How Popular Is The Fashion Industry? In 2019, global retail sales of apparel and footwear reached 1.9 trillion U.S. dollars, and were expected to rise to above three trillion U.S. dollars by 2030. The fashion industry continues to have positive growth, especially in emerging markets within the Asia-Pacific and European regions. How much is the
Is The Fashion Industry Growing? The global fast fashion market is expected to grow from $25.09 billion in 2020 to $30.58 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%. … The market is expected to reach $39.84 billion in 2025 at a CAGR of 7%. Is the fashion industry dying? Here’s
What Is The Size Of The Fashion Industry? According to Fashion United, the industry has a labor force of 3,384.1 million. Its value is equivalent to 3 trillion dollars. That means, it corresponds to 2% of the world’s Gross Domestic Product (GDP). How much is the fashion industry worth 2020? Today (2020), the UK fashion