China to become World's Largest Consumer Markets for Luxury Shoes

Sales of luxury shoes is expected to grow at a CAGR of more than 16% during 2012-2015 in China, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) March 7, 2013 - Luxury shoes market in China is exhibiting a strong growth potential over the past few years as the demand for luxury goods and accessories is growing tremendously among Chinese consumers. As a result, the country is a home to several luxury shoes' brands. With this rising demand, luxury shoes market in China is expected increase at a high pace in the coming years with a CAGR of more than 16% during 2012-2015.

According to our latest research report, "China Footwear Market Analysis", China has become the world's largest market for footwear owing to large population base and ever-rising standard of living. A strong growth in the GDP, coupled with rising urbanization, has resulted into a significant increase in disposable income and consumption levels that have ultimately increased the footwear sales in the country. On the top of that, emergence of e-commerce has proved a new powerful tool for the Chinese footwear companies to expand their reach.

Further, shoe sales of women footwear segment in China is growing tremendously. As a result, various international companies are now focusing more on women footwear segment and are planning to increase their store outlets in the country. Besides, our research also explains that sales of athletic footwear is also expected to rise in the country, which is at present less compared to non-athletic footwear in women's footwear.

Our report, "China Footwear Market Analysis", exhibits a complete picture of present and future outlook of the Chinese footwear market. It presents the future outlook of Chinese footwear market, in terms of production in sub-categories, like leather shoe and rubber shoe; domestic sales, on the basis of user type like women's, men's and children's footwear; and on the basis of product type like sports footwear, luxury footwear, etc. Besides, our comprehensive study also covers information about main regional hubs and some leading players operating in the Chinese footwear market. Through this extensive research work, our aim is to present optimum information and balanced research outlook on the potentials of the Chinese Footwear Industry.

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

Some of our Related Reports are:

- Indian Footwear Market Forecast 2014 (http://www.rncos.com/Report/IM310.htm)
- Women Ethnic Wear Market in India Outlook 2015(http://www.rncos.com/Report/IM398.htm)
- Women Innerwear Market in India Outlook 2015 (http://www.rncos.com/Report/IM399.htm)
- Women Western Wear Market in India Outlook 2015 (http://www.rncos.com/Report/IM400.htm)
- Indian Cosmetic Sector Forecast to 2015 (http://www.rncos.com/Report/IM388.htm )

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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