Executive Summary

The Report titled “India Apparel and Footwear Market Outlook to 2015” provides a comprehensive analysis of the Indian apparel and footwear industry. The report covers market size of the apparel industry, segmentation on the basis of product, industry structure and demographics, SWOT analysis and future outlook of the apparel industry. It offers market information of the footwear industry, segmentation, SWOT analysis and future outlook. The report also entails information on the sportswear market and various macroeconomic indicators’ current and future projections.

The size of the Indian apparel market has increased from USD 17,803 million in 2003 onwards to USD 32,458 million in 2009 at a CAGR of 10.5%. During 2007-2009, the industry registered a double digit growth rate.

The country has witnessed an increase in the consumer expenditure on apparel. Individuals have become more conscious regarding their outerwear and are willing to spend more on the apparels. The rising population along with the increase in the disposable income of the consumers has led to the increase in the expenditure in the apparel sector. Over the years the expenditure has increased from USD 16.2 in 2003 to USD 27.2 in 2009, registering a CAGR of 9.0%.

Menswear was the largest segment with a market share of 43.1% and the value of USD 13,974 million. Out of the total apparel market of USD 32,458 million, Womenswear commands a market share of 37.5% followed by Kidswear boys with 10.2% and Kidswear girls with 9.2%.

Sarees and ladies suits comprised of the bulk of the Womenswear segment with a total share of more than 70%. Sarees was the biggest segment with a share of 41.6% followed by ladies suits with 28.9%. Inner wear was the third largest segment with a share of 11.2%. Denim and T-shirts constituted with a small market share of 0.7% each. Others constituted with a market share of 1.3% of the total womenswear market.
In 2009, the sportswear market stood at USD 517 million. The mounting popularity of sports, increase in the personal disposable income and change in the lifestyle are the major catalyst for the growth. It is expected that with this rising popularity, the Indian sportswear market will grow at a 6 year compound annual growth rate (CAGR) of 22.8% from USD 517 million in 2009.

India Footwear market has shown phenomenal growth of 17.7% historically during the period of 2003 to 2009 from USD 1,641 million in 2003 to USD 4,367 million in 2009. The market has shown strong double digit growth since 2003 and has been resilient during the financial crisis witnessed in the country in 2009. The market has registered a rise of 18.7% in 2009 from USD 3,679 million in 2008.

Scope of Research

The report will entail thorough analysis and offers valuable insights on the apparel and footwear industry in India. The scope of the report includes:

* The market size of the India apparel and footwear industry in USD, 2003 to 2015
* Consumer Expenditure on apparel and footwear per capita in USD for India, 2003 to 2015
* Consumer Expenditure on apparel and footwear as a % of GDP in USD for India, 2003 to 2015
* Market segmentation on the basis of Product (Menswear, Womenswear, Kidswear boys and girls), Industry Structure and Demographics in India, 2009
* SWOT Analysis of Apparel and Footwear Industry in India
* Market size of the sportswear industry in USD for India, 2009 to 2015
* Current and Projections of the various Macro Economic Indicators, 2009 to 2012
* Valuable Insights and Future Outlook of the apparel and footwear industry in India.

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