Product Code: ETC011984 | Publication Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India women's footwear market import shipment experienced a significant decline over the period with a notable CAGR from 2020 to 2024 and a sharp drop in growth rate between 2023 and 2024. The market showed a clear trend of contraction, indicating a substantial slowdown in imports.
The Indian women footwear market is estimated to grow at a CAGR of around 9.3% during the forecast period 2025-2031. Increasing disposable incomes, rising fashion consciousness among women, and changing lifestyle are some of the key factors driving the growth of the Indian women`s footwear market. Furthermore, growing investments by major companies in this industry along with increasing awareness regarding health benefits associated with wearing appropriate shoes is further propelling its demand. Moreover, various collaborations between leading brands and e-commerce websites for offering attractive discounts on women?s footwear are also contributing to its growth.
? Growing Disposable Incomes: With rapidly improving standard of living among Indians coupled with increasing employment opportunities has led to significant rise in their disposable incomes over recent years which has resulted in increased spending capacity among them specifically on luxury products such as branded and designer wear footwears which is expected to boost sales significantly over coming years.
? Changing Lifestyle & Fashion Consciousness Among Women: Rising fashion consciousness among females owing to increasing availability of branded designer wears both online and offline stores have resulted into considerable changes in their buying behaviour from last few years resulting into substantial surge in sale figures across India for various fashionable footwear products especially slippers & sandals segment which holds majority share in overall revenue generated by country?s womens shoe industry currently.
? Highly Fragmented Market Structure : Presence of numerous small scale unorganized players operating across India along with multiple counterfeit brands poses serious threat for organized sector as they offer cheaper subsitutes thus making it difficult for them compete effectively even if price factor considered .
? Lack Of Awareness Regarding Health Benefits Associated With Use Of Appropriate Footwear : Still there exists considerable lack awareness about use adequate quality shoes as most people still consider it an unnecessary expense hence usage rate remains quite low despite presence huge potential customer base.
? Growing Demand For Eco Friendly Products : Due to rapid rise environmental concerns , people now prefer using eco friendly or recyclable options instead conventional materials when it comes purchasing apparels including footware thus creating opportunity manufacturers capitalize through launching new green product range specially targetted toward female customers who comprise large chunk total share held by domestic womens shoe industry currently .
? Digitalization Of Retail Channels : Due unprecedented surge internet users across country , leading player present market now increasingly investing digitalizing their retail channels.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Women's Footwear Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Women's Footwear Market Revenues & Volume, 2021 & 2031F |
3.3 India Women's Footwear Market - Industry Life Cycle |
3.4 India Women's Footwear Market - Porter's Five Forces |
3.5 India Women's Footwear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Women's Footwear Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 India Women's Footwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Women's Footwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of women in India |
4.2.2 Rising fashion consciousness and changing lifestyle trends |
4.2.3 Growing e-commerce penetration in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from both domestic and international footwear brands |
4.3.3 Challenges in maintaining quality standards while keeping prices competitive |
5 India Women's Footwear Market Trends |
6 India Women's Footwear Market, By Types |
6.1 India Women's Footwear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Women's Footwear Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Women's Footwear Market Revenues & Volume, By Shoes, 2021-2031F |
6.1.4 India Women's Footwear Market Revenues & Volume, By Boots, 2021-2031F |
6.1.5 India Women's Footwear Market Revenues & Volume, By Heels & Pumps, 2021-2031F |
6.1.6 India Women's Footwear Market Revenues & Volume, By Sandals, 2021-2031F |
6.1.7 India Women's Footwear Market Revenues & Volume, By Flip Flop & Slippers, 2021-2031F |
6.1.8 India Women's Footwear Market Revenues & Volume, By Sports Shoes, 2021-2031F |
6.2 India Women's Footwear Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 India Women's Footwear Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.3 India Women's Footwear Market Revenues & Volume, By Leather, 2021-2031F |
6.2.4 India Women's Footwear Market Revenues & Volume, By Plastic, 2021-2031F |
6.2.5 India Women's Footwear Market Revenues & Volume, By Velvet, 2021-2031F |
6.2.6 India Women's Footwear Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.7 India Women's Footwear Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Women's Footwear Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Women's Footwear Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 India Women's Footwear Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.3.4 India Women's Footwear Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.5 India Women's Footwear Market Revenues & Volume, By Multi-brand Stores, 2021-2031F |
6.3.6 India Women's Footwear Market Revenues & Volume, By Independent Retailers, 2021-2031F |
7 India Women's Footwear Market Import-Export Trade Statistics |
7.1 India Women's Footwear Market Export to Major Countries |
7.2 India Women's Footwear Market Imports from Major Countries |
8 India Women's Footwear Market Key Performance Indicators |
8.1 Average selling price (ASP) of women's footwear |
8.2 Number of new product launches in the market |
8.3 Consumer sentiment towards purchasing women's footwear |
8.4 Adoption rate of sustainable and ethically produced footwear |
8.5 Online engagement metrics such as website traffic and social media followers |
9 India Women's Footwear Market - Opportunity Assessment |
9.1 India Women's Footwear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Women's Footwear Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 India Women's Footwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Women's Footwear Market - Competitive Landscape |
10.1 India Women's Footwear Market Revenue Share, By Companies, 2024 |
10.2 India Women's Footwear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |