Market Share all over the world:
Nike - 47%
Reebok - 16%
Adidas - 6%
Converse - 3%
New Balance - 3%
others - 25%
The total market value of the footwear industry is INR 160 billion and the organized market is INR 77 billionn with a share of 48.38%.
Unorganized is 51.62 %
In the total market it has a share of 1.20% and in organized market it has 9.89%.
Indian organised foot wear market is dominated by men’s footwear segment that contributes for nearly 60% of the market
The unorganised players have the lions share in the ladies and kids segment with 80 % share.
Indian leather industry is the core strength of the Indian footwear industry. It is the engine of growth for the entire Indian leather industry and India is the second largest global producer of footwear after China.
India produces 2065 million pairs of Different Categories of Footwear (Leather Footwear 909 million pairs, Leather Shoe uppers 100 million pairs and Non-leather footwear 1056 million pairs). India exports about 115 million pairs. Thus, nearly 95% of its production goes to meet its own domestic demand.
Reputed global brands like Florsheim, Nunn Bush, Stacy Adams, Gabor, Clarks, Nike, Reebok, Ecco, Deichmann, Elefanten, St Michaels, Hasley, Salamander and Colehaan are manufactured under license in India.
Leather footwear exported from India are dress shoes, casuals, moccasins, sport shoes, horrachies, sandals, ballerinas, boots. Non-leather footwear exported from India are Shoes, Sandals and Chappals made of rubber, plastic, P.V.C. and other materials.
There are already many new domestic brands of footwear and many foreign brands such as Nike, Adidas, Puma, Reebok, Florsheim, Rockport, etc. have also been able to enter the market.
India is often referred to as the sleeping giant in footwear terms. It has an installed capacity of 1,800 million pairs, second only to China. The bulk of production is in men’s leather shoes and leather uppers for both men and ladies. It has over 100 fully mechanised, modern shoe making plants, as good as anywhere in the world (including Europe). It makes for some upmarket brands including Florsheim (US), Lloyd (Germany), Clarks (UK), Marks and Spencer (UK).
Few Interesting Facts:
- · The Indian footwear retail market is expected to grow at a CAGR of over 20% for the period spanning from 2008 to 2011.
- · Footwear is expected to comprise about 60% of the total leather exports by 2011 from over 38% in 2006-07.
- · Presently, the Indian footwear market is dominated by Men's footwear market that accounts for nearly 58% of the total Indian footwear retail market.
- · By products, the Indian footwear market is dominated by casual footwear market that makes up for nearly two-third of the total footwear retail market.
- · As footwear retailing in India remain focused on men's shoes, there exists a plethora of opportunities in the exclusive ladies' and kids' footwear segment with no organized retailing chain having a national presence in either of these categories.
- · The Indian footwear market scores over other footwear markets as it gives benefits like low cost of production, abundant raw material, and has huge consumption market.
- · The footwear component industry also has enormous opportunity for growth to cater to increasing production of footwear of various types, both for export and domestic market.
Key Players:
The Key Players discussed in the report are Bata India Ltd., Liberty Shoe Ltd., Khadim India Ltd., Adidas AG, NIKE Inc. and Puma AG.
MNC Brands sourced from India | MNC Brands Sold in India | Indian Brands sold in India |
Acme, Clarks, ColeHann, Deichmann, Ecco, Elefanten, Florsheim, Gabor, Hasley, Hush Puppies, Double H, Justin, Marks & Spencer, Nautica, Nike, Nunn Bush, Reebok, Salamander, Stacy Adams, Tony, Lama, Next, Bally | Aldo, Bally, Clarks, Ecco, Florshiem, Ferragammo, Hush Puppies, Lee cooper, Lloyd, Marks & Spencer, Nike, Nine West, New Balance, Reebok, Rockport, Stacy Adams | Red Tape, Bata, Liberty, Khadims, Lakhani, Metro, Action |
good da......keep it up!!!!!
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