Apparel (Global Market)

Clothing (Russian market)

• Clothing (Russian market)

Apparel (US market)

• Apparel (US market)

2024

The global sportswear market grew by 5% over the year to reach $414 billion

The global sportswear market reached $414.17 billion in 2024, with $672 billion projected to grow by 2033 at a CAGR of 5%. Women make up the largest share of sportswear consumers, well above the male and child segments, reflecting the growing popularity of active lifestyles among female audiences. Major market players remain, Adidas,, Nike, Puma ASICS Columbia Sportswear and other major brands. The data was published by the analytical group IMARC Group in September 2025.

The market is showing steady growth dynamics due to developed fitness culture, growing popularity of sports style and continuous development of e-commerce. The dominance of North America in the market is due to the presence of such large players as Nike and Adidas, as well as advanced fabric manufacturing technologies.

The market structure by product category includes upper sportswear, lower sportswear, underwear, swimwear and outerwear. The combination of sportswear and casual wear is becoming increasingly popular around the world, taking sportswear beyond traditional workout use.

Growing interest in healthy living and sports is a major factor supporting the growth of the market. The global fitness market is growing at an annual rate of 5.6%, driving demand for specialized clothing for various types of physical activity.

The proliferation of fitness apps, online communities for training and virtual activities makes the sport more accessible, expanding the base of potential sportswear buyers. Technological innovations in the field of fabric production allow you to create more functional and comfortable products.^[1]

The 10 largest clothing and accessories brands in the world

In 2024, the French multinational company LVMH (Louis Vuitton Moet Hennessy) became the most expensive luxury product brand in the world with a value of about $130 billion. This is stated in the Statista review, which TAdviser got acquainted with at the end of January 2025.

It is noted that the global luxury goods industry, which includes clothing, cosmetics, perfumes, watches, jewelry, bags and other goods, has been on the rise for many years. The market value of LVMH in 2024 reached $129.86 billion. The company owns numerous brands including clothing, footwear and accessories brands,, Christian Dior Louis Vuitton Loewe, Marc Jacobs, Céline, Kenzo, Givenchy, Pink Shirtmaker, Emilio Pucci, Berluti, Loro Piana, Rimowa and Nicholas Kirkwood. In addition, LVMH offers cosmetics and perfumes under the brands, Parfums Christian Dior Guerlain, Parfums Givenchy, Kenzo Parfums, Benefit Cosmetics, Fresh, Perfumes Loewe, Make Up For Ever, Acqua di Parma, Kendo and Maison Francis Kurkdjian, as well as Wines and Cognacs Mojom Kurkdjian, and Veuve Clicquot Ruandrion, Rio Hennessy

In second place in the Statista rating is the French fashion house Hermès with an estimate of $93.68 billion: the company sells perfumes, clothes and various accessories. The French company Chanel, which produces clothes, perfumes and cosmetics, jewelry and watches, closes the top three: its cost is approximately $60.15 billion. Thus, the three leading representatives of the rating are based in France. In addition, the Tor-10 included:

4. Gucci - $23.82 billion;

5. Dior - $11.98 billion;

6. Cartier - $10.51 billion;

7. Rolex - $9.1 billion;

8. Saint-Laurent / Yves Saint Laurent — $6,51 млрд;

9. Tiffany & Co. - $6.2 billion;

10. Prada - $5.13 billion.^[2]

2023: Buy clothes often but not worn: Proportion of women and men by country

According to a survey of respondents, which was conducted from October 2022 to September 2023.

2018: China, Bangladesh and Vietnam lead in clothing exports

At the end of 2018, global clothing exports amounted to $494 billion, while China's exports amounted to a third of total exports.

​​Mirovoy export of clothing and textiles

Among the countries of the former USSR, Ukraine is in first place in terms of clothing exports ($563 million), followed by Belarus ($498 million), Russia is in third place with an export volume of $413 million.