Indian Footwear Industry

 

Major brands are sourced from India, MNC brands are sold in India and Indian brands sold in India.

MNC Brands Sold
in India

Indian Brands sold
in India

Aldo, Bally, Clarks, Ecco, Florshiem, Ferragammo, Hush Puppies, Lee cooper, Lloyd, Marks & Spencer, Nike, Nine West,
New Balance, Reebok, Rockport, Stacy Adams, Tod’s, Geox , Louis Vuitton

 

Red Tape, Bata, Liberty, Khadims, Lakhani, Metro, Action, Catwalk etc


US Retail giant Wal-Mart has also begun sourcing footwear from India.

 

Footwear – Global Scenario and India’s share

The global import of Footwear (both leather footwear as well as non-leather footwear) has increased from US$ 88.75 billion in 2008 to US$ 102.90 billion in 2012, growing at a CAGR of 3.76%. During 2012, the India’s share in the global import is 2.02%.


 

2009

2010

2011

2012

2013

World Import Of Footwear

78562.98

91990.51

104560.89

102900.66

122190.00

India's Export Of Footwear & Uppers

1507.59

1758.67

2079.14

2066.91

2531.04

India’s % Share In World Import Of Footwear

1.95%

1.64%

1.68%

2.01%

2.07%


Source: ITC, Geneva & DGCI &S, Kolkata

For comparison purpose, Global Footwear import includes leather & non-leather footwear.  India’s Footwear includes – Leather, non-leather and leather uppers


Footwear – Indian Scenario
                                                                    

 

(In Million US$)

 

2009

2010

2011

2012

2013

Total Export

3404.57

3968.54

4873.53

5015.41

5908.82

Export of Footwear

1507.59

1758.67

2079.14

 2066.91

2531.04

% Share

44.28%

44.32%

42.66%

41.21%

42.83%


Source : DGCI&S


India’s export of footwear has increased from US$ 1507.59 million in 2009-10 to US$ 2531.04 million in 2013-14, growing at a CAGR of 13.82% in the last five years ending 2013-14.

Export of different categories of Footwear holds a major share of about 43% in India’s total leather & leather Products exports with an export value of US$ 2531.04 mn.


Major Markets:

A Statement showing India’s Export of Footwear (leather, non-leather and leather shoe uppers) to different countries and their Share :


 

 

 

 

Value in US$       

Mn

 

Country

2009-10

 

2010-11

 

2011-12

 

2012-13

2013-14

% Share

Germany

224.3

286.7

353.71

274.97

345

13.63%

UK

296.45

339.65

360.52

399.48

426.05

16.83%

Italy

210

219.72

219.61

163.66

183.7

7.26%

USA

123.6

143.02

183.02

227.63

312.21

12.34%

France

144.56

154.95

159.49

156.53

183.09

7.23%

Spain

95.94

112.05

113.85

101.52

116.84

4.62%

Netherlands

65.13

6.19

101.72

92.08

98.39

3.89%

Portugal

22.63

25.69

28.76

21.35

28.23

1.12%

UAE

39.45

41.82

62.14

75.5

106.24

4.20%

Denmark

17.01

16.55

24.30

32.88

24.46

0.97%

Australia

15.5

12.82

15.59

22.42

23.81

0.94%

Sweden

12.2

12.07

14.08

11.98

12.96

0.51%

Canada

9.3

10.56

15.00

14.86

20.27

0.80%

South Africa

9.87

11.33

14.75

13.49

20.28

0.80%

Japan

5.45

7.51

14.63

18.9

23.3

0.92%

Others

216.2

358.04

397.97

439.66

606.21

23.95%

Total

1507.59

1758.67

2079.14

2066.91

2531.04

100%


Source: DGCI& S

The major markets for Indian Footwear are UK with a share of 16.83%, Germany 13.63%, USA 12.34%, Italy 7.26%, France 7.23%, Spain 4.62%, Netherlands 3.89%, UAE 4.20% and Denmark 0.97%.

Nearly 78% of India’s export of footwear goes to European Countries and the USA with exports touching US$ 1660.41 mn to EU and  US$ 312.21 mn to the USA.


Decennial Growth of Footwear

Value in US$ Mn
indian-leather2

 

India’s Export of Footwear  - Top 10 Destinations

 

Country

2013-14

% Share In Total Export Of Footwear

 Total  Exports

2531.04

 

U.K.

426.05

16.83%

Germany

345.00

13.63%

U.S.A.

312.22

12.34%

Italy

183.7

7.26%

France

183.1

7.23%

Spain

116.83

4.62%

U.A.E.

106.24

4.20%

Netherlands

98.39

3.89%

Belgium

60.51

2.39%

Saudi Arabia

28.43

1.12%