India Apparel Retail Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Apparel Retail in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The Indian apparel retail industry had total revenues of $53.8 billion in 2021, representing a compound annual growth rate (CAGR) of 4.8% between 2017 and 2021.
- Clothing, footwear, and accessories specialists account for the largest proportion of sales in the Indian apparel retail industry in 2021, sales through this channel generated $30.7 billion, equivalent to 56.9% of the industry's overall value.
- The Indian industry witnessed swift growth as the lockdown measures were lifted and the economy witnessed recovery. According to in house research, India’s unemployment rate decreased to 7.8% in 2021.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in India
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India apparel retail market with five year forecasts by both value and volume
- What was the size of the India apparel retail market by value in 2021?
- What will be the size of the India apparel retail market in 2026?
- What factors are affecting the strength of competition in the India apparel retail market?
- How has the market performed over the last five years?
- Who are the top competitors in India's apparel retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. What are the strengths of leading players?
- 8 Company Profiles
- 8.1. Reliance Industries Limited
- 8.2. Future Retail Ltd
- 8.3. Aditya Birla Fashion and Retail Ltd
- 8.4. V. F. Corporation
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: India apparel retail industry value: $ million, 2016–21
- Table 2: India apparel retail industry category segmentation: % share, by value, 2016–2021
- Table 3: India apparel retail industry category segmentation: $ million, 2016-2021
- Table 4: India apparel retail industry geography segmentation: $ million, 2021
- Table 5: India apparel retail industry distribution: % share, by value, 2021
- Table 6: India apparel retail industry value forecast: $ million, 2021–26
- Table 7: Reliance Industries Limited: key facts
- Table 8: Reliance Industries Limited: Annual Financial Ratios
- Table 9: Reliance Industries Limited: Key Employees
- Table 10: Future Retail Ltd: key facts
- Table 11: Future Retail Ltd: Annual Financial Ratios
- Table 12: Future Retail Ltd: Key Employees
- Table 13: Aditya Birla Fashion and Retail Ltd: key facts
- Table 14: Aditya Birla Fashion and Retail Ltd: Annual Financial Ratios
- Table 15: Aditya Birla Fashion and Retail Ltd: Key Employees
- Table 16: V. F. Corporation: key facts
- Table 17: V. F. Corporation: Annual Financial Ratios
- Table 18: V. F. Corporation: Key Employees
- Table 19: V. F. Corporation: Key Employees Continued
- Table 20: India size of population (million), 2017–21
- Table 21: India gdp (constant 2005 prices, $ billion), 2017–21
- Table 22: India gdp (current prices, $ billion), 2017–21
- Table 23: India inflation, 2017–21
- Table 24: India consumer price index (absolute), 2017–21
- Table 25: India exchange rate, 2017–21
- List of Figures
- Figure 1: India apparel retail industry value: $ million, 2016–21
- Figure 2: India apparel retail industry category segmentation: $ million, 2016-2021
- Figure 3: India apparel retail industry geography segmentation: % share, by value, 2021
- Figure 4: India apparel retail industry distribution: % share, by value, 2021
- Figure 5: India apparel retail industry value forecast: $ million, 2021–26
- Figure 6: Forces driving competition in the apparel retail industry in India, 2021
- Figure 7: Drivers of buyer power in the apparel retail industry in India, 2021
- Figure 8: Drivers of supplier power in the apparel retail industry in India, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in India, 2021
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in India, 2021
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in India, 2021
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