Summary
Standing on the threshold of a retail revolution and witnessing a fast changing retail landscape, the Indian footwear market is set to experience the phenomenal growth in coming years. In past few years too, the market has seen robust growth, says "Indian Footwear Industry Analysis", a recent report. This report provides extensive research and in-depth analysis on the Indian footwear market. The detailed data and analysis given in the report will help the client to evaluate the leading-edge opportunities critical to the success of the footwear market in India.
The forecasts and estimations given in this report are not based on a complex economic model, but are intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers.
Key Findings
- 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 Issues & Facts Analyzed
- Where India stands in the global footwear market?
- What are the advantages that Indian footwear market gives?
- What is the past and future performance of Indian footwear market?
- Which are the fastest growing products of Indian footwear market?
- What are the growth prospects of the Indian footwear market?
- What are the key challenges for the footwear market?
- What is the present status of ethnic footwear market in India?
- Who are the key players in the Indian footwear market?
Key Players
This section provides business overview and financial status of key players in the Indian footwear market. The key players discussed in the report are Bata India Ltd., Liberty Shoe Ltd., Khadim India Ltd., Adidas AG, NIKE Inc. and Puma AG.
Research Methodology Used
Information Sources: Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.
Analysis Method: The analysis method includes ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting, and cause and effect analysis.
