80+ Fashion Industry Statistics of 2025

The fashion industry is a dynamic market that constantly evolves, bringing something new every day. With rapid technological advancements, the industry is moving faster than ever.

If you're part of this industry or simply want to understand it better, this blog is for you. We've done in-depth research and gathered essential insights from various sources to make it easier for you to learn about the fashion industry.

This blog covers almost all key fashion industry statistics, helping you stay ahead and well-informed in this ever-changing landscape.

Let's explore

Top Fashion Industry Statistics 2025 (Top Findings)

Fashion Industry Overview

The fashion industry faced a significant setback due to COVID-19 but has undergone major transformations since then. Post-pandemic, the industry has experienced a boom, with estimates suggesting that consumers now purchase 60% more clothing compared to a couple of decades ago. Here's an overview of the current state of the fashion industry:

Top Fashion Industry Statistics 2025

The numbers in this section will guide you through some eye-catching global apparel industry statistics. From what's trending in clothing worldwide to the leading apparel brands and upcoming industry shifts, we've got everything covered. Let's dive in!

1) Global Fashion industry statistics

The United States and China, as the world's largest economies, lead the global apparel retail market, with market sizes of $365.70 billion and $313.82 billion, respectively. The other major countries that lead the garment industry are as follows: (Source)

• The Asia-Pacific region is projected to be the fastest-growing retail market, with sales reaching $21.7 trillion in 2023. The market is expected to expand at a CAGR of 7.4% from 2022 to 2027. (Source)
• Global revenue in the luxury goods market's 'Luxury Fashion' segment is projected to rise steadily between 2024 and 2029, increasing by $24.4 billion (+16.79%). (Source)
• In 2024, LVMH (Louis Vuitton Moët Hennessy) ranked as the world's most valuable luxury brand, estimated at approximately $130 billion. (Source)
• In 2022, the average monthly spending on apparel and related services in the U.S. was $162, totaling $1,945 for the year, reflecting an 11% increase from 2021. (Source)
• In a global consumer survey conducted in early 2022, Chanel was recognized as the most sustainable luxury fashion brand. (Source)
• The luxury segment is projected to experience the fastest growth, with a compound average annual growth rate (CAGR) of 5.5% from 2024 to 2030. (Source)
• The non-luxury segment was expected to capture 95% of the fashion industry’s sales by 2024 and continue to dominate the market in 2025. (Source)
• The World Bank reports that the fashion industry employs more than 430 million people worldwide, accounting for approximately 12.6% of the global workforce. (Source)
• Around 63% of fashion brands are falling behind on their decarbonization goals for 2030, yet only 18% of executives view sustainability as a significant growth risk for 2025. (Source)
• When it comes to apparel shopping, 58% of consumers prefer in-store shopping over online purchases. (Source)
• Among consumers, 36% of Gen Z and 35% of Millennials prefer purchasing environmentally friendly and sustainable products. (Source)
• In 2023, the women's global apparel market was valued at $1,002.0 billion. It is expected to grow at a CAGR of 3.4% from 2023 to 2032, reaching an estimated $1,356.2 billion by 2032. (Source)
• The global bridal gowns market was valued at approximately $44.2 billion in 2022 and is expected to reach $73.2 billion by 2030 in revenue. (Source)

2) Fast fashion statistics

Fast fashion means making clothes quickly and cheaply so people can buy new styles often. In this section, you'll see important numbers showing how fast fashion is booming, its impact on the environment, and a few eye-opening facts that reveal its true cost to the planet and the industry.

• The global fast fashion market is projected to grow at a CAGR of 10.9% from 2025 to 2035. (Source)
• The fast fashion market is expected to be valued at $114.17 billion in 2025, with projections indicating growth to $309.8 billion by 2035. (Source)

• The fast fashion industry produces more CO2 emissions than the aviation and shipping sectors combined. (Source)
• Each year, up to 85% of textiles end up in landfills—enough to fill Sydney Harbour annually. (Source)

