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Apparel Retail North America (NAFTA) Industry Guide 2020-2029

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    Report

  • 218 Pages
  • October 2025
  • Region: North America
  • MarketLine
  • ID: 6007027
The NAFTA Apparel Retail industry profile provides top-line qualitative and quantitative summary information including: industry size (value, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.

Key Highlights

  • The North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The apparel retail industry within the NAFTA countries had a total market value of $4,83,720.0 million in 2024.The Mexico was the fastest growing country, with a CAGR of 19.2% over the 2020-24 period.
  • Within the apparel retail industry, the US is the leading country among the NAFTA bloc, with market revenues of $4,38,165.2 million in 2024. This was followed by Canada and Mexico, with a value of $23.60 and $21.94 billion, respectively.
  • The US is expected to lead the apparel retail industry in the NAFTA bloc, with a value of $4,96,883.3 million in 2029, followed by Canada and Mexico with expected values of $28.82 and $24.31 billion, respectively.

Report Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA apparel retail industry
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA apparel retail industry
  • Leading company profiles reveal details of key apparel retail industry players’ NAFTA operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the NAFTA apparel retail industry with five year forecasts
  • Compares data from the US, Canada and Mexico, alongside individual chapters on each country

Reasons to Buy

  • What was the size of the NAFTA apparel retail industry by value in 2024?
  • What will be the size of the NAFTA apparel retail industry in 2029?
  • What factors are affecting the strength of competition in the NAFTA apparel retail industry?
  • How has the industry performed over the last five years?
  • What are the main segments that make up the NAFTA apparel retail industry?

