The data illustrates global apparel market size projections from 2012 to 2025, by region. The U.S.' apparel market is expected to grow from USD 225 billion in 2012 to USD 285 billion in 2025; a CAGR of 2%.
Global Apparel IndustryDespite the current global economic downturn, the global apparel industry continues to grow at a healthy rate and this, coupled with the absence of switching costs for consumers and great product differentiation, means that rivalry within the industry is no more than moderate. The apparel industry is of great importance to the economy in terms of trade, employment, investment and revenue all over the world.
