Halal Fashion Market
Halal Fashion Market
The market for Halal Fashion was estimated at $518.41 billion in 2024; it is anticipated to increase to $714 billion by 2030, with projections indicating growth to around $934 billion by 2035.
Global Halal Fashion Market Outlook
Revenue, 2024 (US$B)
$518B
Forecast, 2034 (US$B)
$885B
CAGR, 2024 - 2034
5.5%
Market Key Insights
- The Halal Fashion market is projected to grow from $518.4 billion in 2024 to $885 billion in 2034. This represents a CAGR of 5.5%, reflecting rising demand across Modest Islamic Clothing, Halal Swimwear and Halal Formal and Corporate wear.
- Modanisa, Rizq Islamic Clothing, Haute Hijab are among the leading players in this market, shaping its competitive landscape.
- Indonesia and UAE are the top markets within the Halal Fashion market and are expected to observe the growth CAGR of 3.6% to 5.3% between 2024 and 2030.
- Emerging markets including Nigeria, South Africa and Bangladesh are expected to observe highest growth with CAGR ranging between 6.3% to 7.6%.
- Transition like Technological Integration in Halal Fashion is expected to add $53.8 billion to the Halal Fashion market growth by 2030
- The Halal Fashion market is set to add $367 billion between 2024 and 2034, with manufacturer targeting Modern Clothing & Sportswear Product projected to gain a larger market share.
- With Surge in consumer awareness, and Technological advancements, Halal Fashion market to expand 71% between 2024 and 2034.
Opportunities in the Halal Fashion
Partnering with known designers and influencers who are interested in the world of Halal Fashion could open up new opportunities for growth, in this industry sector. These partnerships not only help boost brand recognition but also draw in fresh customers looking to delve into the realm of Halal Fashion.
Growth Opportunities in Middle East and Southeast Asia
Middle East Outlook
Southeast Asia Outlook
Market Dynamics and Supply Chain
Driver: Surge in Consumer Awareness, and Global Islamic Economic Influence
Restraint: Limited Awareness
Opportunity: Technological Innovations in Online Retail and Evolving Consumer Demographics
Challenge: Lack of Standardization
Supply Chain Landscape
Raw Material Procurement
LIM Apparel
Zara for Halal Fashion
Harris Tweed Hebrides
Design & Production
Modanisa
Haute Hijab
HijUp
Distribution & Sales
Nike
Uniqlo
H&M
Consumer Use
Halal Fashion outlets
E-commerce platforms
Raw Material Procurement
LIM Apparel
Zara for Halal Fashion
Harris Tweed Hebrides
Design & Production
Modanisa
Haute Hijab
HijUp
Distribution & Sales
Nike
Uniqlo
H&M
Consumer Use
Halal Fashion outlets
E-commerce platforms