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TwitterIt was estimated in 2017, that the apparel market grew by approximately **** percent compared to the previous year. Further growth was forecast for the following years, with a peak growth rate of around *** percent expected in 2020. The United States and China have the largest apparel markets in the world in terms of revenue. Apparel & footwear market H&M is one of the largest and most recognizable apparel brands worldwide. In 2017, H&M held the third largest market share within the global apparel and footwear market, with a share of *** percent. The apparel and footwear market is quite a fragmented market due to its highly competitive and saturated nature, meaning that no one company holds a large portion of the whole market. The global apparel and footwear market had retail sales of around *** trillion U.S. dollars in 2017. Leading apparel companies Adidas was the third most valuable apparel brand in the world, valued at approximately ***billion U.S. dollars in 2019. Nike, ZARA, and H&M are some of the other most valuable apparel brands worldwide. When it comes to retail sales, the picture is slightly different as many of the biggest apparel brands design and manufacture clothing as opposed to focusing on the retail side of the industry. TJX Companies, Inditex, and H&M were the leading apparel retailers in the world in 2017. Inditex, whose brands include ZARA and Bershka, had sales of around **** billion U.S. dollars that year.
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TwitterThe most important thing that apparel shoppers in the United States look for when purchasing clothing and footwear is the price of the product, according to a 2023 survey. This was followed by ratings and reviews and then, with a considerably lower share of responses, images provided by people who had previously purchased the product.
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TwitterThis statistic depicts apparel market size projections from 2012 to 2025, by region. The United States' apparel market is expected to grow from *** billion U.S. dollars in 2015 to *** billion U.S. dollars in 2025; a CAGR of two percent.Apparel IndustryDespite the current global economic downturn, the global apparel industry continues to grow at a healthy rate and this, coupled with the absence of switching costs for consumers and great product differentiation, means that rivalry within the industry is no more than moderate. The apparel industry is of great importance to the economy in terms of trade, employment, investment and revenue all over the world. This particular industry has short product life cycles, vast product differentiation and is characterized by great pace of demand change coupled with rather long and inflexible supply processes.Even well-established brands have to work hard to maintain their share of the market. Consumers are demanding more versatile wear with wider functionality, which means retailers continue producing new styles of apparel for men and women.Apparel remains largely a discretionary purchase compared to other consumer goods, making it more prone to economic shocks. The global apparel market has been shaped by three contrasting regional movements - robust growth in emerging markets, fragile recovery in the United States, and a sharp slowdown in Western Europe. During 2015, retail sales at clothing and accessories stores in the United States totaled approximately *** billion U.S. dollars; up from ****** billion U.S. dollars the previous year. Apparel retailing has always been a tough, highly competitive business, and many chains rise dramatically and then fail as price pressure from major discounters like Wal-Mart, Target and Kohl's keep profit margins thin at stores that sell moderately priced apparel.The global apparel market is always changing, attempting to adapt to customer trends and new technology that will allow the consumers shopping experience to be more enjoyable and ergonomic.
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US Online Fashion Retail Market Size 2025-2029
The us online fashion retail market size is forecast to increase by USD 303.9 billion at a CAGR of 15.6% between 2024 and 2029.
The Online Fashion Retail Market in the US is experiencing significant growth, driven by the rising trend of online shopping and the increasing popularity of sports apparel and footwear. Consumers are increasingly turning to the convenience and accessibility of online platforms to meet their fashion needs. The sports apparel and footwear industry's growth is further fueling market expansion, as consumers seek out the latest trends and styles in athletic wear. However, this market is not without challenges. Security and privacy concerns related to consumer data have emerged as a significant obstacle. With the increasing amount of personal information being shared online, retailers must prioritize data protection and privacy to maintain consumer trust. Failure to do so could result in reputational damage and lost sales. Retailers must invest in robust cybersecurity measures and transparent data handling practices to mitigate these risks and capitalize on the market's potential.
What will be the size of the US Online Fashion Retail Market during the forecast period?
