The universal Islamic Clothing Market report provides fundamental information about the industry, including definition, classification, application, industry chain structure, overview, and international market analysis. By collaborating with project managers, the DBMR team offers clients strategic insights into product development, key areas of growth, application modeling, technology use, acquisition strategies, exploration of niche growth opportunities, and new markets. This market research report also identifies the leading competitors and provides insights into the strategic industry analysis of the key factors influencing the Islamic Clothing Market industry. Market drivers and restraints are explained in the reliable Islamic Clothing Market report using SWOT analysis.
The Islamic Clothing Market research report considers key market dynamics of the sector. Additionally, this market report comprises crucial aspects of the market, including industry research, market sizing & forecast, competitive intelligence, market entry strategy, pricing trends, sustainability trends, customer insights, technology evolution, innovation trends, and distribution channel assessment. This market survey offers key information about the industry, important facts and figures, expert opinions, and the latest developments worldwide. The Islamic Clothing Market report can be relied upon for sure when contemplating key business decisions.
Explore Further Details about This Research Islamic Clothing Market Report
https://www.databridgemarketresearch.com/reports/global-islamic-clothing-market
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.
Data Bridge Market Research analyses that 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.
Market Definition
Islamic clothing is any type of clothing such as abayas and hijabs, prayer outfits, burkha and naqaab, thobes and jubbas, sportswear and many other which is mainly designed to fullfill the religious rules of Islam. Islamic clothes are generally loose-fitting clothes and cover the whole body, except for the head, hands and feet. Islamic clothing is often decorated and brightly coloured with embroidery or patterns.
Some of the major players operating in the islamic clothing market are:
- UNIQLO CO. LTD. (Japan)
- H&M (Sweden)
- MANGO (Spain)
- Tommy Hilfiger Licensing, LLC. (U.S.)
- Lu’an Jiaodian Clothing Co.,Ltd (China)
Drivers
- Growing Muslim population globally
According to the World Population Review in 2021, there are about 1.9 billion Muslims globally, making Islam the second-largest religion all over the globe. The Islam population is mostly split between around 340 million Shia Muslims and 1.5 billion Sunni Muslims, with some others belonging to smaller denominations. Indonesia is the largest Muslim country, where an expected 229 million Muslims are there. Islam is the dominant religion in various economies, including Iran, Afghanistan, Pakistan, Western Sahar and more. As a result of high population of Muslims all over the globe, the demand for the Islamic clothing increases which is expected to drive market growth in the forecast period.
- Rising popularity of Islamic clothing in sports industry
Increasing popularity of Islamic clothing in sports sector on account of favourable changes in rules and regulations of international games which is anticipated to increase the consumption of product. As a result, the consumer are highly investing in online retail distribution, which is anticipated to drive the market's growth. For instance, the brick and mortar strategy has adopted by Aab coupled with online retailing is likely to offer a competitive edge to the company.
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
Applications
- Islamic Man
- Islamic Women
Focusing points in the Islamic Clothing Market report
- Key trends in the Islamic Clothing Market place
- Major players and brands
- Drivers and restrains of the Islamic Clothing Market
- Strategies of key players and product offerings
- In-depth market segmentation
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