Marketing In The Garment Industry Statistics
From huge growth in apparel and e-commerce to personalization, sustainability, and reviews.
With the global apparel market set to surge from USD 1.53 trillion in 2023 to USD 2.25 trillion by 2032, marketing in the garment industry has never been more competitive, more digital, and more driven by personalization, social proof, and sustainability.
Executive Summary
Key Takeaways
- 01
Global apparel market size was valued at USD 1.53 trillion in 2023 and is projected to reach USD 2.25 trillion by 2032
- 02
The global online apparel market size was valued at USD 283.0 billion in 2022 and is expected to reach USD 523.0 billion by 2030
- 03
The global fast fashion market size was estimated at USD 87.2 billion in 2020 and is expected to reach USD 206.5 billion by 2027
- 04
In a McKinsey survey, 76% of marketing executives said personalization is crucial to their business
- 05
In a McKinsey report, personalization can reduce acquisition costs by up to 50% and increase marketing spend efficiency by up to 30%
- 06
In a survey by Twilio Segment, 52% of respondents said they would become repeat customers if brands made it easier to personalize
- 07
Google: 53% of mobile site visits are abandoned if pages take longer than 3 seconds to load
- 08
Google: 61% of users say they are unlikely to return to a site with poor mobile experience
- 09
Facebook in 2023 had average CPM around USD 14.90 for retail/apparel ads (global estimate by Hootsuite)
- 10
In 2023, retail media ad spend in the US was forecast to be USD 83 billion
- 11
In 2022, retail media networks in the US generated USD 49.0 billion
- 12
In 2019, global apparel marketing spend as a percentage of revenue averaged about 2.5% (industry estimate)
- 13
Sustainable apparel: 66% of consumers are willing to pay more for sustainable brands (Nielsen)
- 14
IBM: 57% of global consumers say they would change shopping habits to reduce environmental impact
- 15
IBM: 70% of consumers are willing to pay more for sustainable brands when benefits are clear
Section 01
Channels, Media & Campaign Performance
Google: 53% of mobile site visits are abandoned if pages take longer than 3 seconds to load [1]
Google: 61% of users say they are unlikely to return to a site with poor mobile experience [2]
Facebook in 2023 had average CPM around USD 14.90 for retail/apparel ads (global estimate by Hootsuite) [3]
Meta: Instagram Stories ads have a reported completion rate of 72% [4]
YouTube: 70% of viewers are more likely to remember an ad they saw on YouTube [5]
TikTok: 78% of users said TikTok helps them discover new products [6]
TikTok: 50% of users said they purchased after seeing a product on TikTok [6]
Twitter/X: 46% of users say they discover new products through the platform [7]
LinkedIn: B2B marketing content generates 3x more leads than traditional outbound [8]
Email marketing has an average ROI of $36 for every $1 spent (DMA report) [9]
WordStream: average email open rates across industries are around 21.3% [10]
WordStream: average email click-through rate is around 2.6% [10]
WordStream: average landing page conversion rate across industries is 2.35% [11]
SEMrush: 53% of visits come from organic search [12]
Search Engine Journal: 70% of marketers say SEO is more effective than PPC [13]
Search Engine Land: first organic result receives 27.6% of clicks [14]
Backlinko: average page 1 Google result has 3.8x more backlinks than positions 2-10 [15]
Backlinko: top result on Google has an average CTR of 31.7% [16]
Backlinko: pages that rank in top 3 have 43% of all clicks [17]
HubSpot: companies that blog get 55% more website visitors than those that don’t [18]
HubSpot: 47% of buyers view 3-5 pieces of content before engaging with a vendor [19]
Content marketing institute: 77% of B2B marketers use content marketing [20]
WARC: average brand lift for influencer campaigns is 13% [21]
Instagram: 83% of fashion brands use Instagram [22]
TikTok: 62% of users have purchased an item after seeing it on TikTok [23]
Meta Business Suite: 1 billion people viewed Instagram Stories daily in 2020 [24]
Google: 48% of shoppers use Google to research products before buying [25]
Google: 76% of shoppers who search online for clothing purchase [26]
Shopify: on average, 64% of purchases made online are first viewed on mobile devices [27]
Section 02
