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Earlier report,

India's apparel market to grow from $95.7 billion in CY2025 to $146.3 billion by 2029, CMAI-1Lattice report says

Since then, : India's apparel market to hit $146.3 bn by 2029, CMAI report says; offline channels held 83% of 2025 sales

Our read

The desk expects growth to stay offline-led and rural-anchored through CY2029, with online and kidswear as the fastest-gaining pockets rather than a channel shift.

For operators

With rural India at $55.9 billion of CY2025 consumption and offline retail holding 83% of sales, prioritise store and distribution reach beyond metros, and consider widening kidswear ranges, which are projected to grow at 9.4% CAGR.

Watch

Quarterly same-store sales growth and store-addition counts from listed apparel retailers

The report

The Clothing Manufacturers Association of India and 1Lattice expect a 9% CAGR over that period. Rural India already accounts for $55.9 billion of CY2025 consumption, and offline retail holds 83% of sales.

India's apparel market is projected to grow from $95.7 billion in CY2025 to $146.3 billion by CY2029
Apparel market size, CY2025$95.7 billion
Projected apparel market, CY2029$146.3 billion

What we verified

Checked against the other reports of this story.

Updates

Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.

  1. Read the update at Financial Express

    India's apparel market to hit $146.3 bn by 2029, CMAI report says; offline channels held 83% of 2025 sales

    • Offline apparel sales in 2025: $79.4 billion
    • Online apparel sales in 2025: $16.3 billion
    • Casualwear share of market in 2025: 31%

On the record

Earlier Clothing Manufacturers Association of India reports on RetailIntel, newest first.

Reported figures

From the report. Source details below

Online share of CY2025 sales: 17%
Menswear segment size in CY2025: $38.5 billion
Kidswear CAGR CY2025-CY2029: 9.4%

The source

Source Read the source at India Retailing

Filed

Confirmed by The Hindu BusinessLine, Storyboard18, ET Small Business, IMAGES Business of Fashion, Mint, BW Marketing World, Fortune India, Apparel Resources India, Financial Express

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Note Information, not investment advice. RetailIntel is not registered with SEBI.