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Introduction to the Apparel & Textiles Industry, Business and Industry Trends Analysis

Plunkett Research estimates the global retail clothing and footwear market at $2.31 trillion for 2023. This includes sales by ecommerce and other non-store retailing methods.

In America, during 2023, retail sales at clothing, shoes and accessories specialty stores (including jewelry stores) in the U.S. totaled $312.5 billion, according to the Bureau of the Census. In addition, Plunkett Research estimates that 80% ($106.2 billion) of sales at department stores, as well as 60% ($38.2 billion) of sales at sporting goods stores were for apparel and shoes. Assuming that 25% ($294.0 billion) of the goods sold via e-commerce in America consist of apparel, shoes and accessories, this would put the total retail and online clothing, shoes and accessories market in America at $750.9 billion.

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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

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