Spotlight on India Apparel and Footwear Market: Technology Giants Making Waves Again, Featuring

MarkNtel Advisors has released a research report on the India Apparel and Footwear Market Size, Share, Analysis, Research, Report 2028. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.

India Apparel and Footwear Market Insights:

The India Apparel and Footwear Market is expected to grow at around 11.28% CAGR during the forecast period, i.e., 2023-28.

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Key Driver: Social Media Influence on Consumer Purchase Patterns

Social Media had a paramount impact on the growth of the India Apparel & Footwear market over the past few years. With the increasing time duration that consumers spent on these networking platforms, it became a great source of advertisement & created awareness among consumers. Most Brands like H&M (Hennes & Mauritz) India Pvt. Ltd, Bata India Ltd, etc., have been actively adopting it to spread awareness among consumers, which has been significantly escalating their sales over the historical years. These platforms allow companies to directly reach out to their target audience, reducing the need for middlemen.

Further, presence on these online platforms allows companies to engage with their customers & receive feedback on their products. This has led most companies, including Lifestyle International Pvt. Ltd, Bata India Ltd., Paragon Group Ltd, etc., to ensure their presence on these online platforms to follow trends in consumer styling. Hence, the escalating adoption of social media advertisement, coupled with rising consumer preferences to follow celebrities, is anticipated to uplift the sales of apparel & footwear across the country during the forecast years.

Leading Companies Operating in the India Apparel and Footwear Industry:

-Aditya Birla Fashion & Retail Ltd

-Page Industries Ltd

-Relaxo Footwears Ltd

-Arvind Lifestyle Brands Ltd

-Lifestyle International Pvt Ltd

-Future Lifestyle Fashions Ltd

-Bata India Ltd

-Lux Hosiery Industries Ltd

-Paragon Group Ltd

-Rupa & Co

-H & M Hennes & Mauritz India Pvt Ltd

-Others

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India Apparel and Footwear Market Categorization:

The India Apparel and Footwear Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:

By Category

-Apparel

-Footwear

-Age Group

-Less than 1 Year

-1.1 to 2 Years

-2.1 to 5 Years

-6 to 10 Years

-11 to 15 Years

-16 to 20 Years

-21 to 30 Years

-30 to 50 Years

-Above 50 Years

By Distribution Channel

-Store-Based Retailing

--Grocery Retailers

--Non-Grocery Specialists

--Mixed Retailers

-Non-Store Retailing

--Direct Selling

--Homeshopping

--E-Commerce

--Vending

By Region

-East

-West

-North

-South

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Frequently Asked Questions (FAQs)

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About Us:

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfill their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.