DCF Growth rate on Revenue

I'm currently doing a DCF analysis, but I'm stuck on the future growth rate part of the analysis. I was told to use the industry growth rate as the growth rate for the company I'm doing the analysis for. Also, that I should be incorporating inflation rate as well? My industry is Clothing/Apparel. What are some reliable sources that I can use to find the industry growth rate? Furthermore, should I be averaging the past 5-10 years' growth rates and using what I get as the growth rate for the next 5 years?

I've looked at CSIMarket and Statista , but they both give me different growth rates for the Apparel industry. Thank you.

2 Comments
 

Hi teachmepls0101, whoops, looks like nobody chimed in here.... maybe one of these discussions below is relevant:

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