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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

United States Apparel Market Size

The United States apparel market reached a value of nearly USD 353.20 billion in 2024. It is projected to grow at a CAGR of 2.4% during the forecast period of 2025-2034 to attain nearly USD 437.24 billion by 2034.

United States Apparel Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 353.20
Market Size 2034 USD Billion 437.24
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 2.4%
CAGR 2025-2034 - Market by Region Southeast 2.4%
CAGR 2025-2034 - Market by Region New England 2.2%
CAGR 2025-2034 - Market by Type Men’s Apparel 2.7%
CAGR 2025-2034 - Market by Distribution Channel Online Retail 2.6%
Market Share by Region New England 6.5%

United States Apparel Market Outlook

The United States apparel market expansion is expected to record significant growth over the forecast period, supported by rising fashion consciousness, high purchasing power, and increasing consumer spending on fashion and accessories. In 2022, American consumers spent nearly 2.7% of their overall earnings ($1945) on apparel and services, which was a year-on-year increase from 2.6% in 2021.

In 2022, US households spent nearly 61.9% more on girls’ and women’s apparel ($735) as compared to boys’ and men’s clothing ($454). Single American women ($1123) spend more than their male counterparts ($833) on purchasing apparel. As per the market analysis, millennials spend the highest portion of their budget (3.2%) on apparel as compared to other generations, such as Gen X (2.8%) and Gen Z (2.5%).

The Rising Demand for Men’s Apparel is One of the Crucial United States Apparel Market Trends

  • Men's apparel is projected to lead with a compound annual growth rate (CAGR) of 2.7%, closely followed by women's apparel at 2.6%.
  • Kids' apparel is anticipated to grow at a CAGR of 2.4%, while sportswear is expected to see a growth rate of 2.3%. 
  • As per the United States apparel market analysis, the "Others" category, which may include niche segments or accessories, is forecasted to have the slowest growth at 2.2%. These projections suggest steady, moderate expansion across the apparel market, with men's and women's apparel driving the overall market growth.

The Growing Shift Towards Online Retail Platforms is Driving the United States Apparel Market Growth

  • Online retail is projected to lead with a CAGR of 2.6% during the forecast period of 2025-2034. The United States apparel demand growth is being driven by the continued shift towards digital shopping, the convenience of e-commerce, and the broadening reach of online platforms. This growth reflects consumers' increasing preference for the ease and variety offered by online shopping.
  • As per the United States apparel industry statistics, offline retail, while still significant, is anticipated to grow at a slower rate of 2.2% CAGR. This slower growth is due to the competitive pressure from online options and the need for physical stores to adapt and innovate to attract shoppers.

United States Apparel Market Regional Analysis

  • The Far West region is expected to lead the growth with a CAGR of 2.8%, followed by the Rocky Mountain region at 2.6% and the Southwest at 2.5%.
  • The Southeast region also shows a positive outlook with a CAGR of 2.4%. 
  • The United States apparel market regional insights showcase that other regions such as New England, Mideast, Great Lakes, and Plains are anticipated to grow at a slower pace, with CAGRs ranging from 1.8% to 2.2%. This indicates that while growth is steady across the country, certain regions are poised to outperform others in the apparel sector over the next several years.
CAGR 2025-2034 - Market by Region
Southeast 2.4%
New England XX%
Mideast XX%
Plains XX%
Great Lakes XX%
Southwest 2.5%
Rocky Mountain 2.6%
Far West 2.8%

Key Questions Answered in This Report:

  • How has the United States apparel market performed historically, and what are the growth expectations for the future?
  • What are the primary factors influencing demand and growth in the United States apparel market?
  • What are the key segments within the United States apparel market, and how are they expected to evolve over the forecast period?
  • What are the major challenges and opportunities facing stakeholders in the United States apparel market?
  • Who are the key players in the United States apparel market, and what strategies are they employing to maintain a competitive edge?
  • What are the regulatory and policy factors influencing the United States apparel market globally or regionally?
  • How competitive is the United States apparel market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
  • What are the current trends shaping the United States apparel market landscape, and how are they expected to evolve in the future?
  • How are technological advancements impacting the United States apparel market, and what role do innovation and R&D play in driving growth?
  • What are the consumer preferences and buying behavior trends influencing the United States apparel market?
  • How sustainable are current growth rates in the United States apparel market, and what factors could potentially disrupt these trends?
  • What are the regional dynamics within the United States apparel market, and how do they contribute to overall market growth?
  • What are the economic factors influencing the United States apparel market, such as GDP growth, inflation rates, and currency fluctuations?
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States apparel market?
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States apparel market?
  • What are the regulatory and legal frameworks impacting the United States apparel market globally or in key regions?
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States apparel market?
  • What are the emerging market trends and niche opportunities within the United States apparel market that stakeholders should be aware of?
  • How resilient is the United States apparel market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
  • What are the potential barriers to market entry and growth for new players in the United States apparel market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States apparel market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States apparel industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States apparel market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States apparel market landscape.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Distribution Channel
  • Region
Breakup by Type
  • Men’s Apparel
  • Women’s Apparel
  • Kids’ Apparel
  • Sportswear
  • Others
Breakup by Distribution Channel
  • Online Retail
  • Offline Retail
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nike, Inc.
  • VF Corporation
  • PVH Corp.
  • Adidas AG
  • Levi Strauss & Co.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124