The manufacturers of women wear in India are benefiting due to the changing fashion trends in the women wear. The market has undergone a transformational phase due to various reasons such as growing number of working women, rising level of information and media exposure, and entry of large number of foreign brands have given the industry a new dimension.
As a result, various industry majors operating in men apparel segment have now started to diversify themselves into women wear in order to exploit the highly lucrative market that was estimated at more than Rs. 37,000 Crore in 2007. The market, in the past five years, posted a growth rate of good 14%. And with the growing presence of organized retail and rapidly spreading mall culture, the industry is all set to grow further in future.
Bharatbook.com has included a new report titled "Women Wear Market Forecast to 2010” which provides extensive research and rational analysis on the women apparel market in India. It underlines various factors responsible for the growth of women apparel market in India and helps to explore the opportunities associated with it. The research gives an insight into the changing market dynamics and identifies the potential segments in the overall women apparel market.
According to the report, women apparel market is expected to cross Rs. 61,000 Crore by 2010. Branded women apparel market is projected to rise at a rate close to 25% and surpass Rs. 18,000 Crore by 2010. Premium segment apparel is forecasted to account for close to 20% of total women apparel market by 2010. Western wear, along with lingerie, will emerge as the fastest growing segment. Organized players are expected to account for over 40% lingerie market by 2009. Demand for textile and apparel machinery is anticipated to increase at more than 100% till 2011. Demand for ready-made garments in rural market is projected to hit a CAGR of around 16.50% by 2010.
The issues and facts discussed in the report are as following: the market size and scope of women’s apparel market in India, the position of the Indian apparel industry by volume, value and segments, the current market trends and the segment-wise performance of the women apparel industry growths in the sector
About Bharatbook.com:
Bharat Book Bureau facilitates companies to take the lead of their industry with best practice business strategies and intelligence, through a unique combination of published reports, databases, country reports, company profiles and customized research services. Bharat Book Bureau provides strategic information tools to the executives, business analysts, and knowledge managers that will help them to probe into and support critical, timely business decisions and strategies.
For further information kindly visit: http://www.bharatbook.com/
