Ethnic Wear Market Growth Forecasts - A USD 126.2 Bn Industry Opportunity By 2028Posted by rahul nikade on December 16th, 2022 Ethnic Wear Industry Overview The global ethnic wear market size is anticipated to reach USD 126.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2021 to 2028. Due to globalization, the transfer of culture and tradition, as well as individuals traveling and residing in different countries, there has been a strong demand for ethnic clothing from many nations across the world. Furthermore, the worldwide desire for ethnic dresses at theme-based functions, rent-based models for renting ethnic garments, and the expansion of distribution channels through e-commerce are driving the ethnic wear market. Ethnic Wear Market Segmentation Grand View Research has segmented the global ethnic wear market on the basis of end user, distribution channel, and region: Based on the End-user Insights, the market is segmented into Men, Women, Children.
Based on the Distribution Channel Insights, the market is segmented into Online, Offline.
Ethnic Wear Regional Outlook
Key Companies Profile & Market Share Insights There are numerous small- and medium-scale retailers, which make the market for ethnic wear highly fragmented. Many players in the market are opening their retail stores to resume their offline expansion and continue their growth momentum during the global health crisis and economic slowdown. Some prominent players in the global ethnic wear market include
Order a free sample PDF of the Ethnic Wear Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Like it? Share it!More by this author |