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India's apparel market to grow from $95.7 billion in CY2025 to $146.3 billion by 2029, CMAI-1Lattice report says
The Clothing Manufacturers Association of India and 1Lattice expect a 9% CAGR over that period. Rural India already accounts for $55.9 billion of CY2025 consumption, and offline retail holds 83% of sales.
The numbers
Figures from India Retailing
| Online share of CY2025 sales: | 17% |
|---|---|
| Menswear segment size in CY2025: | $38.5 billion |
| Kidswear CAGR CY2025-CY2029: | 9.4% |
Why it matters for the brand
With rural India at $55.9 billion of CY2025 consumption and offline retail holding 83% of sales, prioritise store and distribution reach beyond metros, and consider widening kidswear ranges, which are projected to grow at 9.4% CAGR.
The source
Filed
Confirmed by The Hindu BusinessLine, Storyboard18, ET Small Business, IMAGES Business of Fashion, Mint, BW Marketing World, Fortune India, Apparel Resources India, Financial Express Business, Auto & Life
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