India Footwear Market Size is Projected to Reach US$ 27.7 Billion by 2027, Industry CAGR 12.65% | IMARC Group
According to the latest report by IMARC Group, titled " India Footwear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ," the India footwear market size reached US$ 13.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 27.7 Billion by 2027, exhibiting a growth rate (CAGR) of 12.65% during 2022-2027. Year considered to estimate the market size: Base year of the analysis: 2021 Historical period: 2016-2021 Forecast period: 2022-2027 Footwear is worn as the outer coverings for feet to provide comfort and protection. Their use aids in protecting the feet from injuries and facilitating easy movement. They are generally made from numerous materials, including jute, fabric, leather, plastic and rubber. Commonly available in diverse patterns and colors with unique designs and advanced technical fabrications, they offer optimum support to the feet for athletic and non-athletic purposes. Good quality footwear is wid...