Islamic Clothing Market rapid industrial growth and urbanization Forecast 2022-2030 in Market Research Community
- March 13, 2023, 3:05 a.m.
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Islamic Clothing Market Insights
Islamic Clothing market was sized at USD 72.84 Billion in 2021, witnessing a CAGR growth of 5.1% during the expected period (2022-2030), and the market is anticipated to a worth USD 113.91 Billion by 2030. 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.
Application
Islamic clothing refers to clothing that adheres to the principles of Islamic dress, which emphasizes modesty and covers the body from head to toe. This includes hijabs, abayas, thobes, and other traditional Islamic clothing items. Islamic clothing is worn by Muslims around the world and is also gaining popularity among non-Muslims who are interested in modest fashion.
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Region
The Islamic clothing market is segmented by region, with North America, Europe, Asia-Pacific, and the Middle East and Africa being the major regions. The Middle East and Africa currently dominate the market, driven by the large Muslim population in the region and the strong demand for Islamic clothing. However, Asia-Pacific is expected to be the fastest-growing region, driven by the increasing adoption of Islamic clothing among young Muslims.
Segment
The Islamic clothing market is segmented by product type, gender, and distribution channel. Based on product type, the market is segmented into hijabs, abayas, thobes, and others. By gender, the market is segmented into male and female clothing. The distribution channel segment includes online, offline, and others.
Market Segmentation
By Type:
Abayas and Hijabs, Prayer Outfits, Burkha and Naqaab, Thobes and Jubbas, Sportswear, other
By Application:
Islamic Men, Islamic Women
By Geography:
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa
Market value
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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