Global fashion industry statistics - International apparel

General data

Population: 7.84 billion (in 2021) Source: World Bank Open Data, July 2022
Labor force: 3.45 billion (in 2021) Source: World Bank Open Data, 2022
Unemployment rate: 5.9% *2022 global estimate. Source: International Labour Organization (Ilostat)
GDP per capita (PPP): 16,300 US dollars 12,262.9 US$ (in 2021). Source: World Bank Open Data, July 2022

The United States and China: largest economies and the largest apparel retail markets in the world

The ten largest economies in the world as measured by nominal GDP are the United States , China, Japan, Germany, United Kingdom, India, France, Italy, Canada and South Korea.

The US accounts for 24.67% of the total global economy, China has a share of 17.39%, Japan a share of 5.97%, Germany a share of 4.54% and the UK makes up 3.26%. Source: Investopedia article, based on The World Bank data GDP 2020. Last updated in June, 2022 .

The largest retail markets in the world are China, the US, the United Kingdom, Germany and Japan (more about that in the next paragraph ‘The Global Apparel Market). In 2021. Source: Euromonitor International, a market research provider

China and the US also play a significant role in international trade. China is the largest exporter worldwide of clothing and the US is second largest importer (more about that in the paragraph ‘Trade Textiles & Clothing Worldwide: Export & Import’). Source: Statista, March 2022 & World Trade Statistical Review 2021 Report, from the World Trade Organization (WTO)

The Global Apparel Market

Fashion is one of the biggest industries in the world

“Fashion is one of the world’s most important industries, driving a significant part of the global economy. It is one of the key value-creating industries for the world economy. If it were ranked alongside individual countries’ GDP the global fashion industry would represent the seventh-largest economy in the world,’' stated McKinsey in its State of Fashion 2017 report. Source: McKinsey State of Fashion 2017 report, McKinsey & BoF, in 2016.

Revenue: $1.7 trillion dollar industry (2021)

Before the Covid-19 pandemic, the fashion industry global revenue was estimated between $1.7 trillion and $2.5 trillion according to two different research reports by Euromonitor and McKinsey.

Source: Euromonitor International, a market research provider & McKinsey report ‘State of Fashion 2022: An uneven recovery and new frontiers’. Source: McKinsey analysis 2019

The Covid-19 pandemic has affected the fashion industry

According to Euromonitor the global apparel and footwear market size shrunk in 2020 by -18.1% (to $1.45 trillion), while McKinsey states that the fashion and apparel industry suffered a 20% decline in revenues for the 2019-2020 fiscal year.

Source: Euromonitor, June 2021 & McKinsey report State of Fashion 2022: An uneven recovery and new frontier, December 2021

Post-Covid-19 Retail: Revenge Shopping

After lockdown restrictions were lifted in many parts of the world, consumers headed back to the stores. With that the fashion industry returned to pre-pandemic levels.

According to Euromonitor, the global apparel and footwear industry grew by 18.1% at current prices in 2020-2021, to $1.71 billion dollars in market size (retail value USD million) in 2021.

The world’s apparel retail market is expected to enjoy a 7.5% growth in 2021-2022 to $1.84 billion dollars in 2022 and a 6.1% growth in 2022-2023 to $1.95 billion dollars in 2023. Source: Euromonitor International, a market research provider

Worldwide Apparel & Footwear Market Size

*Retail Value RSP USD million

2019 2020 2021 2022 forecast 2023 forecast
1,773,406.9 1,453,277.5 1,716,952.2 1,846,222.0 1,959,592.1

Source: Euromonitor International, a market research provider

Worldwide Apparel & Footwear Market Size

*Year on year growth (%)

2019-2020 2020-2021 2021-2022 forecast 2022-2023 forecast
-18.1% 18.1% 7.5% 6.1%

Source: Euromonitor International, a market research provider

Largest Apparel and Footwear Markets Worldwide (2021)

The United States and China account for the majority of the global apparel demand. You find the five markets with the highest market size in 2021 in USD million below.

China 427,153.9
USA 364,136.6
United Kingdom 70,734.8
Germany 69,957.3
Japan 65,764.0

Source: Euromonitor International, a market research provider

Key Apparel Markets

Revenue generated from the women’s apparel market is much higher than that of men’s or children’s apparel. In 2018, womenswear made up more than half (53%) of global fashion retail spending. Spending on menswear accounted for 31% and childrenswear for 16%. States Common Objective in article in 2018, based on data from Market research provider, Euromonitor International.

