Must-Know Fast Fashion Statistics [Recent Analysis]

Summarized & Collected by: Vamps.ai | Last Updated: 7/22/2024

Our Statistics Collection

Statistic 1

"The average number of times a fast fashion garment is worn has decreased by 36% compared to 15 years ago."

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Statistic 2

"The fast fashion industry is expected to grow at a rate of 8.08% from 2021 to 2026."

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Statistic 3

"Fast fashion contributes to 92 million tons of waste per year."

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Statistic 4

"A typical fast fashion retailer releases new collections as often as every week."

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Statistic 5

"It takes about 2,700 liters of water to produce one cotton shirt."

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Statistic 6

"80 billion new pieces of clothing are consumed every year, largely driven by the fast fashion industry."

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Statistic 7

"Consumer return rates for online fast fashion purchases can be as high as 40%."

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Statistic 8

"The fashion industry is the second-largest consumer of water worldwide."

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Statistic 9

"Nearly one in six people work in the global fashion industry."

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Statistic 10

"20% of global wastewater comes from textile dyeing and treatment in the fast fashion industry."

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Statistic 11

"Major fast fashion brands can take garments from design to store in as little as two weeks."

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Statistic 12

"Fast fashion relies heavily on low-cost labor, including child labor, in developing countries."

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Statistic 13

"60% of millennials prefer to buy cheap, trendy clothing."

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Statistic 14

"The fast fashion industry employs about 75 million people worldwide."

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Statistic 15

"People bought 60% more garments in 2014 compared to 2000, but kept each item only half as long."

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Statistic 16

"Approximately 85% of textiles go to the dump each year."

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Statistic 17

"Fast fashion is often criticized for creating "disposable" clothing."

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Statistic 18

"Fast fashion brands were responsible for about 10% of global carbon emissions in 2020."

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Statistic 19

"The fast fashion industry produces 150 billion garments each year."

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Statistic 20

"The global fast fashion market was valued at $35.8 billion in 2019."

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References