Fashion Industry Statistics
Fashion industry grows online and secondhand, yet emissions, waste, and labor demand change now.
Fashion is booming, from a projected $1.79 trillion global apparel market in 2024 to soaring e commerce, resale and luxury growth, while the industry also faces urgent sustainability and labor realities that can’t be ignored.
Written byFlorian FelsingCTO, Rawshot.aiExecutive Summary
Key Takeaways
Fashion industry grows online and secondhand, yet emissions, waste, and labor demand change now.
The global apparel market is projected to reach $1.79 trillion in 2024
Revenue in the global luxury fashion market is projected to reach $150.2 billion in 2024
The secondhand apparel market is expected to reach $350 billion by 2027
The fashion industry is responsible for around 10% of global carbon emissions
Fashion production makes up 20% of global wastewater
The textile industry is responsible for about 9% of annual microplastic losses to the ocean
The apparel and footwear industry employed 1.46 million people in the United States in 2023
There were 83.6 million people employed in the textile, clothing, leather and footwear sector worldwide in 2022
About 60 million people work in the garment industry worldwide
Global e-commerce apparel revenue is projected to amount to $764.4 billion in 2024
Global e-commerce footwear revenue is projected to amount to $182.6 billion in 2024
Global e-commerce luxury fashion revenue is projected to amount to $34.8 billion in 2024
China was the leading apparel exporter worldwide in 2023 with exports valued at $165 billion
The European Union exported $170 billion worth of apparel in 2023
Bangladesh exported $47 billion worth of apparel in 2023
Section 01
Consumer Behavior & Retail
Global e-commerce apparel revenue is projected to amount to $764.4 billion in 2024 [1]
Global e-commerce footwear revenue is projected to amount to $182.6 billion in 2024 [2]
Global e-commerce luxury fashion revenue is projected to amount to $34.8 billion in 2024 [3]
The average revenue per user in global apparel e-commerce is projected to be $123.70 in 2024 [1]
The average revenue per user in global footwear e-commerce is projected to be $72.08 in 2024 [2]
Online user penetration in global apparel e-commerce is projected to be 43.5% in 2024 [1]
Online user penetration in global footwear e-commerce is projected to be 26.9% in 2024 [2]
Online user penetration in global luxury fashion e-commerce is projected to be 8.6% in 2024 [3]
Apparel accounted for 18.3% of global e-commerce revenue in 2023 [4]
Global fashion influencer marketing was estimated at $6.82 billion in 2024 [5]
56% of Gen Z consumers purchased secondhand apparel in 2023 [6]
40% of consumers bought secondhand apparel in 2023 [6]
62% of consumers say they look for an item secondhand before buying it new [6]
65% of Gen Z say they seek out shopping recommendations from social media [7]
71% of consumers expect companies to deliver personalized interactions [8]
76% of consumers get frustrated when personalization does not happen [8]
78% of consumers are more likely to make repeat purchases from brands that personalize [8]
60% of consumers in 2022 made purchases from a DTC brand in the previous three months [9]
U.S. online apparel and accessories sales amounted to $197.8 billion in 2023 [10]
U.S. apparel and accessories e-commerce penetration reached 46% in 2023 [11]
Nike was the most valuable apparel brand in the world in 2024 with a brand value of $39.1 billion [12]
Zara’s brand value reached $16.4 billion in 2024 [12]
Louis Vuitton was the most valuable luxury brand in the world in 2024 with a brand value of $32.2 billion [13]
Shein had 88.8 million downloads globally in 2023 [14]
Temu had 337.2 million downloads globally in 2023 [15]
The average order value for online apparel in the U.S. was $117 in 2023 [16]
Cart abandonment in fashion e-commerce averaged 84.5% [17]
Mobile devices accounted for 73% of retail site visits globally in Q4 2023 [18]
The average engagement rate for fashion influencers on Instagram was 0.52% in 2024 [19]
Section 02
Employment & Labor
The apparel and footwear industry employed 1.46 million people in the United States in 2023 [20]
There were 83.6 million people employed in the textile, clothing, leather and footwear sector worldwide in 2022 [21]
About 60 million people work in the garment industry worldwide [22]
Women make up approximately 80% of garment workers worldwide [22]
Bangladesh’s apparel industry employs around 4 million workers [23]
