Continuously endeavouring to bring to you topics and themes that are the latest industry trends, Apparel Online this time takes a deep dive into the innovative world of sneakers.
With regard to India, revenue in the sneakers segment amounts to US $ 3.01 billion in 2023. The market is expected to grow annually by 5.88 per cent CAGR during 2023-2027.
In India, sneakers’ uppers are made by using natural, renewable and sustainable materials, be it recycled PET bottles, Australian Merino wool, 100 per cent natural cotton, knitted fabric, canvas etc.
The Indian sneakers’ manufacturing industry is getting more matured as many international brands’ sneakers are being produced in India for both domestic markets as well as overseas.
Many Indian fashion and lifestyle brands were earlier importing sneakers from China but to serve Indian consumers’ taste better now, their sneakers are now being sourced from Indian factories.
Indeed the future of footwear is non-leather.
Experts are strongly of the opinion that the Indian sneakers market has evolved and with the tremendous opportunities, this is the best time for premium range sneakers’ companies to create their strong space.
This issue also covers detailed articles on the Indian textile and apparel industry’s takeaways from the current budget.
There is also an interesting article as Shahi Exports which has launched its first- ever sustainability report and how it has made impressive progress to achieve greater targets and much more.
Reviews
There are no reviews yet.