The size of the global apparel and footwear market in 2019 was 1.9 trillion U.S. dollars, and this was forecast to reach 3.3 trillion U.S. dollars by 2030.
The sportswear market is one of the key apparel markets worldwide: it was valued at 265 billion U.S. dollars in 2019 and was predicted to increase by around 80 percent by 2025. Sportswear is made from materials that improve agility and offer comfort, specifically designed to aid performance during physical activities. Nike was the leading sportswear company worldwide in 2019, with sales generating more than 39 billion U.S. dollars.
Retail sales of the global apparel and footwear market from 2017 to 2019, with a forecast for 2030
(in trillion U.S. dollars)
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Retail sales in trillion U.S. dollars
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BCG. (April 19, 2019). Retail sales of the global apparel and footwear market from 2017 to 2019, with a forecast for 2030 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/875708/global-apparel-and-footwear-market-retail-sales-value/
BCG. "Retail sales of the global apparel and footwear market from 2017 to 2019, with a forecast for 2030 (in trillion U.S. dollars)." Chart. April 19, 2019. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/875708/global-apparel-and-footwear-market-retail-sales-value/
BCG. (2019). Retail sales of the global apparel and footwear market from 2017 to 2019, with a forecast for 2030 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/875708/global-apparel-and-footwear-market-retail-sales-value/
BCG. "Retail Sales of The Global Apparel and Footwear Market from 2017 to 2019, with a Forecast for 2030 (in Trillion U.S. Dollars)." Statista, Statista Inc., 19 Apr 2019, https://www.statista.com/statistics/875708/global-apparel-and-footwear-market-retail-sales-value/
BCG, Retail sales of the global apparel and footwear market from 2017 to 2019, with a forecast for 2030 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/875708/global-apparel-and-footwear-market-retail-sales-value/ (last visited July 03, 2024)
Retail sales of the global apparel and footwear market from 2017 to 2019, with a forecast for 2030 (in trillion U.S. dollars) [Graph], BCG, April 19, 2019. [Online]. Available: https://www.statista.com/statistics/875708/global-apparel-and-footwear-market-retail-sales-value/