Infographic SGIE 2022: Modest fashion
DinarStandard’s State of the Global Islamic Economy (SGIE) report 2022 estimates that Muslim spend on fashion increased by 5.7% in 2021, from $279 billion to $295 billion, and is expected to grow by 6% in 2022 to $313 billion and reach $375 billion in 2025, at a four year compound annual growth rate (CAGR) of 6.1%.
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