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The State of Fashion 2025: Challenges at every turn | McKinsey Although hard to predict, even in the best of times, the fashion industry is in for a particularly tumultuous and uncertain 2025 A long-feared cyclical slowdown has arrived Consumers, affected by the recent period of high inflation, are increasingly price sensitive
Fashion - Worldwide | Statista Market Forecast Revenue in the Fashion Market is projected to reach US$880 91bn in 2025 Revenue is expected to show an annual growth rate (CAGR 2025-2029) of 7 64%, resulting in a projected market volume of
2025 Forecast: 6 Major Shifts On Our Radar - Fashion for Good Below, we delve into six pivotal shifts shaping fashion’s future in 2025, highlighting the solutions, partnerships, and technologies steering us toward a more sustainable and inclusive path forward
Fashion Industry Trends 2025: Navigating Sustainability and Tech . . . The fashion industry stands at a critical turning point, with current trends reshaping the landscape Projected to reach $3 3 trillion by 2030, the industry faces transformation through economic challenges, shifting consumer behaviors, and technological breakthroughs
2025 Fashion Trends: A Blend of Innovation and Tradition The fashion trends of 2025 represent a bold fusion of the old and the new, where technology and tradition coexist to create innovative yet timeless styles Smart fabrics, 3D printing, and sustainable practices are reshaping the way we think about fashion, offering new possibilities for customization and environmental responsibility
State of Fashion 2025: Trends, data, and strategic insights Global fashion industry is expected to grow at a low single-digit rate in 2025, reflecting economic deceleration and muted consumer confidence The McKinsey Global Fashion Index highlights that non-luxury segments will outperform luxury, marking a significant shift in profit drivers
Fashion Industry Statistics Trends: 90+ Facts (2025) In 2025, the global fashion market is expected to be worth $1 84 trillion, accounting for 1 63% of the world's GDP The fashion market size is projected to expand at a 4 1% compound annual growth rate (CAGR) from 2024 to 2030 Out of the 3 62 billion people in the global workforce, 430 million are employed in fashion and textile production
What’s Next in Fashion: Navigating 2030’s Future Trends Several key trends are expected to dominate the fashion landscape in 2030, reflecting both technological advancements and consumer trends 1 Hyper Personalization: Consumers demand fast, multi-channel experiences based on their preferences
Apparel Market Size, Share Trends | Industry Report, 2030 The global apparel market size was valued at USD 1 77 trillion in 2024 and is projected to reach USD 2 26 trillion by 2030, growing at a CAGR of 4 2% from 2025 to 2030 The increasing expenditure on apparel by customers worldwide is a key factor driving the market growth