Apparel - Worldwide

  • Worldwide
  • In 2025, the revenue in the Apparel market worldwide is estimated to reach a staggering US$1.84tn.
  • This market is projected to experience an annual growth rate of 2.61% between 2025 and 2029 (CAGR).
  • Among the various segments within the Apparel market, the largest one is Women's Apparel, which is anticipated to have a market volume of US$0.96tn in 2025.
  • When comparing global revenue generated in the Apparel market, in the United States takes the lead with an estimated revenue of US$366bn in 2025.
  • In terms of per capita revenue, the Apparel market is predicted to generate US$234.80 per person in 2025, considering Worldwidewide population.
  • Looking ahead to 2029, the volume in the Apparel market is projected to reach 198.4bn pieces.
  • Additionally, there is an expected volume growth of 1.3% in 2026.
  • The average volume per person in the Apparel market is estimated to be 24.1pieces in 2025.
  • Furthermore, it is anticipated that 94% of the sales in the Apparel market by 2025 will be attributed to Non-Luxury.
  • The apparel market in China is experiencing a surge in demand for luxury brands, with consumers willing to pay premium prices for high-quality products.

Key regions: United States, Philippines, India, Europe, Germany

Market
Region
Region comparison
Currency

Revenue

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Dec 2024

Source: Statista Market Insights

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Notes: The growth rates shown are based on the year 2022. The growth rates of the drivers in the waterfall chart are calculated based on USD values only. Using a different currency than USD will not have an effect on the drivers' growth rates, but data might change due to the conversion.

Most recent update: Aug 2023

Source: Statista Market Insights

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Most recent update: Dec 2024

Source: Statista Market Insights

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Most recent update: Mar 2024

Sources: Statista Market Insights , Annual reports of key players , Desk research , Statista Consumer Insights Global

in trillion USD (US$)

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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Feb 2023

Consumer

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This report presents a comprehensive analysis and additional information on the Apparel market, in a PDF format.
Apparel: market data & analysis - Background Apparel: market data & analysis - Cover

Volume

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Most recent update: Dec 2024

Source: Statista Market Insights

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Most recent update: Dec 2024

Source: Statista Market Insights

Price

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Most recent update: Dec 2024

Source: Statista Market Insights

Key Players

in percent

2022
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Most recent update: May 2024

Source: Statista Market Insights

Sales Channels

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Most recent update: Mar 2024

Source: Statista Market Insights

Product Types

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Most recent update: Sep 2022

Sources: Statista Market Insights , Statista Consumer Insights Global , Leading international news agencies , UN Comtrade - United Nations Comtrade

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Most recent update: Dec 2024

Source: Statista Market Insights

Global Comparison

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Most recent update: Dec 2024

Source: Statista Market Insights

Analyst Opinion

While Greater China almost overtakes the U.S. as largest fashion market in the world, key economic indicators create a more cautious mood for the global fashion industry potentially slowing down by 2020. For companies it is crucial to prepare plans to address a possible transformation of global value chains emerging by new opportunities from global consumer spending shifting towards emerging economies as well as trade tensions and uncertainties. A leverage point could be to take a strong position on social and environmental issues, as this is very much demanded by the younger generation.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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