Trade Textiles & Clothing Worldwide: Export & Import

World merchandise exports of manufactured goods were affected by the Covid-19 pandemic in 2020: the annual percentage change was -5.2% in total. Clothing saw a -9.1% decline in 2020, while textiles saw a strong increase of +16%, due to the demand for protective personal equipment.

*WTO estimates. Source: World Trade Statistical Review 2021 Report, from the World Trade Organization (WTO)

China is the largest exporter of textiles and clothing worldwide and the EU is the largest importer of these goods

More detailed information in the table below.

Top 10 exporters and importers of TEXTILES, 2020
Value 2020 billion dollars Share in world exports/imports 2020 Annual percentage change 2020
Exporters
China (1) 154 43.5 29
European Union 64 18.1 -3
India 15 4.2 -12
Turkey 12 3.3 -1
United States of America 11 3.2 -15
Vietnam 10 2.8 11
Korea, Republic of 8 2.2 -15
Pakistan 7 2.0 -8
Chinese Taipei 7 2.0 -17
Japan 6 1.6 -14
Importers
European Union 87 24.3 29
United States of America 45 12.6 44
Vietnam 16 4.4 -8
China 14 3.9 -10
Japan 12 3.3 34
United Kingdom 11 3.0 52
Bangladesh 9 2.5 -17
Canada 6 1.8 41
Korea, Republic of 6 1.6 9
Indonesia 5 1.5 -21
Top 10 exporters and importers of CLOTHING, 2020
Value 2020 billion dollars Share in world exports/imports 2020 Annual percentage change 2020
Exporters
China (1) 142 31.6 -7
European Union 125 27.9 -8
Vietnam 29 6.4 -7
Bangladesh 28 6.3 -15
Turkey 15 3.4 -6
India 13 2.9 -24
Malaysia 10 2.2 73
United Kingdom 8 1.9 -7
Hong Kong, China 8 -33
Indonesia 8 1.7 -12
Importers
European Union 168 34.1 -7
United States of America 86 16.8 -14
Japan 82 5.3 -12
United Kingdom 26 5.3 -1
Canada 10 2.1 -6
Korea, Republic of 10 2.0 -12
China 9 1.9 6
Switzerland 8 1.6 4
Hong Kong, China 8 -31
Russian Federation 8 1.6 -5

Source: World Trade Statistical Review 2021 Report, from the World Trade Organization (WTO)

Fashion Companies

To cater to the large, 3,000 billion, textile and garment industry new companies are entering the market every day. Most of these companies remain rather unknown to the consumer audience, better known are the individual brands that are part of these global fashion companies.

Leading clothing companies worldwide by market capitalization (2022)

In March 2022, The LVMH Group was by far the clothing company with the highest market capitalization, at approximately $367 billion dollars. This was over 150 billion dollars more than Nike, the company in second place, with a market cap of $216 billion dollars. Dior came in third with a market cap of $124 billion dollars, followed by Inditex with a market cap of $81 billion dollars, TJX Companies with a market cap of $79 billion dollars, Fast Retailing with a market cap of $55 billion dollars, Adidas with a market cap of $45 billion dollars, Lululemon Athletica with a market cap of $41 billion dollars, Ross Stores with a market cap of $32 billion dollars and H&M closes the top ten with a market cap of $27 billion dollars. Source: Statista, Clothing companies with the greatest market capitalization worldwide as of March 2022, March 2022

Leading clothing companies with the highest brand value (2021)

Sportswear giant Nike claimed the title of the world’s “most valuable” apparel brand for the seventh year in 2021. Nike maintains a considerable lead over Gucci in second place, which has a brand value of 15.6 billion dollars, down 12 percent from 2020. Its noteworthy that the total value of the world’s top 50 most valuable apparel brands has declined by 8% as the sector negotiates fallout from Covid-19 pandemic.

Brand Brand value US$ %
Nike 30.4 billion -12,5%
Gucci 15.6 billion -11,5%
Louis Vuitton 14.8 billion -9.8%
Adidas 14.3 billion -13%
Chanel 13,2 billion -3.4%
Zara 13,1 billion -9.8%
Uniqlo 13,0 billion +1,5%
H&M 12,3 billion -10.8%
Cartier 12,0 billion -19.5%
Hermes 11,6 billion -2.1%

Coach is the sector’s fastest falling brand, brand value down 31 percent. Rolex is world’s strongest apparel brand.

