India Women Wear Consumption Market To Grow: Report Projected To Reach USD 13.55 Billion By 2029
India Women Wear Consumption Market is being propelled by variety of factors such as changing fashion preferences, the influence of e-commerce and digital transformation, and the increasing disposable income and aspirations of Indian women.
In accordance with a report by TechSci
Research titled "India
Women Wear Consumption Market - Industry Size, Share, Trends,
Competition Forecast & Opportunities, 2029," the India Women
Wear Consumption Market reached USD 13.55 billion in 2023 and is projected to
experience a 5.95% CAGR from 2025 to 2029. Within India's fashion and apparel
industry, the women's wear consumption market is a dynamic and diverse sector,
mirroring the changing preferences and lifestyles of Indian women, influenced
by cultural, economic, and societal factors.
Various factors have driven the growth of the
women's wear consumption market in India. Urbanization and evolving lifestyles
have prompted shifts in clothing preferences, particularly as more women enter
the workforce, leading to a rising demand for comfortable and stylish attire.
India's cultural diversity plays a defining role, with regional and cultural
identities influencing women's consumption patterns. Economic empowerment has
contributed significantly, providing women with the resources to invest in their
wardrobes.
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The advent of e-commerce has expanded women's
access to diverse fashion options, offering convenience and the ability to
explore and purchase clothing from home. Exposure to global fashion trends
through the internet, social media, and international brands has made Indian
women more fashion-conscious.
The market is marked by evolving trends,
including Fusion Fashion, Sustainability, Western Influences, Customization and
Personalization, Digital Fashion Shows, and Inclusivity and Diversity. Key
players in the market include domestic brands, international giants, regional
brands, artisanal and handcrafted brands, and online retailers.
Despite opportunities, the market faces
challenges such as price sensitivity, the need for affordable fashion choices,
diversity in body types, and the prevalence of counterfeit products undermining
genuine brands. The market is segmented by type (western wear, traditional
wear, sports wear, intimate wear, accessories, and others) and region (north,
south, east, and west).
Major companies operating in India Women Wear
Consumption market are:
·
Hennes & Mauritz AB (H&M)
·
The Gap, Inc
·
Shoppers Stop Ltd.
·
Zara India Ltd.
·
Forever 21, Inc.
·
Pantaloons Fashion & Retail
·
Global Desi
·
Allen Solly
·
Lifestyle
·
Trent (TATA Group- (Westside))
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The future of the India women's wear
consumption market is expected to witness continued growth and transformation,
adapting to evolving lifestyles and preferences. Emphasis on sustainability,
inclusivity, and customization will shape the industry, offering a blend of
tradition and innovation that reflects the aspirations and values of modern
Indian women. Mr. Karan Chechi, Research Director at TechSci Research,
anticipates a fascinating journey of style and expression in the market's
future.
The report titled "India Women Wear
Consumption Market By Type (Western Wear, Traditional Wear, Sports Wear,
Intimate Wear, Accessories, Others), By Sales Channel
(Supermarkets/Hypermarkets, Specialty Stores, Exclusive Stores, Online,
Others), By Region, By Competition Forecast & Opportunities,
2019-2029F" aims to provide comprehensive market
intelligence for sound investment decisions, highlighting emerging trends,
drivers, challenges, and opportunities in the India women wear consumption
market.
Related Reports:
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