![]() Combine that with increasing automation and the figure becomes even clearer. The industry has been outsourcing jobs to cheaper labor markets such as Mexico, China, and Southeast Asia for three decades now. In contrast, that number was 902,740 in 1990, apparel industry employment statistics reveal. In 2020, there were about 86,000 workers in the US apparel industry. ![]() Amazon, Gap, and Nordstrom are the biggest ecommerce chains. Online apparel sales are expected to reach a whopping $100 billion by 2021, according to online apparel sales statistics. Statistics show the increasing number of Americans who resort to shopping from the comfort and safety of their homes. In 2020, apparel and accessories represented 36.7% of all US ecommerce sales. Retail clothing industry statistics show that the clothing revenue per person in 2021 will amount to $951.03 in the US.Īs usual, women’s apparel will generate most of the sales, with an estimated market volume of $165.37 billion in 2021. In the US, $41 billion came from womenswear, compared to a “mere” $8.8 billion from menswear. 50% of the global clothing demand consists of womenswear.Ĭhildren’s clothing, accessories, and menswear come next in the global market. The drop was not unexpected, but the industry still has to rethink its strategy for 2021, relying mostly on ecommerce. That is a significant decrease from 2019, when the market size was estimated at around $368 billion. The US apparel market size will fall to $317,56 billion in 2021. Also, 75 million workers make sure to keep the industry’s wheels turning. These stats confirm that the apparel market is one of the most powerful ones out there. Estimations show a decent growth from $1.5 trillion in 2020, revealing that demand for shoes and clothing will rise.
0 Comments
Leave a Reply. |