Source: the Brand Finance Apparel 50 2021 report, April 2021.

The World’s Most Valuable Brands (2020)

Louis Vuitton is ranked the best performing fashion brand on position 9 of all brands (not only fashion) worldwide with a brand value of $47.2 billion dollars. Nike comes second, number 13 worldwide, with a brand value of $39.1 billion. Other fashion brands/companies in the Top 50 of valuable brands are Gucci on position 31 with a brand value of $22.6 billion, Hermès at number 32 with a brand value of $21.6 billion, and Zara on position 41 with a brand value of $14.7 billion. On position 51 you find Adidas with a brand value of $12.9 billion, followed by Chanel on 52 with a brand value of $12.8 billion. H&M is on position 76 with a brand value of $10.4 billion and Uniqlo on 84 with a brand value of $9.2 billion.

Source: Forbes’ 2020 list of the World’s Most Valuable Brands—which looks at the top 100 companies from fiscal year 2019

Fashion’s hottest brands (Q1 2022): Gucci & Balenciaga

Spanish luxury fashion house Balenciaga has retained its spot as the hottest brand on the planet in the first quarter of 2022 according to the latest Lyst Index. Another stable name was that of Italian luxury brand Gucci, which was again in second place in the first quarter of the year. French label Louis Vuitton moved up one spot to third place. In this same quarter the brand presented its final show by late menswear fashion director Virgil Abloh. The 17 hottest brands in the top 20 were Prada, Valentino, Dior, Moncler, Bottega Veneta, Fendi, Miu Miu, Off White, Burberry, Loewe, Versace, Diesel, Rick Owens, Adidas, Saint Laurent, Nike, and Alexander McQueen.

<Source: Lyst Index

Labor Force

The clothing, textile and footwear industries together are incredibly labour-intensive.

Different sources name various numbers when estimating the amount of people that work in the garment industry. According to the International Labour Organisation, there are more than 60 million workers around the globe in the textiles, clothing, leather and footwear industries. This implies that this number is limited to people that work in textile and apparel production.The Ellen MacArthur Foundation states that globally, the clothing industry employs more than 300 million people along the value chain, which can be understood to also include people that work in design, distribution and retail divisions of the fashion industry.

Source: Ellen MacArthur Foundation & International Labour Organisation, 2019

In Europe, there are 1.3 million people employed in the textile and clothing industry at 143,000 companies. 537,482 people work in textiles and 760,637 in clothing. *2021 estimates. Source: Report Facts & Key figures 2022 of the European Textile and Clothing Industry by Euratex, June 2022.

Global apparel production & consumption

Production

The global fashion industry produces more than 100 to 150 billion items of clothing per year.

Sources: more than 100 billion according to McKinsey & the Ellen MacArthur Foundation. The World Economic Forum & ShareCloth state that 150 billion garments are produced in a year.

The number of garments produced annually has doubled since 2000 and exceeded 100 billion for the first time in 2014.

Source: McKinsey, article ‘Style that’s sutainable: A new fast-fashion formula, October 2016.

Global apparel consumption: How many new clothes are bought each year?

Clothing consumption has grown explosively over the past 20 years. Fashion consumers buy over 80 billion new pieces of clothing every year. This is over 400% more than what we consumed just two decades ago.

Source: website True Cost, a documentary film exploring the impact of fashion on people and the planet that was released in 2015.

In 2016 approximately 107 billion units of apparel and 14.5 billion pairs of shoes were purchased worldwide. That amounts to every single individual on the planet buying roughly 13 garments and 2 pairs of shoes every year.

In an article from Common Objective CO Data ‘Volume and Consumption: How Much Does The World Buy?’, May 2018. Based on data from Euromonitor International

If that seems like a lot, then keep in mind that this number also includes millions of people in extreme poverty who struggle to make ends meet, let alone buy any new clothes. Then you start to realise that in reality a far smaller amount of people are actually buying much, much more.

In 2021, people consumed 16.7 units of apparel & footwear on average worldwide, spending $220,7 dollars on average.

