The market size of Indian wear in women's apparel amounted to 747 billion Indian rupees in the financial year 2021. This was a decrease as compared to the previous year. However, this was likely to increase to 1.68 trillion rupees in the financial year 2025.
Ethnic Wear Market Size 2025-2029
The ethnic wear market size is forecast to increase by USD 45.9 billion at a CAGR of 8.4% between 2024 and 2029.
The market is experiencing significant growth due to several key factors. The expansion of the fashion industry is driving demand for ethnic wear as consumers seek unique and authentic clothing options. Additionally, the increased online presence of ethnic wear brands and retailers is making these products more accessible to a wider audience. Furthermore, Seasonal demand, particularly during festive occasions mainly in women's apparel, contributes to the market's growth. The growing trend of fusion fashion and fast fashion is fueling the popularity of ethnic wear. These trends are shaping the market, providing opportunities for businesses to capitalize on the growing demand for traditional and culturally significant clothing.
What will be the Size of the Ethnic Wear Market During the Forecast Period?
Request Free Sample
The market has experienced notable shifts in response to various factors. With the impact of lockdowns and changing client habits, retail sales have seen a significant shift towards online channels. Ethnic wear, including Kurtis, saris, lehengas, and fusion wear, has gained increasing popularity, blurring the lines between traditional and Western clothes. Rapid urbanization and fashion awareness have fueled the demand for ethnic wear, particularly among younger generations. Production models have evolved, with an emphasis on value chains that prioritize sustainability and ethical labor practices. Fashion influencers and micro-influencers have played a pivotal role in shaping buying behavior, with social media advertising becoming a key strategy for reaching consumers.
High-end brands have entered the market with limited-edition goods, catering to the corporate world's demand for formal ethnic wear. The apparel industry's evolution has led to the emergence of various sales channels, including specialty stores, retail stores, and e-commerce platforms. Kids' ethnic wear has also gained traction, reflecting the growing trend of passing down cultural traditions. Rooted in historical tradition, this has evolved into fusion clothing, blending traditional garments like Kurtis, saris, and lehengas with modern apparel like jeans, crop tops, and shirts. Overall, the market continues to evolve, offering exciting opportunities for businesses and consumers alike.
How is this Ethnic Wear Industry segmented and which is the largest segment?
The ethnic wear industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Women
Men
Kids
Distribution Channel
Offline
Online
Geography
APAC
China
India
Japan
South Korea
Singapore
North America
Canada
US
Europe
Germany
South America
Brazil
Argentina
Middle East and Africa
By End-user Insights
The women segment is estimated to witness significant growth during the forecast period.
Ethnic wear, consisting of Kurtis, Saris, and Lehengas, holds a significant market share within the apparel industry, particularly among women. In 2024, this segment accounted for the largest revenue share. Cultural events, festivals, weddings, and various occasions drive the demand, which is popular among women in countries with diverse cultural backgrounds, including India, Pakistan, and Bangladesh. The fashion industry's growth and globalization have led to the emergence of fusion wear, combining traditional ethnic styles with modern trends.
Additionally, the workplace has become an expanding market. Social media advertising and influencers, both micro and macro, significantly impact consumer behavior, driving the market's growth.
Get a glance at the Ethnic Wear Industry report of share of various segments Request Free Sample
The women segment was valued at USD 35.40 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 35% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions, Request Free Sample
Ethnic wear holds significant cultural importance in Asia, with traditional clothing worn during various occasions such as weddings, festivals, and religious ceremonies. The Asian continent's rich diversity in styles and designs has fueled the popularity of ethnic wear. In recent years, the fashion industry in the Asia Pacific (APAC) has evolved, blending traditional designs and fabrics with modern clothing. This
In financial year 2021, the market value of women's traditional wear through the ecommerce channel was about 131 billion Indian rupees. In comparison, the market value through the multi brand outlets was over seven billion rupees.
In fiscal year 2021, the market size of saree and others in the women's ethnic wear amounted to over 384 billion Indian rupees. In comparison, salwar kameez dupattas was valued at about 363 billion rupees during the same period.
The share of unorganized retail in the women's Indian wear market was 72 percent in fiscal year 2021. In comparison, the share of organized retail in the women's ethnic wear market was 28 percent during the same year.
The market size of women's ethnic wear across India in the financial year 2020 was approximately 17 billion U.S. dollars and was estimated to reach more than 24 billion dollars by 2025. The surety of having clothing that goes with specific occasions, including festivals and weddings ensures a growth in this market, in both urban and rural areas.
