The clothing industry is the most powerful one today.
Many people invest a lot of money in their wardrobe. How much people spend on clothes depends on their gender, financial background, line of work, and how interested they are in keeping their wardrobe up to date.
Here’s the scoop:
Apparel industry statistics confirm that the clothing industry keeps growing exponentially. Many people work there, and it’s becoming more and more essential for economies, investments, and profits around the globe.
Luckily, many apparel brands are working towards making sustainable fashion our reality. They’re trying to reduce their negative impact on nature and climate by becoming mindful and finding solutions to eliminate waste.
Let’s see what the stats have to say about the state of the industry.
Trendy Clothing Industry Statistics (Editor’s Choice)
- Global apparel industry statistics suggest the worldwide clothing industry market will grow to $1.52 trillion by 2020.
- The US, Japan, Brazil, Italy, and China are some of the biggest apparel markets.
- In 2016, the US earned roughly $292 billion from store-based retail.
- Sports apparel brought $56 billion in the US in 2018.
- Up to 2018, sales of upscale men’s clothing increased faster than women’s for three years in a row.
- Between 2000 and 2014, shoppers bought 60% more garments than 15 years ago.
- American women spend up to $400 monthly on clothes, according to clothing industry trends.
Apparel Industry Revenue Stats
1. Clothing retail stores amassed $189.1 billion from 1992 to 2017.
Stats show that customers predominantly purchased from establishments that sell new clothes over this period.
2. In 2012, the global apparel market size was worth $1.7 trillion.
These stats confirm that the apparel market is one of the most powerful ones out there. Also, 75 million workers make sure to keep the industry’s wheels turning.
3. 50% of the global clothing demand consists of womenswear.
Children’s clothing, accessories, and menswear come next in the global market. In the US, $41 billion came from womenswear, compared to a “mere” $8.8 billion from menswear.
4. The US apparel market size will grow to $385 billion in 2025.
The corresponding figure for 2019 was $368 billion. Even though there are many people who buy clothes online, there are also those who like to try them on before purchasing. So, they go to malls and shopping centers.
5. Over New Year and Christmas 2016, Americans spent $15.69 billion on clothes, retail clothing industry statistics confirm.
In the United States, December is the month when everyone buys clothes in bulk. Most Americans take the chance to buy much-needed clothing garments with the help of holiday discounts.
6. US ecommerce clothing sales reached $68 billion in 2017.
Statistics prove that a large number of Americans enjoy shopping from the comfort of their homes. Online apparel sales are expected to reach a whopping $100 billion by 2021, according to online apparel sales statistics. Amazon, Gap, and Nordstrom are the biggest ecommerce chains.
7. In 2019, there were about 110,370 workers in the US apparel industry.
In contrast, that number was 902,740 in 1990, apparel industry employment statistics reveal. The industry has been outsourcing jobs to cheaper labor markets such as Mexico, China, and Southeast Asia for three decades now.
8. In 2019, the global sports apparel market had a revenue of $181 billion.
This stat shows that the worldwide sportswear market generated seven billion dollars more than the year before. It is predicted that these profits will rise to $208 billion in 2025.
9. The fashion industry is predicted to grow by 3 to 4%.
In the Asia-Pacific region, the sales increase for the apparel market will be considerably higher at 6-7%. On the other hand, Europe will probably have a 1-2% increase in clothing sales. So, the fashion industry growth rate will determine the trends for 2020.
10. In 2017, the US clothing and clothing accessories sales added up to $258.74 billion.
In 1992, this figure stood at $120.1 billion. It has been going up steadily since then, with a slight decrease during the economic recession of 2007-2009.
11. In November 2019, the US clothing retail store sales amounted to roughly $18.7 billion.
This statistic followed retail sales of US clothing shops from January 2017 to December 2019 each month. December 2019 witnessed even higher sales of $23.9 billion.
12. In 2019, the US baby and young children’s apparel market was worth $27 billion.
This stat shows that Americans spend tremendous amounts of money to dress their children. The times of inheriting your older sibling’s clothes are long gone, baby clothing industry statistics show.
13. US Millennials spend a lot of money on clothes.
There are currently 73 million Millennials aged between 23 and 38 in the US. High earners among them invest a lot in their personal style when it comes to clothes.
14. Luxurious brands make 97% of the profits in the fashion industry.
(McKinsey & Company)
According to this clothing industry statistic, 20 luxurious brands make virtually all profits in the industry! Some of them are Nike, LMVH, Inditex, and ETC. These fashion titans have doubled their profits over the last ten years. In 2017, they generated a mind-blowing $2 billion each.
15. To resolve its problem with decreasing sales, Gap turned to its old label Old Navy to limit its sales fall by 1% instead of the predicted 3,58%.
(The Business of Fashion)
Gap has been experiencing a decrease in sales in the US. To revamp its brand name and soften the financial blow, Gap decided to promote its Old Navy brand, which offers inexpensive clothing for the whole family.
