Expected to register a CAGR of 5.70 per cent during the forecast period of 2023 to 2030, the Islamic clothing market is expected to reach US $ 122.73 billion by 2030.
The market size of this product category was US $ 78.77 billion in 2022.
A report by Data Bridge Market Research says that the increasing Islamic population along with shifting preference towards modest Islamic clothing fashion wear is expected to enhance the market growth.
Abayas and Hijabs, Prayer Outfits, Burkha and Naqaab, Thobes and Jubbas are few of the major products in this category.
According to the State of Global Islamic Economy repost, Muslim consumer spending, including modest clothing, is projected to reach above US $ 3 trillion by 2021 from US $ 1.9 trillion in 2014.
These figures represent a high growth potential for the Islamic fashion industry. Moreover, the increasing popularity of Islamic clothing owing to favourable changes in international game regulations further increases the market growth.
