Leading Ethnic Wear Country Markets Databank
The Ethnic Wear market was valued at $77,590.0 Million in 2020, and is projected to reach $114,300.6 Million by 2029 growing at a CAGR of 4.44% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $32,277.4 Million in 2020, and is anticipated to reach $46,523.4 Million by 2029, registering a CAGR of 4.18%. Asia-Pacific is anticipated to reach $26,581.8 Million by 2029 with the highest CAGR of 5.97%. North America and Europe collectively expected to account for about 73.9% share of the Ethnic Wear market in 2020, with the former constituting around 41.6% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 5.97% and 4.18% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 62.0% in the overall Ethnic Wear market in 2020, and is anticipated to reach 64.0% by 2029.
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