Additionally, they began collaborating with the clothing retail platform thredUp to come up with eco-friendly solutions for the environment. United States apparel industry statistics confirm that this move made Gap appealing to Millennials.
16. The GDP of nearly 130 poverty-stricken countries is equal to the amount of money US buyers spend on shoes, clothes, and jewelry.
This stat shows disturbing research results. The amount of money Americans spent on shoes, accessories, and clothing garments came to be equal to poor countries’ GDP, or just a bit larger than the size of the Italian economy.
17. In 2017, each person on the planet bought about 13 pieces of clothing and 2 pairs of shoes.
This stat shows that people squander money on clothes. They stack up piles of clothing garments, shoes, and accessories that they wear a couple of times before throwing them away.
Moreover, in 2016, around 107 billion pieces of clothing and 14.5 billion pairs of shoes were bought.
18. 80% of online buyers ordered physical goods, such as clothes, food, and electronics.
A recent clothing industry analysis revealed that eight out of ten consumers bought physical goods online. What’s more, 34% of online buyers purchased accommodation, holiday tickets, etc.
Additionally, 25% bought downloadable content or apps. Lastly, 16% of e-consumers ordered e-tickets for different events like concerts and football games or subscribed to different telecommunication services.
Apparel Industry Statistics and Clothing Brands
19. Nike, Levi’s, Old Navy, and Victoria’s Secret are among the ten most popular brands in the world.
Adidas, Levi’s, H&M, VS, Nike, Uniqlo, C&A, Ralph Lauren, Zara, and Old Navy are the most widely sold fashion brands in the world. The top clothing companies in the world account for 8% of worldwide clothing sales, which is around $105 billion per year.
20. From August 2018 to August 2019, Nike earned $39.1 billion.
Nike is a big shot in the global athletic wear market. In 2018, it was the most popular sportswear brand among American consumers. Nike is known as an overachiever that shoots ahead of its competitors, such as Adidas, Under Armour, and Puma.
21. According to athletic apparel industry statistics, sports clothing held 33% of the worldwide sports market in 2018.
The outdoor apparel industry statistics break down the sports market’s global share and trends by product categories in 2018. The results are not surprising given the rise of health and sports trends among consumers over the last ten years. 64% of American adults say they are wearing sports apparel on a daily basis.
22. With $32.4 billion, Nike was the highest-earning apparel brand in the world.
The biggest clothing company in the world, Nike, left behind other globally popular and best selling brands in 2019, such as Adidas, ZARA, and H&M.
In 2017, the picture was slightly different, though. Back then, manufacturing and design companies were the most popular brands with consumers. For example, TJX Companies ran the show, with $35.9 billion worth of sales.
23. Adidas and Nike had a combined revenue of approximately $64 billion in 2018/2019.
The two archenemies will compete for years to come. Although they face challenges from competitors such as Under Armor and Lululemon, their profits are still remarkable. There are enough customers for everyone, retail apparel industry statistics suggest. Indeed, there is a huge demand for both stylish and comfortable sports apparel to satisfy consumers’ active lifestyles.
24. In 2019, Zara generated $22,58 billion and became the second biggest apparel brand in the world.
Zara has a unique marketing and sales strategy. It limits the size of its collections to encourage consumers to shop while stocks last. Also, they don’t impose fashion trends on their consumers but send scouts to shopping centers and other shops to find out what customers want. And Zara’s original reversed strategy has had lucrative results, apparel industry statistics confirm.
25. In 2019, the Columbia Sportswear Company made $1.943 billion in sales in the US.
This figure showed steady growth from the $1.455 billion recorded in 2015. But in 2020, due to the COVID19 pandemic, this sports apparel chain had to close many stores in North America. Many employers encourage their workers to stay at home to prevent further contamination and virus spread.
26. In 2019, Hannesbrands made $4.66 billion in sales.
This basic apparel company globally employs 63,000 people and owns around 250 stores. It owns several other clothing names, including Champion, Playtex, Wonderbra, Silk Reflections, etc.
Hannesbrand is also famous for its environmental policies and green buildings. Hopefully, this type of apparel industry trends will become more popular with other fashion businesses.
27. In 2017, the Adidas and Reebok combined sales surpassed €21 billion.
The Adidas Group comprises of the Reebok and Adidas brands, and its profits have been growing steadily since 2013. In 2018, sales in the Asia-Pacific region generated €7,1 billion.
During the same year, €12,8 billion euros came from footwear sales.
28. In 2018 Reebok amassed around €1.69 billion in net sales.
This men’s and women’s apparel industry statistic by Statista traces the net sales of the Reebok brand worldwide from 2006 to 2018. Reebok has been a familiar sports apparel brand for 130 years now.
But did you know that Reebok manufactured the first pair of running shoes ever?
Here’s the thing:
The company came up with the idea that spikes would help runners run faster. Since 1890, it has been producing sports equipment, casual footwear, and fitness apparel.
