| Product Code: ETC213576 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
The India blazer jacket market import shipment demonstrated robust growth with a CAGR of 12.8% from 2020 to 2024. However, in the period between 2023 and 2024, there was a notable decline in growth rate by -18.3%, indicating a temporary slowdown in the market's expansion. Overall, the market trend suggests a period of stabilization following the rapid growth phase.
The India blazer jacket market is an essential segment of the country`s formal and semi-formal wear industry. Blazer jackets are versatile outerwear items that can be dressed up or down for various occasions. The market is driven by factors such as the growing corporate culture, increasing demand for formalwear, and the influence of fashion trends in the workplace. The rise of fashion-conscious consumers and the preference for stylish and well-fitted blazers also contribute to market growth. Key players in the market include formalwear brands, fashion retailers, and tailoring services that offer a wide range of blazer jacket options to cater to the formal and fashion needs of consumers.
The India blazer jacket market is driven by various factors. Firstly, the growth of the corporate sector and the adoption of formal dressing in workplaces create a substantial demand for blazer jackets as professional attire. The preference for well-tailored and stylish blazers that exude sophistication and elegance contributes to the market`s expansion. Secondly, the rise of events and occasions that call for semi-formal or formal dressing, such as weddings and parties, further boosts the demand for blazer jackets. Additionally, the popularity of blazers as a versatile fashion item that can be dressed up or down for various occasions influences consumer choices in the India blazer jacket market.
The India blazer jacket market faces unique challenges. Firstly, the seasonal nature of blazer jackets poses challenges in managing inventory and predicting demand. Additionally, educating consumers about the versatility of blazer jackets and their potential to be incorporated into both formal and casual outfits is essential to increase adoption. Meeting the demand for sustainable and responsibly sourced materials in blazer production is becoming increasingly important for eco-conscious consumers.
The India blazer jacket market experienced a significant impact during the Covid-19 pandemic. With social gatherings, events, and office activities restricted, the demand for formal and occasion-specific blazer jackets declined sharply. Many consumers opted for more casual and comfortable attire while working from home. The decline in weddings and formal events also contributed to reduced blazer jacket sales. However, as the country moved towards unlocking and economic activities resumed, there was a gradual recovery in the market. The blazer jacket market adapted to the changing needs by offering versatile and relaxed styles suitable for both formal and casual occasions. E-commerce platforms played a crucial role in reaching out to consumers during this period, and brands that focused on online retail experienced a relatively smoother recovery.
The India blazer jacket market is catered to by various key players in the apparel and fashion industry. Some notable players include Raymond Limited, Arvind Limited, Zodiac Clothing Company Limited, and Blackberrys Menswear. These companies offer a diverse range of blazer jackets, from formal to casual styles, catering to different occasions and consumer preferences. Their focus on quality tailoring, fabric selection, and stylish designs has positioned them as leading players in the blazer jacket market in India.
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 Blazer Jacket Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Blazer Jacket Market Revenues & Volume, 2021 & 2031F |
3.3 India Blazer Jacket Market - Industry Life Cycle |
3.4 India Blazer Jacket Market - Porter's Five Forces |
3.5 India Blazer Jacket Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Blazer Jacket Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Blazer Jacket Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income and changing consumer lifestyles leading to higher demand for fashionable clothing. |
4.2.2 Growing awareness and adoption of western fashion trends among Indian consumers. |
4.2.3 Rise in the number of working professionals and corporate culture promoting formal attire like blazer jackets. |
4.3 Market Restraints |
4.3.1 Seasonality factors affecting demand for blazer jackets in warmer regions of India. |
4.3.2 Competition from other types of outerwear such as coats and jackets. |
4.3.3 Price sensitivity among certain consumer segments limiting market penetration. |
5 India Blazer Jacket Market Trends |
6 India Blazer Jacket Market, By Types |
6.1 India Blazer Jacket Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Blazer Jacket Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Blazer Jacket Market Revenues & Volume, By Blue Worsted Serge, 2021-2031F |
6.1.4 India Blazer Jacket Market Revenues & Volume, By Flannel, 2021-2031F |
6.1.5 India Blazer Jacket Market Revenues & Volume, By Hopsack, 2021-2031F |
6.1.6 India Blazer Jacket Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Blazer Jacket Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Blazer Jacket Market Revenues & Volume, By Supermarket & Mall, 2021-2031F |
6.2.3 India Blazer Jacket Market Revenues & Volume, By Brandstore, 2021-2031F |
6.2.4 India Blazer Jacket Market Revenues & Volume, By E-commerce, 2021-2031F |
6.2.5 India Blazer Jacket Market Revenues & Volume, By Others, 2021-2031F |
7 India Blazer Jacket Market Import-Export Trade Statistics |
7.1 India Blazer Jacket Market Export to Major Countries |
7.2 India Blazer Jacket Market Imports from Major Countries |
8 India Blazer Jacket Market Key Performance Indicators |
8.1 Average selling price (ASP) of blazer jackets. |
8.2 Percentage of online sales in the total blazer jacket market. |
8.3 Number of new fashion brands entering the blazer jacket segment. |
8.4 Consumer sentiment towards blazer jackets based on social media mentions and engagement. |
8.5 Adoption rate of sustainable and eco-friendly materials in blazer jacket manufacturing. |
9 India Blazer Jacket Market - Opportunity Assessment |
9.1 India Blazer Jacket Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Blazer Jacket Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Blazer Jacket Market - Competitive Landscape |
10.1 India Blazer Jacket Market Revenue Share, By Companies, 2024 |
10.2 India Blazer Jacket Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |