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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 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 …
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 …
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 …
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...
The State of Fashion 2025: Challenges at every turn
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 consumer sentiment in 2025, while 39 percent see …
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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 …
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 …
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 …
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 …
State of Fashion report archive (2017-2024) | McKinsey
Nov 14, 2024 · 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. …
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 …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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: 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 …
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 …
Sustainable fashion worldwide - statistics & facts | Statista
Oct 29, 2024 · The most important key figures provide you with a compact summary of the topic of "Sustainable fashion worldwide" and take you straight to the corresponding statistics. …
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