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INDIAN FORMAL WEAR AND ITS MARKET SIZE

INDIAN FORMAL WEAR 

The formal wear can be classified as men's formal wear and women's wear .The Indian women's wear formal segments also includes garments like salwar kameez,lehanga choli and sarees.The men's wear formal wear is Sherwanis and Nehru jackets but India is a diverse country so each state of India have their own formal wear.

MARKET SIZE 

Formal wear contributes to approx 63% of men's wear and women's wear 75%.The size of Indian formal wear is approx $42 billion.Going by the current trends,the formal wear market is excepted to reach $84 billion by 2025.Also to increase the pie value,big players in the formal wear are innovating and coming up with smart clothing that can monitor emotions,track heart rate and observe movements and make payments.Indian women's formal wear is the fastest growing market.Thanks to the increase in the no. of working women.
LEHANGA

SHERWANI

SALWAR KAMEEZ

SAREE

NEHRU JACKET

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