Fashion Industry Statistics 2025 United States. Global Fashion Industry in Numbers Explore fashion industry statistics for 2025, revealing key market trends, digital innovations, and consumer behavior insights to shape the future of retail. The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion's data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead
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Fashion Industry Statistics: The fashion industry is estimated to increase from $31.58 billion in 2021 to $40.84 billion by 2025. The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion's data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead
Global Fashion Industry Statistics 2025 Lincoln Monroe
Meanwhile, people in the United States spend $844 per person on clothes, with an average of 53 items purchased per capita.. The ninth annual State of Fashion report by McKinsey & Company and BoF Insights, The Business of Fashion's data and advisory team, reveals that economic and geopolitical challenges, combined with shifts in customer values, will define a turbulent year ahead Smaller increases of 1.9% and 1.8% have been forecast for 2026 and 2027, respectively
39 ThoughtProvoking Fashion Industry Statistics [The 2024 Outlook]. Smaller increases of 1.9% and 1.8% have been forecast for 2026 and 2027, respectively Meanwhile, people in the United States spend $844 per person on clothes, with an average of 53 items purchased per capita..
28 Clothing Industry Statistics To Know [May 2024 Update]. Top Fashion Industry Statistics 2025 (Top Findings) In 2025, the global fashion market is expected to be worth $1.84 trillion, accounting for 1.63% of the world's GDP. US fashion industry sales statistics show that the sector is set to continue growing year on year until at least 2027