Apparel Market in India 2012-2016
- ID: 2623476
- August 2013
- Region: India
- 50 Pages
The analysts forecast the Apparel market in India to grow at a CAGR of 12.65 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing urbanization in India. The Apparel market in India has also been witnessing increasing online retail sales. However, the increase in the number of counterfeit apparels could pose a challenge to the growth of this market.
The report, the Apparel Market in India 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also covers the Apparel market in India landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space include Aditya Birla Nuvo Ltd., Arvind Ltd., and The Raymond Group.
The other vendors mentioned in this report are Alok Industries Ltd., Bombay Dyeing & Mfg. Co. Ltd., Mafatlal Industries Ltd., Monte Carlo Fashion Ltd., and Reliance Industries Ltd.
Key questions answered in this report:
- What will the market size be in 2016 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
Market Research Process
05. Scope of the Report
06. Market Landscape
06.1 Market Size and Forecast
06.2 Five Forces Analysis
07. Market Segmentation
08. Demographic Segmentation
08.1 Apparel Market in India - Segmentation by Retail Format
08.2 Apparel Market in India - Segmentation by Gender
08.3 Apparel Market in India - Segmentation by Area
09. Vendor Landscape
09.1 Key Vendors
09.2 Ranking of Key Vendors
09.3 Key Retailers
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
16.1 Aditya Birla Nuvo Ltd.
16.2 Arvind Ltd.
16.3 The Raymond Group
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Apparel Market in India 2012-2016 (US$ billion)
Exhibit 3: Apparel Market in India by Product Type
Exhibit 4: Apparel Market in India by Product Type 2012-2016
Exhibit 5: Apparel Market in India by Product Type 2012-2016 (US$ billion)
Exhibit 6: Apparel Market in India - Segmentation by Retail Format 2012
Exhibit 7: Apparel Market in India - Segmentation by Gender 2012
Exhibit 8: Apparel Market in India - Segmentation by Area 2012
Exhibit 9: Apparel Market In India by Vendor Ranking 2012
Exhibit 10: Business Segmentation of Aditya Birla Nuvo Ltd.
Exhibit 11: Business Segmentation of Arvind Ltd.
Exhibit 12: Business Segmentation of The Raymond Group
Commenting on the report, an analyst from the team said: “E-commerce is a medium of buying and selling products and services through electronic mediums such as the internet. There were approximately 138 million internet users in India in 2012 and the number is expected to grow with the penetration of the internet during the forecast period. Indian consumers are price-sensitive and value-conscious while purchasing apparels. They intend to shop online as it provides them ease of delivery and added discounts compared to store-based outlets. Currently, online apparel retail constitutes merely 5-7 percent of the Apparel market in India, but it is expected to grow at a CAGR of more than 35 percent in the next ten years. Internet shopping not only provides access to products from home, but also provides discount benefits and allows customers to compare prices offered by various companies. There are a number of online retailers such as such Flipkart, Jabong, and Myntra present in the market, offering a variety of apparels with exclusive services and discounts to attract consumers. Hence, online shopping is appealing to youth in India and the demand for apparels is expected to grow during the forecast period.”
According to the report, one of the main drivers is the increase in young population has resulted in more demand for apparels, as the youth of India are more educated and savvy about brands and the latest fashion and styles. This has boosted the demand for varied brands, driving the sales in the Apparel market in India.
Further, the report states that one of the main challenges in this market is the increase in number of counterfeit apparels in the market. Due to presence of a large number of shopkeepers who sell fake branded items with similar designs at cheap prices, companies have been facing huge losses, as consumers prefer buying such cheap and fake apparel.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Alok Industries Ltd., Bombay Dyeing & Mfg. Co. Ltd., Mafatlal Industries Ltd., Monte Carlo Fashion Ltd., and Reliance Industries Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.