Fashion Industry Statistics 2025 United States. 28 Clothing Industry Statistics To Know [May 2024 Update] The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion's data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead Smaller increases of 1.9% and 1.8% have been forecast for 2026 and 2027, respectively
Fashion Industry Statistics 10xhire from 10xhire.io
Subscribe Key insights Most valuable apparel brand worldwide Explore fashion industry statistics for 2025, revealing key market trends, digital innovations, and consumer behavior insights to shape the future of retail.
Fashion Industry Statistics 10xhire
Fashion Industry Statistics stated that almost 73% of the United States population is well aware Meanwhile, people in the United States spend $844 per person on clothes, with an average of 53 items purchased per capita.. Judged purely by the top line, the fashion industry's outlook for 2025 appears to be a continuation of the sluggishness seen in 2024: revenue growth is expected to stabilize in the low single digits (exhibit).
Fashion Industry Statistics By Revenue and Demographics. Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 8.28%, resulting in a projected market volume of US. The United States and China, as the world's largest economies, lead the global apparel retail market, with market sizes of $365.70 billion.
Global Fashion Industry in Numbers. Download the full report to understand the 10 themes that will shape the industry and the opportunities for growth in 2025. Judged purely by the top line, the fashion industry's outlook for 2025 appears to be a continuation of the sluggishness seen in 2024: revenue growth is expected to stabilize in the low single digits (exhibit).