Worldwide consumption Apparel & Footwear
2019 2020 2021 2022 forecast 2023 forecast
Units per capita (retail volume) 17.2 15.4 16.7 17.2 17.6
Total spend per capita (retail value per capita in USD) 232.7 186.6 220.7 235.2 247.4

Source: Euromonitor International, a market research provider

Which countries consume the most?

Number of apparel units purchased per country in 2017: China (40 billion units), the US (17 billion), India (6 billion), Japan (3.3 billion), Brazil (2.3 billion), Germany (2.2 billion), UK (2.1 billion), Russia (2 billion), France (1.5 billion) and Italy (1.3 billion). The rest of the world consumed 26 billion units in 2017.

Source: Common Objective CO Data in the article ‘Volume and Consumption: How Much Does The World Buy?’, May 2018. Based on data: ‘Number of apparel units purchased per country, 2017 from Market Research Provider, Euromonitor International.

(You find the 5 markets with the highest market size in 2021 in USD million in the second paragraph ‘The Global Apparel Market’)

Apparel consumer purchasing habits across the globe

Which country spends the most on clothes? How many new items are purchased per person? What is the average value per item?

Country Value spent per person Items purchased per person Average value per item
USA $844 53 $16.04
UK $889 33 $27.33
Brazil $117 11 $10.49
Norway $1150 12 $28.26
Egypt $27 2 $12.63
India $34 5 $7.01
China $198 30 $6.73
Vietnam $24 2 $9.81
Japan $547 26 $20.99

In an article from Common Objective CO Data ‘Volume and Consumption: How Much Does The World Buy?’, May 2018. Based on data ‘Number of apparel units purchased per country, 2017 from Market Research Provider, Euromonitor International

Estimated Consumer Spending in the world

Worldwide consumer spending on clothing and footwear amounts to an estimated $2,032,403.47 million dollars 2021. By 2025, that could amount to an estimated $2,571,939.42 million dollars.

Source: Statista, July 2021.

Average Expenditure on Clothing and Footwear

US households spent 3.5% of their annual expenditures on apparel, footwear and related products in 2010 which amounts to $1700 dollar on average.

Source: Consumer Expenditure Survey, US Bureau of Labor Statistics, published in 2012.

In 2020 Europeans spent 4.1% of their total household expenditure on clothing and footwear. Europeans spend on average €490 per year on their clothes.

Source Eurostat & Report Facts & Key figures 2022 of the European Textile and Clothing Industry van Euratex, June 2022. Data: EU household consumption of clothing in 2020. EUR at current prices, per capita, Eurostat

The average wardrobe contains approximately 148 items.

Source: CapsuleWardrobeData.com, based on an Instagram research in July- September 2020 with 86 respondents from around the world.

Yet, despite owning large quantities of fashion items, people do not wear at least 50 percent of their wardrobes.

Source: A study with 18,000 heads of households in 20 countries, conducted by relocation and removals company Movinga, 2018

How much are people willing to pay for fashion?

What US women want to pay for their clothing Prices in US dollars ($)

Mass market Premium market Luxe market
Trench Coat 80-90 275-300 900-1000
Classic White shirt 30-40 75-100 300-400
Skinny Jeans 70-80 175-200 100-200
Ankle boots 40-50 225-250 400-500
Midi dress 40-50 2250-250 300-400
Yoga Pants 40-50 75-100 75-100

Source: Retail market intelligence platform Edited, 2017.

E-commerce

General

Online shopping has been growing for years. People buy more and more via the internet.

Revenue

In 2020 e-commerce sales globally jumped to $4.2 trillion and the global trend continued in 2021, causing online sales to culminate in an estimated 2.14 billion online shoppers worldwide, and $4.9 trillion in revenue.

Global ecommerce sales are expected to reach a total $5.5 trillion worldwide in 2022. It’s forecasted that the global online retail sales will exceed $7 trillion dollars by 2025.

Source: Shopify, April 2022 & Manaferra.com Ecommerce Data 2022.

Online sales: 19.6% piece of the retail pie

In 2021, e-commerce accounted for nearly 20 percent of retail sales worldwide. Forecasted is that in 2022 that share will be 21%, and in 2025 the online segment will make up close to 25% of total global retail sales.

Sources: Manaferra.com Ecommerce Data 2022 & Statista 2022 May 2022.

