India Footwear Market (2025-2031) | Industry, Revenue, Value, Size, Share, Growth, Analysis, Companies, Trends, Forecast & Outlook

Market Forecast By Type (Athletic, Non-Athletic), By Material (Lather, Rubber, Plastic) And Competitive Landscape

Product Code: ETC037124 Publication Date: Aug 2023 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Footwear Market Competition 2023

India Footwear market currently, in 2023, has witnessed an HHI of 2457, Which has decreased slightly as compared to the HHI of 4882 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

India Footwear Market Competition 2023

India Export Potential Assessment For Footwear Market (Values in USD Thousand)


India Export Potential Assessment For Footwear Market (Values in USD Thousand)

India Footwear Market Highlights

Report Name India Footwear Market
Forecast period 2025-2031
CAGR 5.7%
Growing Sector Leather footwear

Topics Covered in the India Footwear Market Report

India Footwear Market report thoroughly covers the market by type and by material. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Footwear Market Synopsis

India footwear market has experienced significant growth in recent years, driven by rising disposable incomes, an expanding middle-class population, and evolving consumer preferences. Increased urbanization and growing awareness about fashion and comfort have accelerated demand across segments, including sportswear, casual, and formal shoes. Additionally, the rapid growth of e-commerce platforms has provided consumers with easier access to a wide variety of footwear brands, further fueling market expansion. With international brands entering the Indian market and local manufacturers leveraging innovation, the industry is poised for sustained growth in the coming years.

According to 6Wresearch, the India Footwear Market is anticipated to grow at a CAGR of 5.7% during the forecast period 2025-2031. This growth is attributed to increasing consumer spending on lifestyle products, a shift towards premium and branded footwear, and the penetration of organized retail in urban and semi-urban areas. The rise in health consciousness among consumers has also boosted demand for athleisure and sports footwear, while innovative marketing strategies and celebrity endorsements continue to attract a wide audience. Furthermore, the adoption of sustainable practices and eco-friendly materials by manufacturers is reshaping the industry, pointing towards a future of responsible growth and innovation.

However, the India Footwear Industry faces several challenges that could impact its growth trajectory. One significant issue is the dominance of the unorganized sector, which still holds a considerable share of the market, leading to stiff price competition and inconsistent quality. Additionally, the rising cost of raw materials, such as leather and eco-friendly alternatives, has put pressure on manufacturers’ profit margins. Limited infrastructure and logistical inefficiencies in rural areas further complicate market penetration, restricting the growth of organized retail in these regions. Furthermore, frequent changes in import-export policies and taxation regulations create uncertainty for businesses, particularly for smaller players in the industry. Addressing these challenges will be essential for the industry to achieve its full potential while sustaining long-term growth.

India Footwear Market Trends

The India Footwear Market is witnessing several notable trends that are shaping its future dynamics. One key trend is the growing consumer preference for branded and quality footwear, driven by increasing disposable incomes and awareness of global fashion trends. Additionally, there is a rising demand for casual and athleisure footwear, as consumers prioritize comfort and versatility in their purchases. Sustainable and eco-friendly footwear options are also gaining traction, reflecting the growing focus on environmental responsibility among both consumers and manufacturers. The rapid expansion of e-commerce platforms has significantly transformed purchase behaviour, offering convenience and access to a wider range of products, even in previously underserved rural markets. These trends highlight the shifting preferences and evolving demands in the Indian footwear sector, creating opportunities for innovation and diversification.

Investment Opportunities in the India Footwear Market

The India Footwear Market presents significant investment opportunities across various segments, driven by evolving consumer preferences and market dynamics. Investors can capitalize on the growing demand for branded, high-quality, and sustainable footwear, particularly in urban and semi-urban areas where awareness of global fashion trends is prominent. The athleisure and casual footwear segment also offers potential for growth, given the increasing consumer focus on comfort and multipurpose usage. Additionally, the ongoing expansion of e-commerce platforms and digital payment solutions has created a lucrative channel for reaching a diverse customer base, including rural consumers. With rising disposable incomes, an expanding middle class, and a strong focus on innovation, the India Footwear Market is poised to deliver promising returns for those willing to invest strategically in this dynamic sector.

Leading Players in the India Footwear Market

India Footwear Market Share is dominated by several leading players who have established strong brand recognition and extensive distribution networks. Prominent names include Bata India, which has been a household staple for decades, and Relaxo, known for its affordable yet quality footwear catering to diverse demographics. Liberty Shoes and Metro Brands have also garnered significant market share, particularly in the mid to premium segments. Additionally, global giants like Adidas, Nike, and Puma have carved a niche in the athleisure and sports footwear categories, capitalizing on India's growing fitness consciousness. These companies, alongside emerging local brands, continue to drive competition and innovation within the sector, making it one of the most dynamic industries in the country.

Government Regulations

Government regulations play a vital role in shaping the India Footwear Market growth, ensuring compliance with quality standards, fair labor practices, and environmental sustainability. Policies such as the Goods and Services Tax (GST) have streamlined taxation and boosted ease of doing business for both domestic and international players. Additionally, regulations surrounding import-export duties and intellectual property rights protect local manufacturers while encouraging global investments. The government has also initiated programs like the "Make in India" campaign, which incentivizes domestic production and promotes the use of sustainable materials. These measures, alongside strict enforcement of anti-counterfeiting laws, contribute to fostering a competitive and ethically driven footwear industry in India.