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In the dynamic US online fashion retail market, high-end fashion brands are embracing e-commerce optimization, leveraging data analytics tools to personalize shopping experiences and boost sales. Blockchain technology is revolutionizing the industry by ensuring supply chain transparency and ethical production, resonating with consumers' growing demand for sustainable sourcing. Resale platforms and second-hand clothing are gaining traction, as unisex fashion and body positivity continue to influence purchasing decisions. Performance marketing, affiliate marketing, and social commerce are key strategies driving growth, with fashion photography and fashion blogging shaping consumer trends. Brands prioritize customer data privacy while implementing customer loyalty programs and subscription services. Trend analysis, size inclusivity, and fashion forecasting are essential components of successful digital marketing automation. Luxury goods and vintage fashion are thriving, with mobile wallet integration streamlining transactions. Omnichannel retail, fashion journalism, fashion styling, and live streaming are shaping the future of the industry.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userWomenMenKidsProductApparelFootwearsBags and accessoriesTypeMass marketPremiumLuxuryPlatformMobile AppsWeb PortalsPrice RangeEconomyMid-RangePremiumGeographyNorth AmericaUS
By End-user Insights
The women segment is estimated to witness significant growth during the forecast period.
The online fashion retail market in the US is experiencing significant growth, driven by several key trends and factors. Product reviews and customer satisfaction play a crucial role in influencing purchasing decisions, with consumers relying on authentic feedback to make informed choices. Influencer marketing is also a major force, as fashion influencers and celebrities shape trends and promote products through social media channels. Virtual reality and augmented reality technologies are transforming the shopping experience, allowing customers to virtually try on clothes and visualize how they would look. Big data and recommendation algorithms are being leveraged to personalize shopping experiences, while trend forecasting ensures that retailers stay ahead of the curve. Content marketing, machine learning, and data analytics are essential tools for fashion brands, helping them to understand customer preferences and tailor their offerings accordingly. Textile suppliers and apparel manufacturers are integrating sustainable practices to cater to the growing demand for eco-friendly fashion. Mobile commerce and mobile app development are critical for reaching customers on the go, with mobile responsiveness and user interface design key considerations. Conversion rate optimization, data security, and payment gateways are essential for ensuring a seamless shopping experience. Customer service, inventory management, order fulfillment, and shipping logistics are all crucial components of a successful online fashion retail business. Social media marketing, email marketing, and fashion designers collaborations are effective strategies for reaching and engaging customers. Size and fit, fast fashion, and formal wear are popular categories, with quality control and brand loyalty key differentiators.
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Apparel Market Size 2025-2029
The apparel market size is valued to increase USD 707.4 billion, at a CAGR of 7.1% from 2024 to 2029. Sustainability and ethical practices will drive the apparel market.
Major Market Trends & Insights
APAC dominated the market and accounted for a 44% growth during the forecast period.
By End-user - Women segment was valued at USD 686.90 billion in 2023
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2023
Market Size & Forecast
Market Opportunities: USD 68.66 billion
Market Future Opportunities: USD 707.40 billion
CAGR : 7.1%
APAC: Largest market in 2023
Market Summary
The market encompasses a dynamic and ever-evolving industry, driven by advancements in core technologies and applications, as well as shifting consumer preferences. Technological innovations, such as augmented reality and virtual fitting rooms, are revolutionizing the shopping experience, offering personalized and interactive solutions for customers. Additionally, the growing adoption of sustainable and ethical practices is becoming a significant market trend, with an increasing number of brands prioritizing eco-friendly materials and ethical labor practices. The service types and product categories within the market are also expanding, with a focus on customization and personalization. Online penetration continues to grow, with local and unorganized players increasingly entering the digital marketplace.
According to recent data, e-commerce sales in the fashion industry are projected to account for over 30% of total sales by 2025. Regulations and regional mentions also play a crucial role in shaping the market, with varying regulations and consumer preferences influencing market dynamics across different regions. Overall, the market presents numerous opportunities for growth and innovation, as well as challenges that require strategic planning and adaptation.
What will be the Size of the Apparel Market during the forecast period?
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How is the Apparel Market Segmented and what are the key trends of market segmentation?
The apparel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
End-user
Women
Men
Children
Distribution Channel
Offline
Online
Type
Mass
Premium
Luxury
Wear Type
Casual Wear
Formal Wear
Sportswear
Sleepwear
Geography
North America
US
Canada
Europe
France
Germany
UK
APAC
Australia
China
India
Japan
South Korea
Rest of World (ROW)
By End-user Insights
The women segment is estimated to witness significant growth during the forecast period.
The market is experiencing significant growth and transformation, with key trends shaping its evolution. Currently, the women's segment holds the largest market share, driven by changing fashion trends, increasing purchasing power, and evolving lifestyles. Fashion trends continuously evolve, with women often leading the way in adopting new styles and designs, resulting in a persistent demand for new clothing items, accessories, and footwear. Moreover, the apparel industry is focusing on various initiatives to reduce water consumption, implement ethical sourcing practices, and enhance customer relationship management. Quality control systems, virtual fitting technologies, and supply chain management are crucial aspects of the industry's ongoing improvements.
