PRZOOM - /newswire/ -
Noida, Uttar Pradesh, India, 2011/02/07 - With the improving living standards and increased demand for branded and fashionable footwear, Chinese footwear retail market will surge at CAGR of 10% during 2010-2013.
According to our research report “China Footwear Market Analysis”, China has emerged as the largest shoe producing and exporting country worldwide during the past few years. The market witnessed remarkable growth during the past few years due to its huge capacity, good processing technology, and product quality. Moreover, with the improving living standards, burgeoning middle class population, and increasing demand for branded and fashionable footwear, the domestic footwear market is expected to surge at a CAGR of around 10% during 2010-2013.
Broadly, Chinese footwear retail market can be subdivided into four sectors: Leather shoes, Rubber shoes, Cloth (textile) shoes, and Plastic shoes. In addition to gradual transformation of styles and materials for the four market sectors, consumption structure of various types of shoes is experiencing some changes. Overall, the demand for rubber shoes is rising due to the gradual diversification in functions & designs as along with constant improvement in comfort.
The report evaluates various market trends and analyzes their importance in the development of the Chinese footwear market during the coming years. The report thoroughly studies leather, plastic, rubber, and textile shoes in China, in terms of market share and production. The report provides vital information about regional hubs, including Guangdong, Wenzhou, Jinjiang, and Chengdu along with their production patterns.
“China Footwear Market Analysis” comprises thorough research and in-depth analysis of the Chinese footwear market. Detail data and qualitative analysis will help clients to evaluate the leading-edge opportunities critical for the success of footwear market. We have also presented the future outlook of the footwear market in terms of production, consumption, and exports along with the shares of different shoe segments like, leather shoe, rubber shoe, and plastic shoe. Forecasts provided in the report are based on the correlation of past market trends, statistical analysis, and industry drivers, and provides a direction to clients, in which the industry is likely to proceed in future. It will also help clients in identifying the potential growth of the Chinese footwear industry.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.