THE RESEARCH REPORT ON THE MEN’S CLOTHING AND FOOTWEAR INDUSTRY IN INDIA

Over the course of the years 2006–2012, the men’s clothing and footwear business shown a phenomenal amount of development and growth. The expansion of the clothing and footwear industry in India has been propelled by an increased awareness of foreign brands and an increase in the prevalence of various fashion trends among the country’s male demographic segment. Additionally, in recent years, the need for men’s clothes and footwear has been given a significant boost by India’s growing male population, which has provided a strong push for the demand. India has been seeing a steady increase in the number of people who fall into the middle class over the course of the last few years. Because of their growing ability to spend money as a result of increases in their disposable income in recent years, members of India’s urban middle class population have become the country’s top buyers of men’s clothing and footwear. The market for men’s clothes and footwear in India shown positive signs of advancement in the form of growth in 2012, with the increase coming in at a rate of percent. The market for men’s clothes and footwear had sales of million U.S. dollars during this year, representing a year-over-year increase from million U.S. dollars in 2011. During important festive events and festivities, males would historically dress in suits, sherwanis, and traditional long coats. These garments have now been replaced by western-style jackets and collared shirts. The majority of the male population in the nation has a greater propensity toward the acquisition of clothing for a specialized function. The textile and clothing industry in the nation has made available to the population a diverse range of garments suitable for a variety of events and functions. According to the findings of ken research’s study report titled “india men’s apparel and footwear market forecast to 2017,” the india men’s apparel and footwear market is expected to expand at a significant cagr and reach an amount more than USD 43,372.3 million by the year 2017. The market for men’s shirts in India has always been controlled by the country’s indigenous manufacturers. According to the research analyst at ken research, “however, the organized market for men’s shirts in the nation has undergone a revamp with the presence of big global clothing manufacturers as well as expanding joint ventures with local companies in the apparel industry.” The report offers a comprehensive overview of the men’s apparel and footwear market in India and assists readers in recognizing current trends within the industry as well as the growth that is expected to occur in the foreseeable future depending on the changing industry dynamics that will occur in the years to come. The research will assist industry consultants, producers of clothes and footwear, retailers, and other stakeholders in aligning their market-centric strategies according to trends that are now occurring and those that are anticipated to occur in the future. more reading can be found at the following website: http://www.kenresearch.com/consumer-products-and-retail/apparels-industry/india-menswear-market-research-report/459-95.html Ankur Gupta may be reached at the following email address: ankur@kenresearch.com.