In 2030, the revenue change is forecast to decrease in the apparel and acessories segments compared to the years prior. That same year, the footwear segment is forecast remain at *** percent after 2029. Find other insights concerning similar markets and segments, such as a comparison of number of users in Canada and a comparison of countries or regions regarding average revenue per user (ARPU).Statista Market Insights cover a broad range of additional markets.

📜 Dataset Overview

This dataset contains 3,400 records of fashion retail sales, capturing various details about customer purchases, including item details, purchase amounts, ratings, and payment methods. It is useful for analyzing customer buying behavior, product popularity, and payment preferences.

📂 Dataset Details

🔍 Key Insights

• The dataset contains 3,400 transactions.
• Missing values are present in:
  • Purchase Amount (USD): 650 missing values
  • Review Rating: 324 missing values
• Payment Method includes multiple categories, allowing analysis of payment trends.
• Date Purchase is in DD-MM-YYYY format, which can be useful for time-series analysis.
• The dataset can help analyze sales trends, customer preferences, and payment behaviors in the fashion retail industry.

📊 Potential Use Cases

• Sales Analysis: Understanding which fashion items are selling the most.
• Customer Insights: Analyzing purchase behaviors and spending patterns.
• Trend Forecasting: Identifying seasonal trends in fashion retail.
• Payment Method Preferences: Understanding how customers prefer to pay.

In 2024, The RealReal was the fashion company based on a circular business model that generated the highest revenue, with roughly ****million U.S. dollars. The RealReal’s financial figures The RealReal is an online marketplace where users can buy and sell authenticated luxury goods second-hand. As of 2023, The RealReal had generated gross merchandise value (GMV) of nearly *** billion U.S. dollars, of which ** percent was represented by women’s apparel. Rapidly growing in popularity, the platform’s app is downloaded by thousands each month. Second-hand shopping in the United States Over the past couple of years, sales of used merchandise stores have generally risen, consistently hitting the *** billion U.S. dollar-mark for each month of 2024. In the same year, ************ U.S. consumers shared that they wanted wearable but unwanted clothes to be reused, showing a supportive attitude towards second-hand clothing.

Recent economic fluctuations have bolstered revenue volatility for fashion designers. COVID-19 lockdowns in 2020 sharply reduced in-person retail demand, causing revenue to plummet. As restrictions eased and incomes rose with mass vaccination, spending on fashion designers rebounded, fueling substantial revenue growth in 2021 and 2022 and contributing to the modest climb in providers’ profit from 2020 to 2025. However, sky-high inflation in 2022 led the Federal Reserve to hike interest rates, dampening consumer confidence and discretionary spending, resulting in slower revenue growth in 2023 and 2024. With future interest rates uncertain, partly because of new tariffs, designers face continued market unpredictability and are likely to invest more in marketing to build customer loyalty. Meanwhile, sustainability has become crucial, with designers responding to rising consumer expectations for eco-friendly, ethical practices and gaining loyalty and revenue from these strategies. Digital tools and AI now drive efficiency and personalization, bolstering designers’ popularity. Overall, revenue for fashion designers in the US has soared at a CAGR of 8.6% over the past five years, reaching $4.4 billion in 2025. This includes a 2.1% gain in revenue in that year. Moving forward, fashion designers are expected to see positive but slower revenue growth. While rising disposable incomes and steady consumer spending will support demand, providers won’t enjoy pandemic-era surges, limiting companies’ expansion. The aging population will also constrain revenue, as fewer people will need professional attire because of a lower percentage of the population in the workforce. Recent tariff increases by the US on all countries’ imports, starting in April 2025, have stirred economic uncertainty, escalated manufacturing and retail costs and reduced disposable income. This has heightened the risk of recession and would likely dampen demand for designers’ services in 2025 and 2026. Regardless, collaborations with luxury designers and growing inclusivity, such as adaptive and size-inclusive lines, will expand designers’ market reach, with designers who prioritize accessibility benefiting most from evolving consumer expectations. Overall, revenue for fashion designers in the US is forecast to expand at a CAGR of 2.3% over the next five years, reaching $4.9 billion in 2025.

In 2024, German brick-and-mortar textile and clothing retail recorded no changes in revenue compared to the year before. The COVID-19 pandemic years, 2020 and 2021, saw massive decreases due to mobility restrictions imposed at the time.