• Fast fashion production has surged over the years, with brands now producing twice as many garments as they did in 2000. (Source)
• Each year, approximately 300,000 tonnes of textile waste end up in household black bins, ultimately being sent to landfills or incinerators. (Source)
• The fashion industry accounts for 10% of global carbon emissions and ranks as the second-largest consumer of the world’s water resources. (Source)
• Fast fashion consumes an immense amount of water, especially in denim production. Producing a single pair of denim jeans requires 10,000 liters of water just to grow the one kilogram of cotton needed. (Source)
• In Uzbekistan, extensive cotton farming consumed so much water from the Aral Sea that it nearly disappeared within 50 years. Once among the world's four largest lakes, it has now been reduced to a desert with only a few remaining small ponds. (Source)

• More than $500 billion is lost each year due to underutilized clothing and a lack of recycling initiatives. (Source)
• Each time clothes are washed, up to 700,000 microscopic fibers can be released into the ocean. (Source)

3) Fashion market statistics

Here's a comprehensive overview of Fashion Market Statistics, including key data points and trends shaping the global fashion industry.

1. The fashion market revenue is expected to reach $880.90 billion in 2025. (Source)

The fashion market is expected to grow at a CAGR of 7.65% from 2025 to 2029, reaching an estimated value of $1,183.00 billion by 2029. In 2025, China will lead in revenue generation, with a projected market volume of $276.40 billion.

2. In 2023, the global luxury fashion market was valued at $245.5 billion. (Source)

The global luxury fashion market is expected to grow from $260.4 billion in 2024 to $410.6 billion by 2032, with a CAGR of 5.8% during the 2024-2032 period. This growth is driven by increasing adoption among Millennials and Gen Z, along with the rise in travel and tourism.

3. The global fashion eCommerce market was projected to reach $1,251.03 billion by 2024. (Source)

The expected compound annual growth rate (CAGR) for the fashion eCommerce market from 2024 to 2028 is 8.3%. This indicates steady expansion, driven by increasing online shopping trends and digital transformation in the fashion industry.

4. Apparel is the largest segment within the global fashion market, making up 51.4% of the total market share. (Source)

ECDB categorizes the fashion market into three key sub-markets: Apparel, Footwear, and Bags & Accessories. Each segment plays a vital role in shaping industry trends and consumer demand.

5. The U.S. fashion market is expected to grow at an annual rate of 1.96% through 2027. (Source)

The United States fashion industry is currently valued at around $343.70 billion, reflecting its significant role in the global fashion landscape.

6. Out of the global workforce of 3.4 billion people, around 430 million are employed in fashion, clothing, and textile production. (Source)

This represents roughly 12.6% of the world's workforce, with the majority of these workers based in Asia, contributing to the production of clothes, shoes, and accessories.

7. Nike is the top fashion company in the world by revenue, with a global total of $31.3 billion. (Source)

Louis Vuitton is a close competitor, recording worldwide revenue of $26.3 billion in 2024, followed by Chanel with $19.4 billion in revenue.

8. The United States is the leading consumer of fashion products globally, based on per capita spending. (Source)

The United States generates $365.70 billion in fashion industry revenue, with the average household spending approximately $162 per month on clothing.

4) Fast fashion waste statistics

Fast fashion is a significant contributor to global waste, with its rapid production cycles and low-cost garments leading to massive environmental and social impacts. Below is a detailed overview and stats of fast fashion waste that highlight the need for sustainability in the fashion industry:

• Each year, 92 million tonnes of textile waste are generated. (Source)
• Unless significant changes are made in how we produce, use, and dispose of clothing, it’s estimated that global textile waste will reach 134 million tonnes by 2030. (Source)
• On average, an American discards around 81 pounds of clothing each year, adding up to a staggering 26 billion pounds of textile waste annually in the U.S. alone. (Source)
• To achieve a 50% reduction in emissions by 2030, the fashion industry would need to reach a renewable energy target of 78%. (Source)
• The fashion industry accounts for 20% of the world’s wastewater, highlighting its significant role in water pollution. (Source)
• The throwaway culture has steadily worsened over the years, with many items now being worn just seven to ten times before being discarded. ̐(Source)
• Synthetic fibers take 80 to 800 times longer to break down compared to natural fibers like cotton. (Source)
• Around 35% of primary microplastic pollution in the ocean is attributed to the fashion industry, primarily from synthetic fibers like polyester, nylon, and acrylic. (Source)
• The textile industry consumes an estimated 79 billion cubic meters of water annually, which equals 10 cubic meters of water for every person on the planet. (Source)
• The fashion waste primarily arises from processes like dyeing and finishing, which pollute water and account for 3% of global CO2 emissions. (Source)
• Each year, $500 billion is lost due to clothes being under-worn and not recycled. (Source)
• Each year, an estimated 44 trillion liters of water are used to irrigate textile crops. (Source)
• Here are the leading countries in the world that generate the most fashion waste: (Source)

