Apparel - India

  • India
  • Revenue in the Apparel market amounts to US$96.47bn in 2023. The market is expected to grow annually by 3.34% (CAGR 2023-2027).
  • The market's largest segment is the segment Women's Apparel with a market volume of US$43.65bn in 2023.
  • In global comparison, most revenue is generated in the United States (US$343.70bn in 2023).
  • In relation to total population figures, per person revenues of US$67.95 are generated in 2023.
  • In the Apparel market, volume is expected to amount to 38.93bn pieces by 2027. The Apparel market is expected to show a volume growth of 3.8% in 2024.
  • The average volume per person in the Apparel market is expected to amount to 23.80pieces in 2023.
  • By 2023, 99% of sales in the Apparel market will be attributable to Non-Luxury goods.
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