GITNUX MARKETDATA REPORT 2024

Female Spending Statistics: Market Report & Data

With sources from: bls.gov, realsimple.com, investopedia.com, statista.com and many more

Statistic 1

Women in the US control approximately $14 trillion in assets, an amount expected to rise to $22 trillion by 2020.

Statistic 2

Globally, women's economic power was around $20 trillion in 2017 and expected to increase to $28 trillion by 2025.

Statistic 3

In 2020, it was found that women accounted for 85% of all consumer purchases.

Statistic 4

Working women spend 73% of their income on shopping, compared to78% for non-working women.

Statistic 5

Women in the US spend an average of $313 per month on clothes, compared to $207 for men.

Statistic 6

45% of women's annual spending goes towards housing and utilities, while food purchases account for 13.4%.

Statistic 7

Research suggests that millennial women, aged 18 to 34, are the biggest beauty buyers and spend an average of $466 annually.

Statistic 8

The typical woman in the United States will spend approximately $15,000 on makeup in her lifetime.

Statistic 9

Women aged over 50 in the US are expected to control a net worth of $19 trillion by 2030.

Sources Icon Sources

In this post, we will explore intriguing statistics on female spending habits and economic influence. From the significant growth in women’s assets to their dominance in consumer purchases, these statistics shed light on the evolving role of women in the economy. Stay tuned to uncover key insights into women’s spending patterns and financial impact.

Statistic 1

"Women in the US control approximately $14 trillion in assets, an amount expected to rise to $22 trillion by 2020."

Sources Icon

Statistic 2

"Globally, women's economic power was around $20 trillion in 2017 and expected to increase to $28 trillion by 2025."

Sources Icon

Statistic 3

"In 2020, it was found that women accounted for 85% of all consumer purchases."

Sources Icon

Statistic 4

"Working women spend 73% of their income on shopping, compared to78% for non-working women."

Sources Icon

Statistic 5

"Women in the US spend an average of $313 per month on clothes, compared to $207 for men."

Sources Icon

Statistic 6

"45% of women's annual spending goes towards housing and utilities, while food purchases account for 13.4%."

Sources Icon

Statistic 7

"Research suggests that millennial women, aged 18 to 34, are the biggest beauty buyers and spend an average of $466 annually."

Sources Icon

Statistic 8

"The typical woman in the United States will spend approximately $15,000 on makeup in her lifetime."

Sources Icon

Statistic 9

"Women aged over 50 in the US are expected to control a net worth of $19 trillion by 2030."

Sources Icon

Interpretation

In conclusion, the statistics presented highlight the significant economic power and consumer influence of women, both in the United States and globally. Women control a substantial amount of assets and make the majority of consumer purchases, with particular focus on spending in areas such as clothing, beauty products, and housing. The data illustrate a clear trend of increasing financial independence and influence among women, with projections indicating further growth in their economic impact in the coming years. These findings emphasize the importance of considering and catering to the preferences and behaviors of female consumers in various industries.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

Submit Your Own Statistic Data

Would you like to submit your own researched statistics on this topic? You are welcome to use the form below and submit your suggestion to us. We will check the source and approve it if necessary.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!