• Less than 1% of the materials used in clothing production are recycled into new garments. (Source)
• Textile dyeing ranks as the second-largest water polluter globally, playing a major role in water pollution. (Source)

5) Technology in fashion statistics

Technological advancements are shaping the cosmetics industry, with personalized beauty products and augmented reality try-on experiences becoming more popular. Here are a few stats that highlight the impact of these innovations.

• In 2021, fashion companies allocated between 1.6% and 1.8% of their revenues to technology. This investment is projected to increase to between 3.0% and 3.5% by 2030. (Source)
• A Gartner survey found that by 2023, 25% of global e-commerce transactions would incorporate AR-based technology, such as Virtual Try-On, highlighting its increasing adoption. (Source)
• The smart textiles market has seen rapid growth in recent years and is expected to expand from $5.78 billion in 2024 to $7.52 billion in 2025, with a CAGR of 30.2%. (Source)
• The AI fashion market is projected to expand from $1.26 billion in 2024 to $1.77 billion in 2025, reflecting a CAGR of 40.4%. (Source)
• In the next three to five years, generative AI could boost the operating profits of apparel, fashion, and luxury companies by up to $275 billion. (Source)
• Over 60% of fashion executives believe that implementing integrated digital processes across their organizations will be one of their top five priorities for digitization by 2025. (Source)
• The global 3D printing market was valued at $20.37 billion in 2023 and is projected to grow at a CAGR of 23.5% from 2024 to 2030. (Source)
• Our analysis shows that by implementing digitally enabled value chain solutions, brands could reduce time to market by 50%, increase full-price sell-through by 8%, and lower manufacturing costs by 20%. (Source)

6) Demographics in fashion statistics

Demographics play a crucial role in shaping the fashion industry, as consumer preferences, spending habits, and brand loyalty vary significantly across different age groups, genders, and regions. Below is a detailed overview of demographics in fashion statistics:

• The global women's wear market is valued at USD 1.07 trillion in 2024 and is projected to grow at a CAGR of 3.41%, reaching approximately USD 1.49 trillion by 2034. (Source)
• Globally, 82% of shoppers aged 26-35 have bought clothing online in the past year. Meanwhile, 80% of those aged 36-45 are the most frequent clothing buyers. (Source)
• With an expected market volume of $57.77 billion in 2025, China is the largest revenue generator in the women's fashion market. (Source)
• In the fashion industry, 79% of sales occur in physical stores, while online sales account for just 21%. Asians lead in online shopping (24%), whereas Africans have the lowest online purchase rate at 4.2%. (Source)

• China is the world's leading exporter of textiles and clothing, while the EU stands as the largest importer of these products. (Source)
• The world's largest apparel market is the United States with $365.70 billion in revenue, followed by China at $313.82 billion and India at $101.39 billion. (Source)
• The global fashion retail market is largely driven by ten countries: China, the U.S., India, Japan, Germany, the UK, Russia, France, Italy, and Brazil. (Source)
• The global women's apparel market is valued at $930 billion and is set to surpass $1 trillion by 2027. Meanwhile, the men's apparel worldwide market stands at $587.61 billion, and the children's apparel market is worth $274.25 billion. (Source)
• Fashion designers in the US earn an average of $72,434 annually, which translates to about $34.82 per hour. Salaries can range from $52,500 for those just starting out to over $104,000 for experienced professionals. (Source)
• Other related salaries in American fashion industry statistics are as follows: (Source)