Global Ecommerce Sales: Largest Contributors

Countries with the highest e-commerce revenue are China, US, Japan, the UK and Germany.

Source: Manferra Ecommerce Data 2022 & Shopify, April 2022.

E-commerce in Fashion

Fashion E-commerce Segment with the most users: Apparel

‘Clothing’ was top online segment for global consumers in 2021 for online, both locally and cross-border. The online apparel market grew fas ter year on year in 2020 amid the Covid-19 pandemic compared to the years before.

Source: Global Clothing B2C E-Commerce Market report 2021, by Research and Markets, December 2021.

Revenue Global Fashion E-commerce Market: $668 billion in 2021

The Global Fashion E-Commerce Market is valued at $668.1 billion dollars in 2021.

Sources; Source: Fashion E-commerce Global Market Report 2022, Research and Markets, May 2022 &.,Statista, May 2022.

The accessories segment of the global e-commerce fashion market generated a revenue around $261.5 billion dollars in 2021. The footwear market had a revenue of around $122 billion dollars in 2021.

Source: Statista, April 2022.

The e-commerce fashion industry is expected to grow to $744.4 billion dollars in 2022.

Source: Fashion E-commerce Global Market Report 2022, Research and Markets, May 2022.

Statista estimates that the online clothing and apparel industry will reach a value of 1.2 trillion U.S. dollars by 2025, Research and Markets expects the e-commerce fashion industry will grow to $1.1 trillion dollars in 2026.

Sources; Source: Fashion E-commerce Global Market Report 2022, Research and Markets, May 2022 &.,Statista, May 2022.

The top visited websites for purchasing apparel online

In 2021, the top-visited websites for purchasing apparel online were reportedly Amazon and Shein. Asos also topped the popularity chart in the UK, while Target closely followed Amazon in the US. In Germany, online-only retailers Zalando and Zooplus were among the most used.

Source: Global Clothing B2C E-Commerce Market report 2021, by Research and Markets, December 2021

Online and offline share of total fashion retail sales worldwide

Of overall fashion retail sales worldwide, nearly 21 percent are online purchases. Source: Statista, April 2022.

Most shopping is done in-store

There are no global figures, but in the US 75 percent of all fashion purchases were pre-Covid-19 made in physical stores. Source: 2018 study consulting firm Oliver Wymann, based on interviews with 1500 across the US.

In 2014, the global online fashion retail sales were $253 billion dollars, 14% of total fashion sales. Source: Forrester, “Forrester Analytics: Online Fashion Retail Forecast, 2017 To 2022 (Global)”, November 2018.

Last update: July 2022.

Below you find Country facts and figures from 2018.

Country facts and figures

How many pieces of clothing are sold world wide? How many people work in the international fashion industry? What is the total sales of clothing in the world? This is the FashionUnited page with Facts and Figures about the global and US fashion industry. For facts and figures of the fashion industry in other countries and regions, see below.

The International fashion market is a leading industry well known for key players, such as Inditex, LVMH, H&M, Nike, VF Corporation, Richemont, Adidas, Fast Retailing, Abercrombie & Fitch, Prada, Gap, Dior, Urban Outfitters, Burberry.

For the real-time market value and other stock information on these companies, refer to the FashionUnited Top 100.

France

Population: 66.2 million
Labor force: 30.05 million
Unemployment rate: 9.9%
GDP per capita (PPP): $ 42,726

Domestic market value of fashion: $ 43.3 billion
Employment in fashion: 340,000

Fashion Statistics: France

Germany

Population: 80.9 million
Labor force: 42.0 million
Unemployment rate: 5.3%
GDP per capita (PPP): $ 47,627

Domestic market value of fashion: $ 83,6 billion
Employment in fashion: 340,000

Fashion Statistics: Germany

The Netherlands

Population: 16.9 million
Labor force: 9.0 million
Unemployment rate: 6.9%
GDP per capita (PPP): $ 52,139

Domestic market value of fashion: $ 16.5 billion
Employment in fashion: 87,910

Fashion Statistics: The Netherlands

Spain

Population: 46.8 million
Labor force: 23.3 million
Unemployment rate: 22.7%
GDP per capita (PPP): $ 29,863

Domestic market value of fashion: $ 31.1 billion

Fashion Statistics: Spain

United Kingdom

Population: 64.5 million
Labor force: 33 million
Unemployment rate: 6.3%
GDP per capita (PPP): $ 46,297

