Key Insights
Essential data points from our research
The global women's apparel market size was valued at approximately USD 965.3 billion in 2022
The women's apparel market is expected to grow at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2028
Revenue in the Women's Apparel segment worldwide is projected to reach US$0.94tn in 2024
56% of women say they are willing to pay more for sustainable clothing brands
The average American woman spends approximately $1800 to $2000 on apparel annually
75% of Gen Z female consumers state that sustainability is extremely important to them when buying clothes
E-commerce accounted for approximately 35% of total fashion sales in the US in 2023
The share of mobile commerce in online fashion sales is expected to reach 65% by 2025
Social commerce sales in apparel are projected to reach $80 billion in the US by 2025
The global secondhand apparel market is expected to reach $350 billion by 2027
Resale is growing 11 times faster than traditional retail in the women's apparel sector
The fashion industry is responsible for 8-10% of global carbon emissions mostly from production
The global women's athleisure market size was estimated at USD 158 billion in 2022
The global lingerie market is projected to reach $78.6 billion by 2027
The global plus-size women's clothing market is expected to reach $261 billion by 2027
Consumer Behavior
- 56% of women say they are willing to pay more for sustainable clothing brands
- The average American woman spends approximately $1800 to $2000 on apparel annually
- 75% of Gen Z female consumers state that sustainability is extremely important to them when buying clothes
- 40% of women admit to purchasing clothing they never wear
- 74% of female consumers rely on social media influencers for fashion inspiration before purchasing
- Women return approximately 20-30% of apparel purchased online primarily due to fit issues
- 60% of women have utilized Buy Now Pay Later services for apparel purchases in the last year
- Millennial women are the largest demographic consumer of online apparel accounting for 38% of spend
- 80% of women check the price tag before looking at the item details when shopping in-store
- Impulse buying accounts for nearly 40% of all women's fashion purchases
- 55% of women prefer to shop for clothes via mobile apps rather than mobile browsers
- Brand loyalty in women's apparel has dropped with 45% of consumers willing to switch brands for a better deal
- 33% of women consider "comfort" the most important attribute when buying clothing post-pandemic
- 25% of female shoppers wait for sales events like Black Friday to make major wardrobe updates
- Women aged 45-54 have the highest average transaction value in luxury apparel
- 62% of women say they have stopped buying from a brand due to poor customer service
- Over 50% of women research product reviews online before buying a garment in-store
- 88% of consumers say authenticity is a key factor when deciding what brands to support
- 42% of women participate in "wardrobing" (buying wearing once and returning) at least once
- Gen Z women are 3x more likely to purchase a product from a brand with a strong social cause
Interpretation
Women are spending heavily on apparel but demanding sustainability, comfort and authenticity—Gen Z will pay more for causes while influencers, mobile apps and BNPL fuel impulse buys that often end up returned or "wardrobed", so brands that miss on fit, price, service or reviews will lose loyalty and watch shoppers wait for sales.
