The women ethnic wear industry has witnessed significant growth in recent years on account of rapid urbanization supported by increase in disposable income. The transition from traditional clothing to modern design has led to create a fusion of ethnic wear with western wear to associate with young population. Due to this redefined Indian traditional clothing, women ethnic wear market is experiencing a thrust and is expected to increase at a CAGR of 10% during the forecasted period of 2016-2020.
According to our latest research study, “Indian Women Ethnic Wear Market Forecast to 2020”, the growing fashion consciousness amongst women has led to a promising growth while attracting retailers such as W, FabIndia, Soch, etc. leading to stiff competition among retailers. Thus, it gives rise to innovative designs along with various retail schemes. Furthermore, the trends in play like online retailing, and interest of international players to invest in the region would help the industry to grow in the coming years.
Research Analysis and Highlights
The report, “Indian Women Ethnic Wear Market Forecast to 2020”, by RNCOS spread over 58 pages, provides an in-depth research and thorough analysis of the current status and future growth prospects of the Women Ethnic Wear Industry in India. Our research includes detailed study on the organized and unorganized sector, segmentation by type and product class.
The report further provides a detailed regional analysis along with the marketing strategies and distributional channel for the country. Through the section of consumer behavior analysis we have tried to provide the insight of customer preferences over the range of products. Additionally, we have also covered the key players section which gives a proper understanding to our customers about the existing competition in the women ethnic wear market. As a whole, the report represents a comprehensive outlook of the sector’s past, present, and future scenario.
Some of the report’s key highlights include:
Web Portals Favoring the Shopping Experience
Upsurge in Indo-Western Clothing Reshaping the Ethnic Wear Market
Working Women Raising the Bar of Ethnic Wear Market
Societal Factors Drifts the Women Ethnic Wear Market