About 85% of garment workers in Bangladesh are women [23]
The garment industry accounts for 84% of Bangladesh’s exports [23]
The minimum wage for garment workers in Bangladesh was raised to 12,500 taka per month in 2023 [24]
The global garment industry was worth $1.7 trillion and employed more than 300 million people across its value chain before the pandemic [25]
One in six people worldwide work in the fashion supply chain [26]
The median hourly wage for sewing machine operators in the U.S. was $17.27 in May 2023 [27]
Employment of fashion designers in the U.S. was 24,100 in 2023 [28]
The median annual pay for fashion designers in the U.S. was $79,290 in May 2023 [28]
Employment of tailors, dressmakers, and custom sewers in the U.S. was 17,500 in 2023 [29]
The median annual wage for tailors, dressmakers, and custom sewers in the U.S. was $36,460 in May 2023 [29]
The median annual wage for textile, apparel, and furnishings workers in the U.S. was $34,440 in May 2023 [30]
Employment of textile, apparel, and furnishings workers in the U.S. is projected to decline 11% from 2023 to 2033 [30]
Employment of fashion designers in the U.S. is projected to grow 5% from 2023 to 2033 [28]
The median annual wage for floral designers in the U.S. was $35,500 in May 2023 [31]
Cambodia’s garment, footwear and travel goods sector employed about 913,000 workers in 2023 [32]
In Ethiopia’s industrial parks, around 80% of garment workers are women [33]
The apparel sector in Vietnam employed over 2.5 million workers in 2023 [34]
India’s textile and apparel industry employed 45 million people directly in 2022 [35]
India’s textile industry supports 100 million people indirectly [35]
The U.S. textile and apparel industry employed 471,000 people in 2023 in manufacturing establishments [36]
U.S. man-made fiber, textile, and apparel shipments totaled an estimated $64.8 billion in 2023 [36]
The U.S. textile supply chain exports were $28.0 billion in 2023 [36]
The U.S. textile industry invested $22.3 billion in new plants and equipment from 2013 to 2022 [36]
The number of apparel store salespeople employed in the U.S. was 422,300 in May 2023 [37]
The mean annual wage for salespersons of apparel in the U.S. was $33,360 in May 2023 [37]
Section 03
Innovation & Technology
The apparel industry generated 1.9 billion metric tons of CO2 equivalent in 2018 [38]
Polyester has nearly double the carbon footprint of cotton and almost triple that of linen [38]
Raw material production accounted for 38% of the fashion industry’s climate impact in 2018 [38]
Yarn preparation, fabric preparation and wet processes accounted for 36% of the fashion industry’s climate impact in 2018 [38]
End-of-life accounted for 22% of the fashion industry’s climate impact in 2018 [38]
Fashion brands need to cut emissions by 45% by 2030 to align with the Paris Agreement [39]
Renewables supplied 17% of electricity consumption in the fashion industry in 2022 [39]
Coal still accounted for 39% of energy used for textile manufacturing in 2022 [39]
Only 19% of polyester was recycled or bio-based in 2022 [39]
The resale market grew 18 times faster than the broader retail clothing market in 2023 [6]
Global AI in fashion market size was valued at $1.26 billion in 2024 [40]
The global AI in fashion market is projected to grow at a CAGR of 40.4% from 2024 to 2034 [40]
The global 3D apparel design software market size was valued at $1.07 billion in 2023 [41]
The global 3D apparel design software market is expected to grow at a CAGR of 11.6% from 2024 to 2030 [41]
The digital textile printing market size was valued at $2.71 billion in 2023 [42]
The digital textile printing market is expected to grow at a CAGR of 12.3% from 2024 to 2030 [42]
The smart textiles market size was valued at $5.41 billion in 2023 [43]
The smart textiles market is expected to grow at a CAGR of 31.3% from 2024 to 2030 [43]
The apparel PLM software market size was valued at $1.56 billion in 2023 [44]
The apparel PLM software market is expected to grow at a CAGR of 10.2% from 2024 to 2030 [44]
The global virtual fitting room market size was valued at $5.71 billion in 2023 [45]
The virtual fitting room market is expected to grow at a CAGR of 25.5% from 2024 to 2030 [45]
The global textile recycling market size was valued at $5.72 billion in 2023 [46]
The textile recycling market is expected to grow at a CAGR of 3.4% from 2024 to 2030 [46]
The blockchain in retail market size was valued at $220.7 million in 2023 [47]
The blockchain in retail market is expected to grow at a CAGR of 90.8% from 2024 to 2030 [47]
