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Garment Retail Franchise Business Opportunities is Top Franchisee Business

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Garment Retail Franchise Business opportunities is top franchising business. The Retail garment franchisee business is leveraged by expanding garment business and the changing fashion trends has propelled the fashion garment business in India. As this market of garment business attains growth momentum business analysts and  market researchers anticipate the market growth by over 48% in 2019 as compared to 35% in 2014, as reported by Edelweiss Broking Ltd. The growth in Garment Retail Franchise Business Oppurtunities is mainly propelled by the increase in the disposal income and customer getting more brand conscious. Garment market has also witnessed growth mainly with online market that has seen exponential growth in recent decade.

With this market  growth, many garment industry are now appointing garment retail franchisee in India as various retail stores natiowides. The international brands have also started eying this market and have stepped in to have a major bite of this market segments, mainly by appointing franchisee of thier retail stores. Brands that were never heard of decades before are not flourishing in various shopping malls and also the online ecommerce websites offering high pitches sales discount in order to wider it foot prints and add weight to its customers client base.

Various new player are also entering into this market with plans of estabilishing franchisee for garment retail stores. New player are mainly focusing on the price to quality ration with high quality garments but keeping the cost low, not to pinch the customer wallet too hard.  New retail store are being opened in every nook of the city and also new franchises of international brands the cost of opening a retail garment stored depends on the product portfolio displayed in the reatil stores.

Return of investment is also an important factor on the success of the the retail store effective costing that includes inventory holding cost, brand establish and marketing cost with other recurring cost like rental should always be calculated before one plans to start a retail store

Statistics for Market of Garment segement in India

  • compound annual growth rate (CAGR) of 15% between 2009 and 2014 to 10-12% between 2014 and 2019,
  • The men’s apparel segment clocked an annual growth rate of 10% over 2010-2015 and is estimated to post 8% by 2020, growing from $13 billion currently to $19 billion.
  • The women’s apparel segment, recorded a 9.5% CAGR over 2010-2015, it is anticipated to post an 8.5% CAGR by 2020.
  • The readymade garments market is estimated at $45 billion, of which the domestic market is around $27 billion, while exports stand at $18 billion. The Indian branded apparel industry is estimated to be $10 billion in size and growing at 10-12% per annum
  • The tenure of  2010-2011 and 2015-16, modern retail’s share has increased from 7% to 16% and this is set to grow to 37% of the overall retail trade by 2021.
  • Online Retail market is anticipated to grow to $44 billion by 2018 from $13 billion in 2014 accounting for 31% of online retail is contributed by apparels

CONTACT US IF YOU ARE LOOKING TO START A RETAIL STORE BUSINESS, WE CAN CONNECT YOU TO VARIOUS BUSINESS HOUSES INTO GARMENT SEGMENT AND ARE ESTABILISHING FRANCHISEE NETWORK OF GARMENT STORES WITH GOOD RETURN OF INVESTMENT

DORI WEAR PROVIDES LOW INVESTMENT FRANCHISEE OPPORTUNITIES MAILY LADIES GARMENTS AND PROVIDES VARIOUS ESTABILISHED AND INTERNATIONAL BRANDS OF LADIES GARMENTS.

 



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