Future Insights of the India Footwear Market

The future of the India Footwear Market appears promising, driven by advancements in technology, shifting consumer preferences, and a focus on sustainability. With the increasing adoption of e-commerce platforms, brands can now directly engage with customers, offering personalized shopping experiences and wider product accessibility. Innovations such as smart footwear and eco-friendly materials are likely to gain significant traction, catering to tech-savvy and environmentally-conscious audiences. Furthermore, the growing urban population and rising disposable income levels are expected to boost demand for premium and lifestyle footwear. Supportive government initiatives and foreign investments will continue to provide an enabling environment for growth, ensuring that the Indian footwear industry remains competitive on a global scale.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories.

Athletic footwear to Dominate the Market-By Types

According to Ayushi, Senior Research Analyst, 6Wresearch, Athletic footwear has been consistently growing in popularity, driven by the increasing emphasis on fitness and health-conscious lifestyles among Indian consumers. The rise of sports culture, coupled with endorsements by prominent athletes, further boosts sales in this segment.

Leather footwear to Dominate the Market-By Material

Leather footwear remains dominant in the premium and luxury segments, representing durability, quality, and a symbol of status. The continued preference for leather shoes in formalwear categories, especially among professionals and business users, sustains its strong position.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024
  • Base Year: 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • India Footwear Market Outlook
  • Market Size of India Footwear Market, 2024
  • Forecast of India Footwear Market, 2031
  • Historical Data and Forecast of India Footwear Revenues & Volume for the Period 2021-2031
  • India Footwear Market Trend Evolution
  • India Footwear Market Drivers and Challenges
  • India Footwear Price Trends
  • India Footwear Porter's Five Forces
  • India Footwear Industry Life Cycle
  • Historical Data and Forecast of India Footwear Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Footwear Market Revenues & Volume By Athletic for the Period 2021-2031
  • Historical Data and Forecast of India Footwear Market Revenues & Volume By Non-Athletic for the Period 2021-2031
  • Historical Data and Forecast of India Footwear Market Revenues & Volume By Material for the Period 2021-2031
  • Historical Data and Forecast of India Footwear Market Revenues & Volume By Lather for the Period 2021-2031
  • Historical Data and Forecast of India Footwear Market Revenues & Volume By Rubber for the Period 2021-2031
  • Historical Data and Forecast of India Footwear Market Revenues & Volume By Plastic for the Period 2021-2031
  • India Footwear Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Material
  • India Footwear Top Companies Market Share
  • India Footwear Competitive Benchmarking By Technical and Operational Parameters
  • India Footwear Company Profiles
  • India Footwear Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Type

  • Athletic
  • Non-Athletic

By Material

  • Lather
  • Rubber
  • Plastic
India Footwear Market (2025-2031) : FAQs
The growth of the footwear market in India is primarily driven by increasing consumer awareness about fashion, rising disposable income, and a growing preference for branded products.
E-commerce has significantly influenced the Indian footwear market by providing consumers with greater accessibility, a diverse range of products, and the convenience of shopping from home.
Innovations in design, material, and technology have enhanced the appeal of footwear products. Companies are focusing on sustainability, comfort, and specialized features to cater to changing consumer preferences, which has fueled market growth.
The increasing demand from both urban and rural populations, as well as the growing interest of younger consumers in trendy and athletic footwear, is contributing to the expansion of the footwear market in India.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 India Footwear Market Overview
3.1 India Country Macro Economic Indicators
3.2 India Footwear Market Revenues & Volume, 2021 & 2031F
3.3 India Footwear Market - Industry Life Cycle
3.4 India Footwear Market - Porter's Five Forces
3.5 India Footwear Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6 India Footwear Market Revenues & Volume Share, By Material, 2021 & 2031F
4 India Footwear Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 India Footwear Market Trends
6 India Footwear Market, By Types
6.1 India Footwear Market, By Type
6.1.1 Overview and Analysis
6.1.2 India Footwear Market Revenues & Volume, By Type, 2021 - 2031F
6.1.3 India Footwear Market Revenues & Volume, By Athletic, 2021 - 2031F
6.1.4 India Footwear Market Revenues & Volume, By Non-Athletic, 2021 - 2031F
6.2 India Footwear Market, By Material
6.2.1 Overview and Analysis
6.2.2 India Footwear Market Revenues & Volume, By Lather, 2021 - 2031F
6.2.3 India Footwear Market Revenues & Volume, By Rubber, 2021 - 2031F
6.2.4 India Footwear Market Revenues & Volume, By Plastic, 2021 - 2031F
7 India Footwear Market Import-Export Trade Statistics
7.1 India Footwear Market Export to Major Countries
7.2 India Footwear Market Imports from Major Countries
8 India Footwear Market Key Performance Indicators
9 India Footwear Market - Opportunity Assessment
9.1 India Footwear Market Opportunity Assessment, By Type, 2021 & 2031F
9.2 India Footwear Market Opportunity Assessment, By Material, 2021 & 2031F
10 India Footwear Market - Competitive Landscape
10.1 India Footwear Market Revenue Share, By Companies, 2024
10.2 India Footwear Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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