What is the global market size of the Islamic Clothing Market?

Global Islamic Clothing Market size was valued at USD 72.57 billion in 2021 and is poised to grow from USD 76.19 billion in 2022 to USD 112.5732538 billion by 2030, growing at a CAGR of 5% in the forecast period (2023-2030).

Islamic Clothing Market Size, Share, Growth Analysis, By Product(Ethnic Wear, Sustainable Fashion, Sportswear), By Type(Abayas and Hijabs, Prayer Outfits, Burkha and Naqaab, Thobes and Jubbas), By End users(Islamic men and Islamic women), By Region - Industry Forecast 2024-2031

Report ID: SQMIG25K2060 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 91 | Figures: 76

Islamic Clothing Market Dynamics

Islamic Clothing Market Drivers

Modest Fashion to Bolster Islamic Clothing Demand

Modest fashion is specially made for ladies of culture who love fashion and wish to wear stylishly while adhering to Koranic guidelines and the idea of covering particular body parts. Islamic clothing is modest symbolic clothing that has grown significantly in popularity recently. a number of ideas aimed at this consumer group have been released in recent years, given the sizeable number of girls and women interested in this fashion. Growth is fuelled by the preference for modest attire and the growing Muslim community. The financial state of the fashion sector is anticipated to worsen due to the global crisis, which would increase demand for modest clothes and drive the market throughout the projection period.

Islamic Clothing Market Restraints

Consumer Shift Towards Modern Fashion Industry to Hinder Market Growth

The consumer preferences is shifting and controversies around losing the ethnic value of Muslim clothing due to its shift towards the modern fashion industry is a key factor for hampering the market growth during the forecasted period.

Islamic Clothing Market Report Snapshots

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Islamic Clothing Market size was valued at USD 76.19 billion in 2022 and is poised to grow from USD 80 billion in 2023 to USD 118.20 billion by 2031, growing at a CAGR of 5% during the forecast period (2024-2031).

Islamic Clothing Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Shukr Clothing', 'Aab Collection', 'Inayah', 'Modanisa', 'Maysaa', 'Artizara', 'Haute Hijab', 'Amani's Boutique', 'Farasha Boutique', 'East Essence', 'Abaya Addict', 'Bint Thani', 'Al-Mujalbaba', 'Al-Hannah Islamic Clothing', 'FERADJE', 'Annah Hariri', 'Veiled Collection', 'Zara Shahjahan', 'Al Nisa Designs', 'Niswa Fashion'

Modest fashion is specially made for ladies of culture who love fashion and wish to wear stylishly while adhering to Koranic guidelines and the idea of covering particular body parts. Islamic clothing is modest symbolic clothing that has grown significantly in popularity recently. a number of ideas aimed at this consumer group have been released in recent years, given the sizeable number of girls and women interested in this fashion. Growth is fuelled by the preference for modest attire and the growing Muslim community. The financial state of the fashion sector is anticipated to worsen due to the crisis, which would increase demand for modest clothes and drive the market throughout the projection period.

Rising popularity of Islamic clothing in the sports industry is an emerging trend in the use of islamic cloth in international sports. Also major companies of islamic clothing are creating innovative clothing designs with modern trends blended with ethnic clothing.

Middle East and Africa dominated the market of islamic clothing with 41.2% of market share in terms of revenue, in 2021. High Islamic population with rising adoption of innovative modest clothing in islamic countries, such as UAE and Egypt is a key driving factor for dominating the regional demand for islamic clothing. Rising population and consumer disposable income in various regions.

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Islamic Clothing Market Size, Share, Growth Analysis, By Product(Ethnic Wear, Sustainable Fashion, Sportswear), By Type(Abayas and Hijabs, Prayer Outfits, Burkha and Naqaab, Thobes and Jubbas), By End users(Islamic men and Islamic women), By Region - Industry Forecast 2024-2031

Islamic Clothing Market Dynamics

Islamic Clothing Market Report Snapshots

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