Table of Contents

1 Introduction
1.1. What is this report about?
1.2. Who is the target reader?
1.3. How to use this report
1.4. Definitions
2 NAFTA Apparel Retail
2.1. Industry Outlook
3 Apparel Retail in Canada
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Apparel Retail in Mexico
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Macroeconomic Indicators
6.1. Country data
7 Apparel Retail in The United States
7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
8 Macroeconomic Indicators
8.1. Country data
9 Company Profiles
9.1. The TJX Companies Inc
9.2. Walmart Inc
9.3. Hudson's Bay Co
9.4. Aritzia Inc
9.5. El Puerto de Liverpool SAB de CV
9.6. Grupo Carso SA de CV
9.7. Industria de Diseno Textil SA
9.8. Coppel SA de CV
9.9. Target Corp
9.10. Macy's Inc
9.11. Zara
9.12. Pepkor Holdings Ltd
9.13. Pick n Pay Stores Ltd
9.14. Mr. Price Group Ltd
9.15. Lojas Renner SA
9.16. Guararapes Confeccoes SA
9.17. C&A Mode GmbH & Co KG
9.18. JD.com Inc
9.19. Fast Retailing Co Ltd
9.20. Vipshop Holdings Ltd
9.21. Shanghai Bailian Group Co Ltd
9.22. Reliance Retail Ltd
9.23. Future Group
9.24. Aditya Birla Fashion and Retail Ltd
9.25. VF Corp
9.26. H & M Hennes & Mauritz AB
9.27. Wesfarmers Ltd
9.28. Pan Pacific International Holdings Pte. Ltd.
9.29. LVMH Moet Hennessy Louis Vuitton SE
9.30. adidas AG
9.31. Otto GmbH & Co KG
9.32. PRADA SpA
9.33. Isetan Mitsukoshi Holdings Ltd
9.34. Takashimaya Co Ltd
9.35. Myer Holdings Ltd
9.36. Woolworths Group Ltd
9.37. Cotton On Australia Pty Ltd
9.38. Bestseller A/S
9.39. Primark Stores Ltd
9.40. El Corte Ingles SA
9.41. Punto FA SL
9.42. John Lewis plc
9.43. Marks and Spencer Group plc
9.44. JD Sports Fashion Plc
9.45. Groupe Galeries Lafayette
10 Appendix
10.1. Methodology
10.2. About the Publisher
List of Tables
Table 1: NAFTA countries apparel retail industry, revenue ($m), 2020-29
Table 2: NAFTA countries apparel retail industry, revenue ($m), 2020-24
Table 3: NAFTA countries apparel retail industry forecast, revenue ($m), 2024-29
Table 4: Canada apparel retail industry value: $ million, 2019-24
Table 5: Canada apparel retail industry category segmentation: % share, by value, 2019-24
Table 6: Canada apparel retail industry category segmentation: $ million, 2019-24
Table 7: Canada apparel retail industry geography segmentation: $ million, 2024
Table 8: Canada apparel retail industry distribution: % share, by value, 2024
Table 9: Canada apparel retail industry value forecast: $ million, 2024-29
Table 10: Canada Size of Population (Million), 2020-24
Table 11: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 12: Canada GDP (Current Prices, $ Billion), 2020-24
Table 13: Canada Inflation, 2020-24
Table 14: Canada Consumer Price Index (Absolute), 2020-24
Table 15: Canada Exchange Rate, 2019-24
Table 16: Mexico apparel retail industry value: $ million, 2019-24
Table 17: Mexico apparel retail industry category segmentation: % share, by value, 2019-24
Table 18: Mexico apparel retail industry category segmentation: $ million, 2019-24
Table 19: Mexico apparel retail industry geography segmentation: $ million, 2024
Table 20: Mexico apparel retail industry distribution: % share, by value, 2024
Table 21: Mexico apparel retail industry value forecast: $ million, 2024-29
Table 22: Mexico Size of Population (Million), 2020-24
Table 23: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 24: Mexico GDP (Current Prices, $ Billion), 2020-24
Table 25: Mexico Inflation, 2020-24
Table 26: Mexico Consumer Price Index (Absolute), 2020-24
Table 27: Mexico Exchange Rate, 2019-24
Table 28: United States apparel retail industry value: $ million, 2019-24
Table 29: United States apparel retail industry category segmentation: % share, by value, 2019-24
Table 30: United States apparel retail industry category segmentation: $ million, 2019-24
Table 31: United States apparel retail industry geography segmentation: $ million, 2024
Table 32: United States apparel retail industry distribution: % share, by value, 2024
Table 33: United States apparel retail industry value forecast: $ million, 2024-29
Table 34: United States Size of Population (Million), 2020-24
Table 35: United States Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 36: United States GDP (Current Prices, $ Billion), 2020-24
Table 37: United States Inflation, 2020-24
Table 38: United States Consumer Price Index (Absolute), 2020-24
Table 39: United States Exchange Rate, 2019-24
Table 40: The TJX Companies Inc: Key Facts
Table 41: The TJX Companies Inc: Annual Financial Ratios
Table 42: The TJX Companies Inc: Key Employees
Table 43: Walmart Inc: Key Facts
Table 44: Walmart Inc: Annual Financial Ratios
Table 45: Walmart Inc: Key Employees
Table 46: Walmart Inc: Key Employees Continued
Table 47: Walmart Inc: Key Employees Continued
Table 48: Hudson's Bay Co: Key Facts
Table 49: Hudson's Bay Co: Key Employees
Table 50: Aritzia Inc: Key Facts
Table 51: Aritzia Inc: Annual Financial Ratios
Table 52: Aritzia Inc: Key Employees
Table 53: El Puerto de Liverpool SAB de CV: Key Facts
Table 54: El Puerto de Liverpool SAB de CV: Annual Financial Ratios
Table 55: El Puerto de Liverpool SAB de CV: Key Employees
Table 56: Grupo Carso SA de CV: Key Facts
Table 57: Grupo Carso SA de CV: Annual Financial Ratios
Table 58: Grupo Carso SA de CV: Key Employees
Table 59: Industria de Diseno Textil SA: Key Facts
Table 60: Industria de Diseno Textil SA: Annual Financial Ratios
Table 61: Industria de Diseno Textil SA: Key Employees
Table 62: Industria de Diseno Textil SA: Key Employees Continued
Table 63: Coppel SA de CV: Key Facts
Table 64: Target Corp: Key Facts