Product assortment planning, energy efficiency improvements, and wearable sensor integration are also gaining traction, with material traceability systems, apparel design software, and 3D garment design becoming essential tools. In the realm of sustainability, there is a growing emphasis on sustainable textiles, digital textile printing, circular economy models, and inventory management. Fabric dyeing, garment manufacturing, labor standards compliance, textile printing methods, product lifecycle management, automated cutting systems, e-commerce platforms, and pattern cutting techniques are all undergoing advancements to meet the evolving needs of consumers and businesses. Furthermore, the industry is exploring innovations such as smart clothing technology, sales analytics, computer-aided design, and textile recycling processes.
These advancements are expected to drive future growth, with industry experts anticipating a 15% increase in demand for adaptive clothing solutions and a 12% rise in the adoption of computer-aided manufacturing technologies. In conclusion, the market is a dynamic and ever-evolving industry, with continuous innovation and improvement shaping its future. The focus on sustainability, cus
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Global Fashion Retail Market Size Was Worth USD 91.25 Billion in 2023 and Is Expected To Reach USD 157.88 Billion by 2032, CAGR of 7.09%.
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Graph and download economic data for Producer Price Index by Industry: Clothing and Clothing Accessories Retailers (PCU448448) from Dec 2003 to Sep 2025 about apparel, PPI, industry, inflation, price index, indexes, price, and USA.
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Apparel Market size was valued at around USD 1.34 trillion in 2023 & is projected to reach around USD 1.78 trillion by 2030, at 4.3% CAGR (2025-30).
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The Global Fast Fashion Market Size Was Worth USD 148.40 Billion in 2024 and Is Expected To Reach USD 179.50 Billion by 2034, CAGR of 14.56%.
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Smart clothing market size was worth around USD 3.76 billion in 2023 and is predicted to grow to around USD 31.26 billion by 2032
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China Number of Employee: Garment & Apparel data was reported at 1,969.000 Person th in Oct 2025. This records a decrease from the previous number of 1,986.000 Person th for Sep 2025. China Number of Employee: Garment & Apparel data is updated monthly, averaging 2,559.000 Person th from Jan 2012 (Median) to Oct 2025, with 131 observations. The data reached an all-time high of 4,621.900 Person th in Dec 2014 and a record low of 1,969.000 Person th in Oct 2025. China Number of Employee: Garment & Apparel 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.BIF: Garment and Apparel.
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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.
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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
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Explore the statistics for Apparel eCommerce in 2025, including store count by region and platform, estimated sales amount by platform and region, products sold by platform and region, and total app spend by platform and region. Gain insights into regional preferences, market penetration, consumer trends, and technological investments within the Apparel sector. Discover the leading regions and platforms, as well as the dynamics of sales and product volumes. Stay informed about the evolving landscape of Apparel online stores for a comprehensive understanding of the market.
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According to Cognitive Market Research, The Global Second Hand Apparel market size will be USD 152.5 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 15.20% from 2023 to 2030.
The market's increasing demand for worn clothes is mostly caused by people's rising acceptance of them because it is more affordable and of greater quality than new.
Demand for dresses & tops remains higher in the secondhand apparel market.
The women's end-user category held the highest secondhand apparel market revenue share in 2023.
Asia Pacific will continue to lead, whereas the North American secondhand apparel market will experience the fastest growth until 2030.
Market Dynamics of the Secondhand Apparel Market
Key Drivers of Second Hand Apparel Market
Increasing Online Buying Behavior will Rise Demand in Secondhand Apparel Market
Increased consumer demand is driving the peer-to-peer trading of common clothes on contemporary digital platforms such as Tradesy and Poshmark, and digital resale is quickly becoming the next big thing in fashion. The market for secondhand apparel is large. Resellers are looking for direct collaborations and commercial alliances in order to replace existing luxury brand distribution platforms. For example, The RealReal and the Vestiaire Collective offer a digital marketplace where consumers can buy and sell luxury consignment brands like Hermes, Chanel, and Louis Vuitton. Manufacturers are using online platforms more and more to reach a wider audience and increase sales.
More and more people are transacting online due to the internet's rapid increase in access and usage, with over five billion users globally. In 2022, it is anticipated that global retail e-commerce sales will surpass 5.7 trillion USD, and in the following years, it is anticipated that this amount will rise to unprecedented levels.
