Demand for top quality footwear manufactured in Europe

India is sitting on the threshold of the retail revolution and witnessing fast changing retail landscape, with footwear market is set to see phenomenal development in coming years. Besides, the ongoing financial crisis is unlikely to possess any significant impact on the Indian footwear market because the demand for Indian footwear continues to grow, according to our recent report, ?Indian Footwear Market Forecast to 2012?.Demand for top quality footwear manufactured in Europe along with other parts of the planet is expected to slowdown as people will look for medium or more affordable products. This is a good sign for that Indian footwear industry since India along with China is the main supplier of low-priced footwear. However, Chinese producers are facing serious problems due to rising labor cost, which has risen by around 40% since January 2008, and currency appreciation. Chinese products, which was once cheaper by around 10% compared to the Indian products, are no longer cheaper. Implementation from the Eu (EU) anti-dumping duty.In these situations, India is the only major source for supplying medium and low-priced footwear. Moreover, most of the global footwear manufacturers, particularly European manufacturers who have been sourcing from China, have finally turned to India. Nike, Adidas and Puma are the footwear majors are expected to route areas of their production and buy out from China to India.This report provides extensive research and in-depth analysis around the Indian footwear market. The detailed data and analysis succumbed the report can help the customer to evaluate the leading-edge opportunities important to the prosperity of the footwear market in India. The forecasts and estimations given in this report aren’t with different complex economic model, but they are should have been a rough help guide to the direction where the marketplace is prone to move. This forecast is dependant on a correlation between past market growth and development of base drivers.

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