Apparel June 2019 Apparel June 2019 | Page 38

FEATURE CHANGING CONSUMER BEHAVIOUR FROM NEED-BASED TO ASPIRATION-BASED BUYING ARE CAUSING WOMEN’S AND CHILDREN’S APPAREL MARKETS TO OUTPACE MEN’S. apparel market is growing at a quite a phenomenal rate. Not too long ago, a study conducted by Avendus, titled ‘Women’s Apparel Landscape in India’, noted, “Women’s apparel is a R1 trillion-market growing at 11 per cent, driven by the shift towards branded (sic). Branded market is set to grow at 20 per cent and raise share to 40 per cent.” There is a conscious shift towards branded apparel. The report went on to say, “Multiple structural changes from supply side, such as the entry of branded players and foreign brands, supported by increasing modern trade, structural changes from the demand side, such as increasing discretionary spending, increasing number of working women, and changing consumer behaviour from need-based to aspiration-based buying are causing women’s and children’s apparel markets to outpace men’s.” 32 I APPAREL I June 2019 The growth from Tier I and Tier II cities is notable. Another report titled ‘Indian Women’s Wear Market Forecast to 2018’ observes how there is a shift from traditional saris to Western and ethnic wear, which is growing at the rates of 11 per cent and 17 per cent respectively. Given these figures, it is clear to see why ethnic wear brands are launching separate lines that comprise Western apparel. The numbers are there and so is the demand, and it is possible to adapt to the existing model, and design and produce Western apparel for the purpose of brand extension. MARKET SPEAK: WHAT IS AVAILABLE IN TERMS OF DESIGN? Fabindia’s offering in summer attire is full of prints, linens, cottons, silks, and even plain fabrics. The range boasts attractive prints, buttons, borders, and embroideries. Soma, on the other hand, has beautiful block prints in off-white and pastel hues. It also incorporates chintz and softer Sanganeri prints, which are not seen much today. AND is home to some elegant creations, and uses a host of fabrics which are not necessarily traditionally Indian but the designs, colours, and styles match up to what is being offered by international brands. Pale yellow finds its place in most creations; indigo is thankfully there, though, on a decline. Coral shades abound—they are