From sportswear to business attire, discount to luxury, many different categories and segments make up the apparel market. Many of these categories are worth billions of dollars in their own right. In 2022, the
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 dollars by 2027. Within this vast global market, the United States had the
in 2022.
U.S. apparel market
The revenue of the apparel market in the United States was valued at approximately 312 billion U.S. dollars as of 2022, with leading retailers such as
TJX and
Macy's each bringing in over 20 billion U.S. dollars in sales.
Specialist store-based clothing retailing was valued at over 300 billion U.S. dollars in 2022, while
e-commerce brought in over 183 million U.S. dollars of revenue in the same year. As the internet increasingly influences social and economic activities, the e-commerce market for retail goods is expected to grow steadily. In contrast, employment within the United States'
apparel manufacturing industry decreased rapidly over the past several decades as manufacturing sectors generally transitioned to other regions in search of cheaper labor.
Retail
Retail sales from women's clothing stores reached approximately
40.5 billion U.S. dollars in 2022, with the revenue of the
women's apparel market in the United States reaching around 160 billion U.S. dollars. Over 2022, stores generally saw improved sales compared to 2021.
Monthly clothing store sales came to approximately 21 billion dollars in February 2023, an increase of roughly 800 million dollars from the same month in the previous year.
Leading brands
In terms of apparel companies, the industry has several heavyweights, many of which are based in the United States.
TJX companies,
Nike, and
The Gap all generate the majority of their revenue within the U.S. retail market. The U.S. apparel market is always changing, attempting to adapt to customer trends and new technology that will allow consumers' shopping experiences to be more enjoyable.
This text provides general information. Statista assumes no
liability for the information given being complete or correct.
Due to varying update cycles, statistics can display more up-to-date
data than referenced in the text.
