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Global Apparel Market - Statistics & Facts

The global apparel market is projected to grow in value from 1.5 trillion U.S. dollars in 2020 to about 2.25 trillion dollars by 2025, showing that the demand for clothing and shoes is on the rise across the world. The regional distribution of the demand share of apparel is expected to stay mostly consistent between 2015 to 2020, although the Asia Pacific region had the highest level of growth at four percent. The three world largest apparel markets are the United States, China, and Japan in descending order.

There are four main product categories for the apparel and footwear market: womenswear, menswear, sportswear, and childrenswear. Womenswear was the bestselling apparel category in the world. The United States alone generated 187 billion U.S. dollars in womenswear sales, and about 86 billion dollars in menswear sales. Another important category with a high level of growth is the sports apparel market, which was valued at about 185.2 billion as of 2020. Denim, a classic staple of a casual wardrobe, is only getting more popular across every type of clothing item.

Although there are countless apparel retailers across the world, both big and small, the biggest companies control the majority of the market. The three top selling apparel and footwear retailers were TJX Companies, Inditex, and H&M. In terms of casual apparel, The Gap, Inc. was the top selling retailer, based on sales value. Luxury clothing, on the other hand, was led in sales by LVMH Moet Hennessy Louis Vuitton S.E., an enormous French luxury goods conglomerate. In terms of individual brands, some of the most valuable brands in the world include Nike, GUCCI, and Adidas.

Key figures

The most important key figures provide you with a compact summary of the topic of "Apparel Market Worldwide " and take you straight to the corresponding statistics.

Key apparel markets

Other apparel markets

Leading companies

Interesting statistics

In the following 5 chapters, you will quickly find the 28 most important statistics relating to "Apparel Market Worldwide ".

Apparel market worldwide

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
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Global Apparel Market - Statistics & Facts

The global apparel market is projected to grow in value from 1.5 trillion U.S. dollars in 2020 to about 2.25 trillion dollars by 2025, showing that the demand for clothing and shoes is on the rise across the world. The regional distribution of the demand share of apparel is expected to stay mostly consistent between 2015 to 2020, although the Asia Pacific region had the highest level of growth at four percent. The three world largest apparel markets are the United States, China, and Japan in descending order.

There are four main product categories for the apparel and footwear market: womenswear, menswear, sportswear, and childrenswear. Womenswear was the bestselling apparel category in the world. The United States alone generated 187 billion U.S. dollars in womenswear sales, and about 86 billion dollars in menswear sales. Another important category with a high level of growth is the sports apparel market, which was valued at about 185.2 billion as of 2020. Denim, a classic staple of a casual wardrobe, is only getting more popular across every type of clothing item.

Although there are countless apparel retailers across the world, both big and small, the biggest companies control the majority of the market. The three top selling apparel and footwear retailers were TJX Companies, Inditex, and H&M. In terms of casual apparel, The Gap, Inc. was the top selling retailer, based on sales value. Luxury clothing, on the other hand, was led in sales by LVMH Moet Hennessy Louis Vuitton S.E., an enormous French luxury goods conglomerate. In terms of individual brands, some of the most valuable brands in the world include Nike, GUCCI, and Adidas.

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