Fashion Industry Statistics 2025 United States. Sustainable Fashion Market Statistics (2025) NovaTomato US fashion industry sales statistics show that the sector is set to continue growing year on year until at least 2027 Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 8.28%, resulting in a projected market volume of US.
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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 In 2023, household spending on women's apparel averaged $655, compared with $406 for men's apparel
Fashion Industry Statistics 10xhire
US fashion industry sales statistics show that the sector is set to continue growing year on year until at least 2027 Subscribe Key insights Most valuable apparel brand worldwide Though this year's New York Fashion Week styles have yet to hit most local stores, spending on clothes—from haute couture, and ready-to-wear, to factory outlet and discount store bargains—is a must for many
28 Clothing Industry Statistics To Know [May 2024 Update]. Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 8.28%, resulting in a projected market volume of US. 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).
28 Clothing Industry Statistics To Know [May 2024 Update]. The online fashion market is currently valued at $533 billion and is expected to grow to $100 billion by 2025. Meanwhile, people in the United States spend $844 per person on clothes, with an average of 53 items purchased per capita..