Skip to main content

India Readymade Garments Market to Grow at a Decent Pace Between 2019-2024

According to a recent report published by TechSci research on “India Readymade Garments Market By Type, By Material, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024” India readymade garment market is expected to grow at a steady pace during forecast period. The growth of the market can be majorly attributable to the changing fashion trends and increasing retail penetration. Moreover, growing service class and increasing share of the designer wear is further positively impacting the growth of readymade garment market in India.

Download Sample Report  @ https://www.techsciresearch.com/sample-report.aspx?cid=4071
Customers can also request for 10% free customization on this report.

In terms of type, India readymade garment market is categorized into kid’s wear, men’s wear and women’s wear. Among the types, the men’s wear category accounted for a significant portion of India readymade garment market in 2018 and it is predicted to lead the market during forecast period as well. The growth of this category is can be attributed sex ratio of the country, which is predominantly male. Moreover, the per capita earning of the male population in the country is higher than that of its female counterpart, which is further driving the growth of the men’s readymade garment market in India.

On the basis of distribution channel, the India readymade garment market is categorized into store-based retail and non-store-based retail, of which the former garnered the majority share in the market in 2018 owing to easy access of the consumers to the stores and the consumers’ preference for checking the garments in the store than online. The non-store-based retail is witnessing a healthy growth owing to the growing popularity of the e-commerce market. Moreover, e-commerce and technology are transforming this category with new user experiences, where luxury brands and small start-ups are racing to embrace e-commerce, thereby making this channel even stronger.

“India readymade garment market is anticipated to witnessing steady growth over the course of next five years. The growth of this category is majorly attributable to the rising preference of people towards readymade garments over the tailormade one’s. Moreover, the exports of readymade garments from India have significantly increased over the past few years, which is further bolstering the growth of the readymade garments market in India.” said, Mr. Karan Chechi Research Director with TechSci Research, a research-based global management consulting firm.

Browse market data Tables and Figures spread through 70 Pages and an in-depth TOC on " India Readymade Garments Market " @ https://www.techsciresearch.com/report/india-readymade-garments/4071.html

India Readymade Garments Market By Type, By Material, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024,” has evaluated the future growth potential of the India readymade garments market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the India readymade garments market.

About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 India clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com

Comments

Popular posts from this blog

Global Rolling Stock Market to Surpass $ 60 Billion by 2024

According to TechSci Research report,  “ Global Rolling Stock Market  By Product Type, By Application, By Locomotive Technology, By Component, By Region, Competition, Forecast & Opportunities, 2024” , global rolling stock market is projected to cross $ 60 billion by 2024, owing to growing demand for public transport and increasing need for energy-efficient transport. Rolling stock has facilitated easy transportation with benefits such as cost-effectiveness, reliability, and comfort. Thus, demand for rolling stock has been on a steady rise over the past few years and this trend will continue during the forecast period. Download Sample Report  @   https://www.techsciresearch.com/sample-report.aspx?cid=3498 Customers can also request for 10% free customization on this report. In terms of product type, global rolling stock market has been categorized into diesel locomotive, electric locomotive, electro-diesel locomotive, DMU, EMU, light rail/tram...

Rising Smartphone User Base to Aid Growth of India Mobile Wallet Market through 2024

According to TechSci Research report,  “ India Mobile Wallet Market  By Application, Competition Forecast and Opportunities 2013 - 2024’’ , India mobile wallet market is projected to grow at an astounding CAGR of 44% until 2024 on account of increasing penetration of smartphones, expanding internet user base and rising inclination of various e-commerce platforms towards mobile wallets. Moreover, mobile wallet companies are providing lucrative offers on mobile wallet usage along with growing usage of value added services. Additionally, ‘Digital India’ initiative of the government of India, which has a vision to convert India into a digitally empowered country, is further anticipated to have a huge positive impact on the market in the coming years. Download Sample Report  @  https://www.techsciresearch.com/sample-report.aspx?cid=3796 Customers can also request for 10% free customization on this report. Paytm Payments Bank Limited is the leading player in In...

Vietnam IoT in Manufacturing Market Set to Grow at a CAGR of over 21% until 2024

According to TechSci Research report,  “ Vietnam IoT In Manufacturing Market  By Component, By Application Area, By Vertical, Competition, Forecast & Opportunities, 2024 ” , Vietnam internet of things (IoT) market is projected to grow at the double-digit CAGR of over 21% during 2019-2024 on account of technological advancements and increasing use of the technology in various applications like energy & utilities, oil & gas, electronics and electricals, automotive, etc. Moreover, increasing adoption of smart sensors and beacons, growing use of new technologies in the manufacturing sector, adoption of IoT in the supply chain is further expected to positively influence the Vietnam IoT in the manufacturing market. FPT Corporation, Viettel-CHT Limited (Viettel IDC), CMC Corporation, Vietnam Posts and Telecommunications Group, KDDI Vietnam Corporation, etc., are among the leading players operating in Vietnam IoT in the manufacturing market. The companies operating in the...