GITNUX MARKETDATA REPORT 2024

Must-Know Apparel Market Statistics [Latest Report]

Statistic 1

"Indian apparel market is expected to be worth $59.3 billion by 2022."

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Statistic 2

"The luxury apparel market is expected to grow to $84.04 billion by 2027."

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Statistic 3

"The global apparel industry's revenue decreased by 12.32% during the COVID-19 pandemic in 2020."

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Statistic 4

"Eco-friendly apparel market is projected to reach $13.95 billion by 2025."

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Statistic 5

"The global market for children's apparel, valued at $187.29 billion in 2017, is expected to grow significantly by 2025."

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Statistic 6

"The U.S. apparel market is expected to reach $378 billion by 2023."

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Statistic 7

"The apparel rental market size is anticipated to reach $1.96 billion by 2024."

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Statistic 8

"Women's apparel dominates the global apparel market with over 50% share."

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Statistic 9

"The sportswear segment in the global apparel market is forecast to grow to $208 billion by 2025."

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Statistic 10

"Apparel retail e-commerce sales in the United States amounted to $110.6 billion in 2020."

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Statistic 11

"The global online apparel market is projected to grow at a CAGR of 10.6% from 2021 to 2028."

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Statistic 12

"The apparel market in Japan is expected to grow to $71.78 billion by 2024."

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Statistic 13

"Fast fashion accounts for 10% of global carbon emissions."

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Statistic 14

"In 2020, the online share of UK apparel sales increased to 46.5%."

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Statistic 15

"Men's wear market is projected to reach $776 billion by 2027."

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Statistic 16

"China is the largest apparel market in the world."

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Statistic 17

"Apparel sales in Canada estimated to grow at a CAGR of 3.4% from 2019 to 2024."

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Statistic 18

"The European apparel market is expected to grow with a CAGR of 5.1% from 2020 to 2025."

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Statistic 19

"The global apparel market was valued at approximately $1.5 trillion in 2021."

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Statistic 20

"The second-hand apparel market is projected to reach $77 billion by 2025."

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