![BEST FOOT FORWARD: Footwear is the Sole of the Indian Retail Industry](https://cdn.magzter.com/Shoes and Accessories/1717914794/articles/tKPsk7OHr1718022786443/BEST-FOOT-FORWARD-FOOTWEAR-IS-THE-SOLE-OF-THE-INDIAN-RETAIL-INDUSTRY.jpg)
With a burgeoning middle class, increasingly discerning consumers, and a rapidly expanding e-commerce landscape, both established brands and emerging players are navigating a dynamic marketplace characterised by both challenges and opportunities...
The Indian retail landscape is a rich blend of malls, food, fashion and accessories. In fashion retail, the footwear sector stands as a testament to the country’s rich diversity and evolving fashion sensibilities. From Kashmir to Kanyakumari, Mumbai to Jaipur, every corner of India echoes with the rhythm of steps made by feet shod in a variety of footwear styles.
At the heart of India’s footwear retail industry lies a fascinating blend of cultural heritage and contemporary trends. Traditional craftsmanship, passed down through generations, finds expression in comfortable, modern soles. Heritage meets innovation in this dynamic retail segment where modern consumers embrace global footwear trends – from sleek sneakers to elegant stilettos – reflecting an evolving fashion consciousness that transcends borders.
As India steps towards becoming a global economic powerhouse, the footwear retail sector is poised for remarkable growth and transformation. With a burgeoning middle class, increasingly discerning consumers, and a rapidly expanding e-commerce landscape, both established brands and emerging players are navigating a dynamic marketplace characterised by both challenges and opportunities.
Market Overview
The India Footwear Market has witnessed remarkable growth, with a valuation of US$ 15.22 billion in 2022 and is projected to surge at a CAGR of 12.83% from 2023 to 2029, culminating in a value of nearly US$ 35.43 billion, writes Mahesh Ghavale in a report for Maximize Market Research – one of the fastest-growing market research and business consulting firms serving clients globally.
Denne historien er fra May/June 2024-utgaven av Shoes and Accessories.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May/June 2024-utgaven av Shoes and Accessories.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
![Generative AI Empowering Fashion Retail](https://reseuro.magzter.com/100x125/articles/122/1727413/ye81u9m2W1718021850557/GENERATIVE-AI-EMPOWERING-FASHION-RETAIL.jpg)
Generative AI Empowering Fashion Retail
In today’s world of rapid technological change, the idea that machines might become smarter than humans has moved from science fiction to a possible reality.
![ECCO Steps into India: AIMS TO LAUNCH 50 STORES IN 5 YEARS](https://reseuro.magzter.com/100x125/articles/122/1727413/sY3VnMU5Y1718021316685/ECCO-STEPS-INTO-INDIA-AIMS-TO-LAUNCH-50-STORES-IN-5-YEARS.jpg)
ECCO Steps into India: AIMS TO LAUNCH 50 STORES IN 5 YEARS
From the introduction of Direct Injection Technology to the establishment of production facilities in key regions such as China and Vietnam, ECCO's commitment to innovation has remained unwavering...
![APLF 2024 Show Report](https://reseuro.magzter.com/100x125/articles/122/1727413/Flt_Lzj_F1718023014946/APLF-2024-SHOW-REPORT.jpg)
APLF 2024 Show Report
A Global Reunion of Leather, Material, and Fashion Industries: APLF 2024
![BEST FOOT FORWARD: Footwear is the Sole of the Indian Retail Industry](https://reseuro.magzter.com/100x125/articles/122/1727413/tKPsk7OHr1718022786443/BEST-FOOT-FORWARD-FOOTWEAR-IS-THE-SOLE-OF-THE-INDIAN-RETAIL-INDUSTRY.jpg)
BEST FOOT FORWARD: Footwear is the Sole of the Indian Retail Industry
As India steps towards becoming a global economic powerhouse, the footwear retail sector is poised for remarkable growth and transformation.
![Earthly Elegance-Myaraa](https://reseuro.magzter.com/100x125/articles/122/1727413/bcGJvokhS1718019638770/EARTHLY-ELEGANCEMYARAA.jpg)
Earthly Elegance-Myaraa
Cast-offs the foundation of a sustainable luxury brand
![From Corporate Leadership to Entrepreneurship: Abhishek Ganguly's Journey to Co-Founding Agilitas](https://reseuro.magzter.com/100x125/articles/122/1727413/3bOwimeQv1718019196883/FROM-CORPORATE-LEADERSHIP-TO-ENTREPRENEURSHIP-ABHISHEK-GANGULYS-JOURNEY-TO-COFOUNDING-AGILITAS.jpg)
From Corporate Leadership to Entrepreneurship: Abhishek Ganguly's Journey to Co-Founding Agilitas
Founded with a vision to transform the industry, Agilitas boasts a comprehensive approach, seamlessly integrating cutting-edge manufacturing technologies, robust research and development centres, and visionary product design labs...
![CHUPPS Slide into Recovery](https://reseuro.magzter.com/100x125/articles/122/1727413/lB5n5wwn41718018944515/CHUPPS-SLIDE-INTO-RECOVERY.jpg)
CHUPPS Slide into Recovery
In the dynamic realm of athletic recovery, every stride holds the potential for rejuvenation. Whether you're a seasoned professional or a dedicated enthusiast, the journey to peak performance is as much about restorative care as it is about rigorous training. This is where CHUPPS emerges as a beacon of innovation, reshaping the landscape of sliders with a keen focus on sports recovery.
![Stepping Towards Expansion: INC.5](https://reseuro.magzter.com/100x125/articles/122/1727413/rgSPrjvuy1718018430524/STEPPING-TOWARDS-EXPANSION-INC5.jpg)
Stepping Towards Expansion: INC.5
With a network spanning over 220 retail outlets nationwide, Inc.5 is rapidly emerging as the preferred choice for discerning individuals. Marking a significant milestone of 25 years in the industry, the brand has garnered a dedicated following for its premium leather footwear and accessories.
![ON THE RADAR](https://reseuro.magzter.com/100x125/articles/122/1727413/8zSjayBpy1718017591286/ON-THE-RADAR.jpg)
ON THE RADAR
Here we uncover our sizzling selection of Hot Picks” a handpicked assortment of products that are turning up the heat in the market.
![A Resounding Success for the Leather Industry in Bangkok](https://reseuro.magzter.com/100x125/articles/122/1563677/jwtJnd-IU1704793612618/A-RESOUNDING-SUCCESS-FOR-THE-LEATHER-INDUSTRY-IN-BANGKOK.jpg)
A Resounding Success for the Leather Industry in Bangkok
APLF ASEAN 2023 was a game-changer for ASEAN on the global stage, providing a magnificent platform for emerging designers and catering comprehensively to industry needs under one roof.