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Makeover Time for Indian Women, Branded Wear to Cross Rs 18,000 Cr
Branded women apparel market will soon emerge as the fastest growing segment, accounting for close to 30% of the total women apparel industry by 2010
(EMAILWIRE.COM, September 10, 2008 ) Delhi, India - Identifying the transformation phase swapping across India, the country’s retail sector is fast incorporating branded women apparel segment in mainstream. This changing retail industry landscape, together with rising income level and increasing number of working women, will lead the branded women apparel market to increase at a CAGR of 25% from 2008 to 2010, forecasts “Women Wear Market Forecast to 2010”, a new research report by RNCOS. This will result in the emergence of branded women apparel as the fastest growing segment as compared to mass segment women apparel retail.
As per the report, the coming of organized retail sector in a big way in the Indian market will be one of the most important factors fuelling growth in the branded women apparel market. It is expected that the organized women apparel retailing will account for 23% of total women apparel industry by 2010 as compared to just 15% in 2007. The emergence of organized apparel retailing will contribute to around 70% to 80% of the growth of the branded women apparel retail in India. Also, besides surfacing as the fastest growing category, the branded apparel segment offers immense opportunity for retailers as the margin level in this case are higher as compared to other branded apparel segment.
“Women Wear Market Forecast to 2010" is a comprehensive research on the women apparel industry in India. It provides a detailed overview on the women apparel industry with foci on quantitative and qualitative evaluation to outline the driving forces for the industry. This report also underlines the opportunity areas being opened up for the industry and by the industry. It also gives a detailed account on the challenges to be faced by the industry in near future.
This report gives segmented analysis, forecasts, current market trends, and the potential growth areas. The information covered in this study will help the client in understanding the market dynamics and design their business strategies according to the market trend.
As per the report, the coming of organized retail sector in a big way in the Indian market will be one of the most important factors fuelling growth in the branded women apparel market. It is expected that the organized women apparel retailing will account for 23% of total women apparel industry by 2010 as compared to just 15% in 2007. The emergence of organized apparel retailing will contribute to around 70% to 80% of the growth of the branded women apparel retail in India. Also, besides surfacing as the fastest growing category, the branded apparel segment offers immense opportunity for retailers as the margin level in this case are higher as compared to other branded apparel segment.
“Women Wear Market Forecast to 2010" is a comprehensive research on the women apparel industry in India. It provides a detailed overview on the women apparel industry with foci on quantitative and qualitative evaluation to outline the driving forces for the industry. This report also underlines the opportunity areas being opened up for the industry and by the industry. It also gives a detailed account on the challenges to be faced by the industry in near future.
This report gives segmented analysis, forecasts, current market trends, and the potential growth areas. The information covered in this study will help the client in understanding the market dynamics and design their business strategies according to the market trend.
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