73% of fashion executives consider generative AI a priority for their businesses in 2024 [7]
Generative AI could add between $150 billion and $275 billion to apparel, fashion, and luxury profits in the next 3 to 5 years [48]
25% of fashion executives expect generative AI to improve product development and design in 2024 [7]
18% of fashion executives expect generative AI to support marketing and sales in 2024 [7]
60% of sourcing executives cited uncertain demand as their top challenge in 2024 [7]
39% of sourcing executives plan to nearshore more of their production in 2024 [7]
33% of fashion executives ranked supply chain disruption as the leading risk for growth in 2024 [7]
65% of fashion executives cited inflation as the biggest risk to growth in 2024 [7]
20% of fashion executives expect conditions in the luxury segment to improve in 2024 [7]
Section 04
Market Size & Growth
The global apparel market is projected to reach $1.79 trillion in 2024 [49]
Revenue in the global luxury fashion market is projected to reach $150.2 billion in 2024 [50]
The secondhand apparel market is expected to reach $350 billion by 2027 [6]
The global footwear market is projected to generate $457.3 billion in revenue in 2024 [51]
The global fast fashion market size was valued at $106.4 billion in 2022 [52]
The global online fashion market is expected to reach $1.2 trillion by 2027 [53]
The global sportswear market size was valued at $182.8 billion in 2023 [54]
The global handbags market size was valued at $56.6 billion in 2023 [55]
The global denim jeans market size was valued at $79.5 billion in 2023 [56]
The global childrenswear market is projected to reach $285.3 billion in 2024 [57]
The global womenswear market is projected to reach $936.3 billion in 2024 [58]
The global menswear market is projected to reach $587.9 billion in 2024 [59]
The global jewelry market is projected to reach $353.3 billion in 2024 [60]
The global watches market is projected to reach $93.2 billion in 2024 [61]
The global eyewear market is projected to reach $169.8 billion in 2024 [62]
The global apparel market is expected to grow at a CAGR of 2.81% from 2024 to 2028 [49]
The global luxury fashion market is expected to grow at a CAGR of 3.09% from 2024 to 2028 [50]
The global handbags market is expected to grow at a CAGR of 6.3% from 2024 to 2030 [55]
The global sportswear market is expected to grow at a CAGR of 6.4% from 2024 to 2030 [54]
The global fast fashion market is expected to grow at a CAGR of 10.7% from 2023 to 2030 [52]
The global apparel market ARPU is projected to amount to $234.30 in 2024 [49]
The average volume per person in the global apparel market is projected to be 28.8 pieces in 2024 [49]
Online sales will account for 38.1% of total revenue in the global apparel market in 2024 [49]
The U.S. apparel market is projected to generate $365.7 billion in revenue in 2024 [63]
China’s apparel market is projected to generate $382.1 billion in revenue in 2024 [64]
India’s apparel market is projected to generate $101.4 billion in revenue in 2024 [65]
The UK apparel market is projected to generate $88.2 billion in revenue in 2024 [66]
Germany’s apparel market is projected to generate $76.4 billion in revenue in 2024 [67]
Japan’s apparel market is projected to generate $66.5 billion in revenue in 2024 [68]
France’s apparel market is projected to generate $54.8 billion in revenue in 2024 [69]
Section 05
Sustainability & Environment
The fashion industry is responsible for around 10% of global carbon emissions [70]
Fashion production makes up 20% of global wastewater [71]
The textile industry is responsible for about 9% of annual microplastic losses to the ocean [72]
Less than 1% of all textiles worldwide are recycled into new textiles [73]
Around 87% of total fibre input used for clothing is ultimately incinerated or disposed of in landfill [73]
The equivalent of one garbage truck of textiles is landfilled or burned every second [73]
Washing clothes releases 500,000 tonnes of microfibres into the ocean every year [73]
The fashion industry uses about 93 billion cubic metres of water annually [71]
It takes about 7,500 litres of water to make one pair of jeans [71]
It takes about 2,700 litres of water to produce one cotton shirt [74]
Europeans consume nearly 26 kg of textiles and discard about 11 kg of textiles per person each year [72]
In the EU, textile consumption had the fourth highest impact on the environment and climate change from a global life cycle perspective [75]