In 2023, the year-on-year sales growth rate in the Spanish fashion industry further recovered from the stark decline it experienced in 2020. While 2021 still registered negative results, with ***** percent year-over-year growth in sales volume, in 2022 and 2023, numbers amounted to **** and *** percent. The fashion industry in Spain has fluctuated slightly since 2008, reaching peak YoY growth in 2022, with a **** percent change compared to the previous year. Provisional data indicates that 2024 sales figures will amount to slightly less than the previous year. In terms of apparel sales, Inditex is by far the largest fashion company by revenue contributing to Spain's fashion industry. Inditex: the Spanish fashion giant  The Spanish clothing multinational, and owner of brands like Zara and Pull & Bear, generated more than ** billion euros in 2022. This represents a notably higher turnover than other leading fashion retailers of the Mediterranean country, such as Mango or Tendam (Cortefiel). In fact, the fashion enterprise was positioned second on the list of leading apparel and accessories retailers in the world based on its sales, only outranked by the American TJX. Inditex, H&M, and Primark: leaders in fashion retailing in Spain  Inditex has been a leading force in Spain's fashion industry for over a decade at least, holding a market share of over ** percent in terms of main clothing brands in Spain in 2015. The Dublin-based clothing company Primark ranked second, with a market share of **** percent. In recent year, on the other hand, the leading clothing retailers Inditex, H&M, and Primark held a combined market share of ** percent in Spain.

Introduction

Fashion Industry Statistics:Â The fast Fashion industry has experienced exponential growth, producing approximately 100 billion garments annually. This surge in production has led to significant environmental consequences, with the industry responsible for about 10% of global carbon emissions, surpassing the combined emissions from international flights and maritime shipping. Additionally, it accounts for 20% of global wastewater, primarily due to dyeing and finishing processes

Water consumption in fashion is staggering; manufacturing a single cotton shirt requires around 700 gallons of water, while a pair of jeans demands approximately 2,000 gallons. Annually, the industry utilizes about 93 billion cubic meters of water, exacerbating water scarcity issues worldwide.

Waste generation is another pressing concern. Out of the 100 billion garments produced each year, 92 million tonnes end up in landfills, equating to a truckload of textiles discarded every second. Moreover, over 50% of fast fashion items are disposed of within a year of purchase, highlighting the industry's contribution to the throwaway culture

Social implications are equally alarming. The fashion sector employs over 80 million workers globally, many of whom are young women from impoverished backgrounds. Reports have surfaced of laborers working up to 75 hours a week for as little as one cent per garment, underscoring the exploitation prevalent in the industry.

These statistics illuminate the profound environmental and social impacts of fast fashion, emphasizing the urgent need for more sustainable practices within the industry. However, sales technology is having a huge impact on customer behavior across the globe. In this article, we shed more light on the fashion industry statistics.

According to Cognitive Market Research, the global Fashion Apparel market size was USD 1758425.20 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 703370.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 527527.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 40437.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 87921.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 35168.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Formal Wear category is the fastest growing segment of the Fashion Apparel industry

Market Dynamics of Fashion Apparel Market

Key Drivers for Fashion Apparel Market

Increased digitalization and the rise of e-commerce as a growth driver: Expansion of online retail with the rise of ecommerce platforms like Amazon, Shein, Urbanic, Myntra and ASOS has significantly boosted the accessibility to fashion apparel. Such platforms offer consumers the ability to shop from anywhere at any time, while offering 24/7 availability and home delivery. The growing number of internet users and smartphone owners, particularly in developing economies, is driving the large-scale adoption of ecommerce platforms. Digitalization driven by technological advancements have enables more personalized shopping experiences, through AI-driven recommendations, virtual try-ons and targeted marketing enhancing customer engagement. Mobile commerce and app-based shopping are on the rise, driven by the widespread use of smartphones and mobile payment systems. Brands are leveraging these trends and investing in mobile-optimized interfaces and personalized app experience to drive better engagement. Almost every key player in the market, has a mobile based shopping application of its own, with the latest features. Emerging markets, particularly in the Asia-Pacific region like China & India, are witnessing a surge in user across online fashion shopping apps.

Key Restraint for Fashion Apparel Market

Rising environmental concerns and pressure on sustainability will limit growth: The growing concerns around sustainability and environmental impact of fast fashion has been a restraining factor, challenging the growth of the fashion apparel market. The industry has a significant environmental footprint. Fast fashion production also contributes heavily to pollution, waste and excessive water usage. This leads to widespread criticism from consumers, governments and environmental organizations. Consumers are increasingly prioritizing-friendly and more ethical choices, pushing brands to adopt sustainable practices. The increased awareness drives demand towards sustainable and ethical brands, leading to a notable shift in consumer behavior. Consumers today are more likely to opt for products made from recyclable materials, organic fibers and those produced with ethical labor practices. Fast fashion, which comprises of a significant portion of the fashion apparel market worldwide most often leads to overproduction and waste, which contradicts such sustainability goals. Governments and regulators across regions are imposing stricter sustainability regulations, furthering restricting growth opportunities in the market.

