India Readymade Garments Market to Grow with a CAGR of 3.85% through 2030

The India Readymade Garments Market is vibrant and diverse, driven by fashion trends, rising disposable incomes, and increasing urbanization. It encompasses a wide range of products catering to varied consumer preferences and demographics.

According to TechSci Research report, “India Readymade Garments Market – By Region, Forecast & Opportunities, 2030F”, the India Readymade Garments market stood at USD 103.45 billion in 2024 and is anticipated to grow with a CAGR 3.85% through 2030. The India Readymade Garments Market has emerged as one of the most dynamic sectors within the country’s textile and apparel industry. As one of the largest garment producers in the world, India’s market benefits from a rich heritage of textile manufacturing and an increasingly sophisticated consumer base. Over recent years, factors such as rising disposable incomes, urbanization, and changing lifestyle preferences have significantly influenced the growth trajectory of the readymade garments sector. The increasing penetration of global brands and the growth of e-commerce platforms have further accelerated this evolution, providing consumers with greater access to a diverse range of products.

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The growth of the readymade garments market in India. Firstly, the demographic profile of the country plays a crucial role. With a large youth population that is fashion-conscious and influenced by global trends, there is a significant demand for stylish and affordable apparel. Additionally, the rise of middle-class households has led to increased spending on clothing, with consumers willing to invest in quality garments. The shift in lifestyle, coupled with a growing inclination towards online shopping, has also contributed to the market's expansion. E-commerce platforms have transformed the way consumers shop, providing convenience and a wide variety of choices that cater to different tastes and preferences. The Indian readymade garments market is characterized by a diverse range of product categories, including casual wear, formal wear, ethnic wear, sportswear, and children’s clothing. Among these, casual wear has emerged as the most significant segment, driven by changing workplace norms and a growing preference for comfort. The rise of athleisure wear has further reshaped consumer preferences, as individuals seek functional yet fashionable clothing that can be worn for both exercise and everyday activities. Ethnic wear continues to hold a prominent position in the market, reflecting the cultural diversity of the country. Manufacturers are increasingly focusing on blending traditional designs with contemporary styles to appeal to modern consumers, thereby expanding their product offerings and market reach. The importance of sustainability and ethical sourcing is also gaining traction, as consumers become more conscious of the environmental impact of their purchases. Brands that prioritize sustainable practices are increasingly favored by consumers, further shaping the competitive dynamics of the market.

The competitive landscape of the Indian readymade garments market is evolving, with both domestic and international brands vying for consumer attention. Established Indian brands such as FabIndia, W, and Allen Solly have carved out significant market shares by offering quality products that resonate with local tastes. Meanwhile, international brands like Zara, H&M, and Uniqlo are making inroads into the Indian market, catering to the aspirational consumer base. This influx of global brands has intensified competition, prompting local players to innovate and enhance their product offerings. The India Readymade Garments Market is poised for sustained growth, with several trends likely to influence its future trajectory. The increasing focus on sustainability and ethical fashion is expected to reshape consumer expectations and industry practices. As consumers become more aware of the environmental and social implications of fast fashion, there is a growing demand for sustainable materials, transparent supply chains, and ethical labor practices. Additionally, advancements in technology are likely to play a significant role in transforming the sector. The integration of artificial intelligence, machine learning, and data analytics will enable brands to better understand consumer preferences, optimize inventory management, and enhance the overall shopping experience. As the market evolves, embracing sustainability, technological innovation, and changing consumer demands will be pivotal for brands looking to thrive in the competitive landscape of the Indian readymade garments market. 

The India readymade garments market is segmented into type, material, distribution channel, and region.

The Synthetic Fibers segment is the fastest-growing category by material in the Indian readymade garments market, driven by their versatility, durability, and cost-effectiveness. As consumers increasingly seek affordable and high-performance clothing, synthetic fibers such as polyester, nylon, and elastane have gained popularity for their moisture-wicking, wrinkle-resistant, and lightweight properties. This growth is particularly evident in activewear and casual apparel, where performance and comfort are paramount. Additionally, advancements in technology have improved the quality and aesthetics of synthetic fabrics, making them more appealing to consumers. Brands are leveraging these innovations to create stylish and functional garments that cater to diverse lifestyle needs. The rise of athleisure and the increasing focus on fashion trends have further propelled the demand for synthetic fiber garments. As a result, this segment is set to continue its upward trajectory, playing a crucial role in shaping the future of the Indian readymade garments market.

Major companies operating in India Readymade Garments market are:

• H&M Hennes & Mauritz Retail Private Limited
• Aditya Birla Fashion and Retail Limited
• Arvind Lifestyle Brands Limited
• Fabindia Limited
• Benetton India Pvt. Ltd.
• BIBA Fashion Limited
• Raymond Limited
• Future Lifestyle Fashions Ltd.
• Levi Strauss (India) Private Limited
• Shoppers Stop Limited

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“The India Readymade Garments Market thrives on diverse consumer demands, urbanization, and economic growth. It encompasses a wide array of clothing options, from traditional attire to modern fashion, driven by evolving lifestyle choices and fashion trends. Major cities play a crucial role as centers of retail and fashion influence, while digital platforms accelerate market accessibility. Sustainability and regional preferences further shape market dynamics, fostering innovation and market expansion in this competitive industry segment.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

India Readymade Garments Market Segmented, By Type (Kid’s Wear, Men’s Wear, Women’s Wear), By Material (Cotton, Wool, Silk, Leather, Synthetic Fibers, Others), By Distribution Channel (Online, Offline), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Readymade Garments market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India Readymade Garments market.

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