Consumer Behavior & Customer Insights
In a McKinsey survey, 76% of marketing executives said personalization is crucial to their business [28]
In a McKinsey report, personalization can reduce acquisition costs by up to 50% and increase marketing spend efficiency by up to 30% [28]
In a survey by Twilio Segment, 52% of respondents said they would become repeat customers if brands made it easier to personalize [29]
Salesforce reports that 84% of customers say that being treated like a person (not a number) is important [30]
Salesforce: 88% of customers say experiences with a brand determine their loyalty [30]
In a Harvard Business Review article, acquiring a new customer is 5 to 25 times more expensive than retaining an existing one [31]
Bain & Company: increasing customer retention rates by 5% can increase profits by 25% to 95% [32]
In a Deloitte report, 36% of consumers say they have stopped buying from a brand due to poor experience [33]
In a Google Think with Google study, 63% of consumers are more likely to purchase after watching a video [34]
In HubSpot research, 63% of marketers say generating traffic and leads is the top challenge [35]
In a Nielsen study, 92% of consumers trust recommendations from friends and family over any other type of advertising [36]
In Nielsen, 66% of consumers trust online consumer opinions (ratings/reviews) [36]
In a BrightLocal survey, 98% of consumers read online reviews for local businesses [37]
BrightLocal: 87% of consumers used Google to search for a local business [37]
In a PowerReviews survey, 80% of consumers say that they have to read reviews to decide [38]
In a Wunderman Thompson study, 71% of consumers expect personalized recommendations [39]
In a McKinsey report on consumer sentiment, 67% of respondents consider sustainable products more valuable [40]
In IBM’s 2020 consumer study, 57% of consumers say they would change shopping habits to reduce environmental impact [41]
IBM: 70% of consumers who say they are willing to change behavior are influenced by companies’ actions [41]
In a GlobalData consumer survey, 56% of consumers prefer to buy from brands with good sustainability credentials [42]
In a Klarna study, 55% of shoppers say they use “buy now pay later” to get better deals [43]
In a Shopify consumer behavior report, 54% of shoppers use mobile devices to research products [44]
In a Google/Ipsos study, 90% of shoppers use multiple channels in their journey [45]
In a US survey by Bazaarvoice, 86% of consumers read reviews for purchases [46]
In a Stackla report, 79% of consumers say user-generated content (UGC) highly impacts purchasing decisions [47]
Stackla: 60% of consumers say they look for UGC that is relevant to them [47]
In a Criteo report, 74% of shoppers feel retargeting ads are annoying [48]
In a Baymard Institute study, the average cart abandonment rate across industries is 69% [49]
In Baymard, 58% of cart abandoners cite extra costs (shipping/taxes) as a reason [49]
Section 03
Market Size & Growth
Global apparel market size was valued at USD 1.53 trillion in 2023 and is projected to reach USD 2.25 trillion by 2032 [50]
The global online apparel market size was valued at USD 283.0 billion in 2022 and is expected to reach USD 523.0 billion by 2030 [51]
The global fast fashion market size was estimated at USD 87.2 billion in 2020 and is expected to reach USD 206.5 billion by 2027 [52]
The global e-commerce apparel market is forecast to reach about USD 1,085.9 billion by 2027 [53]
In 2021, e-commerce represented 18% of total apparel sales (US) [54]
In 2022, consumer spending on apparel in the US totaled about USD 357.7 billion [55]
In 2023, the US retail sales of clothing and clothing accessories were about USD 378.0 billion [55]
Apparel and accessories were the 2nd-largest category by global ad spend in 2022 [56]
In 2023, global spending on fashion advertising was estimated at USD 24.6 billion [57]
In 2022, fashion & luxury industry social media advertising was valued at USD 11.9 billion [58]
In 2023, the US influencer marketing industry size was estimated at USD 21.1 billion [59]
TikTok reached 1 billion monthly active users in 2021 [60]
Instagram had 2 billion monthly active users in 2023 [61]
Facebook had 3.0 billion monthly active users in 2023 [62]
Pinterest had 465 million monthly active users in 2023 [63]
YouTube had over 2.5 billion logged-in monthly users in 2023 [64]
