Indian Footwear Market to Grow at 19% CAGRBy: Shushmul Maheshwari
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Indian Footwear Market to Grow at 19% CAGR
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According to our new research report “Indian Footwear Market Forecast to 2012”, with growing demand for children and women footwear, the Indian footwear retail market is projected to grow at a CAGR of about 19% between 2009 and 2012. Low cost of footwear production is another major advantage with India which will help in sustaining footwear demand in near future.
India has tremendous untapped potential in the ladies and kids footwear segment. Moreover, no organized retailing chain has the national presence in either of these categories. Of the total footwear market, ladies’ shoes account for almost 40% wherein unorganized segment constitutes 80%-90% of the market, indicating immense marketing opportunities for organized players. As the Indian woman becoming more brand-conscious as opposed to the past state of being product-conscious, a large number of internationally renowned players are expected to enter the market to fill this widening gap. Given India’s very young population, the market for children footwear is also attractive for new organized players to enter and earn supernormal profits.
Besides, women in India are becoming a key decision maker for most of the retail buying like footwear as their role in family planning and contribution to income is increasing. They have also been found doing impulsive buying for their kids during their visit to shopping malls. Thus, this changing trend will definitely help in raising the demand for footwear in India.
“Indian Footwear Market Forecast to 2012” provides reliable and objective analysis on the trends and performance of the Indian footwear market. It gives intensive qualitative and quantitative evaluation of the market. The report also discusses all the key parameters and gives segment-wise forecasts like Men’s, Women’s and Children’s, mass, casual and premium footwear etc.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM004.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
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| Keywords |
Indian Footwear Market Forecast to 2012, Indian Footwear Market, Indian Footwear Industry, Industry Analysis, Industry Research, Market Research Reports |
| Category |
Business |
| Submission Date |
Jul 13, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
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India Insurance - Govt. Proposed to Lift FDI Cap to 49%
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The Indian government has proposed to increase FDI in the insurance sector to 49%. Currently, only up to 26% FDI is allowed in the Indian insurance sector under the automatic route subject to obtaining a license from Insurance Regulatory Development Authority (IRDA). According to “Booming Insurance Market in India (2008-2011)”, a recent report from RNCOS, the Indian insurance market, particularly life insurance sector, will get a strong boost from the proposed FDI hike. Increasing limit to 49% is expected to raise the FDI in life insurance sector by around 2.5 times from the present level of approx Rs 2,500 Crore.
The senior insurance industry analyst at RNCOS opined, “The proposed increase in FDI will attract more foreign inflow into the Indian economy and strengthen the country’s insurance industry. This increase (in FDI) will bring more capital and help the sector in maintaining the growth momentum. The insurance sector has been in strong need of the capital investment, in fact, the requirement has increased dramatically due to recent losses on unit-linked products with weak stock market. Also, being a capital intensive sector, the insurance sector requires huge investments over a prolonged period of time, and therefore, there is constant need for capital infusion that can be met through FDI.”
Increasing FDI limit will also encourage the insurance sector to come up with more innovative distribution channels, enrich the current product portfolio, upgrade technology, and bring best global practices into the country. Beside this, raising FDI cap would also help insurers to expand their coverage to rural and micro-insurance segments as penetration in rural and remote areas require additional capital infusion.
“Booming Insurance Market in India (2008-2011)” provides an exhaustive research and rational analysis on the Indian insurance market. This study provides an overview on the factors driving the insurance industry, coupled with the forces which are blocking the growth. The report, based on extensive quantitative and qualitative analysis, gives forecast on vital industry parameters, like cars & commercial vehicle registrations, outbound tourists, medical equipment market, lending by financial institutions, IT spending, non-life insurance market, and health insurance premium.
This comprehensive study will help the clients to assess current market trends and identify the market dynamics and opportunities critical to their success in the country.
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Infrastructure Developments to Drive Indian Steel
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According to our new research report, “Indian Steel Industry Outlook to 2012”, strong domestic demand and increased infrastructure spending by the government has been driving the steel industry in the time of recession. Thus, despite slowdown, steel output surged 3.4% in the first quarter of fiscal 2009-10 in comparison of the first quarter of fiscal 2008-09 while the steel consumption was also up by 5.3%.
As per our research report, investments in India’s infrastructure development are surging on account of the government initiatives. It is expected that victory of the congress led government in the recent general elections will spur the investment in roads, ports and bridges in the rural areas, which will lift the steel demand in villages and towns. Anticipating high growth potential in the rural steel demand, JSW Steel Ltd, India’s third biggest producer, has raised it production by 60% in April 2009.
Further, as per our research report, India’s urban population is rapidly increasing and is likely to grow to 360 Million by 2010 and to 533 Million by 2025. This rapidly growing urban population will create the huge demand for housing units. As housing sector is a major consumer of steel in the country, rising demand for housing units has led Indian government to lower the housing loan interest rates to ease out the financial burden on individuals and to support the housing industry. Ultimately, more houses are being constructed, which will further boost the steel demand in the country.
“Indian Steel Industry Outlook to 2012” provides comprehensive information alongwith rational analysis on the Indian steel industry. It covers past, present and future information on steel production, consumption, trade and its various segments. It also covers the various related sectors like automobile, railways, housing, aerospace, etc. The report thoroughly evaluates advantages/disadvantages for India to become an attractive destination for carrying out steel business.