In a similar vein, customers may now purchase a range of used apparel items from the comfort of their homes thanks to the availability of these items on online marketplaces. This is expected to boost the secondhand apparel sector during the projection period significantly.
High Demand for Sustainable Clothing to Expand Global Secondhand Apparel Market Size
Customers are becoming more aware of their electronic waste footprint as environmental worries develop. The market for secondhand apparel is driven by consumers' growing inclination and understanding of sustainable product options.
Consumers were willing to spend up to 24 percent extra on average in 2022 for products made sustainably around the world. Spending more was not surprising among individuals with greater earnings than among those with average or lower incomes.
More and more people are realising the benefits of buying secondhand apparel. This is a result of increased public awareness of the benefits of buying secondhand apparel for resource conservation, reducing environmental pollution, and boosting the local economy. The fashion industry is responsible for almost 10% of global carbon emissions. Secondhand apparel catalyzed the sustainable fashion movement, which has reduced pollution, climate change, and unethical work practices.
The Growth of Social Media Platforms Fuels the Secondhand Apparel Market
Key Restraints of Second Hand Apparel Market
Hygiene Concerns to Hinder Market Growth
When buying used clothing, hygiene concerns can be a valid factor. There are always some hygiene concerns to be mindful of, even though many consignment shops and vendors take precautions to clean and sanitize goods before they are resold. You run a small chance of developing skin disorders like rashes or irritations if you come into contact with improperly washed clothing. When trying products in-store, this is more of a concern, particularly if the item has come into contact with a former owner who has a skin issue. Particularly when it comes to hygiene, shoes might be an issue. They come into close touch with feet and may carry foot-related conditions like fungal infections or athlete's foot.
Impact of COVID–19 on the Secondhand Apparel Market
Nearly every business in the globe has experienced a setback during the pandemic. This is because several precautionary lockdowns and other limitations put in place by governing bodies all over the world resulted in major disruptions to their respective supply chains and produ...
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According to Cognitive Market Research, the global custom clothing market is USD 50215.20 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.80% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 20086.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 15064.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 11549.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.8% from 2024 to 2031.
Latin America's market will have more than 5% of the global revenue with a market size of USD 2510.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 1004.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Screen printing held the highest custom clothing market revenue share in 2024.
Market Dynamics of Custom Clothing Market
Key Drivers of Custom Clothing Market
Growing Demand for Eco-Friendly Practices in Fashion Drives Market Growth
The custom clothing market is experiencing a significant boost due to the growing demand for eco-friendly practices in the fashion industry. Consumers are increasingly conscious of the environmental impact of fast fashion and are seeking more sustainable alternatives. Custom clothing offers a solution by allowing individuals to choose ethically sourced materials, minimize waste through made-to-order production, and support local artisans or manufacturers who prioritize eco-friendly practices.
Moreover, custom clothing enables customers to align their values with their purchases by selecting environmentally friendly materials such as organic cotton, recycled fabrics, or plant-based alternatives. This shift towards sustainability benefits the planet and fosters a deeper connection between consumers and their clothing, leading to increased loyalty and satisfaction within the custom clothing market. As awareness of environmental issues continues to grow, custom clothing stands at the forefront of the fashion industry's evolution towards more sustainable and responsible practices, driving further market growth in the years to come.
Embracing Diversity and Heritage in Fashion Choices to Propel Market Growth
Embracing diversity and heritage in fashion choices has emerged as a significant driver propelling growth in the custom clothing market. Consumers increasingly value cultural authenticity and inclusivity, so there's a rising demand for garments that reflect diverse backgrounds and traditions. This shift has led to the popularity of custom clothing brands celebrating various cultural identities, offering designs inspired by traditional attire and motifs worldwide.
Furthermore, this trend drives sales and fosters a sense of community and empowerment among consumers. By embracing their heritage through fashion, individuals express pride in their roots and heritage, contributing to a more inclusive and culturally rich fashion landscape. Custom clothing brands prioritizing diversity and cultural appreciation are poised to thrive as they resonate with the values and aspirations of today's globalized consumers, driving continued growth in the custom clothing market.
Restraint Factors of Custom Clothing Market
Longer Lead Times Due To Individualized Production Processes Hamper Market Growth
Longer lead times resulting from individualized production processes pose a significant challenge to the growth of the custom clothing market. Unlike mass-produced garments, custom clothing requires meticulous attention to detail and unique specifications for each order, leading to extended production timelines. This delay can deter some consumers who seek instant gratification and quick turnaround times when making fashion purchases, potentially impacting the market's overall expansion.
