San Francisco, 11 March, Islamic Clothing Market Size, Share &
Trends Analysis Report By Product (Ethnic Wear, Sustainable Fashion,
Sportswear), By Region (Middle East & Africa, Asia Pacific, Europe), And
Segment Forecasts, 2018 - 2025
The global islamic clothing market size is expected to reach USD 88.35 billion by
2025, according to a new report by Grand View Research, Inc. It is anticipated
to register a CAGR of 5.0% over the forecast period. Increasing expenditure by
Islamic population on lifestyle and apparels, especially among the wealthy,
elite, and traditional Middle Eastern population is expected to propel the
product demand.
Major countries outside Western
fashion industry contributing to a significant share include Malaysia, Turkey,
and Indonesia, where the industry is highly lucrative. Controversies around
losing the ethnic value of Muslim clothing due to its shift towards mainstream
fashion industry is projected to hamper the growth.
Initiation of various marketing
campaigns by industry players in line with maintaining the very core of the
Muslim percepts, Sharia, or the Islamic law is projected to propel growth of
the Islamic clothing market. In addition, increasing demand for modest yet
fashionable clothing, especially from young generation with high purchasing
power is likely to complement market growth.
Increasing reservations
regarding over-commercialization of what is primarily meant to be a rigorous
religious mandate can pose as a challenge to the market players. In addition,
involvement of multinational fashion brands is projected to restrain growth of
the small Islamic clothing companies.
Access Full Research
Report On Islamic Clothing Market Analysis:www.grandviewresearch.com/industry-analysis/islamic-clothing-market
Further key findings from the report suggest:
·
In 2017, ethnic wear accounted
for 70.9% market share, in terms of revenue, owing to rising demand for the
abayas and hijabs and thobes and jubbas in countries with a high Islamic
population
·
Burkha and naqaab segment is
expected to expand at a CAGR of 5.4% from 2017 to 2025 owing to increasing
demand from Middle Eastern countries including Saudi Arabia, UAE, and Iraq
·
Sustainable fashion is expected
to register a CAGR of 4.9% over the forecast period on account of the shifting
focus of the leading fashion brands towards the development of innovative
clothing options for younger population
·
Asia Pacific contributed to
over 31.3% revenue share in 2017 owing to the presence of over 63% of global
Muslim population in Indonesia, Pakistan, India, Bangladesh, Myanmar, and
Morocco
·
Key players operating in the
Islamic clothing market are House of Fraser, Marks & Spenser, Aab, H&M,
and Mango among others. Leading companies cater to the rising demand for
diverse options from different parts of the world. Few manufacturers are
large-scale producers with a diverse product portfolio, which enables them to
cater to the increasing demand
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/smart-textiles
Grand View Research has segmented the
global Islamic clothing market on the basis of product and region:
Islamic Clothing Product
Outlook (Revenue, USD Million, 2014 - 2025)
·
Ethnic and Womenswear
o
Abayas & Hijabs
o
Prayer Outfits
o
Burkha & Naqaab
o
Thobes & Jubbas
o
Others
·
Sustainable Fashion
·
Sportswear
Islamic Clothing Regional
Outlook (Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
Turkey
o
Russia
·
Asia Pacific
o
Indonesia
o
Malaysia
o
Pakistan
o
India
·
Central & South America
·
Middle East & Africa
o
UAE
o
Nigeria
o
Saudi Arabia
o
Egypt
Browse Press
Release of this Report:
https://www.grandviewresearch.com/press-release/global-islamic-clothing-market
https://www.grandviewresearch.com/press-release/global-islamic-clothing-market
About Grand View
Research
Grand View
Research provides syndicated as well as customized research reports and
consulting services on 46 industries across 25 major countries worldwide. This
U.S.-based market research and consulting company is registered in California
and headquartered in San Francisco. Comprising over 425 analysts and
consultants, the company adds 1200+ market research reports to its extensive
database each year. Supported by an interactive market intelligence platform,
the team at Grand View Research guides Fortune 500 companies and prominent
academic institutes in comprehending the global and regional business
environment and carefully identifying future opportunities.
For more
information: www.grandviewresearch.com/
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