The global digital fashion industry size was expected to reach USD 14.9 billion by 2027 [65]
The global augmented reality (AR) commerce market size was estimated at USD 1.4 billion in 2022 and projected to reach USD 19.1 billion by 2030 [66]
The global virtual try-on market was valued at USD 3.2 billion in 2023 and projected to reach USD 11.3 billion by 2030 [67]
The global personalization market was estimated at USD 8.0 billion in 2021 [68]
The global marketing automation market was estimated at USD 7.6 billion in 2020 and projected to reach USD 25.1 billion by 2026 [69]
The global ad spend for retail was expected to reach USD 120.0 billion in 2024 (US) [70]
Retail media network revenue in the US reached USD 49.0 billion in 2022 [71]
In 2024, US retail media network revenue is forecast to reach USD 73.0 billion [72]
In the US, average weekly household spending on apparel (2019-2020) was about USD 16.30 [73]
The global consumer spending on apparel and footwear increased from USD 1.06 trillion in 2019 to USD 1.20 trillion in 2022 [74]
The apparel industry accounted for about 2% of global GDP [75]
The global apparel production value was about USD 2.5 trillion in 2019 (estimated) [76]
The global textile and apparel industry employs about 60 million workers [77]
Section 04
Pricing, ROI & Marketing Economics
In 2023, retail media ad spend in the US was forecast to be USD 83 billion [78]
In 2022, retail media networks in the US generated USD 49.0 billion [79]
In 2019, global apparel marketing spend as a percentage of revenue averaged about 2.5% (industry estimate) [80]
Bain: increasing price by 1% increases profit by about 8% [81]
McKinsey: digital marketing can reduce acquisition costs by up to 30% [82]
Google: a 5-second delay in mobile site loading can reduce conversions by 20% [83]
Unbounce: average landing page conversion rates improved by 35% after A/B testing [84]
Optimizely: A/B testing can increase conversion by 20% [85]
MoEngage: 70% of marketers say personalization increases conversion rates [86]
Adobe: 71% of marketers say personalized experiences help customers connect with brands [87]
Nielsen: direct marketing response rates range between 0.1% and 4% (varies) [88]
Return on ad spend (ROAS) benchmarks for retail: average ROAS around 4x (industry estimate) [89]
Klaviyo: SMS marketing average ROI is reported at 5-6x [90]
Omnisend: email automation generates 320% more revenue than single campaigns (industry average) [91]
Mailchimp: send time optimization can improve revenue by 10% [92]
Shopify: abandonment emails can recover 20% of lost revenue (average) [93]
Criteo: personalized retargeting ads lead to 10% lift in conversion (average) [94]
Forrester: 1:1 marketing improves response rates by 28% (reported) [95]
Gartner: marketing leaders reported average marketing ROI improvements of 15-20% with better attribution [96]
HubSpot: marketing attribution improves ROI by 15% [97]
Salsify: 87% of consumers want product content that is personalized to their needs [98]
Nielsen: paid search is 2.1x more effective than paid social for conversion [99]
Google: brand lift can be measured and is statistically significant in many cases; average lift reported at 6% for measured campaigns (industry average) [100]
Facebook: advertisers can measure incremental lift; Meta reports average lift from Brand Lift studies of around 11% (reported) [101]
TikTok: advertisers can see conversion lift; TikTok reports average lift of 30% in some case studies (varies) [102]
Deloitte: customer experience improvements can lead to revenue increase of 10% or more (reported) [103]
Epsilon: 80% of consumers are more likely to buy from a brand that provides personalized experiences [104]
Epsilon: 90% of consumers find personalization appealing [104]
Section 05
Sustainability, Ethics & Brand Trust
Sustainable apparel: 66% of consumers are willing to pay more for sustainable brands (Nielsen) [105]
IBM: 57% of global consumers say they would change shopping habits to reduce environmental impact [41]
IBM: 70% of consumers are willing to pay more for sustainable brands when benefits are clear [41]
McKinsey: fast fashion clothing use is declining; consumers now keep clothing longer (reported median by survey) [106]
Fashion Revolution: 5.6% transparency score; 2024 report by Fashion Transparency Index average across brands was 64.0 (index scale) [107]
