Clothing & Footwear Retailing in India – Market Summary & Forecasts

Pages: 71 Published: June 01, 2014 Report Code: RT0064SR

A strong and growing economy presents numerous opportunities for organized retailers, the country’s young and expanding middle class hold the key for the growth of retail industry Festive seasons and national holidays which are spread across the year are stimulating consumer retail spending, rural areas are still largely untapped markets Infrastructure, policy paralysis and supply chain constraints are some of the major growth roadblocks for the growth of retail Westernization and changing lifestyle bringing more opportunities for growth of clothing and footwear Clothing and footwear retailers target second and third-tier cities for sales growth

Scope

“Clothing & Footwear Retailing in India – Market Summary & Forecasts” is a detailed sector report providing comprehensive analysis of the emerging trends, forecasts and opportunities in India’s clothing and footwear retail market

The report is a result of a thorough analysis of consumer trends, and changing economic and population factors of the country.

The report provides both qualitative and quantitative insights of the changing clothing and footwear retail dynamics across 17 retail channels and 6 sub-product sectors.

It provides an overview of key retailers operating across the product segment and their presence across channels

Reasons to Buy

The report provides a comprehensive overview of the Indian clothing and footwear retail market for companies already operating in and those wishing to enter the Indian market.

Understand which channels will be the major winners and losers over the coming years and plan accordingly, with a comprehensive coverage covering 6 sub-product sectors that include: Men’s Clothing, Women’s Clothing, Children’s Clothing, Men’s Footwear, Women’s Footwear, Kids Footwear.

Benefit from a detailed analysis of vital economic and population trends and key consumer trends influencing the retail market.

Monitor the competitive landscape with the analysis of key international and domestic players in clothing and footwear market.

Key Players

Landmark Group
Zodiac Clothing Company Ltd
Trent Ltd
Future Group
Pantaloons Fashion & Retail Limited
Provogue (India) Limited
Indiabulls Group
Levi Strauss & Co.
Reliance Retail Limited
Shoppers Stop Ltd
Myntra
Marks and Spencer Group Plc.
In

Table of Contents

1 Introduction

1.1 What is this Report About?

2 Executive Summary & Outlook

3 Market Context

3.1 A strong economy with major growth potential for retailers

3.1.1 An economy with high potential for growth

3.1.2 Lower household savings to translate to higher spending

3.1.3 Agriculture still the dominant sector but manufacturing and services gaining share

3.1.4 High inflation levels a concern

3.1.5 Household consumption trebles driving spending power

3.2 Large population with growing prosperity makes India a big attraction for retail

4 Indian Shoppers

4.1 Growing middle class and their aspirations for a better lifestyle

4.2 Continuing consumer preference for mom and pop (kirana) stores

4.3 Children and youth of India key target groups

4.4 The urban-rural divide prompts two distinct consumption patterns

4.5 Festive seasons and national holidays stimulating consumer spending

4.6 Brand conscious shoppers on the rise, while value shoppers continue to dominate

4.7 Tourism/travel increases awareness of international brands

5 Doing business in India

5.1 FDI in Indian retail sector

5.2 Underdeveloped infrastructure, supply chain constrains and high rentals remain as major growth roadblocks

5.3 Complicated taxation policies

5.4 Hopes on the new government to bring in clarity on FDI

6 Retail – Product Sectors

6.1 Product Sector Topline

6.2 Product Sector Analysis

6.2.1 Clothing

6.2.2 Footwear

6.3 Major Retailers

6.3.1 Clothing

6.3.2 Footwear

7 Appendix

7.1 Definitions

7.1.1 This report provides 2013 actual sales; while forecasts are provided for 2013 – 2018

7.2 Summary Methodology

7.2.1 Overview

7.2.2 The triangulated market sizing method

7.2.3 Industry surveys in the creation of retail market data

7.2.4 Quality control and standardized processes

7.3 About Conlumino

7.4 Disclaimer

List of Tables

Table 1: India Clothing and Footwear Retail Sales (INR mn), by Product Sub-Category, 2008–2013

Table 2: India Clothing and Footwear Retail Sales (INR mn), by Product Sub-Category, 2013–2018

Table 3: India Clothing and Footwear Retail Sales (USD mn), by Product Sub-Category, 2008–2013

Table 4: India Clothing and Footwear Retail Sales (USD mn), by Product Sub-Category, 2013–2018

Table 5: India Clothing and Footwear Retail Sales (INR bn), by Channel Group, 2008–2013

