A new report “China Footwear Market Analysis” published by RNCOS provides extensive research and rational analysis on the Chinese footwear industry, giving an insight into the industry’s production as well as consumption trends.
As per the report, the footwear industry in China has witnessed robust growth over the recent years, both in terms of consumption as well as production. Our industry analysis identifies that footwear consumption in the country has been growing at an annual rate of around 6-7% since past few years. A number of factors such as increasing income levels and rising fashion-consciousness and brand awareness among Chinese populace, in addition to other consumer trends, are continuously boosting the footwear consumption.
The report has indentified that there is a gradual change in preference for shoe among rural population of the country, although both rubber and plastic shoes are extremely popular at present. Meanwhile, urban China is also illustrating essential shift in preference for shoe in the country. These current and future market trends have been thoroughly discussed in the report. On the consumption front, our research offers a through demand analysis of the Chinese footwear market.
The research has clearly demarcated per capita consumption patterns and other important factors that make this market an extremely lucrative investment destination. We anticipate the Chinese footwear market to swell at a CAGR of over 7% in volume terms for the period spanning from 2010 to 2013. The report provides detailed study on various industry aspects along with the factors that are expected to drive the Chinese footwear industry over the forecast period. Above all, the report throws light on the segments that are likely to spearhead the future growth of the Chinese footwear industry.
The forecast given in the report is based on a correlation between past market trends, statistical analysis and industry drivers, and gives a direction to clients in which the industry is likely to move. It will also help clients in identifying the opportunities to tap in the Chinese footwear industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM083.htm
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About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.
