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The Islamic clothing market size is estimated to grow at a CAGR of 7.32% between 2024 and 2028. The market size is forecast to increase by USD 34.92 billion. The growth of the market depends on several factors such as the rise in product visibility and accessibility through online retailing, the rising number of working women across the globe and the expansion of fashion industry.
This Islamic clothing market report extensively covers market segmentation by product (ethnic wear, sustainable fashion, and sportswear), end-user (Islamic women and Islamic men), and geography (Middle East and Africa, APAC, Europe, North America, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018-2022.
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Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
One of the key factors driving the Islamic clothing market growth is the rise in product visibility and accessibility through online retailing. There is an increasing preference for individuals to shop online rather than from physical stores due to their hectic schedules. In addition, the prices offered to customers online are often lower than those offered through offline channels. This is mainly due to the lower overhead costs of online retailers.
Moreover, many international and national competitors offer their products online, as online retailing helps them in promotion as well as enhancement of their brand /images. In addition, E-retail has become the fastest-growing distribution channel in the global Islamic clothing market. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.
A key factor shaping the Islamic clothing market growth is the growing adoption of omnichannel retailing. There is an increasing adoption of omnichannel retailing by Islamic clothing market players to improve the customer experience through all possible shopping channels. Some of the various channels include mobile devices, personal computers, brick-and-mortar, television, radio, and many more.
Moreover, it makes marketing more efficient with customized customer solutions based on purchase patterns, website visits, loyalty programs, and other data mining techniques. Furthermore, online apparel shopping is on the rise due to the growing Internet users, especially in emerging economies such as Asia. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.
The availability of counterfeit products for Islamic clothing is one of the key challenges hindering the Islamic clothing market growth. Due to the presence of a large number of counterfeit products available in the global Islamic clothing market, this leads to market fragmentation. As a result, there is an uneven competitive scenario, a lack of price standardization, and market share erosion. Furthermore, fake brands, which lack in terms of durability and quality, sell their products at lower costs than those of international brands to gain a competitive advantage over the latter.
Moreover, due to this low-cost factor of counterfeit products, key market competitors find it difficult to achieve optimum market penetration. Therefore, these fake products dilute the original brands as many consumers confuse fake products with original products. Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the market growth during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Islamic Clothing Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Aab UK Ltd: The company offers Islamic clothing products such as abayas, maxi dresses, midis, kimonos, trousers, slip dresses and modest swimwear.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The ethnic wear segment is estimated to witness significant growth during the forecast period. The demand for this segment varies depending on various factors, such as cultural events, festivals, weddings, and other occasions. In addition, ethnic wear is popular among women in many parts of the world, especially in countries with diverse cultural backgrounds such as India, Pakistan, Bangladesh, and other South Asian countries. Furthermore, with the growth of the fashion industry and increasing globalization, many women are now experimenting with fusion wear that combines traditional ethnic wear with modern styles and trends.
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The ethnic wear segment was the largest segment and was valued at USD 52.59 billion in 2018. Moreover, there is also a growing demand for ethnic wear in the workplace as several companies have relaxed their dress codes, allowing employees to wear traditional attire on specific days of the week or during festivals. As a result, this has led to an increase in the demand for ethnic wear for women in the professional environment. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.
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APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Another region offering significant growth opportunities to companies is MEA. Saudi Arabia and the UAE are the key contributors of revenue to the market in the region. In addition, the increasing internet penetration in MEA and awareness about trendy Islamic women's clothing aid the market in the region. Furthermore, the demand for fashion products in African countries is growing due to the rising awareness of fashion apparel. Several economic factors including the growth in disposable income and an increase in household final consumption expenditure are expected to contribute to the growth of the market in the region. Hence, such factors drive the market growth in APAC during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global Islamic clothing market witnessed a significant slowdown due to the permanent or temporary shutdown of offline distribution channels of Islamic clothing. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in offline distribution channels. Such factors are expected to drive the market during the forecast period.
The Islamic clothing market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Islamic Clothing Market Scope |
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Report Coverage |
Details |
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Page number |
144 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.32% |
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Market growth 2024-2028 |
USD 34.92 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.7 |
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Regional analysis |
Middle East and Africa, APAC, Europe, North America, and South America |
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Performing market contribution |
APAC at 40% |
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Key countries |
Saudi Arabia, United Arab Emirates, Turkey, Indonesia, and Pakistan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Aab UK Ltd., Aaliya Collections Ltd., Al Mujalbaba, ANNAH HARIRI, Arabic Attire, Artizara, Bargello.com, EastEssence, Haute Hijab Inc., Inaya Collections, INNERMOD PTE LTD., Modanisa Elektronik Magazacilik ve Ticaret AS, Mushkiya Lifestyle Pvt. Ltd., MyBatua, Niswa Fashion, SHUKR, Sunnah Style Inc., Urban Modesty Inc., Veiled Collection, and Alhannah Islamic Clothing |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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