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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.
The fast-fashion market in 2020 globally produced $25.1 billion. It was expected to increase at an annual compound growth rate of 21.9%, resulting in the global market increase to $31 billion in 2021. By 2030, it is estimated that the fast fashion industry will bring a revenue of $192 billion to the world's global economy.
Feb 15, 2024 · Global revenue of the apparel market 2018-2028. Revenue of the apparel market worldwide from 2018 to 2028 (in trillion U.S. dollars) Revenue of the apparel market worldwide by country 2023 ...
Dec 18, 2023 · In 2022, the revenue of the global apparel market reached 1.5 trillion U.S. dollars, and the industry is forecast to show positive growth. Revenue was estimated to rise to almost 2 trillion ...
fashion industry’s leading writers, thinkers and commentators. Fascinated by the industry’s potent blend of creativity and business, he began BoF as a blog in 2007, which has since grown into the pre-eminent global fashion industry resource serving a five-million-strong community from over 190 countries and territories. Previously, he was a
FASHION SYSTEM 58—99 06: Less is More 59 A More Circular Fashion Industry Will Require a Collective Effort 63 07: Opportunistic Investment 67 08: Deeper Partnerships 70 Shahi Exports: Reforming the Fashion Supply Chain 74 Risk, Resilience and Rebalancing in the Apparel Value Chain 77 09: Retail ROI 81 H&M Group: Making Retail More Resilient 85
Nov 29, 2023 · According to McKinsey’s analysis of fashion forecasts, the global industry will post top-line growth of 2 to 4 percent in 2024 (exhibit), with regional and country-level variations. Once again, the luxury segment is expected to generate the biggest share of economic profit. However, even there, companies will be challenged by the tough ...