The Islamic Clothing Market is expected to reach USD 122.73 billion by 2030, which is USD 78.77 billion in 2022, registering a CAGR of 5.70% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
The increasing number of Islamic population along with shifting preference towards modest Islamic clothing fashion wear is expected to enhance the market growth. According to the State of Global Islamic Economy repost, Muslim consumer spending, including modest clothing, is projected to reach above USD 3.0 trillion by 2021 from USD 1.9 trillion in 2014. These figures represent a high growth potential for the Islamic fashion industry. Moreover, the increasing popularity of Islamic clothing owing to favourable changes in international game regulations further increases the market growth.
The main drivers of the market’s growth between 2022 and 2029 are the rising lifestyle and clothing expenditures by the Islamic population. Growing consumer investments in online retail distribution and the expanding popularity of Islamic apparel in the sports sector as a result of beneficial modifications in international game laws are also anticipated to support the market’s growth throughout the anticipated timeframe.
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Some of the major players operating in the islamic clothing market report are:
- H&M,
- American Association Of Bioanalysts,
- Marks and Spencer Reliance India Private Limited,
- House of Fraser Limited,
- UNIQLO CO. LTD.,
- Dolce & Gabbana S.r.l.,
- MANGO,
- Tommy Hilfiger Licensing, LLC.,
- The Donna Karan Company Store LLC., and adidas India Marketing Pvt. Ltd, among others.
Global Islamic Clothing Market Scope and Market Size
The islamic clothing market is segmented on the basis of applications, product and type. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of application, the Islamic clothing market is segmented into Islamic man and Islamic women.
- Based on product, the Islamic clothing market is segmented into ethnic wear, sustainable fashion and sportswear.
- Islamic clothing market is also segmented on the basis of type into abayas and hijabs, prayer outfits, burkha and naqaab, thobes and jubbas, sportswear and other.
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Islamic Clothing Market Country Level Analysis
The countries covered in the islamic clothing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the islamic clothing market owing to the rapid growth of young Muslim population along with the rising ethnic fashion trends along with increasing immigration of Muslim population. In addition, the presence of several multinational companies manufacturing these apparels within the region in the forecast period of 2022 to 2029. Asia-Pacific region, on the other hand, is expected to score the highest CAGR owing to the increasing penetration of designer clothing in countries, such as Indonesia, Malaysia, and India within the above-mentioned forecast period.
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Competitive Landscape and Islamic Clothing Market Share Analysis
The islamic clothing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to islamic clothing market.
Global Islamic Clothing Market Scope
The islamic clothing market is segmented on the basis of product, type and applications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Ethnic Wear
- Sustainable Fashion
- Sportswear
Type
- Abayas and Hijabs
- Prayer Outfits
- Burkha and Naqaab
- Thobes and Jubbas
- Sportswear
- Other
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