By the financial year 2018, the share of western wear in India's retail market rose to 68 percent. Up to the fiscal year 2025, this share was expected to increase even further, while ethnic wear was estimated to shrink to a share of only 28 percent.
https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy
Market Analysis for Ethnic Wear Market The global ethnic wear market is predicted to reach a value of $86.66 billion by 2033, exhibiting a 3.68% CAGR from 2025 to 2033. Key drivers fueling this growth include rising disposable incomes, changing fashion trends that favor traditional and fusion styles, and growing urbanization in developing countries. Moreover, the increasing penetration of e-commerce platforms has made ethnic wear more accessible to consumers. The market is segmented into various categories based on product type, material, design, occasion, and price range. Traditional wear, including sarees, sherwanis, and lehengas, dominates the market, while Indo-Western and fusion wear are gaining popularity. Cotton is the most widely used material, followed by silk, georgette, and velvet. Embroidery, beading, and sequins are common embellishments, and ethnic wear is often worn for weddings, festivals, and special occasions. Geographically, Asia Pacific is the largest market for ethnic wear, with India accounting for a significant share. Ethnic Wear Market: A Comprehensive Market Analysis The Global Ethnic Wear Market is anticipated to reach a staggering USD 500 billion by 2027, driven by factors such as the growing popularity of cultural heritage, rising disposable incomes, and the expansion of the online retail industry. Key drivers for this market are: 1 Rising disposable income2 Changing consumer preferences3 Growing urbanization4 Increasing popularity of online shopping5 Government initiatives to promote traditional textiles. Potential restraints include: Rising Disposable Income Growing Urbanization Changing Fashion Trends Cultural Revival.
In the fiscal year 2018, the western wear market in India stood at 37 billion U.S. dollars. Up to financial year 2025, the market was expected to rise up to a value of 77 billion dollars. Especially the men's apparel market was dominated by western wear. Ethnic wear accounted for only seven percent in men's apparel in India.
Islamic Clothing Market Size 2025-2029
The Islamic clothing market size is forecast to increase by USD 59.2 billion, at a CAGR of 9.1% between 2024 and 2029.
The market, encompassing apparel, sports apparel, swimwear, and ethnic wear, is experiencing significant growth in the digital realm. Key drivers include the rise in product visibility and accessibility through e-commerce platforms, as well as the increasing adoption of omni-channel retailing. However, challenges persist, such as the availability of counterfeit Islamic clothing items online. Brands and retailers must prioritize logistics and security measures to ensure authenticity and customer satisfaction. In the US and North American markets, labels specializing in Islamic clothing continue to expand their online presence, catering to the needs of a growing consumer base seeking modest and culturally appropriate attire. The use of technology, including computers and mobile devices, facilitates seamless shopping experiences for this demographic.
What will be the Size of the Islamic Clothing Market During the Forecast Period?
Request Free Sample
The market, also known as the Muslim consumer segment within the Islamic fashion industry, caters to the unique needs and preferences of the global Islamic population. This market encompasses a diverse range of apparel, including abayas, hijabs, prayer outfits, thobes, jubbas, and various forms of head coverings such as the burqa and niqab. The market's growth is driven by the increasing global Islamic population, which is projected to reach 2.2 billion by 2030, and the rising demand for modest fashion that adheres to Islamic dress codes. Online retail distribution channels have significantly influenced the market's expansion, providing convenience and accessibility to consumers.
The lifestyle apparel sector, which includes sportswear for both Islamic men and women, has also gained traction due to the growing interest in health and fitness. Multinational fashion brands have increasingly entered this market, recognizing the potential for consumer investments and product consumption. Despite the growth, challenges persist, including negative reviews and the need for improved product quality and authenticity. Overall, the market continues to evolve, reflecting the diverse needs and preferences of its global consumer base.
How is this Islamic Clothing Industry segmented and which is the largest segment?
The Islamic clothing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Ethnic wear
Sustainable fashion
Sports wear
End-user
Islamic women
Islamic men
Distribution Channel
Online
Offline
Geography
Middle East and Africa
Egypt
Nigeria
APAC
India
South Korea
Europe
North America
US
South America
By Product Insights
The ethnic wear segment is estimated to witness significant growth during the forecast period.
