India’s Apparel Revolution: Market Insights, Growth Patterns, and Consumer Shifts
India Apparel Market Outlook
The India Apparel Market, currently valued at USD 115.70 billion in 2024, is poised for steady growth, expected to reach USD 171.60 billion by 2034, expanding at a CAGR of 4% during the forecast period (2025–2034). This discussion explores the key drivers, market dynamics, and evolving trends shaping this growth trajectory.
1. Rising Middle Class and Disposable Income: The Growth Engine
A central driver of the Indian apparel market is the expanding middle class, which continues to experience a shift in lifestyle and consumption patterns. With increasing urbanization, better job opportunities, and higher earnings, there has been a notable change in spending behavior, especially among millennials and Gen Z consumers. These groups are not just buying clothes for utility anymore—they’re seeking fashion, self-expression, and brand identity.
The influx of global and premium brands India Apparel Market has further widened consumer choices, fostering a brand-conscious culture. From formal wear to…