Fashion Transparency Index: no brand scored 100; highest score was 96 in 2022 (reported) [107]
Textile Exchange: preferred cotton share reached 25% in 2023 (industry statistic for preferred cotton) [108]
Textile Exchange: organic cotton share was 3.1% in 2023 [108]
Textile Exchange: Better Cotton share was 22.0% in 2023 [108]
Higg FEM: companies reporting on environmental footprint; (industry) median score 3.0/5 (reported) [109]
Textile Exchange: recycled cotton supply rose to 21% CAGR (reported) [110]
Global Fashion Agenda and BCG: fashion industry has set a target of net-zero by 2050; (policy metric) 2030 target includes 30% emissions reductions (reported) [111]
UNEP: textile sector accounts for 4% of global greenhouse gas emissions [112]
UNEP: the sector uses 79 trillion liters of water per year (reported) [112]
Ellen MacArthur Foundation: 20% of wastewater is from textile dyeing and treatment [113]
Ellen MacArthur Foundation: clothing production nearly doubled from 2000 to 2015 [113]
World Bank: 85% of textiles are not recycled (reported) [114]
World Bank: 1.0 million tonnes of textiles waste generated in US per year (reported figure) [115]
EU Commission: minimum share of recycled textiles in clothing collection is targeted for 2030 under strategy (policy target) [116]
EU: Extended producer responsibility (EPR) requirement is proposed (marketing-relevant) [116]
Transparency is a key: 73% of consumers say they consider a company’s sustainability claims important (Nielsen) [117]
In a PwC survey, 73% of consumers say they would be willing to put their money where their mouth is regarding sustainability [118]
PwC: 77% of consumers believe sustainable products are better for the environment [118]
Edelman Trust Barometer: 61% of people say they need to trust a brand to buy [119]
Edelman: 50% of people expect brands to take action on societal issues [119]
HBR: Greenwashing concerns: consumers are skeptical of environmental claims; 73% of consumers say greenwashing is a problem (survey) [120]
ACCA: 59% of investors consider nonfinancial reporting important for decision-making [121]
CDP: investor requests for climate data; (reported) 70% of largest companies disclose climate data via CDP (varies by year) [122]
EU: Green Claims Directive proposal to reduce greenwashing aims to make claims verifiable (policy) [123]
US FTC: over 3 years, FTC has brought numerous cases for deceptive sustainability claims (enforcement count) [124]
GOTS certified organic textiles reached 100 countries (reported) [125]
Textile Exchange: number of cotton farms certified under organic/other standards was 2.5 million (reported) [108]
B Corp: B Lab reports over 6,000 B Corporations worldwide (including apparel brands) [126]
References
Footnotes
- 1thinkwithgoogle.com×8
- 3blog.hootsuite.com
- 4facebook.com×2
- 6tiktok.com×2
- 7business.twitter.com
- 8business.linkedin.com
- 9the-dma.org
- 10wordstream.com×3
- 12semrush.com
- 13searchenginejournal.com×2
- 15backlinko.com×3
- 18blog.hubspot.com×4
- 20contentmarketinginstitute.com
- 21warc.com
- 22later.com
- 23newsroom.tiktok.com×2
- 24about.instagram.com
- 27shopify.com×3
- 28mckinsey.com×4
- 29twilio.com
- 30salesforce.com
- 31hbr.org×2
- 32bain.com×2
- 33www2.deloitte.com×2
- 36nielsen.com×5
- 37brightlocal.com
- 38powerreviews.com
- 39wundermanthompson.com
- 41ibm.com
- 42globaldata.com
- 43klarna.com
- 46bazaarvoice.com
- 47stackla.com
- 48criteo.com×2
- 49baymard.com
- 50imarcgroup.com
- 51fortunebusinessinsights.com×2
- 52globenewswire.com×2
- 53statista.com×4
- 54digitalcommerce360.com
- 56iab.com
- 58emarketer.com×2
- 59businessofapps.com×3
- 62meta.com
- 64youtube.com
- 67researchandmarkets.com
- 68marketsandmarkets.com×2
- 71insiderintelligence.com×4
- 73fred.stlouisfed.org
- 75worldbank.org×4
- 76unctad.org
- 80pages.stern.nyu.edu
- 84unbounce.com
- 85optimizely.com
- 86moengage.com
- 87adobe.com
- 90klaviyo.com
- 91omnisend.com
- 92mailchimp.com
- 95forrester.com
- 96gartner.com
- 98salsify.com
- 100support.google.com
- 104epsilon.com
- 107fashionrevolution.org
- 108textileexchange.org×2
- 109apparelcoalition.org
- 111globalfashionagenda.com
- 112unep.org
- 113ellenmacarthurfoundation.org
- 116environment.ec.europa.eu
- 118pwc.com
- 119edelman.com
- 121accaglobal.com
- 122cdp.net
- 123commission.europa.eu
- 124ftc.gov
- 125global-standard.org
- 126bcorporation.net