The market caters to the unique needs of Muslim consumers, offering apparel that adheres to Islamic principles. This market encompasses various segments, including abayas, hijabs, prayer outfits, burqas, and niqabs for women, and thobes, jubbas, and sports and fitness wear for men. The Muslim population, estimated at 1.8 billion, presents a significant potential customer base for this industry. Islamic fashion industry growth is driven by cultural and lifestyle factors, particularly in Muslim majority economies. Younger generations are increasingly embracing innovative clothing designs that blend traditional Islamic clothing with contemporary styles, creating a demand for modest fashion wear. Ethnic wear, a popular segment, is particularly sought after during cultural events and significant occasions.
The sports industry also presents opportunities for the market growth, with the increasing popularity of sports hijabs. Consumer investments in sustainable fashion are also influencing the industry. Multinational fashion brands and high street brands are increasingly catering to this market, offering a range of options from luxury to affordable prices. E-commerce platforms are facilitating online retail distribution, addressing logistical issues and expanding market reach.
Get a glance at the market report of the share of various segments Request Free Sample
The ethnic wear segment was valued at USD 69.50 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 39% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insig
https://www.techsciresearch.com/privacy-policy.aspxhttps://www.techsciresearch.com/privacy-policy.aspx
India Kids Wear Market has valued at USD21.24 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 4.23% through 2029.
Pages | 86 |
Market Size | |
Forecast Market Size | |
CAGR | |
Fastest Growing Segment | |
Largest Market | |
Key Players |
The Western wear apparel segment was valued at about four trillion Indian rupees during the financial year 2023. Comparatively, the market size of the ethnic apparel segment was 1.63 trillion rupees. The Western wear segment dominated the apparel market with about 70 percent market share.
Online Clothing Rental Market Size 2025-2029
The online clothing rental market size is forecast to increase by USD 1.16 billion at a CAGR of 7.1% between 2024 and 2029.
The growing e-commerce fashion industry is the key driver of the online clothing rental market, as consumers increasingly turn to online platforms and e-commerce retail for convenient, affordable access to apparel.
An upcoming trend is the rising popularity of experiential marketing, where brands create memorable experiences to attract customers and increase engagement. However, a weak inventory management system is a key challenge, as it can lead to stockouts, delays, and poor customer experience, hindering the growth and efficiency of the market.
What will be the Size of the Market During the Forecast Period?
Request Free Sample
How is this market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Women
Men
Children
Type
Formal
Casual
Traditional
Business Model
Subscription based
Standalone
Peer to Peer
Geography
North America
Canada
US
Europe
Germany
UK
France
Italy
APAC
China
India
Japan
South Korea
South America
Middle East and Africa
By End-user Insights
The women segment is estimated to witness significant growth during the forecast period. The market is experiencing growth due to the increasing preference for renting occasion wear among women. With a growing awareness of sustainable fashion and reducing clothing waste, the market is projected to expand during the forecast period. Women's segment is expected to dominate the market as they prioritize clothing choices based on various occasions, including formal meetings, parties, weddings, and outdoor activities.
Renting allows them to access high-end formal clothes, luxury footwear, premium jackets, suits, and sports apparel for special events without the need for extensive purchasing. Online clothing rental also addresses the environmental concern of reducing textile waste by promoting the circular economy. This trend is particularly relevant for formal clothes, which are often worn only once or a few times, making rental an economical and eco-friendly alternative.
Get a glance at the share of various segments. Request Free Sample
The women segment was valued at USD 1.69 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 51% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions Request Free Sample
The market in North America is a significant and mature sector, driven by the well-established e-commerce industry and high Internet penetration in the region. With approximately 92% of the US population using the Internet in 2023, the United States is a major player in the global online market. companies in this market are differentiating themselves through various strategies due to the fragmented competition. Key growth factors include the high demand for premium and luxury clothing, the presence of fashion clusters, and the increasing consumer preference for sustainable clothing. The US dominates the market in North America.
Market Dynamics
In the dynamic world of retail, the shift towards online shopping portals has been a game-changer. The online retail industry, encompassing a vast array of product categories, has significantly impacted the fashion sector. Fashion vlogs and social media have fueled the demand for the latest trends, driving consumers to seek out the newest styles from the comfort of their homes. The film industry, too, has contributed to this trend, with actors and actresses frequently showcasing their red-carpet looks on social media. This has led to a growth in demand for luxury designer dresses, bridal wear, and formal clothing items from both consumers and garment manufacturers. Furthermore, fashion brands have responded to this shift by increasing their online presence, offering a wide range of clothing activities, from casual wear to men's wedding outfits, designer dresses, and international designer labels.
