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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
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.
What we verified
Checked against the other reports of this story.
- India apparel market size by 2029: $146.3 billion — India Retailing and Financial Express agree.
- India apparel market size in 2025: $95.7 billion — India Retailing and Financial Express agree.
- Apparel market annual growth to 2029: 9% — India Retailing and Financial Express agree.
Updates
Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.
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
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
First seen