India Apparel Market, By Women's Apparel; By Men's Apparel; By Children's Apparel; By Footwear; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

List of Tables

India Apparel Market Grows at Steady CAGR to Touch USD 140 Billion by 2030

India Apparel Market is thriving due to rising disposable incomes, urbanization, e-commerce growth, evolving fashion trends, growing brand awareness, and a growing young population seeking diverse, trendy, and affordable clothing options.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Apparel Market size by value at USD 106.87 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Apparel Market size to expand at a CAGR of 3.88% reaching a value of USD 139.54 billion by 2030. The growth of India Apparel Market is driven by rising disposable incomes, urbanization, and an expanding middle class with evolving fashion preferences. Increasing e-commerce adoption offers convenience and variety, attracting tech-savvy consumers. Additionally, brand-consciousness and demand for quality products are propelling premium and branded apparel. The rise of social media influencers and fashion trends also impacts purchasing decisions, while favorable government policies supporting textile manufacturing and exports contribute to the expansion of India Apparel Market in the coming years.

Opportunity - Growing Middle Class Population

The growing middle class across the country is a major growth driver for India Apparel Market. The People Research on India's Consumer Economy (PRICE) and India's Citizen Environment estimated there were more than 430 million Indians (about 31% of the country's total population) in the middle class with an annual income ranging from about INR 1.10 to INR 6.5 lakhs during 2020-2021. And by 2046-2047, the percentage of middle class people in the total population is expected to almost double (61%). The World Economic Forum (WEF) projects that about 140 million Indians will join the country's middle class by 2030. As growing number of people with increasing disposable income, more consumers can afford a variety of clothing, including branded and designer wear. This demographic shift is leading to an increasing demand for both traditional and Western-style apparel across urban and semi-urban areas. The middle class's evolving preferences for fashion-forward and quality products are expected to fuel the growth of India Apparel Market over the forecast period.

Impact of Escalating Geopolitical Tensions on India Apparel Market

Escalating geopolitical tensions could negatively impact India Apparel Market by disrupting supply chains, increasing raw material costs, and creating uncertainties in export and import activities. Trade restrictions, tariffs, and border tensions could limit access to key markets and suppliers, affecting production timelines and profitability. Additionally, consumer confidence may decline, leading to reduced demand for non-essential goods like apparel. However, a shift toward local sourcing and diversification of markets could mitigate some of these challenges.

Casual Footwear Segment Leads India Apparel Market

The casual footwear segment dominates India Apparel Market, primarily driven by the growing demand from younger consumers for stylish and comfortable shoes ideal for everyday use. The surge in popularity of athleisure and casual fashion trends plays a key role in the expansion of this segment. Casual footwear, such as sneakers and slip-ons, is preferred for its versatility and comfort, appealing to both urban and semi-urban populations. Additionally, rising disposable incomes and evolving fashion preferences further boost the demand for casual footwear.

Competitive Landscape

India Apparel Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Aditya Birla Fashion and Retail Limited, Alok Industries Ltd, Arvind Limited, Gokaldas Exports, Kitex Garments, KPR Mill, Lux Industries, Page Industries, Raymond Ltd, Relaxo, The Bata Corporation, Trident, Welspun India, Vardhman Textiles Ltd, Westside, and Zudio. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in India Apparel Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Apparel Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Apparel Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24854

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. India Apparel Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rising Disposable Incomes
  - 3.2.1.2. Rapid urbanization
  - 3.2.1.3. E-commerce Boom
- 3.2.2. Restraints
  - 3.2.2.1. Competition from International Brands
  - 3.2.2.2. Supply Chain Disruptions
  - 3.2.2.3. Rising Labor Costs
- 3.2.3. Opportunities
  - 3.2.3.1. Sustainable Fashion
  - 3.2.3.2. Technological Advancements
  - 3.2.3.3. Expansion of Middle Class
- 3.2.4. Challenges
  - 3.2.4.1. Changing Consumer Preferences
  - 3.2.4.2. Quality Control
  - 3.2.4.3. Regulatory Compliance
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. India Apparel Market: Marketing Strategies

5. India Apparel Market Overview

5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
- 5.2.1. By Women's Apparel
  - 5.2.1.1. Dresses
  - 5.2.1.2. Skirts
  - 5.2.1.3. Blouses
  - 5.2.1.4. Trousers
  - 5.2.1.5. Accessories
  - 5.2.1.6. Others
- 5.2.2. By Men's Apparel
  - 5.2.2.1. Shirts
  - 5.2.2.2. Trousers
  - 5.2.2.3. Suits
  - 5.2.2.4. Jackets
  - 5.2.2.5. Accessories
  - 5.2.2.6. Others
- 5.2.3. By Children's Apparel
  - 5.2.3.1. Boys' Clothing
  - 5.2.3.2. Girls' Clothing
  - 5.2.3.3. Coats
  - 5.2.3.4. Dresses
  - 5.2.3.5. Trousers
  - 5.2.3.6. Others
- 5.2.4. By Footwear
  - 5.2.4.1. Shoes
  - 5.2.4.2. Sandals
  - 5.2.4.3. Sports Footwear
  - 5.2.4.4. Formal Footwear
  - 5.2.4.5. Casual Footwear
  - 5.2.4.6. Others
- 5.2.5. By Region
  - 5.2.5.1. North India
  - 5.2.5.2. South India
  - 5.2.5.3. East India
  - 5.2.5.4. West India

6. North India Apparel Market

6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Billion)
6.2. Market Share & Forecast
- 6.2.1. By Women's Apparel
- 6.2.2. By Men's Apparel
- 6.2.3. By Children's Apparel
- 6.2.4. By Footwear

