Womens Footwear Market Leading Chinese Footwear Industry
Driven by rising number of working women, increasing financial independence
, and rising social status of women, shoe sales of women footwear segment in China is growing tremendously. As a result, various international companies are now focusing more on women footwear segment and are planning to increase their store outlets in the country. Besides, our research also explains that, sales of athletic footwear is also expected to rise in the country, which is at present less compared to non-athletic footwear in womens footwear. As the population of working women is rising, women will become more conscious about their health and fitness. Considering all the above factors, we anticipate womens footwear market to grow at a CAGR of more than 12% during 2012-2015 to reach around CNY 211.1 Billion by the end of 2015.
According to our latest report, China Footwear Market Analysis, Womens footwear segment is leading the overall Chinese footwear industry with around 52.5% share in the total footwear sales in 2011. Besides, our report also finds that the domestic sales of footwear have significantly risen in the country owing to large population base and rising standards of living. Owing to a strong growth in the GDP & rising urbanization, disposable income and consumption levels in the country has significantly increased that have ultimately increased the footwear sales. Moreover, the demand for branded and international footwear has also increased in the country. As a result, many international brands are eyeing the countrys upper crust and middle-class consumers for expansion.
Further, we have also found that emergence of e-commerce has also played a vital role in the growth of Chinese footwear market. Online marketing strategy has already become a hit with biggies like Belle, Nike, and Li Ning achieving superb results.
Our report exhibits a complete picture of present and future outlook of the Chinese footwear market. The report includes a comprehensive analysis of performance of footwear market in terms of production in sub-categories, like leather shoe and rubber shoe. Additionally, it also includes domestic sales, on the basis of user type like womens, mens and childrens footwear; and on the basis of product type like sports footwear, luxury footwear, etc. These forecasts tend to serve as a guide to the clients and facilitate with a proper understanding of the direction in which, the market is likely to proceed in the coming years.
Our comprehensive study also covers information about main regional hubs and some leading players operating in the Chinese footwear market. The extensive research work will help the client to better understand current status and competition in Chinese footwear industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM083.htm
Some of our Related Reports are:
- Indian Footwear Market Forecast 2014 (http://www.rncos.com/Report/IM310.htm)
- Women Ethnic Wear Market in India Outlook 2015 (http://www.rncos.com/Report/IM398.htm)
- Women Innerwear Market in India Outlook 2015 (http://www.rncos.com/Report/IM399.htm)
- Women Western Wear Market in India Outlook 2015 (http://www.rncos.com/Report/IM400.htm)
- Indian Cosmetic Sector Forecast to 2015 (http://www.rncos.com/Report/IM388.htm)
Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm
About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.
by: Shushmul Maheshwari
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