Domestic Footwear Consumption Set for Rapid Growth in China

According to a new research report by RNCOS, “China Footwear Market Analysis”, the domestic sales of footwear in China has registered a significant improvement in living standards and burgeoning middle-class population. China’s rural market is preferring rubber and plastic shoes and the retail demand for such footwear has improved, as they account for significant shares in the overall footwear retail market. The domestic footwear retail market in China is likely to grow at a CAGR of around 9.5% during 2011-2014.

 

The domestic footwear market continued to witness rapid growth over the last few years, owing to increasing brand awareness. Taking into consideration this aspect, top companies have adopted a wide-range of initiatives to strengthen and reposition their brands. Further, according to our latest report growth in footwear market is characterized by competition among product, pricing, and medium of sales. China footwear exporters are shifting their focus to the ASEAN and Middle-East countries so as to reduce dependency on the major exporting countries.

 

Our report, “China Footwear Market Analysis”, has been authored to evaluate the future market potentials of China footwear industry. It provides an extensive research and detailed analysis of the overall footwear industry in China. It also facilitates the future forecasts of the footwear market in terms of consumption and exports along with the shares of different shoe segments on the basis of product type-like leather shoe, rubber shoe, and plastic shoe and on the basis of user type, like women’s footwear, men’s footwear, and children’s footwear. Additionally, analyses of the major regional hubs are also included in the report, thus enabling clients to access projected market trends and take informed decisions.

 

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM083.htm

 

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