7. South India Apparel Market

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Women's Apparel
- 7.2.2. By Men's Apparel
- 7.2.3. By Children's Apparel
- 7.2.4. By Footwear

8. East India Apparel Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Women's Apparel
- 8.2.2. By Men's Apparel
- 8.2.3. By Children's Apparel
- 8.2.4. By Footwear

9. West India Apparel Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Women's Apparel
- 9.2.2. By Men's Apparel
- 9.2.3. By Children's Apparel
- 9.2.4. By Footwear

10. Competitive Landscape

10.1. List of Key Players and Their Offerings
10.2. India Apparel Company Market Share Analysis, 2023
10.3. Competitive Benchmarking, By Operation Channel Parameters
10.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Escalating Geopolitical Tensions on India Apparel Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

12.1. Aditya Birla Fashion and Retail Limited
12.2. Alok Industries Ltd
12.3. Arvind Limited
12.4. Gokaldas Exports
12.5. Kitex Garments
12.6. KPR Mill
12.7. Lux Industries
12.8. Page Industries
12.9. Raymond Ltd
12.10. Relaxo
12.11. The Bata Corporation
12.12. Trident
12.13. Vardhman Textiles Ltd
12.14. Welspun India
12.15. Westside
12.16. Zudio
12.17. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumption & Limitation

*Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

Product Code: BWC24854

List of Figures

Figure 1 India Apparel Market Segmentation
Figure 2 India Apparel Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 India Apparel Market Size, By Value (USD Billion), 2019-2030
Figure 5 India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Figure 6 India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Figure 7 India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Figure 8 India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Figure 9 India Apparel Market Share, By Region, By Value (USD Billion) 2019-2030
Figure 10 North India Apparel Market Size, By Value (USD Billion), 2019-2030
Figure 11 North India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Figure 12 North India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Figure 13 North India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Figure 14 North India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Figure 15 South India Apparel Market Size, By Value (USD Billion), 2019-2030
Figure 16 South India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Figure 17 South India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Figure 18 South India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Figure 19 South India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Figure 20 East India Apparel Market Size, By Value (USD Billion), 2019-2030
Figure 21 East India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Figure 22 East India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Figure 23 East India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Figure 24 East India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Figure 25 West India Apparel Market Size, By Value (USD Billion), 2019-2030
Figure 26 West India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Figure 27 West India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Figure 28 West India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Figure 29 West India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030

List of Tables

Table 1 India Apparel Market Size, By Value (USD Billion), 2019-2030
Table 2 India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Table 3 India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Table 4 India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Table 5 India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Table 6 India Apparel Market Share, By Region, By Value (USD Billion) 2019-2030
Table 7 North India Apparel Market Size, By Value (USD Billion), 2019-2030
Table 8 North India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Table 9 North India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Table 10 North India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Table 11 North India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Table 12 South India Apparel Market Size, By Value (USD Billion), 2019-2030
Table 13 South India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Table 14 South India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Table 15 South India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Table 16 South India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Table 17 East India Apparel Market Size, By Value (USD Billion), 2019-2030
Table 18 East India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Table 19 East India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Table 20 East India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Table 21 East India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Table 22 West India Apparel Market Size, By Value (USD Billion), 2019-2030
Table 23 West India Apparel Market Share, By Women's Apparel, By Value (USD Billion) 2019-2030
Table 24 West India Apparel Market Share, By Men's Apparel, By Value (USD Billion) 2019-2030
Table 25 West India Apparel Market Share, By Children's Apparel, By Value (USD Billion) 2019-2030
Table 26 West India Apparel Market Share, By Footwear, By Value (USD Billion) 2019-2030
Table 27 Aditya Birla Fashion and Retail Limited Company Overview
Table 28 Aditya Birla Fashion and Retail Limited Financial Overview
Table 29 Alok Industries Ltd Company Overview
Table 30 Alok Industries Ltd Financial Overview
Table 31 Arvind Limited Company Overview
Table 32 Arvind Limited Financial Overview
Table 33 Gokaldas Exports Company Overview
Table 34 Gokaldas Exports Financial Overview
Table 35 Kitex Garments Company Overview
Table 36 Kitex Garments Financial Overview
Table 37 KPR Mill Company Overview
Table 38 KPR Mill Financial Overview
Table 39 Lux Industries Company Overview
Table 40 Lux Industries Financial Overview
Table 41 Page Industries Company Overview
Table 42 Page Industries Financial Overview
Table 43 Raymond Ltd Company Overview
Table 44 Raymond Ltd Financial Overview
Table 45 Relaxo Company Overview
Table 46 Relaxo Financial Overview
Table 47 The Bata Corporation Company Overview
Table 48 The Bata Corporation Financial Overview
Table 49 Trident Company Overview
Table 50 Trident Financial Overview
Table 51 Vardhman Textiles Ltd Company Overview
Table 52 Vardhman Textiles Ltd Financial Overview
Table 53 Welspun India Company Overview
Table 54 Welspun India Financial Overview
Table 55 Westside Company Overview
Table 56 Westside Financial Overview
Table 57 Zudio Company Overview
Table 58 Zudio Financial Overview

India Apparel Market, By Women's Apparel; By Men's Apparel; By Children's Apparel; By Footwear; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030

Description

Table of Contents

List of Tables

Table of Contents

1. Research Framework

2. Executive Summary

3. India Apparel Market Insights

4. India Apparel Market: Marketing Strategies

5. India Apparel Market Overview

6. North India Apparel Market

7. South India Apparel Market

8. East India Apparel Market

9. West India Apparel Market

10. Competitive Landscape

11. Impact of Escalating Geopolitical Tensions on India Apparel Market

12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

13. Key Strategic Recommendations

14. Research Methodology

List of Figures

List of Tables