Apparel Retail in North America

Key Highlights

• The apparel retail industry is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
• The North American apparel retail industry recorded revenues of $483.7 billion in 2024, representing a compound annual growth rate (CAGR) of 4.2% between 2019 and 2024.
• The womenswear segment accounted for the industry's largest proportion in 2024, with total revenues of $243.3 billion, equivalent to 50.3% of the industry's overall value.
• The growth of the North American apparel industry is driven by increased net disposable income per household. According to the Bureau of Economic Analysis, in 2024, the net disposable income per household in the US grew by $164,007.1, up 4.5% annually.

Report Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in North America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in North America
• Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the North America apparel retail market with five year forecasts

Reasons to Buy

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