Islamic fashion design market emerging industry with huge potential | ummid.com
But, not a single local Muslim brand dominates the market, says Dubai Chamber of Commerce and Industry report
Globally, spending on clothing and footwear reached about $2.1 trillion in 2012 and this figure is expected to reach $2.9 trillion by 2018. Spending by the Muslim population is expected to grow from $224 billion in 2012 to $322 billion by 2018, comprising about 11.2 percent of the global spending, the report noted.
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