Study By Janak

Business of Fashion - - Contents Fashion Retail -

Shar­ing num­bers of the mar­ket size for eth­nic wear, Mehra said, “As of to­day women’s wear ac­counts for 38 per­cent of the en­tire fash­ion re­tail seg­ment, with an es­ti­mated worth of USD 17.5 bil­lion, with an ex­pected CAGR of

9.9 per­cent which will reach to USD 44 bil­lion in 2026. Eth­nic wear is the largest con­trib­u­tor in this seg­ment with 66 per­cent share and is ex­pected to grow at 5 per­cent.”

The chang­ing re­tail land­scape

“Women’s wear ac­counts for 38% of the en­tire fash­ion re­tail seg­ment, with an es­ti­mated worth of USD 17.5 bil­lion, which will reach to USD 44 bil­lion in 2026. Eth­nic wear is the largest con­trib­u­tor in this seg­ment with 66 per­cent share and is ex­pected

to grow at 5 per­cent.”

-Vandy Mehra, Di­rec­tor, Study By Janak

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