Sneakers - India

  • India
  • In 2023, the Sneakers segment in India is forecasted to generate a revenue of US$2.63bn.
  • It is expected to grow annually by 6.18% (CAGR 2023-2028).
  • When compared globally, in the United States accounts for the highest revenue generation in the Sneakers segment, which is estimated to be US$22,270.00m in 2023.
  • In terms of per capita revenue, in India is expected to generate US$1.85 per person in 2023.
  • Looking ahead, the volume of the Sneakers segment in India is expected to reach 65.97m pairs by 2028.
  • The segment is expected to exhibit a volume growth of 2.0% in 2024.
  • The average volume per person in the Sneakers segment is expected to be 0.04pairs in 2023.
  • Sneaker culture is rapidly growing in India, with consumers seeking out unique designs that blend traditional Indian elements with modern trends.
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