India Footwear Market Share, Growth, Segmentation and Overview 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “India Footwear Market Report by Product (Non-Athletic Footwear, Athletic Footwear), Material (Rubber, Leather, Plastic, Fabric, and Others), Distribution Channel (Footwear Specialists, Online Sales, Supermarkets and Hypermarkets, Departmental Stores, Clothing Stores, and Others), Pricing (Premium, Mass), End User (Men, Women, Kids), and Region 2024-2032”. The India footwear market share reached US$ 17.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 42.8 Billion by 2032, exhibiting a growth rate (CAGR) of 10.5% during 2024-2032.

The India footwear market is expanding rapidly, owing to increasing disposable income and fast urbanization among the population, which encourage greater expenditure on fashion and lifestyle goods. Besides this, the growing popularity of online shopping and e-commerce platforms, which provide a large selection of goods, savings, and convenience, is rising demand for footwear. Additionally, the surge in the working population and the increasing number of fashion-conscious consumers are boosting the India footwear market.

Meanwhile, the proliferation of organized retail outlets and the entry of international brands have expanded consumer choices, further stimulating the need for both casual and formal footwear. Moreover, the rising health consciousness among individuals is driving the demand for specialized athletic and sports footwear, enhancing market growth.

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India Footwear Market Trends:

Another significant trend shaping the India footwear market is the focus on innovation and sustainability. In addition, companies are investing in advanced manufacturing technologies and eco-friendly materials to meet the growing consumer demand for sustainable products. The emphasis on ergonomic designs and comfort, coupled with the increasing popularity of smart and technologically integrated footwear, is driving product differentiation in the market. Furthermore, the expanding influence of social media and fashion influencers is playing a crucial role in shaping consumer preferences and driving sales. Apart from this, the initiatives of the government bodies to boost the manufacturing sector and support local artisans through schemes like 'Make in India' are also anticipated to provide impetus to the India footwear market over the forecasted period.

India Footwear Market Segmentation:

Breakup by Product:

• Non-Athletic Footwear

• Athletic Footwear

Breakup by Material:

• Rubber

• Leather

• Plastic

• Fabric

• Others

Breakup by Distribution Channel:

• Footwear Specialists

• Online Sales

• Supermarkets and Hypermarkets

• Departmental Stores

• Clothing Stores

• Others

Breakup by Pricing:

• Premium

• Mass

Breakup by End User:

• Men

• Women

• Kids

Breakup by Region:

• North India

• West and Central India

• South India

• East India

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Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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