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Explore the latest trends and actionable insights on the Americas Apparel market to inform business strategy and pinpoint opportunities and risks

Market Size of Retail Clothing in North America (2017-2021, $ Billion)

Detailed insights and view recent trends on market size of Retail Clothing in North America

Industry: Clothing, Footwear and Accessories Specialists
Current: Market Sizing & Shares

The clothing segment in North America reached a market value of $391 billion in 2021
The clothing segment in the region has seen a compound annual growth rate of 1% from the period of 2017-2021.
The US and Canada remained the key markets for the clothing segment in the North American region.

Clothing : Industry Overview

The clothing segment is among the most popular selling product categories in the retail industry. Clothing has varieties across different age groups and includes Menswear, Womenswear, and kid’s wear.

From the North American region, the US is among the countries which are widely popular for the clothing segment globally. Key cities in the US such as New York and Los Angeles which has a significant influence on the global fashion industry.

In the United States, attire is also influenced by several variables, such as geographic area, event type, and demographic elements like ethnicity.

The US and Canada remained the key markets for the clothing segment in the North American region.

The clothing segment in North America reached a market value of $391 billion in 2021, witnessing a significant increase of 30% from the previous year this was mainly on account of growth in the retail product categories as the world saw a recovery in the overall demand post-pandemic Covid-19 as both brick & mortar store sales and online businesses resumed their operations after being under restrictions for the period of almost two years along with that more consumer spending on the lifestyle products like clothing.

The clothing segment in the region has seen a compound annual growth rate of 1% from the period of 2017-2021.

The major clothing players which have a strong position in the North America Clothing industry include Nike and Gap Inc. Moreover, there are a variety of brands that influence the American fashion industry, and they are namely Nike, Ralph Lauren, Gap, Old Navy, and Tommy Hilfiger.

Explore the latest trends and actionable insights on the Americas Apparel market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the Americas Apparel market to inform business strategy and pinpoint opportunities and risks Visit Report Store