Market Insights Consumer Apparel Men's Apparel

Shirts - India

India

In 2024, the revenue generated in the Shirts market in India amounts to US$7.95bn.
It is projected to grow annually by 3.19% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in the Shirts market, reaching US$16,440m in 2024.
In terms of per person revenues, in 2024, each individual in India contributes US$5.51 to the total revenue in the Shirts market.
Looking ahead to 2029, the volume of the Shirts market is expected to reach 1.3bn pieces units.
Additionally, there is an anticipated volume growth of 3.5% units in 2025.
On average, each person in India is expected to contribute 0.8pieces units to the Shirts market's volume in 2024.
India's shirt market is experiencing a surge in demand for traditional handloom shirts, reflecting a growing interest in indigenous craftsmanship and sustainable fashion.

Key regions: Philippines, Singapore, India, China, United States

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Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.