Entrepreneur India – July 2019

(Greg DeLong) #1
Spending on clothes
grew by 181 per cent
during 2010-18

Organized fashion retail
will reach an estimated
45 per cent by 2025

Sarees dominate the
ethnic wear market with
47 per cent share

Share of western wear
in women’s fashion will
increase to 35 per cent
by 2023

Growth in luxury
spending is 30 times
more in Tier II cities as
compared to Tier I cities

FAST FACTS


MARKET SHARE


ETHNIC WEAR
Men

Kids

3%

Women

87%

10%

OVERALL APPAREL

41% 21%

38%

Men


Women

Kids

WOMEN APPAREL

70%

30%

Ethnic wear

Western wear

MEN APPAREL

2%
Ethnic wear

Western wear

98%

JULY 2019 l ENTREPRENEUR l 79
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