GITNUX MARKETDATA REPORT 2024

Us Apparel Industry Statistics

The US apparel industry statistics show consistent growth and adaptation to changing consumer trends, with a steady increase in revenue, employment, and innovation.

In this post, we explore key statistics and trends shaping the US apparel industry, providing insights into market size, consumer preferences, online retail dynamics, and more. From the dominance of imported apparel to the rise of e-commerce sales, these statistics offer a comprehensive view of the evolving landscape within this lucrative sector.

Statistic 1

"The US apparel market was valued at $368 billion in 2021."

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Statistic 2

"Retail sales in clothing stores in the United States amounted to about $187.77 billion in 2020."

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Statistic 3

"The United States apparel market is projected to grow at a CAGR of 3.8% from 2021 to 2025."

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Statistic 4

"Women's wear accounts for around 50.7% of the apparel market share in the US."

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Statistic 5

"Men’s apparel has a market percentage of about 40.7% in the United States."

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Statistic 6

"Approximately 98% of apparel sold in the U.S. is imported."

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Statistic 7

"In 2021, about 24% of U.S. consumers were willing to pay more for sustainable fashion."

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Statistic 8

"Amazon is the leading online clothing retailer in the United States, with a revenue of $41 billion in 2020."

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Statistic 9

"41% of apparel purchases in the U.S. were made online in 2020."

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Statistic 10

"The children’s wear market makes up about 11.6% of the apparel industry in the US."

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Statistic 11

"The USA apparel manufacturing industry is made up of about 7,822 businesses."

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Statistic 12

"The U.S. apparel manufacturing industry faced a -1.2% annualized decrease in usage from 2015 to 2020."

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Statistic 13

"Athletic apparel sales in the U.S. reached $69.2 billion in 2020."

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Statistic 14

"Denim Jeans in the US would see a market volume of $16,853m in 2022."

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Statistic 15

"Online sales accounted for 27.4% of total U.S. apparel sales in 2019."

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Statistic 16

"Over 24% of shoppers in the U.S buy clothes online once or multiple times per week."

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Statistic 17

"In 2020, e-commerce sales accounted for 46% of the total U.S. apparel market."

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Statistic 18

"In 2019, nearly 60% of online apparel shoppers in the U.S. searched for clothes via mobile."

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The statistics presented paint a comprehensive picture of the US apparel industry, highlighting its significant size and ongoing evolution. The market’s substantial value and projected growth indicate a strong and dynamic sector, with a notable shift towards online retail and consumer interest in sustainable fashion. The dominance of imported apparel, coupled with key players like Amazon leading online sales, underscores the industry’s competitive landscape and changing consumer behavior. Despite challenges such as a decline in domestic manufacturing, specific segments like athletic apparel and denim jeans demonstrate lucrative opportunities for market players. The industry’s adaptability to digital trends and consumer preferences will be crucial for future success and growth.

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