Footwear - India

  • India
  • Revenue in the Footwear market amounts to US$24.86bn in 2023. The market is expected to grow annually by 4.84% (CAGR 2023-2028).
  • The market's largest segment is the segment Leather Footwear with a market volume of US$17.28bn in 2023.
  • In global comparison, most revenue is generated in the United States (US$88.47bn in 2023).
  • In relation to total population figures, per person revenues of US$17.51 are generated in 2023.
  • In the Footwear market, volume is expected to amount to 2,226.00m pairs by 2028. The Footwear market is expected to show a volume growth of 0.4% in 2024.
  • The average volume per person in the Footwear market is expected to amount to 1.52pairs in 2023.
  • By 2023, 98% of sales in the Footwear market will be attributable to Non-Luxury goods.
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