Consumers' fashion sense has evolved, with an emphasis on versatility and style, making online shopping a convenient and accessible solution. Fashion trends are no longer limited to specific regions or seasons, with consumers seeking the latest styles from around the world. Online shopping has made it possible for consumers to explore vario
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global bridal wear market size is USD 45184.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 18073.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2%from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 13555.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 10392.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
The Latin America market will account for more than 5% of global revenue and have a market size of USD 2259.21 million in 2024. It will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD 903.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The gown held the highest bridal wear market revenue share in 2024.
Market Dynamics of Bridal Wear Market
Key Drivers for Bridal Wear Market
Traditional Weddings Drive Demand for Elaborate Bridal Attire
Traditional weddings often incorporate specific customs and cultural practices that dictate the style and type of bridal attire worn, which in turn drives demand for ornate designs in the bridal wear market. Different cultures have unique preferences for colors, fabrics, and embellishments, making traditional weddings a major driver for modified and luxurious bridal wear. In Indian weddings, brides traditionally wear ornate sarees or lehengas adorned with intricate embroidery and vibrant colors. Similarly, traditional Chinese weddings feature red as a symbolic color of prosperity and good luck. This demand for culturally specific and elaborate bridal attire encourages designers and manufacturers to innovate and offer various options that cater to these traditions. As a result, the bridal wear market sees growth, particularly in regions where traditional weddings are prominent. This trend also encourages a fusion of modern and traditional styles, further expanding the market and its offerings.
Social Media Influences Fashion Choices and Boosting Market Visibility
Social media is crucial in influencing fashion choices and boosting market visibility in the bridal wear market. Platforms such as Instagram, Pinterest, and TikTok allow brides-to-be to discover and share a wide range of bridal fashion trends worldwide. Influencers, fashion bloggers, and celebrities showcase different styles, inspiring brides with curated looks and ideas for their big day. Brands and designers leverage social media to launch collections, engage with their audience, and provide real-time updates on new trends. Brides can access a wealth of information and inspiration at their fingertips, making it easier to find and select their dream wedding attire. Social media's visual and interactive nature also facilitates direct engagement between customers and designers, enabling brides to customize their attire and access personalized services. This increased exposure and connectivity fuel growth in the bridal wear market.
Restraint Factor for the Bridal Wear Market
Reduced Spending Power Can Limit Bridal Wear Purchases
Reduced spending power can significantly limit bridal wear purchases in the bridal wear market. Economic downturns or personal financial challenges can lead to brides tightening their budgets, affecting their ability to invest in high-end or custom bridal attire. Brides may opt for more affordable options, secondhand dresses, or simplified designs to cut costs. This shift in purchasing behavior can impact bridal wear brands that rely on selling premium or luxury products. Additionally, budget-conscious brides may prioritize other wedding expenses over their attire, further impacting the market. Brands must adapt by offering a range of price points and diversifying their product lines to include more budget-friendly options. This adjustment can help maintain sales and appeal to a broader customer base during economic fluctuations.
Impact of Covid-19 on the Bridal Wear Market
The COVID-19 pandemic significantly impacted the bridal wear market. Restrictions on gatherings and travel led to...
Kurta sets were the most famous ethnic wear among Indian men, accounting for a share of 35 percent in 2020. Sherwanis, being particularly famous at marriages, accounted for 30 percent of India's ethnic wear market for men.
Apparel Market Size 2025-2029
The apparel market size is forecast to increase by USD 707.4 billion at a CAGR of 7.1% between 2024 and 2029.
The market is experiencing significant growth, driven by various trends and challenges. Sustainability and ethical practices are increasingly important to consumers, leading to a magnetization towards labels that prioritize these factors. The e-commerce sector's expansion is another key growth factor, enabling easy access to a wide range of textiles, from cotton to silk, wool, and more. Fast fashion continues to dominate the scene, with consumers seeking affordable and trendy options. Meanwhile, the luxury apparel segment, including LED lighting technology in clothing, athletic apparel, and textiles like yarn, are gaining traction In the market. Additionally, the spa and wellness industry's influence on apparel is growing, with consumers seeking comfortable and stylish clothing for relaxation and self-care.
Swimwear and sneakers remain popular categories, catering to the active lifestyle trend. Overall, the market's future looks promising, with continued innovation and consumer demand driving growth.
What will be the Size of the Apparel Market During the Forecast Period?
