The men’s apparel and footwear industry has showcased a stupendous progress over the period of 2006-2012. The growth of the apparel and footwear market in India has been driven by a rising awareness of international brands and increasing trends of fashion amongst the male segment of the population. Furthermore, India’s enlarging male population has provided a strong impetus to the demand for men’s apparel and footwear in the recent years. Over the past few years, India has been showcasing a gradual rise in the number of middle class population. The urban middle class section of the population of India has been the largest buyer of men’s apparel and footwear with increasing spending capacity due to rising disposable income in the recent years.
India men’s apparel and footwear market has showcased an upward thrust in terms of growth, inclining at the rate of ~% in 2012. During this year, the men’s apparel and footwear market registered revenues worth USD ~ million, growing from USD ~ million in 2011. Traditionally men used to wear suits, sherwani’s and traditional long coats during special festive occasions and celebrations which have been now replaced with western style jackets and collared shirts. The male population in the country is inclined more towards the purchase of clothes for a specific purpose. The apparel industry in the country has provided a wide variety of clothes for different occasions and purpose to the people.
According to the research report “India Men’s Apparel and Footwear Market Outlook to 2017” by Ken Research, the India Men’s apparel and footwear market would grow at a considerable CAGR, exceeding USD 43,372.3 million by 2017.
“Indian men’s shirt market has been historically dominated by the local players. However, the organized market for men’s shirts in the country has witnessed a revamp with the arrival of leading global apparel manufacturers as well as increasing joint ventures with domestic players in apparel space”, according to the Research Analyst, Ken Research.
The report provides detailed overview on the men’s apparel and footwear market in India and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, apparel and footwear manufacturers, retailers and other stakeholders align their market centric strategies according to ongoing and expected trends in future.
Contact Person: Ankur Gupta
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Apparel, Footwear, Casualwear, Formalwear, menswear, shirts, trousers, denim, winter wear, inner wear, suits, t-shirts, active wear, ethnic wear and,