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Global Fashion Industry Statistics - FashionUnited
The global fashion industry produces more than 100 to 150 billion items of clothing per year. Sources: more than 100 billion according to McKinsey & the Ellen MacArthur Foundation. The World Economic Forum & ShareCloth state that 150 billion garments are produced in a year.
See results only from fashionunited.comGlobal Fashion Industry Stat…
According to the executive body of the European Union, about 5 million people …
The State of Fashion 2025: Challenges at Every Turn | BoF
Nov 11, 2024 · In 2025, 80 percent of executives expect no improvement in the global fashion industry. Sustainability has fallen off the agenda, with only 18 percent of fashion executives …
The State of Fashion 2024 report | McKinsey
Nov 29, 2023 · According to McKinsey’s analysis of fashion forecasts, the global industry will post top-line growth of 2 to 4 percent in 2024 (exhibit), with regional and country-level variations. Once again, the luxury segment is expected to …
Global apparel market - statistics & facts | Statista
Oct 22, 2024 · In 2023, executives in the industry were split as to their expected change in the global fashion market conditions. Only around one quarter of experts were positive about the …
The State of Fashion 2025: Challenges at every turn | McKinsey
Nov 11, 2024 · Fashion leaders polled in our annual BoF–McKinsey State of Fashion Executive Survey were just as pessimistic as last year. Just 20 percent expect improvements in …
Fashion - Worldwide | Statista Market Forecast
In the Fashion Market, the number of users is expected to amount to 2.8bn users by 2029. User penetration will be 33.3% in 2024 and is expected to hit 37.8% by 2029. The average revenue...
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The State of Fashion 2024: Riding Out the Storm
Nov 29, 2023 · As a whole, the fashion industry is predicted to achieve year-on-year retail sales growth of between 2 percent and 4 percent in the year ahead. Macroeconomic, geopolitical as well as climate-crisis pressures will challenge …
50+ Fashion Industry Statistics to Watch out In (2024)
Feb 2, 2024 · Top Fashion Industry Statistics (Editor’s Picks) The USA tops global apparel market, with $325.96 billion in revenue; 84% of consumers are likely to pay high for customization; The second-hand market is projected to double to …
The State of Fashion 2023: Resilience in the Face of …
Nov 30, 2022 · The seventh annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals the industry is heading for a global slowdown in 2023 as macroeconomic tensions and slumping consumer …
Global Fashion Industry Statistics (2024) - Fashioncoached
2 days ago · According to Euromonitor, the global apparel and footwear industry grew by 18.1% at current prices in 2020-2021, to $1.71 billion dollars in market size (retail value USD million) in …
The Trillion Dollar Fashion Industry: Key Statistics and Trends
Mar 19, 2024 · Below we explore some of the key statistics defining today‘s fashion landscape. The global fashion industry was valued at $1.7 trillion in 2024. This includes clothing, footwear, …
Fashion Industry Statistics - 10xhire
Let’s explore the global fashion industry statistics, a formidable economic powerhouse, boasting a staggering valuation of $1.7 trillionas of 2023. Within this expansive landscape, the United …
Global Fashion Industry Statistics
Jan 1, 2022 · According to the executive body of the European Union, about 5 million people work in the value chain, and more than 1 million in the high-end fashion industry. Most fashion …
28 Dazzling Fashion Industry Statistics [2023]: How Much Is
Jun 15, 2023 · According to our research: The global fashion industry is valued at $1.7 trillion as of 2023. The fashion market had a growth rate of 5.46% in 2017 and was projected to hit 6.2% by …
The State of Fashion: 100+ Fashion Industry Statistics (2021) (2024)
2 days ago · From the rise in sustainability to an emphasis on community engagement, this article takes a deep dive into fashion industry statistics and how they are propelling executives to …
Fashion Statistics 2022/3 - Wunderlabel
Dec 12, 2022 · Fashion statistics include footwear, apparel and accessories. Statistics habe been collected from English and German sources. The global fashion industry produces more than …
U.S. apparel market - statistics & facts | Statista
Oct 1, 2024 · In 2022, the revenue of the global apparel market reached 1.5 trillion U.S. dollars, and the industry is forecast to show positive growth. Revenue was estimated to rise to almost …
21 Fashion Industry Statistics to Know - Scottmax.com
Global Fashion Industry Impact Statistics. The world of fashion, ranging from high-end extravagance to pocket-friendly fast fashion, leaves an indelible mark on our global landscape. …
39 Thought-Provoking Fashion Industry Statistics [The 2024 …
Feb 16, 2024 · Check out all the global fashion industry statistics below. In 2022, the global apparel industry market size is projected to reach $1.7 trillion. 20,000 to 25,000 stores were …
Pingree, DeLauro, Carper Announce First-Ever Federal Report …
3 days ago · The fashion industry is now responsible for more carbon emissions than all international flights and maritime shipping combined. Fast fashion relies on cheap …
Sustainability: The Case for Collective Action | BoF - The …
5 days ago · The fashion industry can focus on cost-effective decarbonisation. Brands must consider swift action. By 2030, global apparel consumption is projected to rise by 63 percent to …
Fashion Industry: A Resource Guide - Library of Congress
Nov 30, 2024 · Burdine's Department Store, Miami Beach, 1953. Gottscho-Schleisner Collection, Library of Congress Prints and Photographs Division. This guide represents a selection of the …
Fast fashion market forecast worldwide 2021-2027 | Statista
In 2027, the global market value of fast fashion was forecast to reach a value of approximately 185 billion U.S. dollars. Two of the major brands in the fast fashion industry are H&M and...
Fashion industry: what it is, its value, and leading countries
6 days ago · What is the fashion industry? The fashion industry is a global sector that creates and sells clothing, accessories, and footwear. It involves the design, production, and sale of …
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