Professional Documents
Culture Documents
Apparel - United States - Statista Market Forecast
Apparel - United States - Statista Market Forecast
Apparel - United States - Statista Market Forecast
REVENUE BY SEGMENT
HIGHLIGHTS (2024)
US$358.70bn
In 2024, the revenue in the Apparel market in the United States amounts to US$358.70bn.
It is projected to grow annually by 2.11% (CAGR 2024-2028).
The largest segment in the market is Women's Apparel, with a market volume of US$191.40bn in 2024. REVENUE CHANGE BY
When compared globally, in the United States generates the highest revenue ( US$358.70bn in 2024). SEGMENT (2024)
2.1%
In terms of per person revenues, US$1.05k is generated in 2024.
By 2028, the volume in the Apparel market is expected to reach 32.2bn pieces.
Additionally, the market is expected to show a volume growth of 1.5% in 2025.
The average volume per person in the Apparel market is projected to be 89.0pieces in 2024.
Furthermore, 94% of sales in the Apparel market in 2024 will be attributable to Non-Luxury.
The United States apparel market is currently experiencing a surge in demand for sustainable and ethically-
produced clothing.
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 1/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Revenue
REVENUE BY SEGMENT REVENUE CHANGE BY SEGMENT
500
294.34
300 Women's Apparel 187.40
OVERVIEW
200
Revenue
Sales Channels
100
Key Players
Analyst Opinion
0
Volume
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Price
Total Children's Apparel Men's Apparel Women's Apparel
Demographics
Purchase Criteria
Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war. Global Comparison
Methodology
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 2/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Methodology
Most recent update: Feb 2024
Key Market Indicators
Source: Statista Market Insights
1.25
0.5
0.25
0
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 3/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Luxury 5
Non-Luxury 95
75
in percent
50 95
94
94 94
94 94
94 95 94
94 94
94 94
94 94
94 94
94
25
0
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Luxury Non-Luxury
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 4/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
30
25
21.8
21.8
20 18.7
18.7
16.1
16.1
in percent
15 13.8
13.8
11.9
11.9
10.3
10.3
10
9.5
9.5
8.8
8.8
7.7
7.7
6.6
6.6
6.0
6.0
4.7 5.1
5.1
5 4.7
0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Sources: Statista Market Insights , Statista Consumer Insights Global , Leading international news agencies , UN
Comtrade - United Nations Comtrade
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Statista 0.32 0.32 0.30 0.32 0.31 0.34 0.35 0.36 0.36 0.37
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 5/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from
different sources. Please see the additional information for methodology and publication date.
6.7
6.7
6.2
6.2
5.8
5.8
6
5.4
5.4
5.0
5.0
4.7
4.7
4.5
4.5
4.2
4.2
in percent
4.0
4.0
3.9
3.9
4 3.7
3.7
3.5 3.6
3.6
3.5
0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 6/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Sources: Statista Market Insights , Annual reports of key players , Desk research , Statista Consumer Insights
Global
CONSUMER
Sales Channels
ONLINE REVENUE SHARE MOBILE/DESKTOP SPLIT
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 7/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Offline 72.2
Online 27.8
75
63.7
63.7 62.3
62.3 6
67.2
67.2 67.0
67.0 69.5 66.7
66.7
72.2
72.2 69.5
82.5
82.5 80.0
80.0
84.2
84.2
in percent
50
25
36.3
36.3 37.7
37.7 3
32.8
32.8 33.1
33.1 30.5
30.5 33.3
33.3
27.8
27.8
17.5
17.5 20.0
20.0
15.8
15.8
0
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027
Offline Online
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 8/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
40 36
36
30
in percent
20
15
15
11
11
99
10 88
77
66
33
0
2020
Amazon Ebay
Online apparel, multi-label store Online apparel, single-brand store
Online big-box store / superstore Online membership-based shopping club
Online sporting goods store Other online store
Notes: Survey question: Where have you purchased apparel in the last 12 months? (multi-pick)
Key Players
BRAND SHARES (BETA)
in percent
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 9/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
2022
Other 84
Other
84%
SHEIN Victoria's Secret Abercrombie lululemon Under Armou UNIQLO Urban Outfitt Wrangler
3% 2% 1% 1% 1% 1% 1% 1%
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 10/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Beyond Retro 21
40 depop 28
33
32 33
eBay 32 44
Farfetch 28
28
28 28 28
30
Fashionphile 32
in percent
25
25
Goodfair 33 23
23
21
21 22
22
20
20 20
20 20
20
Goodwill 43 18
20 17
17 18
Luxury Garage Sale 20
Poshmark 22
refashioner 17
10
swap.com 25
The RealReal 20
0 thredUP 23
Tradesy 2022 18
Urban Outfitters 20
Beyond Retro depop eBay Farfetch Fashionphile
Goodfair Goodwill Luxury Garage Sale Poshmark refashioner
swap.com The RealReal thredUP Tradesy Urban Outfitters
Notes: Survey question: When it comes to second-hand apparel online shops, which of the following brands
have you used in the past 12 months? (multi-pick)
Analyst Opinion
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 11/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
While Greater China almost overtakes the U.S. as largest fashion market in the world, key economic
indicators create a more cautious mood for the global fashion industry potentially slowing down by 2020.