Table of Contents
1 Overview of The Indian Textile Industry
1.1 Evolution & Growth Of Textile Industry
1.2 Major Policy Changes In The Textile Industry In The Post Independence Era
1.3 Significance Of Textile Industry
2 Classification Of Man Made Fibres
2.1 Synthetic Fibres
2.1.1 Acrylic Fibre
2.1.2 Nylon Fibre
2.1.3 Polyester
2.1.4 Elastane Fibre (Spandex)
2.1.5 Olefin
2.2 Cellulosic Fibres
2.2.1 Rayon
2.2.2 Acetate Fibre
2.2.3 Triacetate Fibre
3 Production Process
3.1 Product Wise Production Process
3.1.1 Acrylic Fibre
3.1.2 Polyester Fibre
3.1.3 Nylon Fibre
3.1.4 Rayon
3.2 Production Process Of Textiles
4 Characteristics Of Indian MMF Industry
4.1 Crude Oil Price Impacts Margins
4.2 Environmental issues
4.3 Low Per Capita Consumption of MMF
4.4 Location Disadvantages and Poor Infrastructure Facilities vis-à-vis competitors
4.5 Duty structure
4.6 Cyclical industry
4.7 Higher domestic consumption compared to exports
4.8 Fragmented end user segment
5 Demand Drivers
5.1 Growing GDP and Per capita income
5.2 Growing population &Changing Fashion Trends
5.3 Availability of cotton
5.4 Demographic factors
5.5 Increasing usage of plastic money
5.6. Growth in usage of technical textiles
6 Product wise Industry Statistics
6.1 Acrylic
6.1.1 Global Scenario
6.1.2 Domestic Scenario
6.2 Nylon
6.2.1 Global Scenario
6.2.2 Domestic Scenario
6.3 Polyester
6.3.1 Global Scenario
6.3.2 Domestic Scenario
6.4 Olefin
6.4.1 Global Scenario
6.4.2 Domestic Scenario
6.5 Rayon (Viscose Rayon)
6.5.1 Global Scenario
6.5.2 Domestic Scenario
7 Cost Analysis
7.1 Raw Material Analysis
7.2 Power & Fuel
7.3 Interest
8 Cotton & Man Made Fibre
8.1 Global Scenario
8.2 Domestic Scenario
9 SWOT Analysis
10 Outlook & Concerns
11 Company Profile
A. Reliance Industries Ltd.
B. Indo Rama Synthetics Ltd
C. Century Enka ltd.
D. Garden Skill Mills
E. Alok Industries Ltd.
ANNEXURES
I. Demand Forecasting Model for MMF industry
II. Policy Changes in Union Budget over the year from 2003-04 to 2008-09
III. Import of Major Raw Material for Man Made Fibre & Yarn
IV. Import of Rayon Grade Wood Pulp
V. Synthetic Fibre/Yarn Production/Capacity Ranking I 20
VI. Export Articles of Apparel & Clothing Accessories-Major Countries
VII. Imports of Man-Made Fibres & Yarns
VIII. Export of Man-Made Fabrics-Major Countries
F. Grasim Industries Ltd.
LIST OF FIGURES
1.1 Growth in number of Textile mills in India (1961-2007)
1.2 Growth of Indian textile exports in USD Bn (1992-2008)
2.1 Classification of MMFs at a glance
3.1 Production process of acrylic fibre
3.2 Production process of Polyester fibre
3.3 Production process of Nylon fibre
3.4 Raw Material Flow Chart
4.1 Crude Oil Price & PFY Margins
4.2 Exports of MMF
4.3 Cyclicality of the textile industry
4.4 Production and Domestic Consumption Of MMF/ Yarns in India
4.5 Organised Polyester Segment
5.1 Growing GDP and Disposable income (2001-2007)
5.2 Share of various fibres in cloth production
5.3 Median age (years)
5.4 Credit Card Usage Trend
5.5 Debit Card Usage Trend
6.1 Country wise share in global production of acrylic fibres
6.2 Share of acrylic fibres in global synthetic fibres production
6.3 Installed capacity and operating rates of ASF in India
6.4 Indian Imports and exports of ASF
6.5 Price trends of ASF
6.6 Share of nylon (polyamide) in global synthetic fibre production
6.7 Country-wise share in global production of nylon
6.8 Imports and exports NFY
6.9 Price trends of NFY
6.10 Global share of polyester in global synthetic fibres production
6.11 Country-wise share in global production of polyester
6.12 Indian imports and exports of polyester
6.13 Price Trend of PFY/POY
6.14 Global production of Olefin
6.15 Country-wise share in global production of Olefin
6.16 Production of Olefin in India
6.17 Global production of viscose rayon
6.18 Country-wise share in global production of viscose rayon
6.19 Imports and Exports of viscose rayon Fibre
6.20 Price Trend of VFY
6.21 Price Trend of VSF
7.1 The production of Acrylonitrile in India
7.2 Domestic price movements of Acrylonitrile
7.3 Global Production, Consumption and Capacity of PTA in 2006
7.4 Global Production, Consumption and Capacity of DMT in 2006
7.5 Production capacity of PTA & DMT in India
7.6 Production of DMT/PTA
7.7 Domestic price movements of PTA
7.8 International price movements of PTA
7.9 Domestic price movements of DMT
7.10 Global Production, Consumption and Capacity of DMT in 2006
7.11 Production, Capacity and operating rates of MEG in India
7.12 Domestic and International price movements of MEG
7.13 The production of RGWP in India
7.14 Production trend of Caprolactum in India
8.1 Global production
8.2 Global consumption
8.3 Global cotton price trend
8.4 Production of Cotton and MMF
8.5 Consumption of Cotton and MMF in India
8.6 Price trend
10.1 US Economy recession surrounds
10.2 Domestic economy-feeling the heat
LIST OF TABLES
1.1 Progress of Tuffs (01.04.1999 to March' 08)
4.1 Low Per Capita Consumption of MMF
4.2 Country wise Infrastructure quality
5.1 Global production and consumption of cotton
5.2 Growth in Usage of Technical Textile
6.1 Total demand of Indian ASF industry
6.2 Total demand of Indian nylon filament yarn (NFY) industry
6.3 Total demand of Indian polyester industry
6.4 Total demand of Indian viscose rayon industry
7.1 Fibre-wise raw materials consumed in the MMF industry
7.2 Producer wise capacity of PTA & DMT in India
7.3 Producer wise MEG production capacity in India in 2008
7.4 Producer wise RGWP production capacity in India in 2008
7.5 Producer wise Caprolactum production capacity in India in 2008
7.6 RM cost analysis-Indo-Rama
7.7 RM cost analysis-Century Enka
7.8 RM cost analysis-JBF Industries
7.9 RM cost analysis-Garden Silk Mills
7.10 RM cost analysis-Vardhaman Acrylics
7.11 RM cost analysis-Alok Industries
7.12 P&F cost analysis
7.13 Interest cost analysis