Domestic market value of fashion: $ 94.1 billion
Employment in fashion: 555,000

Fashion Statistics: United Kingdom

See also:

  • Apparel industry statistics - Colombia
  • Fashion industry facts - France
  • Modebranche facts and figures - Germany
  • Textile and apparel sector statistics - Netherlands
  • Clothing industry facts and figures in the United Kingdom
  • Apparel and textiles industry facts - India
  • Fashion statistics - Spain
  • Fashion retail industry statistics - Belgium
  • Apparel industry facts - Canada
  • Fashion industry facts and figures - Russia
  • Textile industry facts and figures - Switzerland
  • Garment retail facts and figures - Australia
  • Fashion industry facts and figures - New Zealand
  • Retail and textile industry facts and figures - Mexico
  • Apparel facts and figures - Peru
  • Clothing industry facts and figures - Argentina
  • Fashion industry facts and figures - Chile
  • Apparel industry facts and figures - China
  • Clothing industry facts and figures - Italy
  • Clothing industry facts and figures - Japan
  • Bangladesh Garment Industry statistics - Bangladesh
  • Chinese textile and garment statistics, export champion of the world - China
  • Vietnam’s garment industry is having its best time - Vietnam
  • Statistics fashion industry Indonesia - Indonesia

The fashion industry statistics pages are a product of FashionUnited Business Intelligence. For other data, such as the FashionUnited Top 100, the FashionUnited Facebook Index and the List of Richestest People in Fashion, refer to the FashionUnited Top 100.


Sources:

General data

Population: 327 million
Labor force: 161.0 million
Unemployment rate: 3.8%
GDP per capita (PPS): 62,500 US dollars

Market share of the fashion industry: 4 percent
Domestic market value of the fashion industry: 406 billion dollars
Employment in fashion-related industries: 1.9 million

New York: Fashion capital

New York City population: 8.55 million
New York City labor force: 4.2 million
Employment in fashion-related industries (NYC only): 185,000
Wages in the fashion industry (NYC only): 11 billion dollars
Fashion industry tax revenue (NYC only): 2 billion dollars
source: NYCEDC (US Census Bureau)

Employment

In the United States an estimated 1.8 million people are in employed in the fashion industry, among whom 232,000 in manufacturing textiles for apparel and other fashion items. (JEC Democratic, Bureau of Labor)

Average annual wages in fashion range from 26,440 dollars, for textile bleaching and dyeing machine operators, to 84,600 dollars for marketing and sales managers in fashion.

About 79 percent of all US employees in fashion work for apparel retailers. The average annual wage at such companies is 26,650 dollars. However in certain occupations the average wages are a lot higher. Marketing and sales managers at apparel retailers have the highest average annual wage of 84,600 dollars. Accountants and auditors receive an average annual pay of 69,960 dollar and buyers and purchasing agents get paid 56,550 dollars, on average.

A smaller amount, 145,000 employees accounting for 8 percent of all employees in fashion work in apparel wholesale and merchandising. The average annual wage in this sub industry is 52,350 dollars. However, some jobs pay less than the average wage. Graphic designers, for instance, receive wages around 48,320 dollars, whereas merchandise displayers and window trimmer receives 35,680. Jobs in production, planning and expediting, with average wages of 47,680, and in installation, maintenance and repair, with average annual wages of 43,430, also pay less than average within apparel wholesale merchandising.

Another 8 percent, 143,000 people are employed in the apparel manufacturing industry where the average annual wage is 34,110 dollars. However, there is a large range within this sub industry of fashion. Whereas computer occupations, such as information analysts, are paid the highest annual wage of 73,220 on average, textile bleaching and dyeing machine operators only receive 26,440 per annum. The wages for tailors, dressmakers and sewers are also in the low range with 27,510 dollars, on average. Maintenance and industrial machinery is paid around the average of this sub industry with annual wages of 36,610 dollars. Other jobs in the high compensation range are in fabric and apparel pattern making and market research and marketing. Respectively these occupations pay an average annual wage of 52,150 and 64,830 dollars.

Apart from the jobs listed before, the United States has room for around 18,000 fashion designers. Their average annual wage is 73,690 dollars, meaning that they receive over 30 dollars per hour.

