Footwear is set to see a solid retail value CAGR at constant 2024 prices in India in the forecast period, with women’s footwear expected to see higher growth, although men’s footwear will continue to account for the highest share of sales. The premiumisation trend is expected to evolve, with a stronger emphasis on personalised products and unique customer experiences.
Sneaker culture has been rapidly growing in India, driven by Gen Z and Millennials, who are increasingly drawn to global fashion trends and exclusive releases. Foot Locker, a leading US retailer specialising in athletic footwear, has now entered the Indian market through a partnership with Metro Brands and Nykaa Fashion.
In the current landscape, the majority of sales of footwear in India are through apparel and footwear specialists. However, a significant shift is anticipated in the forecast period, as the influence and presence of e-commerce is expected to rise significantly within this category.
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Understand the latest market trends and future growth opportunities for the Footwear industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Footwear industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Footwear
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.
See all of our definitionsThis report originates from Passport, our Footwear research and analysis database.
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