Key Trend for Fashion Apparel Market

The increasing digitalization and expansion of e-commerce are propelling market growth: The fashion apparel sector is experiencing significant momentum due to the rise of digitalization and the swift growth of e-commerce platforms. Consumers now benefit from unparalleled convenience, access to a wider range of styles, and tailored shopping experiences facilitated by AI-driven suggestions and virtual fitting options. Social media channels and influencer-led initiatives are crucial in enhancing fashion awareness and in...

The Online Women's Clothing Sales industry has surged in recent years, riding on the broader wave of growth in the e-commerce sector. An increasing number of consumers are embracing online shopping, moving away from traditional brick-and-mortar stores. This shift has been underpinned by growing comfort levels with digital platforms and favorable economic conditions, such as rising disposable income and consumer spending, all of which have contributed to a robust expansion in online sales. The industry's revenue has grown at a CAGR of 2.9% over the past five years and is expected to total $61.8 billion in 2025, when revenue will climb by an estimated 2.8%. The advent of smartphones and improved internet connectivity has brought digital shopping closer to consumers, resulting in a significant climb in sales. Also, social media penetration has opened up new avenues for online retailers to target their audience with personalized marketing strategies; this, combined with an increasingly fashion-conscious female population, has driven online clothing sales. However, the landscape has become more competitive, with traditional retailers venturing into the online space to recapture their market share. This shift has primarily been driven by low entry barriers, leading to an increase in the number of new companies entering the market. Consequently, intensified price competition and rising operational costs have compressed profit, with industry profitability declining as retailers prioritize market share over sustainable earnings. The industry will continue its upward trajectory. One of the drivers for this growth will be the advent of new technologies like Augmented Reality (AR), Virtual Reality (VR) and Artificial Intelligence (AI), which will revolutionize online shopping by providing immersive and personalized experiences to consumers. Nonetheless, the industry must grapple with challenges associated with sustainability demands, data privacy issues and the continuous inflow of new companies, which will inevitably intensify competition. To remain competitive, online retailers will need to employ more sophisticated marketing strategies and prioritize providing an exceptional shopping experience for consumers. Over the next five years, revenue will hike at a CAGR of 2.5% to reach an estimated $69.8 billion in 2030.

Snapshot img

India Online Fashion Retail Market Size 2025-2029

The India online fashion retail market size is forecast to increase by USD 36.01 billion, at a CAGR of 22.2% between 2024 and 2029.

Major Market Trends & Insights

By Product - Apparel segment was valued at USD 8.26 billion in 2022
By Gender - Women segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 314.31 billion
Market Future Opportunities: USD 36.01 billion 
CAGR : 22.2%

Market Summary

The market has witnessed significant growth, fueled by the increasing adoption of digital technologies and the rise in internet and smartphone penetration. According to recent reports, India's online fashion market is projected to reach USD 35 billion by 2025, growing at a steady pace. This expansion is driven by the convenience and accessibility offered by e-commerce platforms, which allow consumers to shop from the comfort of their homes. Moreover, the presence of various payment options, including credit/debit cards, digital wallets, and cash on delivery, has further boosted the market's growth. In contrast, traditional brick-and-mortar stores face challenges such as high rental costs and limited product offerings, making e-commerce an attractive alternative.
The fashion industry's online segment includes various categories, such as apparel, footwear, and accessories, with apparel being the largest and fastest-growing segment. As the market continues to evolve, we can expect to see increased competition, innovative marketing strategies, and personalized shopping experiences.

What will be the size of the India Online Fashion Retail Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

The market exhibits a significant presence in the country's burgeoning e-commerce sector. According to recent estimates, the market currently accounts for over 3% of India's total retail sector, with a growth rate of approximately 25% year-on-year. Looking forward, this figure is projected to reach nearly 5% by 2025. A comparison of key performance indicators reveals that online fashion retailers in India have achieved impressive customer engagement. For instance, the average customer lifetime value stands at INR 25,000, while the conversion rate for mobile commerce reaches 35%. Furthermore, the market's growth is driven by factors such as increasing internet penetration, improving digital infrastructure, and the rising popularity of social commerce.
In terms of competition, players in the online fashion retail space continue to invest in various strategies to differentiate themselves. These include website traffic analysis, customer segmentation models, and personalization algorithms, among others. Despite challenges such as payment processing fees, e-commerce logistics, and returns and exchanges, the market's potential for growth remains strong. In conclusion, the market presents a compelling opportunity for businesses looking to expand their reach and capitalize on the country's growing digital economy. With a projected growth rate of 25% year-on-year and a customer lifetime value of INR 25,000, the market's potential for revenue generation is significant.
Furthermore, the increasing popularity of mobile commerce and social commerce trends underscores the importance of a robust digital presence for fashion retailers.

How is this India Online Fashion Retail Market segmented?

