The global artificial intelligence in fashion market amounted to *** million U.S. dollars in 2018 and was expected to grow at a CAGR of **** percent during the forecast period from 2019 to 2027, to amount to *** billion U.S. dollars by 2027.
The revenue in the apparel market in the United Kingdom was forecast to continuously increase between 2025 and 2029 by in total 9.9 billion GBP (£) (+14.33 percent). After the seventh consecutive increasing year, the revenue is estimated to reach 78.96 billion GBP (£) and therefore a new peak in 2029. Find other key market indicators concerning the revenue growth and average price per unit (PPU).The Statista Market Insights cover a broad range of additional markets.
The revenue in the fashion e-commerce market in Asia was forecast to continuously increase between 2024 and 2029 by in total 175.3 billion U.S. dollars (+50.73 percent). After the sixth consecutive increasing year, the indicator is estimated to reach 520.9 billion U.S. dollars and therefore a new peak in 2029. Find more information concerning North America and Europe.The Statista Market Insights cover a broad range of additional markets.
The revenue in the fashion e-commerce market in Europe was forecast to continuously increase between 2024 and 2029 by in total 98.9 billion U.S. dollars (+57.27 percent). After the sixth consecutive increasing year, the indicator is estimated to reach 271.7 billion U.S. dollars and therefore a new peak in 2029. Find more information concerning Israel and North America.The Statista Market Insights cover a broad range of additional markets.
In 2018, the turnover of Italian fashion companies amounted to **** billion euros. Leather and footwear companies generated roughly **** billion euros, representing the second largest fashion industry in Italy. The turnover of eyewear companies added up to **** billion euros.
In 2024, the global e-commerce fashion industry is forecast to reach an overall market value of 781.5 billion U.S. dollars. According to estimates, the industry is expected to reach a value of over 1.6 trillion U.S. dollars by 2030.
This statistic displays the turnover share of the Italian fashion industry in Italy in 2018, broken down by ownership. According to the data, in 2018, Italian controlled companies accounted for **** percent of the turnover of the Italian fashion industry. During the same period, foreign controlled fashion companies accounted for **** percent of the total annual turnover of the sector.
The revenue in the fashion e-commerce market in North America was forecast to continuously increase between 2024 and 2029 by in total 114.7 billion U.S. dollars (+52.36 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 333.79 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the fashion e-commerce market was continuously increasing over the past years.Find more information concerning the Nordics and the United States.The Statista Market Insights cover a broad range of additional markets.
Over the last two observations, the revenue is forecast to significantly increase in all segments. As part of the positive trend, the revenue reaches the maximum value for all three different segments at the end of the comparison period. Particularly noteworthy is the segment Women's Apparel, which has the highest value of ****** billion U.S. dollars.
This statistic shows the clothing market demand in Taiwan from 2011 to 2013, including a forecast until 2018. In 2012, market demand of the Taiwan clothing market was approximately **** billion U.S. dollars.
In March 2025, the value of retail internet apparel sales in Great Britain increased when compared to the same month of the previous year. Monthly data indicated that the growth of textile, clothing, and footwear retail sales reached a six-year peak in April 2021, with an increase of about 86.6 percent.
The volume is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the volume achieve the maximum value across all three different segments by the end of the comparison period. Notably, the segment Women's Apparel stands out with the highest value of ****** million pieces.
Between January 2018 and December 2024, the monthly internet retail sales index of textiles, clothing and footwear products in Great Britain reached its four-years peak in December 2024, when sales index stood at 170.4. As of March 2025, the online sales of apparel reached over 103 index points.
The revenue is forecast to experience significant growth in all segments in 2029. As part of the positive trend, the revenue reaches the maximum value for all three different segments at the end of the comparison period. Particularly noteworthy is the segment Women's Apparel, which has the highest value of ****** billion U.S. dollars. Find further statistics on other topics such as a comparison of the average revenue per capita in Estonia and a comparison of the price per unit in the United Kingdom. The Statista Market Insights cover a broad range of additional markets.
In fiscal year 2023, the apparel market size was valued at over ************* Indian rupees in India. The market size of the apparel industry is likely to increase to over *********** Indian rupees by fiscal year 2027.
The compound annual growth rate of the apparel segment in the fashion market was estimated to be about **** percent from 2018 to 2023 across the country. The sportswear segment had the highest growth rate of over ** percent compounded annually in that year, in comparison to the other segments.
In 2023, the plus-size women's clothing store industry was estimated to be worth approximately **** billion U.S. dollars. This was an increase of over *** billion dollars from the value calculated for the same market in 2018.
The market demand for clothing in Malaysia was estimated to reach ************* U.S. dollars in 2018. This is in part fueled by demand from the growing middle-class with more disposable income to spend on consumer goods such as clothing. Malaysia’s clothing market demand is also fueled by the growth of the modest fashion industry.
Boom in modest fashion
In 2015, Muslim women globally spent ********** U.S. dollars on modest wear - clothing that is contemporary and fashionable, while still meeting the religious requirements for Muslim women. With ** percent of its population as of 2018 being Muslim, Malaysia is one of the biggest markets for modest fashion, not only as consumers and importers, but also as exporters. In 2017, Malaysia’s halal-conforming clothing exports to the Organization of Islamic Cooperation (OIC) countries amounted to **** percent of all apparel exports there. While this is a modest share, the rise of homegrown Malaysian modest wear designers, many of whom have showcased on renowned catwalks such as the London Fashion Week, helps to contribute to a positive outlook for the Malaysian clothing market.
In 2018, the luxury apparel market was valued at around ** billion euros. This market was forecast to reach a value of ** billion euros by 2022. The global personal luxury goods market was valued at approximately ****** billion euros in 2018.
In the United Kingdom, online apparel sales grew significantly as a result of the COVID-19 pandemic. In 2020, e-commerce accounted for ** percent of all apparel sales in the European country, almost ** percentage points higher than the previous year. While a slight decline was expected in 2021 as the nation adapted to the new normal, forecasts indicate that the online segment has come to stay and will continue to grow in the coming years.
The global artificial intelligence in fashion market amounted to *** million U.S. dollars in 2018 and was expected to grow at a CAGR of **** percent during the forecast period from 2019 to 2027, to amount to *** billion U.S. dollars by 2027.