Apparel manufacturing

  • 14.5 million in 1990
  • 13.1 million in 1995
  • 13.0 million in 2000
  • 24.8 million in 2014

Textiles

  • 19.7 million in 1990
  • 16.8 million in 1995
  • 13.5 million in 200
  • 33.0 million in 2014

Textiles and Clothing

  • 34.2 million in 1990
  • 29.9 million in 1995
  • 26.5 million in 2000
  • 57.8 million in 2014

Fashion companies

Some of the world’s largest fashion companies are based in the United States. Moreover, the currently largest fashion company globally, Nike, is American. Nike is an athleisure- and lifestyle brand with annual revenues of 30.6 billion and a market value of nearly a 105 billion dollars. Nike offers its products worldwide and its largest markets are the United States, accounting for 46 percent of the total revenues, and Western Europe (19 percent). Most of Nike’s income, nearly 94 percent, comes from the Nike brand. The remaining 6 percent comes from Converse, which is a subsidiary of Nike. The brand’s best selling division is footwear, accounting for 64 percent of Nike’s income.

With a market value of 54.5 billion dollars and 2015 annual sales of 30.9 billion dollars, TJX Companies is the second largest fashion company in the United States. TJX operates the majority of its stores in the United States and is best known for its fast-fashion brand T.J. Maxx. Its US sales account for 86 percent, with 26.7 billion dollars. The company is also active on the Canadian and European market with its brands T.K. Maxx, HomeSense, Winners and Marshalls.

The third largest fashion company in the United States is VF Corporation. VF owns several brands including Lee, The North Face, Timberland and Napapijri. In 2015 VF’s annual revenue rose to 12.4 billion dollars with most of its revenues coming from the Outdoors and Action Sports division. The brands The North Face, Vans and Timberland had combined sales of 7.4 billion dollars, accounting for nearly 60 percent of VF’s total income. Currently, VF corporation has a market value of 27.6 billion dollars.

Close to VF Corporation, with a market value of 25.3 billion dollars is L Brands. L Brands is the parent company of Victoria’s Secret and has most of its sales of 12.15 billion dollars, a near 93 percent, domestically. In fifth place of United States’’ largest fashion companies is sports brands Under Armour. The 20-year-old brand managed annual revenues of 4.0 billion dollars in 2015, with 3.45 billion dollar in North America alone. Under Armour is currently valued at 17.8 billion dollars on the New York Stock Exchange.

Consumer expenditure

In million US dollars

In percent

Imports & Exports(2016)

Exports of textiles and clothing: 22.9 billion dollars

The United States are not one of the largest exporters of fashion-related products in the world, however it still supplies a fair share of several textiles for fashion purpose to overseas markets. The largest export products among textile and clothing of the United States are:

Raw cotton: 4.41 billion dollars, 19 percent
Nonwoven textiles: 1.77 billion dollars, 8 percent
Cotton yarn of over 85 percent: 1.13 billion dollars, 5 percent
Artificial filament tow: 1.04 billion dollars, 4.5 percent
Synthetic fila ent yarn: 1.03 billion dollars, 4.5 percent

Exports of footwear and headwear: 1.14 billion dollar

Footwear, with leather body: 306 million dollars, 27 percent
Parts of footwear: 263 million dollars, 23 percent
Other headgear: 139 million dollars, 12 percent
Footwear, with textile body: 85.4 million dollars, 7.5 percent
Other footwear of rubber of plastics: 76.9 million dollars, 7 percent
Other footwear: 74.7 million dollars, 6.5 percent

Imports of clothing: 105 billion dollars

The United States are the largest importer of fashion-related products in the world. It mostly imports manufactured apparel.

Sweaters, pullovers, sweatshirts, etc.: 14.1 billion dollars, 13 percent
Women’s suits, not knit: 9.37 billion dollars, 9 percent
Men’s suits, not knit: 8.2 billion dollars, 8 percent
Women’s suits: 5.63 billion dollars, 5 percent
T-shirts: 5.2 billion dollars, 5 percent

Imports of footwear and headwear: 28.8 billion dollars

Footwear, with leather body: 12.2 billion dollars, 42 percent
Other footwear of rubber or plastics: 6.64 billion dollars, 23 percent
Footwear, with textile body: 4.7 billion dollars, 16 percent
Hats, knitted or crocheted: 1.34 billion dollars, 5 percent

Sources