Market Research Reports - Ken Research Apparel and Footwear Specialist Retailers in India | Page 2

care more about the quality of products rather than price. Almost all the retailers focus on the ambitious middle- and low-income population who purchase value for money products where non-luxury retailers witness a better performance. Leading Players and Latest Trends: The apparel and footwear specialist retailing in India has witnessed healthy sales after the impact of demonetisation has subsided and consumption has picked up. The increase in consumers’ disposable income and growing internet penetration has driven the growth of apparel and footwear industry in India in the recent years. The domestic leading players in the Indian apparel and footwear market are Future Lifestyle Fashions, Aditya Birla Fashion & Retail and Arvind. These players offer a range of brands such as Fbb, Louis Philippe, Excalibur, Van Heusen, Peter England and Allen Sollyn. Consumers were more comfortable buying apparel and footwear products online that boosted the internet retailing channel for apparel and footwear in India. Footwear Market in India: India is the second largest footwear producer globally with an annual production of 22 billion pairs. The major footwear production centres are Kanpur, Agra, Ranipet, Vaniyambadi and Ambur. The Indian footwear market is dominated by men's footwear and contributes 58% of the total Indian footwear retail market. Casual footwear contributes more to the total footwear retail market. The leading players in the Indian footwear market are Adidas AG, Bata, Liberty Shoes Limited, Nike, Inc., Paragon Group, and Relaxo Footwears Limited. The major footwear in India are boots of rubber or plastic, boots of leather, waterproof protective footwear, other protective footwear, tennis shoes, basketball shoes, gym shoes and training shoes, ski-boots, snowboard boots and cross-country ski footwear, other sports footwear, strap footwear of rubber or plastic, strap footwear of leather, waterproof footwear (covering ankle), other waterproof footwear, other footwear, and footwear parts. Bata India is the leading player in footwear with a wide assortment of products at varying prices. Almost all the designs are targeted at consumers of all social, income and age groups and the company primarily caters to the mass market due to its affordable product range. Relaxo Footwears is the second largest footwear player in India focused on styling and brand revamping. Apparel Market in India: India has a high-growth, fast-changing retail apparel market, with new opportunities for both foreign