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Indian Women to Clad Clothes worth Rs. 61,000 Crore by 2010
According to a new research report, "Women Wear Market Forecast to
2010" by RNCOS, the women apparel market of India, that made up for 30%
of the industry revenue in 2007, is anticipated to grow at a CAGR of
17.79% through 2010. The total women apparel industry sales are
projected to cross Rs. 60,000 Crore by 2011 driven by changing
lifestyle, evolving consumer behavior and rapidly transforming retail
industry dynamics. The women apparel retailing is likely to emerge as
one of the most dynamic segments of the Indian apparel industry.
The women apparel market is witnessing a transition from unorganized
retail to organized format, says the research report. Entry of corporate
houses, increasing number of shopping malls, and drifting from seasonal
discount schemes to year-long offers is driving the organized formats in
the industry. It is expected that gaining traction from these factors,
the organized retail sector will account for more than 20% of the total
women apparel retailing in India. This will ultimately lead to a shift
in demand towards branded apparel from mass segment apparel. By 2010,
around 30% of the women apparel industry in India will be dominated by
branded product as compared to mass segment apparel.
"Women Wear Market Forecast to 2010" is an extensive research on the
women apparel industry in India. This research report provides a
detailed overview of the women apparel industry with quantitative and
qualitative analysis of the industry. This report also underlines the
factors responsible for the growth of the industry, the opportunities
lying ahead and the challenges to be faced by the industry in coming
years.
This study provides the segment-wise analysis, forecast, latest mark et
trends, and emerging areas that will dominate the future. The
information covered in this report will help in understanding the market
dynamics and the corresponding factors responsible for bringing
transformation in the industry.
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.
For more information visit:
http://rncos.com/Report/IM127.htm
Current Industry News:
http://www.rncos.com/blog
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