29. Lululemon earned around $2.38 billion in 2018 from the US and Canadian markets combined.
Sports apparel industry statistics show that the same year Lululemon amassed a profit of $359.84 million outside of the North American market. Worldwide, in 2018, this yoga apparel brand generated around $3.3 billion in net revenue. Researchers predict that, by 2022, this company will reach an amazing $5.17 billion in total revenues.
30. In 2019, Levi Straus had a net revenue of $2.53 billion in the US.
When an immigrant from Bavaria came to San Francisco in the middle of the Gold Rush around 170 years ago, he came up with an idea to patent a more durable clothing garment that American workers could wear.
Ever since, people of all age groups, social backgrounds, and professions have been wearing denim. Nowadays, this blue-jeans manufacturer generates gigantic profits and has more than 500 stores in 100 countries worldwide.
31. Between 2016 and 2019, Under Armour’s profits fell by about 450 million.
In 2019, this sports apparel company amassed $3.39 billion. The same year, 69% of its total profits came from North America. To cut the costs, Under Armor lowered its US advertising budget to $366 million. Still, NBA stars such as Stephen Curry help to promote the brand significantly.
32. Fewer and fewer teenagers in Baltimore bought UA products in 2018.
According to fitness apparel industry statistics, Under Armour came second after Nike as the favorite sports brand for adult US consumers. Nevertheless, in Baltimore-based retail stores, the brand is losing teenage customers.
UA had only a 4,1% share of the US sports clothing market in 2018.
Women’s Clothing Industry Statistics and Shopping Habits
33. Female shoppers spend about $125K on clothes during their lifetime.
(Financial Best Life)
Women tend to take more care of their outfits than men. They go shopping more often and enjoy experimenting with different styles and brands. In today’s consumer society, it’s close to unacceptable to wear certain garments more than a couple of times. But looking sharp and trendy can cost a lot of money.
34. Women who are 55 or older will spend a bit under 100K during their lives on clothes.
(Prisoner of Class)
Most of this money will go on 150 bags, over 260 pairs of shoes, and close to 190 dresses. If we take a look at young women’s spending habits, those under the age of 25 will spend 200K on clothes at this tempo.
Ecology and Clothing Industry Statistics
35. $37.5 million worth of Burberry products get burned if they don’t sell.
Luxurious brands have a no-discount policy. So, if their high-fashion garments remain unsold, they would rather burn them. The previous statistic will no doubt leave many customers shocked.
36. In 2018, 44 million women in the US did second-hand shopping.
This figure shows a rise of nine million from 2016.
The thing is:
Buying hand-me-down goods can help with climate change issues. Thrift stores offer a great bargain on clothes that have never been worn. Additionally, you can buy luxury brands and couture at low prices.
37. The apparel industry worsens the global greenhouse gas emissions roughly by 10%with its overproduction.
The fact that fashion companies consume more energy than the shipping and aviation industry together is truly appalling. Their factories’ intensive manufacturing practices pollute the air and squander energy sources.
So, to honor the Paris Agreement on Climate Change, the fashion industry must reduce carbon emissions to pre-Industrial Revolution levels.
The detrimental clothing industry business practices must end.
38. Approximately 20% of worldwide wastewater comes from the fashion industry.
Fashion industry trends and practices have massively contributed to ocean pollution. The so-called fast fashion affects hazardous working conditions. Also, many companies reduce costs by implementing low wages and longer working hours.
39. To manufacture one pair of jeans, 10,000 liters of water need to be used to grow one kilo of cotton.
But one person could use and drink this amount of water for ten years. What a waste, huh?
Q: Is the apparel Industry Growing?
In 2017, researchers predicted the growth of the apparel industry market share by 5,46% compared to the year before. The industry was expected to witness a 6.2% growth rate in 2020.
Q: How big is the apparel industry?
The total worth of the apparel industry combined with the footwear market value of the total was $1.78 trillion.
The apparel industry in the US is the wealthiest in the world. In 2016, store-based retail profits were valued at roughly $292 billion. On a monthly basis, retail sales in apparel stores go over $15 billion.
Q: How much is the fashion industry worth?
The fashion industry is currently the most successful one. Over the last ten years until 2017, the profits increased by almost 6% each year. The same year, the fashion industry’s value was estimated to be $2.4 trillion. Fashion business will continue to bloom in the next two years. In 2019, the fashion industry will grow 3.5%-4.5% in profits, slightly below 2018 levels.
All things considered, the fashion industry statistics will be continuing their rise in the years to come. People will always want to leave an impression on their employers, partners, and friends or just look well-dressed for themselves.
So, chances are that they will continue to sbuy plenty of clothes, shoes, and jewelry for work, parties, exercise, etc. They will always try to look perfect for the occasion.
On the upside, apparel industry statistics confirm that the fashion industry provides jobs for millions of people worldwide. In this manner, the clothing industry contributes to the global economy immensely.
On the downside, the fashion industry needs to wake up and smell the coffee when it comes to the negative impact it leaves on climate change.