Released on: April 17, 2008, 3:50 am

Press Release Author: Shushmul Maheshwari

Industry: Apparel & Fashion

Press Release Summary: The growing number of working women, changing fashion trends,
lifestyle and coming of big retail companies is leading to the growth of women
apparel industry in India.

Press Release Body: According to “Booming Women Apparel Market in
India”, a recent market research report released by RNCOS, women apparel
market is expected to grow at a CAGR of 17.79% by 2010. According to the research,
though men’s apparel market dominates the overall apparel industry, women
apparel market is growing at a higher rate than men’s segment.

The report has found that Indian women apparel market is mainly unorganized and is
dominated by unbranded garments. However, the report has forecasted the organized
retail sector to grow at a CAGR of 30% during 2008 to 2010. Women apparel market is
anticipated to account for 23% of the organized sector in 2010.

The booming organized apparel retail market in India is opening up new vistas for
branded clothes for women. As branded apparel offers huge margins to the retailers,
its share in the total market is likely to increase in near future.

According to a Senior Research Analyst at RNCOS, emergence of foreign brand outlets
with an increasing number of working women is giving a new dimension to Indian women
dressing style. This change has brought golden opportunity for premium apparel
segment to attract foreign luxury brands in India and tap this hug market. And with
women making about 48.4% of total Indian population, foreign brands can scale new
heights in Indian women apparel market.

Another big untapped opportunity area in the Indian women apparel market lies in
large-size apparel segment, identified the RNCOS research. With 28% of Indian women
being obese, the large-sized apparel can register a significant growth in future.
Moreover, as practically no big retailer is currently operating in this segment, the
first entrants to the market will certainly reap the maximum profit.

The report has also evaluated the growth prospects of various segments of women
apparel market, including formal, casual, lingerie and ethnic wear. Sarees dominate
the women apparel market in both value as well as volume terms and this segment is
anticipated to post a CAGR growth of over 14% by 2010 (in value terms).

“Booming Women Apparel Market in India” provides a detailed view on the
drivers, opportunities and challenges for the Indian women apparel market and
thoroughly evaluates the various aspects of the market to give an insight into the
market.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM607.htm
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