Global Islamic Clothing Market report puts light on analysis of prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, and applications globally. This market research report performs an estimation of the growth rate and the market value based on market dynamics and growth inducing factors. Local, regional as well as global market has been considered here to conduct the research study of Islamic Clothing Market report. The report can be accessible to the users in the form of PDF or spreadsheet. Moreover, PPT format can also be offered depending upon client’s requirement.
While preparing an outstanding Islamic Clothing Market report, combination of best industry insight, practical solutions, talent solutions and latest technology have been utilized. The report aids in taking important decisions for the growth of business. What is more, with the utilization of best-practice models, comprehensive market analysis and research methodologies in this business report, it becomes simple to obtain perfect market segmentation and insights. The report also takes into consideration the detailed profiles of market’s major manufacturers and importers who are dominating the market. The world class Islamic Clothing Market report enlists key competitors with the required specifications and also endows with the strategic insights and analysis of the main factors influencing the industry.
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.
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.
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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.
Global Islamic Clothing Market Dynamics
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.
Some of the major players operating in the islamic clothing market are:
- UNIQLO CO. LTD. (Japan)
- HM (Sweden)
- MANGO (Spain)
- Tommy Hilfiger Licensing, LLC. (U.S.)
- Lu’an Jiaodian Clothing Co.,Ltd (China)
Core Objective of Islamic Clothing Market:
Every firm in the Islamic Clothing Market has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.
- Size of the Islamic Clothing Market and growth rate factors.
- Important changes in the future Islamic Clothing Market.
- Top worldwide competitors of the Market.
- Scope and product outlook of Islamic Clothing Market.
- Developing regions with potential growth in the future.
- Tough Challenges and risk faced in Market.
- Global Islamic Clothingtop manufacturers profile and sales statistics.
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Islamic Clothing Market
Chapter 3: Regional analysis of the Global Islamic Clothing Market industry
Chapter 4: Islamic Clothing Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Regional Analysis for Islamic Clothing Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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