CO Data

Volume and Consumption: How Much Does The World Buy?

The global apparel retail market is currently worth $1.34 trillion in retail sales per year. If footwear and jewellery are included, that value rises to around $2 trillion.1

To put this into context, the amount of money that consumers spend on clothes, footwear and jewellery each year is the equivalent to the combined gross domestic product (GDP) of the 126 poorest countries in the world – or just slightly larger than the size of the Italian economy2.

This huge amount of money spent on fashio…

Join CO to access this content

Common Objective (CO) is the global platform for sustainable fashion. Join 50,000+ industry members committed to doing fashion better, access 300+ resources and tools, attend inspiring events and grow your network.

Sign up for free
Share on Facebook Share on Twitter Share on Pinterest

View all data tables and visualisations in the PDF version of this article.