E-commerce & Digital
- E-commerce accounted for approximately 35% of total fashion sales in the US in 2023
- The share of mobile commerce in online fashion sales is expected to reach 65% by 2025
- Social commerce sales in apparel are projected to reach $80 billion in the US by 2025
- Online channels will account for 40% of the global luxury apparel market by 2025
- 43% of fashion e-commerce traffic comes from organic search
- The conversion rate for women's apparel online averages between 1.5% and 2.5%
- Amazon surpassed Walmart as the number one apparel retailer in the US with significant share in women's basics
- Virtual try-on adoption is expected to decrease return rates by up to 64%
- Approximately 20% of online apparel sales are now influenced by AI-driven product recommendations
- Shein became the most downloaded shopping app in the US in 2022 overtaking Amazon
- Live stream shopping for fashion is projected to account for 20% of all e-commerce sales by 2026
- Subscription box services for women's apparel dropped by 10% in active subscribers in 2023 due to economic tightening
- 72% of fashion brands have invested in digital showrooms or 3D sampling technology
- Cart abandonment rates for women's apparel sites are approximately 78%
- Third-party marketplaces account for 50% of global online apparel sales
- 3D body scanning technology market for apparel fitting is expected to reach $3 billion by 2025
- Email marketing ROI for women's apparel remains high at $40 for every $1 spent
- Personalization in e-commerce can lift apparel revenues by 10-15%
- Over 80% of fashion brands plan to increase spending on digital marketing over the next 3 years
- Cross-border e-commerce in fashion grew by 15% in 2022
Interpretation
With e-commerce responsible for about 35% of US fashion sales and mobile commerce poised to claim 65% of online fashion by 2025, the women's apparel market is being remade on screens: social commerce is heading toward $80 billion and live-stream sales toward 20% of e-commerce by 2026; marketplaces account for half of global online apparel and platforms such as Amazon and Shein now dominate traffic and downloads while organic search still drives 43% of e-commerce visits; yet brands contend with roughly 78% cart abandonment and 1.5 to 2.5% conversion rates even as AI-driven recommendations influence about 20% of purchases, virtual try-on and 3D body scanning, a market expected to reach $3 billion by 2025, could cut returns by up to 64%, email marketing delivers about $40 for every $1 spent and personalization can lift revenues 10 to 15%, 72% of brands have invested in digital showrooms or 3D sampling and over 80% plan to increase digital marketing spend while subscription boxes fell 10% and cross-border fashion grew 15%, so the imperative is clear: adopt smarter tech-enabled experiences or be left on the clearance rack.
Market Size & Growth
- The global women's apparel market size was valued at approximately USD 965.3 billion in 2022
- The women's apparel market is expected to grow at a compound annual growth rate (CAGR) of 3.5% from 2023 to 2028
- Revenue in the Women's Apparel segment worldwide is projected to reach US$0.94tn in 2024
- The United States generates the highest revenue in the women's apparel segment topping $186 billion in 2023
- The luxury women's ready-to-wear market was valued at over $55 billion globally in 2022
- Asia Pacific held the largest revenue share of over 33% of the global women's wear market in 2022
- The global fast fashion market which is predominantly women's wear was valued at $106 billion in 2022
- By 2027 the global women's wear market is projected to reach a volume of 1.2 trillion U.S. dollars
- Volume in the Women's Apparel segment is expected to amount to 85.9 billion pieces by 2028
- The European women's wear market is anticipated to grow by approximately 3.2% annually through 2026
- China's women's apparel market revenue is projected to exceed $150 billion by 2025
- The global denim jeans market for women is expected to reach $47 billion by 2026
- The modest fashion market largely driven by women's wear is projected to reach $311 billion by 2024
- India's women's apparel market is projected to be one of the fastest growing at a CAGR of over 10% through 2025
- The top 20 players in the global apparel market account for 97 percent of global economic profit
- The UK women's clothing market was valued at approximately £27 billion in 2022
- Inflation caused a 2% volume decline in global apparel sales despite revenue growth in 2023
- Physical stores still account for nearly 65% of total women's apparel revenue globally despite e-commerce growth
- The global accessories market for women is projected to reach $500 billion by 2028
- The women's coats and jackets market is expected to reach $75 billion by 2025
Interpretation
The global women's apparel market is a near trillion dollar behemoth expected to grow roughly 3.5 percent annually to about $1.2 trillion by 2027, with 2024 revenue near $940 billion; the United States leads at roughly $186 billion while China is set to exceed $150 billion and Asia Pacific accounts for more than a third of sales; niche segments matter too, with luxury ready-to-wear around $55 billion, fast fashion about $106 billion, modest fashion surging toward $311 billion, denim near $47 billion, accessories projected at $500 billion by 2028 and coats and jackets approaching $75 billion by 2025; India is one of the fastest growing markets at over 10 percent CAGR, Europe is growing near 3.2 percent through 2026 and the UK market is about £27 billion; yet inflation shaved volumes by 2 percent even as revenues rose in 2023, nearly 65 percent of sales still happen in physical stores, and consolidation is stark with the top 20 players capturing 97 percent of global economic profit.
