How Much Is The Fashion Industry Worth 2022

The UK fashion industry also employs about 555000 people according to FashionUnited. Clothing consumption and sustainability 5 1 Introduction - fashion sustainability Fashion industry 1. The global ecommerce fashion industry is estimated to grow to 872 billion by 2023. Fashion industrys leading writers thinkers and commentators.

Market Size Of The Global Textile And Apparel Industry 2016 To 2021 2022 Fash455 Global Apparel Textile Trade And Sourcing

Furthermore its expected to reach 597 billion in 2027.

How Much Is The Fashion Industry Worth 2022. In 2018 the forecasted value. In fact not only does it touch everyone but it would be the worlds seventh-largest economy if ranked alongside individual countries GDP. The global fashion industry is worth 2tn 15tn and it brings the UK more than 30bn a year in revenues.

This statistic shows the forecasted market value of the apparel market in the Philippines from 2018 to 2022. Published by Statista Research Department Jun 21 2021. The global apparel market is projected to grow in value from 15 trillion US.

Over that period the industry has grown at 55 percent annually according to the McKinsey Global Fashion Index to now be worth an estimated 24 trillion. The online fashion industry growth rate is expected to reach a total market size of 99164 billion by the end of 2024. The global jewelry market will be worth 2917 billion in 2025.

Us Fashion Industry Growth Rate 2019 2023