• Price is the top priority for 83% of American apparel shoppers, while 77% consider ratings and reviews before making a purchase. (Source)

7) E-commerce fashion statistics

E-commerce has transformed the fashion industry, making online shopping the preferred choice for millions of consumers worldwide. Below is a detailed overview of E-commerce Fashion Statistics that provides a detailed analysis of e-commerce in the fashion industry:

• In 2021, the global e-commerce apparel market generated $553,188.7 million in revenue and is projected to grow to $1,160,560.8 million by 2030. (Source)
• In 2023, North America represented 34% of the global e-commerce apparel market in terms of revenue. (Source)
• The top three items most frequently bought by online shoppers are clothing (43%), shoes (33%), and accessories (19%). (Source)
• In 2023, the women's apparel segment made up 69% of the revenue share in the e-commerce apparel market. (Source)
• In 2023, online fashion sales represented 20.54% of the total retail e-commerce sales in the United States. (Source)
• The Asia-Pacific region boasts one of the largest and fastest-growing e-commerce apparel markets globally. (Source)
• Fashion is the second most popular online shopping category after consumer electronics with estimated spending of $760 billion in 2025 (Source)
• Shopify, a top e-commerce apparel platform, released its annual report for 2022, revealing that its gross merchandise value surpassed $197 billion that year. (Source)
• With $32.5 billion in revenue generated in 2023, the e-commerce giant is on the verge of surpassing traditional brick-and-mortar brands like Zara and H&M. (Source)
• From 2022 to 2023, fashion and apparel website visits saw a 0.56% increase, marking a larger rise than any other retail sector. (Source)
• According to a Digital Commerce 360 analysis of U.S. Department of Commerce retail data, online sales of Apparel & Accessories grew by 1.4% in 2023, outpacing the overall growth rate of total U.S. retail sales in the category, which was 1.2%. (Source)
• Almost 40% of fashion sales in Asia are conducted online, driving the market’s anticipated growth of 47.4%, reaching $462.4 billion by 2028. (Source)
• The cart abandonment rate for fashion e-commerce is 7.45% higher than the average across all industries. (Source)

8) Valuable apparel brand worldwide statistics

Here’s a table showcasing the most valuable fashion brands worldwide. These brands are leading the way in clothing sales, the footwear market, raw materials, and new clothes. (Source)

9) Women's Fashion Statistics

• The global women's apparel market was valued at USD 1.04 trillion in 2024. (Source)
• The market is expected to grow at a CAGR of 3.4% from 2023 to 2032, reaching USD 1,356.2 billion by 2032. (Source)
• In 2024, the Asia Pacific women's wear market was valued at USD 44 billion and is expected to reach approximately USD 62 billion by 2034, growing at a CAGR of 3.60%. (Source)
• The women's sportswear segment is projected to grow at a significant CAGR of 3.71% throughout the forecast period. (Source)
• A third of young women in the U.K. consider social media their main source of fashion inspiration. (Source)
• In the U.S. alone, the fashion industry employs around 2 million women across various sectors. (Source)
• The average American woman spends approximately USD 150 per month on clothing. (Source)
• The women’s clothing market in the United States generated the highest revenue, reaching USD 191 billion by 2024. (Source)
• The estimated market size for other regions in 2024 is predicted as follows: (Source)

• A 2023 report revealed that 60% of women prefer shopping for clothing in-store to physically assess the product. (Source)
• In 2023, the Women's Apparel segment represented 52.3% of total apparel revenue, with a global revenue of $0.91 trillion. This figure is projected to grow to $1.08 trillion by 2029. (Source)
• The market share of women's clothing brands among Gen Z is as follows: (Source)

The bottom line

The rate the fashion industry is evolving, the statistics we've discussed are only the beginning. In the coming years, these numbers are set to break records, reshaping the market like never before.

Staying informed is the key to keeping up with this fast-paced industry and this blog can help you stay ahead of current trends, consumer preferences, and emerging opportunities. Whether you're a brand, retailer, or fashion enthusiast, staying updated with these insights will give you a competitive edge in this ever-changing industry.

We hope these fashion industry statistics have helped you gain a deeper insight into the fashion industry and make smarter decisions.