Modest Fashion Sector Snapshot - SGIE 2025/26
Muslim consumer spending on clothing and footwear reached US$ 347 billion in 2024, reflecting 6.2% growth from US$ 327 billion in 2023, and is projected to reach US$ 444 billion by 2029, representing a 5.1% CAGR over the forecast period. Iran, Türkiye, and Saudi Arabia remain the largest modest fashion markets globally based on Muslim consumer spending.
Beyond its size, the secto
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