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Dear Readers,
Welcome to the latest edition of IMAGES Business of Fashion, the Womenswear special, where we dive into the heart of India’s exciting women’s apparel market, an extremely dynamic section of the Indian fashion retail industry where style meets commerce.
2 decades and counting into the 21st Century, women have evolved in the roles that they play in society – working professionals, homemakers, mothers. And as they break through the glass ceiling, accomplishing and emerging winners in all facets of life, they are waking up to the idea of dressing the part, leading to a boom in the womenswear segment in the Indian Fashion Retail Industry.
According to Technopak, the women’s apparel market in India is experiencing significant growth, reflecting broadereconomic and social trends. By the end of FY25, the market is projected to reach ~ USD 29.08 billion, demonstrating the increasing purchasing power and changing fashion preferences among Indian women. The market will grow at a CAGR of 5% from 2024 to 2030 to reach ~ USD 34.48 billion by FY30.
These figures illustrate the significant growth potential in the women’s apparel market in India, driven by increasing disposable incomes and evolving fashion trends among Indian women.
Our August 2024 issue promises to be a definitive guide to this ever-evolving world of women’s fashion retail. In these pages, you will find specially curated, in-depth research pieces from Technopak and 1Lattice as wellas insightful analyses, leadership interviews and groundbreaking strategies.
Don’t miss this veritable sneak peek into the future of womenswear in India. Join us as we navigate the complexities of this vibrant market, celebrating creativity and driving success in womenswear retail. As always, we hope you find this issue informative. Don’t forget to log onto our website, www.imagesbof.in for more in-depth information on all things womenswear.
