The market size for women's and girls' ensembles made of cotton in India stood at 34.3 million USD in 2023. Starting with a value of 38.488 million USD in 2013, the market saw fluctuating trends with significant drops in 2016 and 2017. A slight recovery trend is observed from 2020 onwards, with minimal year-on-year growth around 0.24% in the past few years, leading to a modest 0.33% CAGR over the last five years.
Future trends to watch for include:
- Potential impacts of sustainable fashion, driving demand for organic cotton.
- Fluctuations in raw cotton prices affecting production costs and prices.
- Technological advancements in textile production improving quality and reducing costs.
- Changing consumer preferences toward Western-style garments.