Moreover, prolonged lead times may also hinder the ability of custom clothing brands to adapt swiftly to changing fashion trends and consumer preferences. In an industry characterized by rapid shifts in style and demand, the inability to respond promptly ca...
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The global women apparel market size was valued at USD 1,035.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,372.7 Billion by 2033, exhibiting a CAGR of 3.2% during 2025-2033. Europe currently dominates the market, holding a significant market share of 39.8% in 2024. The market is fueled by growing disposable incomes, rapidly evolving fashion trends, and increasing online retail penetration. Greater social media influence and celebrity endorsements, rising demand for inclusive sizing and diverse fashion representation and growing working women population propels demand for flexible, fashionable apparel that can be worn both in and out of the workplace, while seasonal collections and continuous trend cycles also help maintain consumer interest which increases the women apparel market share.
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Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2024
|
|
Forecast Years
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2025-2033
|
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Historical Years
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2019-2024
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Market Size in 2024
| USD 1,035.2 Billion |
|
Market Forecast in 2033
| USD 1,372.7 Billion |
| Market Growth Rate 2025-2033 | 3.2% |
IMARC Group provides an analysis of the key trends in each segment of the global women apparel market, along with forecasts at the global, regional, and country levels from 2025-2033. The market has been categorized based on product type, season, and distribution channel.
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The Thailand Textile Industry report segments the industry into By Application (Clothing Application, Industrial/Technical Application, Household Application), By Material Type (Cotton, Jute, Silk, Synthetics, Wool, Other Material Types), and By Process (Woven, Non-woven). Get five years of historical data alongside five-year market forecasts.
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With access to over 700 million verified global profiles and 130 million profiles focused on Asia, Success.ai ensures your outreach, marketing, and business development strategies are supported by accurate, continuously updated, and AI-validated data. Backed by our Best Price Guarantee, this solution positions you to succeed in Asia’s competitive and ever-growing fashion markets.
Why Choose Success.ai’s Fashion & Apparel Data?
Verified Contact Data for Precision Outreach
Comprehensive Coverage of Asian Fashion Professionals
Continuously Updated Datasets
Ethical and Compliant
Data Highlights:
Key Features of the Dataset:
Comprehensive Professional Profiles
Advanced Filters for Precision Campaigns
Industry and Regional Insights
AI-Driven Enrichment
Strategic Use Cases:
Marketing Campaigns and Brand Expansion
Product Development and Consumer Insights
Partnership Development and Retail Collaboration
Market Research and Competitive Analysis
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China Garment & Apparel: Sales Revenue: Year to Date data was reported at 1,710,657.220 RMB mn in Dec 2018. This records an increase from the previous number of 1,570,886.570 RMB mn for Nov 2018. China Garment & Apparel: Sales Revenue: Year to Date data is updated monthly, averaging 1,029,087.552 RMB mn from Jan 2012 (Median) to Dec 2018, with 84 observations. The data reached an all-time high of 2,360,509.090 RMB mn in Dec 2016 and a record low of 215,115.794 RMB mn in Feb 2012. China Garment & Apparel: Sales Revenue: Year to Date data remains active status in CEIC and is reported by China Textile Industry Association. The data is categorized under China Premium Database’s Textile Sector – Table CN.RSC: Textile Industry: Garment and Apparel.
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TwitterIt was estimated in 2017, that the apparel market grew by approximately **** percent compared to the previous year. Further growth was forecast for the following years, with a peak growth rate of around *** percent expected in 2020. The United States and China have the largest apparel markets in the world in terms of revenue. Apparel & footwear market H&M is one of the largest and most recognizable apparel brands worldwide. In 2017, H&M held the third largest market share within the global apparel and footwear market, with a share of *** percent. The apparel and footwear market is quite a fragmented market due to its highly competitive and saturated nature, meaning that no one company holds a large portion of the whole market. The global apparel and footwear market had retail sales of around *** trillion U.S. dollars in 2017. Leading apparel companies Adidas was the third most valuable apparel brand in the world, valued at approximately ***billion U.S. dollars in 2019. Nike, ZARA, and H&M are some of the other most valuable apparel brands worldwide. When it comes to retail sales, the picture is slightly different as many of the biggest apparel brands design and manufacture clothing as opposed to focusing on the retail side of the industry. TJX Companies, Inditex, and H&M were the leading apparel retailers in the world in 2017. Inditex, whose brands include ZARA and Bershka, had sales of around **** billion U.S. dollars that year.