The report investigates into the potential of the Indian steel industry by focusing on the growth prospects of steel consuming industry in terms of fresh investments. The research provides forecast on various industry segments to enable clients identify un-tapped critical opportunities available in the industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM182.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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RNCOS Releases a New Report- Booming UAE Telecom Sector
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RNCOS, incorporated in the year 2002, is an RNCOS has recently added a new Market Research Report titled, “Booming UAE Telecom Sector” to its report gallery. The UAE’s telecommunication market has shown tremendous growth over the recent past, mainly propelled by the government initiatives aimed at the deregulation of the market and introduction of competition. The TRA (Telecommunication Regulatory Authority) remains at the forefront of the success of the country’s telecom sector. It is continuously considering and evaluating ways to further intensify competition in the UAE telecom market.
Penetration in the mobile market surpassed 166% in 2007, leaving less room for operators to further take advantage of the market. But this is not the end of growth; future growth in mobile subscriptions will come from growing population and increasing number of expatriates, says RNCOS in its new research report, “Booming UAE Telecom Sector”. Moreover, operators are now looking at Value Added Services (VAS) to derive revenues from saturated mobile market.
However, the fixed-line sector remains underdeveloped, with fixed-line penetration standing at just over 30% in 2007. Various factors, such as high tariffs and absence of fixed-line networks, have been hindering the growth of the country’s fixed-line market. But the recent announcement by the TRA to allow Carrier Pre-Selection (CPS) in the country could bring fruitful results in this sector.
In line with the increasing education and business in the region, the demand for Internet services has also increased in recent years. Although dial-up subscriptions currently dominates the Internet market, we project broadband subscribers to account for nearly 65% of Internet subscribers in coming few years.
Developments in all the sectors of ICT industry has heated up the competition in the region. So operators are seeking new sources of growth to capitalize on their share of the market. This is resulting into introduction of new technologies such as IPTV, VoIP, Mobile TV, etc. Operators in the region are aggressively pushing the deployment of network infrastructure suitable for these technologies.
“Booming UAE Telecom Sector” provides in-depth analysis of the telecommunication market in the UAE. It gives an insight into the current market trends dominating the market. This research report also gives industry forecast on various telecom segments based on feasible telecom industry environment in the UAE. These include telecommunication industry, fixed-line, mobile subscribers, Internet subscribers, broadband subscribers and 3G subscribers.
The research presents thorough analysis on the current and potential outlook of various emerging technologies, such as IPTV and Mobile TV in the UAE.
As the telecom market remains duopoly of Etisalat and du, the report, keeping in mind importance of these two players in the success of UAE telecom market, offers rational analysis on both these operators. This includes in-depth research and extensive analysis on their business activities, recent developments and SWOT analysis in regard to the UAE telecom industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM164.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Hong Kong Insurance Market to 2013
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Hong Kong is one of the most dynamic insurance markets in the world. Its geographic location, credible legal system and effective regulatory framework have helped it to become a leading insurance centre in Asia that has attracted many of the world’s top insurers, says a new research report “Hong Kong Insurance Market to 2013” from a world class research provider RNCOS.
Demand for insurance products has been rising rapidly in recent years, and is expected to continue growing substantially during our forecast period (2009-2013). There will not be any significant impact of the economic turmoil on the market as consumers have not stopped buying insurance products but simply changed their choices for insurance products. They are now opting for less risky products which have least exposure to the open markets. Thus, the decline in demand for investment-linked products is being offset by increase in traditional (non-linked) insurance products up to some extent.
Gross premium income has witnessed double-digit annual growth rates since 1990s, rising by 26.5% in 2007 on YOY basis. The market is strongly biased towards long-term insurance, which accounts for over 86% of the market, while general insurance premium make up 14%, as on 2008 end.
The report provides extensive research and rational analysis of the insurance industry in Hong Kong. The report thoroughly examines the current industry trends which are adding to the growth of the insurance industry. The report also gives future outlook considering the possible impact of recession on various segments of the industry.
The report also features forecast (2009-2013) on premium of following insurance branches/sub-branches:
- Long-term Insurance
- Life & Annuity
- Retirement Scheme
- General Insurance
- Accident & Health
- General Liability
- Property
- Motor
The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on correlations between past market growth and growth of base drivers.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM027.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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US Convenience Stores to Cross US$ 650 Billion by 2013
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A new market research report, “U.S. Convenience Stores Market Outlook to 2013”, recently released by RNCOS says that despite the global economic slowdown, the US convenience store industry is expected to grow to over US$ 650 Billion by 2013 on growing income level and increasing working population in the country.
Personal disposable income is one of the key drivers of the convenience store industry in the US. Consumers are spending a big proportion of their income on food & non food items with rising income level. Moreover, personal disposable income in the US is anticipated to grow more than 15% to reach nearly US$ 41000 per head by 2013, which will further boost consumer expenditure on various products available in convenience stores.
Apart from growing disposable income, the US convenience store industry is driven by rising working population in the country, said the RNCOS report. People have shown inclination to spend little extra at convenience stores for saving time and convenience. Commuting and travel time are also increasing, with many consumers seeking to minimize the effect of this on their leisure time by multi-tasking while traveling. Besides, increasing popularity of food-to-go, takeaways, snacks and ready-to-eat meals have created plethora of opportunities for c-store chains to expand their network. Thus, c-stores have benefited from changing consumers habits of shopping, eating and drinking while on the way.
“U.S. Convenience Stores Market Outlook to 2013” provides an exhaustive research and rational analysis on convenience stores industry in the US. The report helps clients to identify market trends and evaluate the leading-edge opportunities critical for the success of the convenience store industry in the US. It also gives an overview on various factors driving the convenience store industry along with the forces blocking its growth.
The report supplements the past and current information on the US convenience store industry with forecast on various important industry aspects, including the market size of convenience store industry, retail industry, Working Population in US, middle class population, personal disposable income & GDP per head, number of internet users and breakup of population.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM184.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
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