Table 65: Target Corp: Annual Financial Ratios
Table 66: Target Corp: Key Employees
Table 67: Macy's Inc: Key Facts
Table 68: Macy's Inc: Annual Financial Ratios
Table 69: Macy's Inc: Key Employees
Table 70: Zara: Key Facts
Table 71: Pepkor Holdings Ltd: Key Facts
Table 72: Pepkor Holdings Ltd: Annual Financial Ratios
Table 73: Pepkor Holdings Ltd: Key Employees
Table 74: Pick n Pay Stores Ltd: Key Facts
Table 75: Pick n Pay Stores Ltd: Annual Financial Ratios
Table 76: Pick n Pay Stores Ltd: Key Employees
Table 77: Mr. Price Group Ltd: Key Facts
Table 78: Mr. Price Group Ltd: Annual Financial Ratios
Table 79: Mr. Price Group Ltd: Key Employees
Table 80: Lojas Renner SA: Key Facts
Table 81: Lojas Renner SA: Annual Financial Ratios
Table 82: Lojas Renner SA: Key Employees
Table 83: Guararapes Confeccoes SA: Key Facts
Table 84: Guararapes Confeccoes SA: Annual Financial Ratios
Table 85: Guararapes Confeccoes SA: Key Employees
Table 86: C&A Mode GmbH & Co KG: Key Facts
Table 87: C&A Mode GmbH & Co KG: Key Employees
Table 88: JD.com Inc: Key Facts
Table 89: JD.com Inc: Annual Financial Ratios
Table 90: JD.com Inc: Key Employees
Table 91: Fast Retailing Co Ltd: Key Facts
Table 92: Fast Retailing Co Ltd: Annual Financial Ratios
Table 93: Fast Retailing Co Ltd: Key Employees
Table 94: Fast Retailing Co Ltd: Key Employees Continued
List of Figures
Figure 1: NAFTA countries apparel retail industry, revenue ($m), 2020-29
Figure 2: NAFTA countries apparel retail industry, revenue ($m), 2020-24
Figure 3: NAFTA countries apparel retail industry forecast, revenue ($m), 2024-29
Figure 4: Canada apparel retail industry value: $ million, 2019-24
Figure 5: Canada apparel retail industry category segmentation: $ million, 2019-24
Figure 6: Canada apparel retail industry geography segmentation: % share, by value, 2024
Figure 7: Canada apparel retail industry distribution: % share, by value, 2024
Figure 8: Canada apparel retail industry value forecast: $ million, 2024-29
Figure 9: Forces driving competition in the apparel retail industry in Canada, 2024
Figure 10: Drivers of buyer power in the apparel retail industry in Canada, 2024
Figure 11: Drivers of supplier power in the apparel retail industry in Canada, 2024
Figure 12: Factors influencing the likelihood of new entrants in the apparel retail industry in Canada, 2024
Figure 13: Factors influencing the threat of substitutes in the apparel retail industry in Canada, 2024
Figure 14: Drivers of degree of rivalry in the apparel retail industry in Canada, 2024
Figure 15: Mexico apparel retail industry value: $ million, 2019-24
Figure 16: Mexico apparel retail industry category segmentation: $ million, 2019-24
Figure 17: Mexico apparel retail industry geography segmentation: % share, by value, 2024
Figure 18: Mexico apparel retail industry distribution: % share, by value, 2024
Figure 19: Mexico apparel retail industry value forecast: $ million, 2024-29
Figure 20: Forces driving competition in the apparel retail industry in Mexico, 2024
Figure 21: Drivers of buyer power in the apparel retail industry in Mexico, 2024
Figure 22: Drivers of supplier power in the apparel retail industry in Mexico, 2024
Figure 23: Factors influencing the likelihood of new entrants in the apparel retail industry in Mexico, 2024
Figure 24: Factors influencing the threat of substitutes in the apparel retail industry in Mexico, 2024
Figure 25: Drivers of degree of rivalry in the apparel retail industry in Mexico, 2024
Figure 26: United States apparel retail industry value: $ million, 2019-24
Figure 27: United States apparel retail industry category segmentation: $ million, 2019-24
Figure 28: United States apparel retail industry geography segmentation: % share, by value, 2024
Figure 29: United States apparel retail industry distribution: % share, by value, 2024
Figure 30: United States apparel retail industry value forecast: $ million, 2024-29
Figure 31: Forces driving competition in the apparel retail industry in the United States, 2024
Figure 32: Drivers of buyer power in the apparel retail industry in the United States, 2024
Figure 33: Drivers of supplier power in the apparel retail industry in the United States, 2024
Figure 34: Factors influencing the likelihood of new entrants in the apparel retail industry in the United States, 2024
Figure 35: Factors influencing the threat of substitutes in the apparel retail industry in the United States, 2024
Figure 36: Drivers of degree of rivalry in the apparel retail industry in the United States, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • adidas AG
  • Aditya Birla Fashion and Retail Ltd
  • Aritzia Inc
  • Bestseller A/S
  • C&A Mode GmbH & Co KG
  • Coppel SA de CV
  • Cotton On Australia Pty Ltd
  • El Corte Ingles SA
  • El Puerto de Liverpool SAB de CV
  • Fast Retailing Co Ltd
  • Future Group
  • Groupe Galeries Lafayette
  • Grupo Carso SA de CV
  • Guararapes Confeccoes SA
  • H & M Hennes & Mauritz AB
  • Hudson's Bay Co
  • Industria de Diseno Textil SA
  • Isetan Mitsukoshi Holdings Ltd
  • JD Sports Fashion Plc
  • JD.com Inc
  • John Lewis plc
  • Lojas Renner SA
  • LVMH Moet Hennessy Louis Vuitton SE
  • Macy's Inc
  • Marks and Spencer Group plc
  • Mr. Price Group Ltd
  • Myer Holdings Ltd
  • Otto GmbH & Co KG
  • Pan Pacific International Holdings Pte. Ltd.
  • Pepkor Holdings Ltd
  • Pick n Pay Stores Ltd
  • PRADA SpA
  • Primark Stores Ltd
  • Punto FA SL
  • Reliance Retail Ltd
  • Shanghai Bailian Group Co Ltd
  • Takashimaya Co Ltd
  • Target Corp
  • The TJX Companies Inc
  • VF Corp
  • Vipshop Holdings Ltd
  • Walmart Inc
  • Wesfarmers Ltd
  • Woolworths Group Ltd
  • Zara