Islamic Clothing Market Insights In 2021, the Islamic clothing market was valued at USD 72.84 billion, and it is predicted to experience a Compound A
Islamic Clothing Market Insights
In 2021, the Islamic clothing market was valued at USD 72.84 billion, and it is predicted to experience a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period of 2022-2030. By 2030, the market is projected to be worth USD 113.91 billion.
The market is being driven by the increasing Muslim population worldwide, the growing popularity of modest fashion, and the rising demand for ethically-produced clothing.
Modest clothing, commonly known as Islamic clothing, comprises a range of garments that conform to the principles of Islamic dress. This clothing is intended to promote modesty and covers the body from head to toe. Popular items in Islamic clothing include hijabs, abayas, thobes, and other traditional garments. Muslims worldwide wear Islamic clothing, and it has also gained traction among non-Muslims interested in modest fashion.
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The market for Islamic clothing is segmented by region, with the major regions being North America, Europe, Asia-Pacific, and the Middle East and Africa. The Middle East and Africa presently hold the largest share of the market due to the large Muslim population in the region and the high demand for Islamic clothing. However, Asia-Pacific is expected to witness the highest growth rate in the market, owing to the rising acceptance of Islamic clothing among the younger generation of Muslims.
The Islamic clothing market is segmented according to the product type, gender, and distribution channels. The product type segment comprises hijabs, abayas, thobes, and other traditional Islamic clothing items. The gender segment is divided into male and female clothing. The distribution channel segment includes online, offline, and other channels of distribution.
Abayas and Hijabs, Prayer Outfits, Burkha and Naqaab, Thobes and Jubbas, Sportswear, other
Islamic Men, Islamic Women
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa
The growth of the market is driven by the increasing Muslim population worldwide, the growing popularity of modest fashion, and the rising demand for ethically-produced clothing.
In conclusion, the Islamic clothing market is a rapidly growing sector of the fashion industry, with a projected value of $361 billion by 2027. The market is being driven by the increasing Muslim population worldwide, the growing popularity of modest fashion, and the rising demand for ethically-produced clothing. The market is segmented by application, region, segment, and market value, and is expected to continue its growth trajectory in the coming years.
The study provides answers to the following key questions:
• What type of customers buying the products and services from companies operating in the Islamic Clothing Market?
• What will be the roadmap for the product manufacturers operating in the Islamic Clothing Market for the forecast period, 2022-2030?
• What are the recent developments in the competitive landscape to look out for during the estimated period?
• What are the major trends influencing customers’ lives and their buying behaviour?
• How can brands best communicate with the customers they intend to target?
• When, where and how the customers want to use or consume the products or services?
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