Global Ethnic Wear Market 2024-2028
Global Ethnic Wear Market 2024-2028
The ethnic wear market is forecasted to grow by USD 40.6 bn during 2023-2028, accelerating at a CAGR of 8.08% during the forecast period. The report on the ethnic wear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of fashion industry boosting ethnic wear demand, increased presence on social media platforms, and increased disposable income.
Technavio's ethnic wear market is segmented as below:
By End-user
By Distribution Channel
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increased online presence of ethnic wear as one of the prime reasons driving the ethnic wear market growth during the next few years. Also, collaboration of vendors with celebrities and rise in adoption of eco-friendly fabric ethnic wear will lead to sizable demand in the market.
The report on the ethnic wear market covers the following areas:
- Ethnic wear market sizing
- Ethnic wear market forecast
- Ethnic wear market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ethnic wear market vendors that include Aditya Birla Management Corp. Pvt. Ltd., BIBA Apparels Pvt. Ltd., Diwan Saheb Fashions Pvt. Ltd., ELIE SAAB, Esika World, Fabindia Overseas Pvt. Ltd., High Street Essentials Pvt. Ltd., House of Torani, Kalki Fashion, Landmark Group, Lemlem, Mr Dulha, Nesavaali Ltd., Ochre and Black Pvt. Ltd., Rain and Rainbow, Raymond Ltd., Shanghai Tang, TCNS Clothing Co. Ltd., Thebe Magugu Ltd., and Vedant Fashions Ltd.. Also, the ethnic wear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.