No country in the history has achieved a long term sustained growth backed just by its agriculture sector, and the need for long-term sustainable growth causes an extraordinary scale of urbanization in India. On an average in every one minute 30 Indians migrate from rural to urban cities. About million Indians will move to urban cities byand this number will be doubled to million bywhich is 2. Existing cities might become slums by because of a huge influx of the rural population in urban cities and insufficient resources to hold that population.
Footwear industry is growing at a steady pace since the past few years. Analysis of the report includes various types of footwear including athletic and non-athletic shoes used by individuals of all age groups and gender.
The rising demand for fancy, trendy yet comfortable footwear among all age groups is a key factor driving the global footwear industry. The global footwear market is segmented by type of footwear, end users of footwear, various platforms for sale of footwear, material used, and their sales across various geographies.
Asian countries, such as China and India are major exporters of leather footwear across developed countries UK and US. The report explains material used for manufacturing footwear, which includes leather and non-leather; and analyzes the market for both types of footwear.
Leather footwear are premium products occupying a significant market share in the global market for footwear. Additionally, rising health concerns are influencing individuals to perform indoor and outdoor physical activities. This trend has generated a high demand for athletic shoes, in turn increasing the demand for footwear.
Over the past decade, the global market for footwear has witnessed a steady growth and is anticipated to continue at the same pace in the years to come. The estimation of global market is based on revenue generated by the sale of footwear across different geographic regions.
Market players are also focusing on expanding their sales channels through different web portals across various regions. Online platforms for purchase of footwear are gaining steady popularity among teenagers and youths, thereby occupying a significant share among all distribution channels.
Presently, manufacturers are focusing on developing and innovating new products, to maintain their market positions. Leading companies operating in the market, such as Adidas, Timberland, Nike, and ECCO among others are constantly devising new solutions and focusing on providing better services while upgrading the designs of their existing footwear models.
The launch helped the company increase more customers for football shoes manufactured by the company. The shoe industry is set to scale new heights amidst a dynamic competitive landscape. Additionally, companies are using various platforms, such as Olympic Games, F1 car racing events and are collaborating with international sports platforms in a bid to promote themselves worldwide.
In JulyAdidas collaborated with Manchester United to promote its brand among football teams. This partnership provided necessary platform for Adidas to reinforce their brand image on international sports platform, thereby making considerable additions to their brand.
The key players profiled in this report are Nike Inc. By type, the report segments the market into athletic and non-athletic footwear. Increasing health awareness is generating higher demand for athletic footwear among individuals worldwide.
In addition, changing lifestyles and rising number of working professionals are leading the demand for non-athletic footwear segment.
The mode of sale segments the market into retail and online sale. The increasing preferences of consumers towards online medium are driving the sales through online retail websites. Retail stores offer a superior buying experience to the customers as compared to online sales, thereby acting as the dominant mode of sale segment.
By material type, the report segments the market into leather and non-leather footwear, wherein leather footwear occupies larger market share. Get more information on this report: China is the largest manufacturer, consumer, and exporter of footwear in the Asia-Pacific region.
Asian countries, such as China and India are the major producers of footwear worldwide. These countries largely export their footwear products to United States and United Kingdom. China has secured a supreme position in the global footwear industry. Non-athletic footwear has witnessed increased demand among individuals owing to changing lifestyles in this region.
Domestic footwear manufacturers dominate the Chinese footwear market share. Following diagram shows the Chinese footwear consumption during Each of these players add a specific value to their business operations, in turn, contributing to the competitive value of the product.
Request Sample Pages Raw material supplier Various raw materials, such as skin, jute, leather, rubber, plastics, synthetics, and PVC soles among others are used for manufacturing footwear products.
The footwear manufacturing companies including PUMA, Adidas, Crocs, and Timberland procure all these materials from different vendors to manufacture different footwear. Footwear manufacturer Companies are responsible for designing, manufacturing, and packaging footwear with all necessary requirements.
To innovate and conceptualize new designs, footwear manufacturers keep track of changing consumer preferences to keep pace with their tastes.
Attractive designs are important yardsticks taken into consideration while purchasing a specific footwear. Distributors Distributors of footwear supply shoes, sandals, and boots to different entities, such as retail stores, brand outlets, discount stores, online stores, and manufacturer owned online web portals.
With the retail platforms, manufacturers understand the overall market demand and have opened their own outlets across various potential markets.Puma Sports India continues to lead in sportswear with a strong presence in both sports apparel and footwear Puma continued to lead the sportswear category in India in , on the strength of its wide range of sports apparel and sports footwear products along with a well-established retail presence.
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Follow Following Unfollow. Message. Adidas exhibition booth. adidas exhibition booth Published: Thank You! Add to Collection. Follow Following Unfollow. Add to Collection Copy link. Report. Careers at Behance. Fibre2Fashion News Desk – India In the first nine months of , revenues of Adidas, the largest sportswear manufacturer in Europe, grew by 9 per cent on a currency-neutral basis.
Adidas Mktg Industry Analysis (India) - Free download as Powerpoint Presentation .ppt), PDF File .pdf), Text File .txt) or view presentation slides online. Scribd is 5/5(13). Footwear Market Overview Global Footwear Market is expected to garner $ billion by , registering a CAGR of % during the forecast period - Footwear industry is growing at a steady pace since the past few years.
Currently, some of the largest footwear manufacturers in India include Bata India Limited, Liberty Shoes Limited, Paragon Group, Relaxo Footwears Limited, Adidas AG, PUMA, Geox S.p.A., Skechers USA, Incorporation, Nike Incorporation, and Under Armour Inc.