Request Free Sample
The market encompasses a vast array of products, including traditional garments and luxury wear, catering to adults and children. This market is characterized by its dynamic nature, driven by advancements in textile technology and the increasing popularity of online shopping and e-commerce portals. Fiber-based materials, such as yarns and fabrics derived from knitting, weaving, and stitching, form the foundation of the apparel industry. The market's size is substantial, with demand for various apparel items, including shirts, pants, coats, skirts, suits, heels, sneakers, and boots, fueling its growth. Luxury brands continue to hold a significant presence, offering high-end apparel and footwear items that cater to discerning consumers.
The apparel industry's future direction lies In the integration of technology, sustainability, and innovation, ensuring a continuous evolution of this essential and ever-changing market.
How is this Apparel Industry segmented and which is the largest segment?
The apparel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Women
Men
Children
Distribution Channel
Offline
Online
Type
Mass
Premium
Luxury
Geography
APAC
China
India
Japan
South Korea
North America
Canada
US
Europe
Germany
UK
France
Middle East and Africa
South America
By End-user Insights
The women segment is estimated to witness significant growth during the forecast period.
The market experienced significant growth, with the women's segment holding the largest share in 2024. Driven by factors such as evolving fashion trends, increasing purchasing power, and changing lifestyles, women continue to be the primary consumers of apparel. Fashion consciousness among women is at an all-time high, leading to a continuous demand for new clothing items, accessories, and footwear. Innovative designs catering to specialized needs, such as adaptive clothing for individuals with disabilities or mobility challenges, are gaining popularity. Brands like Silverts offer stylish and functional solutions, such as pants with easy-pull-up dressing grips and jackets with concealed magnet closures.
Online shopping through e-commerce portals and mobile devices has become increasingly popular among the millennial generation, contributing to the market's growth. Sustainable approaches, including the use of recycled materials, textile-based fibers like cotton and silk, and eco-friendly dyeing methods, are also gaining traction In the apparel industry. Luxury brands and high-end fashion continue to influence trends, with a focus on long-lasting clothing and unique concepts. However, concerns regarding the harmful impacts of fast fashion on the environment and the use of unethical practices, toxic chemicals, and animal cruelty persist.
Get a glance at the Apparel Industry report of share of various segments Request Free Sample
The Women segment was valued at USD 686.90 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 44% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions, Request Free Sample
The market experienced significant growth In the Asia Pacific (AP
Salwar kameez dominated the Indian women's apparel market with a market size of over 440 billion Indian rupees in 2018. Saree also remained popular with a market value of over 400 billion rupees in that year. Western attire such as tops, shirts, or denim had a significantly lower market value with less than 30 million rupees each.
India’s apparel market
Along with a growing population, India’s apparel market is expected to grow significantly in the years to come. While men have a slightly higher share in the subcontinent’s apparel market, the retail of women’s apparel is expected to catch up, so that in 2025 women’s apparel may dominate the market. Although India’s apparel retail mostly takes place in traditional retail settings, e-tailing of fashion is emerging as a new stronghold in the market. Considering the ongoing coronavirus pandemic, new technologies such as online fitting options may emerge as game-changers in apparel retail.
Ethnic attire of India While India’s male population preferred western apparel over ethnic apparel, India’s women showed a preference for ethnic attire. The salwar kameez, composed of wide trousers, a dress-like kurta, and usually a long stole is a particularly comfortable dress. The elegant saree is among the most recognizable piece of female apparel on the subcontinent, with each region having its own unique draping style. Festivals, special occasions, and weddings were the most important occasions for purchasing new ethnic attire. In contrast, personal choice for ethnic attire plays a rather minor role for women in India.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, The Global Sustainable Fashion market size is USD 7915.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 23.50% from 2024 to 2031.
North America Sustainable Fashion Market held 40% of the global revenue with a market size of USD 3166.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.7% from 2024 to 2031.
Europe Sustainable Fashion Market held 30% of the global market size of USD 2374.56 million in 2024.
Asia Pacific Sustainable Fashion Market held 23% of the global revenue with a market size of USD 1820.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.5% from 2024 to 2031.
South America Sustainable Fashion market held 5% of the global revenue with a market size of USD 395.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.9% from 2024 to 2031.
Middle East and Africa Sustainable Fashion Market held 2% of the global revenue with a market size of USD 158.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 23.2% from 2024 to 2031.
The sales of apparel are expected to increase due to shifting consumer preferences towards sustainable and versatile clothing options, coupled with innovative designs and increased accessibility through various sales channels.
