Premium

Global apparel market size projections from 2012 to 2025, by region (in billion U.S. dollars)

This statistic depicts global apparel market size projections from 2012 to 2025, by region. The United States' apparel market is expected to grow from USD 225 billion in 2012 to USD 285 billion in 2025; a CAGR of two percent.


Global Apparel Industry

Despite the current global economic downturn, the global apparel industry continues to grow at a healthy rate and this, coupled with the absence of switching costs for consumers and great product differentiation, means that rivalry within the industry is no more than moderate. The apparel industry is of great importance to the economy in terms of trade, employment, investment and revenue all over the world. This particular industry has short product life cycles, vast product differentiation and is characterized by great pace of demand change coupled with rather long and inflexible supply processes.

Even well-established brands have to work hard to maintain their share of the market. Consumers are demanding more versatile wear with wider functionality, which means retailers continue producing new styles of apparel for men and women.

Apparel remains largely a discretionary purchase compared to other consumer goods, making it more prone to economic shocks. The global apparel market has been shaped by three contrasting regional movements - robust growth in emerging markets, fragile recovery in the United States, and a sharp slowdown in Western Europe. During 2013, retail sales at clothing and accessories stores in the United States totaled approximately 251 billion U.S. dollars; up from 242.5 billion U.S. dollars the previous year. Apparel retailing has always been a tough, highly competitive business, and many chains rise dramatically and then fail as price pressure from major discounters like Wal-Mart, Target and Kohl's keep profit margins thin at stores that sell moderately priced apparel.

The global apparel market is always changing, attempting to adapt to customer trends and new technology that will allow the consumers shopping experience to be more enjoyable and ergonomic.

Show more
Exclusive Premium statistic

You need a Premium membership to access this statistic.
Advantages of our Premium Account:

  • Immediate access to our full Premium database
  • Save time! Easy to include in your presentations
  • Credible data! Over 18,000 data sources

With Statista, you get straight to the point: analyzing data, rather than searching for it.

Dr. Antonella Mei-Pochtler about Statista
Premium Account
Instant access
to all statistics
Download as XLS, PNG
and PDF
$49 instead of $69 per month*
(billed annually)
Region20122025CAGR*
China - - -
EU-27 - - -
United States - - -
India - - -
Japan - - -
Russia - - -
Brazil - - -
Canada - - -
Australia - - -
Rest of the World - - -
Global - - -
Source information for logged in users only.
Show our solutions
Everything you need to know about...
Apparel market in the U.S. - Statista Dossier
  • Great time-saver
  • All relevant statistics included

Offer: Order your Premium Account now & and get this dossier for free.

Get free dossier
You may also be interested in...
Show more
Market Analytics
  • Women's and Girl's Apparel

    Consumer Markets |North America-wide market forecast for "Women's and Girl's Apparel" by country through 2020

    Revenue Key Market Indicators

  • Men's and Boy's Apparel

    Consumer Markets |North America-wide market forecast for "Men's and Boy's Apparel" by country through 2020

    Revenue Key Market Indicators

  • Sports and Swimwear

    Consumer Markets |North America-wide market forecast for "Sports and Swimwear" by country through 2020

    Revenue Key Market Indicators

Recent Statistics
Related market forecasts
Recommended studies and dossiers

Find the proper statistic fast and easy: