Statistic 1
"The average UK person spends about £1,042 yearly on new clothing."
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Money Spent On Clothes Statistics [Fresh Research]
Summarized & Collected by: Vamps.ai | Last Updated: 6/20/2024
Our Statistics Collection
Statistic 2
"The average American household spends around $1,800 annually on clothing."
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Statistic 3
"Retail apparel sales plummeted by 52% in April 2020 due to COVID-19."
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Statistic 4
"The average woman in the U.S. has around $500 worth of unworn clothing."
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Statistic 5
"Clothing sales in the U.S. saw a 31.42% increase from 2018 to 2020."
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Statistic 6
"In 2020, the global apparel market was valued at roughly $1.5 trillion."
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Statistic 7
"4% of the average American's annual spending budget is allocated to apparel."
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Statistic 8
"The average household in Australia spends about AUD 1,800 per year on fashion."
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Statistic 9
"On average, Americans spend nearly $59 billion on clothing and accessories annually."
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Statistic 10
"Luxury fashion spending soared by 35% between 2019 to 2021."
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Statistic 11
"Clothing expenditure in households with children is 2.5 times higher than in households without children."
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Statistic 12
"40% of all clothing purchases in the United States are now made online."
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Statistic 13
"Online fashion market in Europe is expected to grow by 45.2% from 2020 to 2025."
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Statistic 14
"Millennials tend to spend approximately $2,000 annually on clothing and accessories."
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Statistic 15
"20-30-year-olds spend around $1,000 on work clothes annually in the U.S."
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Statistic 16
"Women typically spend 76% more than men on clothing annually."
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Statistic 17
"The average U.S. consumer buys 68 garments per year."
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Statistic 18
"Fast fashion industry is valued at approximately $35 billion in the U.S. alone."
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Statistic 19
"Men's and boys' clothing was a $90 billion market in the U.S. in 2019."
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Statistic 20
"Footwear spending constitutes about 12% of total clothing expenditure for the average American family."
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References
refinery29.com
statista.com
theatlantic.com
finance.yahoo.com
forbes.com
grandviewresearch.com
nrf.com
bbc.com
ncbi.nlm.nih.gov
mckinsey.com
abs.gov.au
businessinsider.com
hbr.org
euromonitor.com
businessoffashion.com