The sales of women's apparel are anticipated to rise owing to evolving fashion trends, increased purchasing power, targeted marketing efforts, and a growing emphasis on inclusivity and diversity in fashion.
Growing Consciousness about Environmental and Social Issues to Increase Sales
The growing consciousness about environmental and social issues is becoming a significant driver in the sustainable fashion market, leading to increased sales. As consumers become more aware of the detrimental effects of traditional fashion practices on the planet and society, they are actively seeking out eco-friendly and ethically produced alternatives. This heightened awareness has sparked a shift in consumer behaviour, with individuals increasingly prioritizing sustainability in their purchasing decisions. They are willing to invest in clothing that aligns with their values, such as garments made from recycled materials, organic fibres, or produced under fair labour conditions. Consequently, fashion brands that embrace sustainable practices and communicate their commitment to environmental and social responsibility are experiencing a surge in sales, as they cater to a growing market segment seeking ethical and eco-conscious fashion choices.
Shifts in Consumer Values Towards Ethical Consumption to Propel the Growth
Shifts in consumer values towards ethical consumption are significantly propelling growth in the sustainable fashion market. As consumers increasingly prioritize transparency, accountability, and sustainability in their purchasing decisions, they are driving demand for ethically produced clothing. This shift is fuelled by a desire to support brands that uphold ethical labour practices, minimize environmental impact, and promote social responsibility throughout the supply chain. Consumers are seeking out garments made from eco-friendly materials, such as organic cotton or recycled fibres, and are willing to pay a premium for products that align with their values. Additionally, the rise of social media and digital platforms has facilitated greater awareness and discourse around sustainability issues in the fashion industry, further driving consumer demand for ethical alternatives. As a result, fashion brands that embrace ethical practices and incorporate sustainability into their business models are experiencing significant growth opportunities, as they cater to an increasingly conscientious consumer base.
Advancements in Materials Drives the Sustainable Fashion Market
Market Restraints of the Sustainable Fashion
Resistance from Traditional Players to Slow Down the Overall Transition Towards Sustainability
Resistance from traditional players in the fashion industry poses a significant challenge to the overall transition towards sustainability. Established brands often face pressure to maintain profitability and may be reluctant to invest in costly changes to their production processes or supply chains. Additionally, there may be a lack of incentive to shift towards sustainability if consumers continue to prioritize low-cost...
https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy
The Menswear Market offers a wide range of products, including:Trousers: Formal and casual trousers in various styles and fabricsDenims: Jeans and denim pants, including regular fit, skinny fit, and distressed stylesShirts: Dress shirts, casual shirts, and t-shirts in various patterns and colorsEthnic Wear: Traditional garments for specific occasions and cultural eventsAthleisure Wear: Comfortable and stylish clothing designed for both athletic and casual wear Recent developments include: March 2024: The UK fashion brand Next's distribution and management rights were acquired by the e-commerce behemoth Myntra. By doing agreement, Myntra gains the authority to open branded storefronts for the fashion retailer Next in India and to distribute its items., October 2023: The launch of Skims Men’s was introduced by Kim Kardashian's company Skims with an All Star commercial featuring football superstar Neymar Jr., 2022 NFL Defensive Player of the Year Nick Bosa, and NBA All-Star Shai Gilgeous-Alexander. Cozy tanks and shirts, silky boxers, and finely crafted briefs are all part of the collection., August 2022: A limited-edition denim collection inspired by circular fashion was released by H&M. The collection is the first to be made with eco-friendly materials, such as Circulose Viscose and TENCEL Lyocell with REFIBRA technology. The collection includes four pairs of loose-fitting five-pocket trousers, two oversized button-down shirts, one oversized workwear jacket, and one hooded zip jacket, all in muted indigo hues with a stonewashed finish., July 2022: Gap Inc. partnered with India's largest retailer, Reliance Retail Limited, to launch in India. With this partnership, Reliance began offering Gap's most recent men's, women's, and children's fashions to Indian customers.. Notable trends are: The growing obese population is driving the market growth.
The leading brand with the highest market share for ethnic apparel in India for women was TCNS (selling under brands like W and Aurelia) with about 23 percent, followed by BIBA with about 18 percent of this market during 2016. Sarees accounted for the highest share of the women's apparel market in 2014.
The market size of Indian wear in women's apparel amounted to 747 billion Indian rupees in the financial year 2021. This was a decrease as compared to the previous year. However, this was likely to increase to 1.68 trillion rupees in the financial year 2025.