Table 6: India Clothing and Footwear Retail Sales Forecast (INR bn), by Channel Group, 2013–2018

Table 7: India Clothing and Footwear Retail Sales (USD mn), by Channel Group, 2008–2013

Table 8: India Clothing and Footwear Retail Sales Forecast (USD mn), by Channel Group, 2013–2018

Table 9: India Clothing and Footwear Retail Segmentation, by Channel Group, 2008–2018

Table 10: Key Clothing Retailers in India

Table 11: Key Footwear Retailers in India

Table 12: India Exchange Rate INR–USD (Annual Average), 2008–2013

Table 13: India Exchange Rate INR–USD (Annual Average), 2014–2018 Forecasts

Table 14: Conlumino Retail Channel Definitions

Table 15: Conlumino Retail Category Definitions

List of Figures

Figure 1: GDP Value (US$ Billion), 2007–2013E

Figure 2: Growth Rate of GDP (US$ Billion, %), 2007–2013E

Figure 3: Forecasts for GDP Value and Growth (US$ Billion, %) 2013–2018

Figure 4: Household Savings Rate as a Percentage of GDP (%), 2003–2013E

Figure 5: Share of Employment by Sector 2003 and 2013E

Figure 6: Unemployment Rate 2003–2013E

Figure 7: Inflation Growth Rates (%), 2003–2013

Figure 8: Household Consumption Expenditure of India (US$ Billion), 2003 and 2013E

Figure 9: Household Consumption Expenditure of Major Countries (US$ Billion), 2013E

Figure 10: Growth of Household Consumption Expenditure (%), 2003–2013E

Figure 11: Rural and Urban Populations (millions) 2003, 2013 and 2018

Figure 12: Total Population and Growth Rate (Millions, %), 2003–2018

Figure 13: Population Split by Gender (%),2013and2018

Figure 14: Population Split by Age Group (%), 2013 and 2018

Figure 15: Per Capita Spend on Retail(INR), 2005and 2013

Figure 16: Per Capita Spend (INR)and Total Retail Spend by Age Group (%), 2005and 2013

Figure 17: Population distribution by income class and amenities owned by the Indian middle class, 2009–2010

Figure 18: Polarization of typical Indian shoppers

Figure 19: Retail initiatives by Indian manufacturers in rural India

Figure 20: Prime Destitions for India Tourists (000s)2007and 2013E

Figure 21: Major Cities with High Spend on Retail

Figure 22: Key Components of Doing Business in India

Figure 23: Major guidelines for FDI in India

Figure 24: Impediments to Growth

Figure 25: India Clothing and Footwear Retail Sales and Forecast (INR bn), by Channel Group, 2008–2018

Figure 26: Share of Clothing in overall Retail 2013 and 2018

Figure 27: Retail Sales Value and Growth (INR Billion, %) of Clothing 2013–2018

Figure 28: Spend per Head on Clothing 2013 and 2018

Figure 29: Share of Clothing by Women’s Wear, Men’s Wear and Children’s Wear 2013 and 2018

Figure 30: Women’s Wear Sales Value and Growth (INR Billion, %) 2013–2018

Figure 31: Men’s Wear Sales Value and Growth (INR Billion, %) 2013–2018

Figure 32: Children’s Wear Sales Value and Growth (INR Billion, %) 2013–2018

Figure 33: Online Spend in Clothing 2013–2018

Figure 34: Online Share of Total Clothing Spend 2013 and 2018

Figure 35: Spending per Channel in Clothing (%) 2013 and 2018

Figure 36: Share of Footwear in Total Retail 2013 and 2018

Figure 37: Retail Sales Value and Growth (INR Billion, %) of Footwear 2013–2018

Figure 38: Spend per Head on Footwear 2013 and 2018

Figure 39: Share of Footwear by Women’s Footwear, Men’s Footwear and Children’s Footwear 2013

Figure 40: Women’s Footwear Sales Value and Growth (INR Billion, %) 2013–2018

Figure 41: Men’s Footwear Sales Value and Growth (INR Billion, %) 2013–2018

Figure 42: Children’s Footwear Sales Value and Growth (INR Billion, %) 2013–2018

Figure 43: Online Spend in Footwear 2013–2018

Figure 44: Online Share of total Footwear Spend 2013 and 2018

Figure 45: Spending per Channel in Footwear (%) 2013 and 2018

Figure 46: The Triangulated Market Sizing Methodology

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