Women Wear Market Forecast to 2010

The Indian women clothing market has undergone a transformation phase in over the last few years - growing number of working women, changing fashions, increasingly by information and media exposure, and the construction of a large number of foreign brands have given the industry a new dimension. As a result, operating various industry majors in men apparel segment have now started to spread to the women wear in order to exploit the highly lucrative market, estimated at more than Rs. 37000 crore in 2007. Market over the past five years, posted a growth rate of just over 14%. And with the growing presence of organized retail and rapidly spreading shopping mall culture, industry is ready to grow further in the future, according to "Women Wear Market Forecast 2010," a research report by RNCOS.

The report provides extensive research and rational analysis of the women apparel market in India. It stresses that different factors are responsible for the development of women clothing in India and helps to explore the opportunities associated with it. The research provides an insight into the changing market conditions, dynamics and identifies potential segments in the overall women apparel market.

Key Findings

- Increasing at a CAGR of over 17%, women apparel market is expected to cross Rs. 61,000 crore in 2010.

- Branded women apparel market is expected to grow at a rate close to 25% and surpass Rs. 18,000 crore in 2010.

- Premium segment apparel is forecasted to account for nearly 20% of the total women apparel market in 2010.

- Western wear, along with lingerie, will emerge as the fastest growing segment.

- Organized players are expected to account for over 40% lingerie market in 2009.

- Demand for textile and apparel machinery is expected to increase to more than 100% until 2011.

- Demand for finished garments in rural market is expected to hit a CAGR of around 16.50% in 2010.

Important issues & Facts

- What is the market size and scope of women's wear in India?

- What is the position in the Indian apparel industry by volume, value and segments?

- What are the current market trends?

- What is the segment-wise performance of the women apparel industry?

- Which factors are driving growth in the sector?

- What are the different challenges and opportunities for industry?

Key Actors

This section covers the business overview and financials of major domestic and international players currently operating in the Indian women apparel industry, including Provogue India Ltd., Pantaloon Retail (India) Ltd., Page Industries, and Donna Karan International Inc.

Research Methodology

Information Sources

The information comes from various credible sources like books, newspapers, journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments and through access to over 3000 paid databases.

Analysis Method

The analysis methods include ratio analysis, historical trend analysis, linear regression analysis using software tools, judgmental forecasting and cause and effect analysis.