For companies it is crucial to prepare plans to address a possible transformation of global value chains
emerging by new opportunities from global consumer spending shifting towards emerging economies as
well as trade tensions and uncertainties. A leverage point could be to take a strong position on social and
environmental issues, as this is very much demanded by the younger generation.
Volume
VOLUME BY SEGMENT VOLUME CHANGE BY SEGMENT
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 12/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
40
20
10
0
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 13/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
50
39.9 40.3
40.3 40.7
40.7
38.9
38.9 39.4
39.4 39.9
40 36.2
36.2 36.5
36.5 36.0
36.0 36.2
36.2
33.1
33.1
30 26.8
26.8 26.8
26.8 26.8
26.8 27.0
27.0 27.1
27.1 27.3
27.3 27.4
27.4
25.8
25.8 25.5
25.5
in pieces
24.4
24.4
22.6
22.6 22.9
22.9 23.2
23.2 23.5
23.5
22.1
22.1 22.3
22.3 21.7
21.7 22.3
22.3
21.4
21.4
20.2
20.2
20
10
0
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Price
PRICE PER UNIT
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 14/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
17.5
14.62
14.62 14.66
14.66 14.71
14.71 14.75
14.75 14.78
14.78
14.46
14.46
15 13.60
13.60 13.64
13.64 13.82
13.82 13.84
13.84
12.5
in USD (US$)
10
7.5
5.59 5.62 5.65 5.68 5.75
5.75 5.82
5.82 5.84
5.84 5.86
5.86 5.89
5.89 5.91
5.91
5.59 5.62 5.65 5.68
2.5
0
2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Demographics
SECONDHAND USERS - BY INCOME SECONDHAND USERS - BY GENDER SECONDHAND USERS - BY AGE
in percent
2022
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 15/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
High income
32.5% Low income
35.0%
Medium income
32.6%
Purchase Criteria
PURCHASE CRITERIA
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 16/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Please wait
Notes: Survey question: Which are the most important aspects when choosing your apparel (e.g., clothing,
shoes, bags)? (multi-pick)
Global Comparison
REVENUE COMPARISON
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 17/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Please wait
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 18/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Methodology
Data coverage:
Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which
comprises women, men, and children segments that are produced for private end customers for both
offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by
catalog).
Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based
on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited
forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and
consumer spending per capita.
Additional Notes :
The market is updated twice per year in case market dynamics change. The impact of the COVID-19
pandemic and the Russia-Ukraine war are considered at a country-specific level.
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 19/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Please wait
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 20/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Source:
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 21/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
CONTACT
Mon - Fri, 9am - 6pm (EST) Mon - Fri, 9am - 5pm (SGT)
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 22/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Carolina Dulin
Group Director - LATAM
Email latam@statista.com
Tel +1 212 419-5774
Home
About Statista
Career
Contact
Help & FAQ
Report Bug
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 23/24
15/03/2024, 20:32 Apparel - United States | Statista Market Forecast
Privacy
Cookie settings
Imprint
https://www.statista.com/outlook/cmo/apparel/united-states#revenue 24/24