The online fashion retail in India industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Apparel
  Footwear
  Bags and accessories


Gender

  Women
  Men
  Children


Price Range

  Economy
  Mid-Range
  Premium


Platform

  Mobile Apps
  Web Portals


Geography

  APAC

    India

By Product Insights

The apparel segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving online fashion retail landscape in India, the apparel segment experiences consistent growth. Consumers prioritize fashionable and comfortable clothing, driving retailers to cater to diverse consumer segments. The market encompasses a wide range of clothing categories for men, women, children, and infants. Top wear apparel, including tops, blouses, dresses, casual shirts, formal shirts, T-shirts, sweaters, sweatshirts, tank tops, and vests, currently accounts for a significant market share. Meanwhile, bottom wear, consisting of trousers, jeans, jeggings, pants, shorts, and skirts, also experiences steady demand. Intimates and sleepwear, such as pajamas, bathrobes, shapewear, slips, socks, underwear, and briefs, are essential categories that cater to consumers' daily needs.

Children's and inf

Dataset Description

The Clothing Sales Data - January 2021 to December 2023 dataset provides an extensive record of daily sales for Clothing products over a period of nearly three years, spanning from January 2021 to December 2023. This dataset is a valuable resource for retail and market analysis, allowing businesses to gain insights into product performance, trends, and customer preferences over this extended timeframe.

Key Information

Date: Each entry includes the date of the sale. Product_ID: A unique identifier for each product. Product_Name: The name of the Clothing product sold. Category: The category to which the product belongs (e.g., T-Shirts, Jeans, Dresses, Shoes). Quantity: The quantity of each product sold on the specified date. Use Cases:

Historical Sales Analysis: Businesses can analyse sales trends over the nearly three-year period, identifying seasonality, growth patterns, and shifts in customer preferences.

Inventory Management: The dataset can aid in optimising inventory levels over an extended period, ensuring that popular products are consistently stocked and less popular ones are managed efficiently.

Long-term Demand Forecasting: Data from this dataset can be used for long-term demand forecasting, allowing businesses to plan for future sales and inventory needs.

Marketing Strategies: Insights from this dataset can inform long-term marketing strategies, helping businesses tailor promotions, product launches, and advertisements to historical customer preferences.

Market Basket Analysis: By analysing product combinations purchased together over an extended time frame, businesses can uncover consistent patterns and optimise product placement.

Customer Behaviour: Understanding long-term customer preferences and buying patterns is essential for enhancing the overall customer experience and tailoring offerings to meet evolving demands.

This dataset offers a comprehensive view of Clothing's sales history and provides a solid foundation for businesses looking to make data-driven decisions and improve their operations within the retail sector, encompassing a range of market conditions and seasons over a multi-year span.

In 2024, roughly ***** billion euros were generated from clothing and shoe sales online, a slight increase compared to the previous year, at ***** billion euros. Revenue peaked in 2021 at almost ** billion euros.

China Leather Clothing: Profit from Sales Revenue: Year to Date data was reported at 10.699 RMB bn in Oct 2015. This records an increase from the previous number of 9.514 RMB bn for Sep 2015. China Leather Clothing: Profit from Sales Revenue: Year to Date data is updated monthly, averaging 3.930 RMB bn from Dec 1998 (Median) to Oct 2015, with 88 observations. The data reached an all-time high of 13.032 RMB bn in Dec 2013 and a record low of 0.342 RMB bn in Feb 2008. China Leather Clothing: Profit from Sales Revenue: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BIG: Leather Product: Leather Clothing.

Asia Pacific Fashion market size was USD 170777.81 million in 2024 and will expand at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

Market Size, Revenue, Share, Major Players, Segmentation, and Future Outlook Across Key Sectors Base Year : 2024

This statistic shows the revenue of the leading clothing and accessories retailers worldwide in their respective 2022 financial years. In that period, Inditex was the leading global clothing and accessories retailer with a revenue that amounted to about ***** billion euros. H&M ranked second with a revenue of approximately **** billion euros.

The revenue change in the fashion e-commerce market in the United States was forecast to decrease between 2024 and 2029 by in total *** percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the indicator will have decreased for the third consecutive year to **** percent. Find more information concerning the Nordics and Israel.The Statista Market Insights cover a broad range of additional markets.

In the fashion market worldwide in 2024, the apparel segment generated the highest revenue, reaching approximately 457.23 billion U.S. dollars. The accessories segment ranked second with around 185.6 billion U.S. dollars, while footwear followed with about 128.06 billion U.S. dollars.

The revenue in the apparel market worldwide was modeled to stand at ************* U.S. dollars in 2024. Between 2018 and 2024, the revenue rose by *********** U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by *********** U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Apparel.

In financial year 2025, the sports and outdoor fashion company, JD Sports Fashion Plc, generated the majority of its profit through its JD brand, which is the group's number one priority. The JD brand generated about *** billion pounds. The group's sporting goods and outdoors segment, which focuses on specialist apparel, footwear and technical products, generated about *** billion pounds.