Production & Segments
- The global women's athleisure market size was estimated at USD 158 billion in 2022
- The global lingerie market is projected to reach $78.6 billion by 2027
- The global plus-size women's clothing market is expected to reach $261 billion by 2027
- Polyester fiber production for apparel reached 60 million metric tons in 2022
- The women's swimwear market is anticipated to grow to $29 billion by 2025
- The global maternity wear market is projected to be worth USD 24 billion by 2028
- China produces approximately 65% of the world's clothing and shoes
- The shapewear market is expected to grow at a CAGR of 7.7% reaching $3.8 billion by 2028
- 80% of current apparel manufacturing is concentrated in Asia
- The luxury handbag segment alone is valued at over $62 billion globally
- Leggings account for 25% of all activewear bottoms sold globally
- The bridal wear market is estimated to value at $73 billion by 2024
- Vietnam exports approximately $30 billion worth of textiles and garments annually mostly to the US and EU
- The average time from design to shelf in fast fashion production is now just 25 days
- Women's suits and ensembles market is growing at a CAGR of 4.8% due to return-to-office trends
- Cotton prices fluctuated by over 40% in 2022 impacting production costs for basics
- The global women's footwear market is valued at approximately $160 billion
- Seamless clothing technology market is projected to reach $1.5 billion by 2026
- The sleepwear and loungewear market grew by 20% during 2020-2021 and stabilizes at $30 billion
- Bangladesh remains the second largest apparel producer in the world with $42 billion in exports in 2022
Interpretation
From a $158 billion athleisure boom and a projected $261 billion plus-size market to 60 million metric tons of polyester and Asia’s roughly 65 to 80 percent share of production, the women's apparel industry looks like a high-speed treadmill of massive opportunity, material and supply-chain risk, and urgent demand for inclusive, tech-driven and sustainable solutions.
Sustainability & Ethics
- The global secondhand apparel market is expected to reach $350 billion by 2027
- Resale is growing 11 times faster than traditional retail in the women's apparel sector
- The fashion industry is responsible for 8-10% of global carbon emissions mostly from production
- Less than 1% of used clothing is recycled into new garments
- 60% of all materials used by the fashion industry are made from plastic (polyester, acrylic)
- Extending the life of a garment by just nine months reduces its carbon footprint by 30%
- The online clothing rental market is expected to reach $2.5 billion by 2025
- 35% of women say they have bought second-hand clothing in the last 12 months
- Approximately 92 million tonnes of textile waste is created annually by the fashion industry
- Water consumption for the fashion industry is projected to increase by 50% by 2030
- 48% of major apparel brands have now published a list of their first-tier manufacturers
- Vinted the European resale app reached a valuation of €3.5 billion in 2021
- Production of organic cotton accounts for less than 1% of global cotton production
- 30% of consumers avoid brands that have been involved in labor scandals
- The number of items listed on Depop increased by over 200% between 2019 and 2021
- 15% of fashion brands have committed to specific biodiversity targets
- EU regulations will require all textile products to have a Digital Product Passport by 2030
- 73% of apparel workers worldwide are women often facing wage inequality
- Upcycling fashion trends saw a 400% increase in search volume on Pinterest in 2022
- Sustainable vegan leather market specifically for handbags and shoes is set to hit $89 billion by 2025
Interpretation
Consumers are embracing resale — the secondhand market is on track for $350 billion by 2027 as rentals and apps boom — but fashion still drives 8–10% of global carbon, churns out about 92 million tonnes of textile waste a year, uses plastic for 60% of its materials while recycling less than 1% of used clothes into new ones, and leaves 73% of apparel workers, mostly women, vulnerable, so unless brands move beyond green hype and commit to real circular systems, labor justice and the transparency the EU is forcing with Digital Product Passports by 2030, we’ll just be swapping wardrobes while the planet foots the bill.
References
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