessing market segments and predicting market size, the study aids comprehension of the Global India Footwear Market dynamic structure. In addition, the report includes a competitive analysis of significant firms based on pricing, financial state, application expansion ambitions, and geographical presence. The research also includes a PESTLE analysis to help shareholders prioritize their efforts and investments in the Global India Footwear Market.

External and internal factors that are predicted to have a positive or negative impact on enterprises have been researched, presenting decision-makers with a clear picture of the sector's future. By studying market segments and projecting India Footwear Market size, the study also assists in understanding the dynamic structure of the Global India Footwear Market. The study acts as a resource for investors by depicting the competitive analysis of prominent businesses in the Global India Footwear Market based on price, financial status, growth strategies, and geographical presence.

Drivers:

The growth of social media platforms and the rise in internet users in India have significantly altered consumers' shopping behaviours. The growth of the footwear industry has been aided by quick urbanisation, increased brand awareness, and rising discretionary spending, which have all contributed to its status symbol status in consumers' minds. The footwear industry in India has plenty of room to expand because nearly 66% of shoe sales take place in urban areas, with the remaining 46% taking place in rural areas. Sales there are gradually catching up, though, as a result of growing awareness, rising disposable income, and shifting lifestyles. There are consequently a lot more opportunities for these footwear companies to investigate and compete in both the domestic and international markets.

Segmentation:

The market is divided into Casual, Mass, Active/Sport, Leather, and Non-Leather categories based on the product. By 2027, the casual segment is anticipated to have the largest market shares. 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. These are the primary factors driving this segment's growth in the India Footwear market between 2022 and 2027.

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Key Players: The key players are

• Bata
• Metro
• Liberty
• Ajanta
• Khadims
• Paragon
• Action
• Sreeleather
• Catwalk
• Mochi
• Relaxo
• MACRO FOOTWEAR
• Lallan Shoes
• Carbon Footwear
• Shoe Art India
• Condor Footwear

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Regional Analysis:

An study of the India Footwear Market at the national level focuses on categories indicated as potentially high-growth, nations with the biggest market share, and countries with the highest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the India Footwear Market study.

COVID-19 Impact Analysis on India Footwear Market: The report covers COVID-19 impact on India Footwear market.

Key Questions Answered in the India Footwear Market Report are:

What will be the India Footwear market's CAGR throughout the projected period?
Which market category emerged as the market leader in the India Footwear market?
Who are the key players in the India Footwear market?
How big will the India Footwear market be in 2027?
Which firm had the biggest market share in the India Footwear market?
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