Textile use in the EU had the third highest impact on water and land use in 2020 [75]
Textile consumption in Europe generated about 270 kg of CO2 emissions per person in 2020 [75]
Textile consumption in Europe required 9 cubic metres of water per person in 2020 [75]
Textile consumption in Europe used 400 square metres of land per person in 2020 [75]
Textile consumption in Europe used 391 kg of raw materials per person in 2020 [75]
Global textile production nearly doubled from 58 million tonnes in 2000 to 109 million tonnes in 2020 [75]
By 2030, global textile consumption is expected to increase by 63% to 102 million tonnes [72]
Synthetic fibres accounted for 64% of global fibre production in 2021 [76]
Polyester represented 54% of global fibre production in 2021 [76]
Recycled polyester accounted for 14.8% of the global polyester market in 2021 [76]
Global fibre production reached an all-time high of 113 million tonnes in 2021 [76]
Global fibre production is expected to grow to 149 million tonnes in 2030 if business continues as usual [76]
Less than 1% of clothing is recycled into new clothing in a closed-loop system [77]
The fashion industry accounts for 8-10% of global carbon emissions [78]
The fashion industry consumes 215 trillion litres of water per year [77]
The fashion industry emits 2.1 billion tonnes of greenhouse gases annually [79]
Around 4% of global greenhouse gas emissions come from the fashion industry [79]
More than 70 million barrels of oil a year are used to make polyester fibres for clothing [77]
Global emissions from fashion could rise by more than 50% by 2030 if no action is taken [77]
Section 06
Trade & Manufacturing
China was the leading apparel exporter worldwide in 2023 with exports valued at $165 billion [80]
The European Union exported $170 billion worth of apparel in 2023 [80]
Bangladesh exported $47 billion worth of apparel in 2023 [80]
Vietnam exported $31 billion worth of apparel in 2023 [80]
Global textile exports were valued at $353 billion in 2023 [81]
China accounted for 41.4% of global textile exports in 2023 [81]
The U.S. imported $79.3 billion of apparel in 2023 [82]
The U.S. imported 25.3 billion square meter equivalents of apparel in 2023 [82]
Bangladesh supplied 9.5% of U.S. apparel imports by value in 2023 [82]
Vietnam supplied 18.9% of U.S. apparel imports by value in 2023 [82]
China supplied 21.3% of U.S. apparel imports by value in 2023 [82]
The global textile market size was valued at $1.84 trillion in 2023 [83]
The global textile market is projected to grow at a CAGR of 7.4% from 2024 to 2033 [83]
The global man-made fibers market size was valued at $58.5 billion in 2023 [84]
The global technical textile market size was valued at $225.2 billion in 2022 [85]
The global technical textile market is expected to grow at a CAGR of 5.1% from 2023 to 2030 [85]
The global nonwoven fabrics market size was valued at $46.7 billion in 2023 [86]
Cotton production worldwide amounted to 113.4 million bales in 2023/24 [87]
Global wool production amounted to 1.14 million metric tons clean weight in 2023 [88]
Global silk production amounted to 177 thousand metric tons in 2023/24 [89]
Global leather production reached 23.7 billion square feet in 2023 [90]
The U.S. domestic apparel manufacturing industry market size was $9.1 billion in 2024 [91]
The U.S. cut-and-sew apparel manufacturing industry employed 85,839 people in 2024 [91]
Global clothing production doubled between 2000 and 2015 [77]
Consumers bought 60% more garments in 2014 than in 2000 [77]
Garment utilization declined by 36% compared with 15 years earlier [73]
China produced 22.1 billion pieces of clothing in 2023 [92]
India produced 6.37 billion square meters of cloth in FY 2023 [93]
Vietnam’s textile and garment export turnover reached $40.3 billion in 2023 [94]
Bangladesh’s apparel export earnings reached $47.39 billion in fiscal year 2022/23 [95]
References
Footnotes
- 1statista.com×43
- 6thredup.com
- 7mckinsey.com×4
- 9insiderintelligence.com
- 16salecycle.com
- 17baymard.com
- 22worldbank.org×3
- 24reuters.com
- 25ilo.org×2
- 26theindustry.fashion
- 27bls.gov×6
- 35investindia.gov.in
- 36ncto.org
- 38quantis.com
- 39apparelimpact.org
- 40precedenceresearch.com×2
- 41grandviewresearch.com×14
- 70earth.org
- 71unep.org×2
- 72europarl.europa.eu
- 73ellenmacarthurfoundation.org
- 74worldwildlife.org
- 75eea.europa.eu
- 76textileexchange.org
- 77weforum.org
- 82otexa.trade.gov
- 91ibisworld.com
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