{"id":673,"date":"2022-03-03T10:49:00","date_gmt":"2022-03-03T10:49:00","guid":{"rendered":"https:\/\/fashiondiscounts.uk\/?p=673"},"modified":"2024-02-06T19:38:13","modified_gmt":"2024-02-06T19:38:13","slug":"fast-fashion-statistics","status":"publish","type":"post","link":"https:\/\/fashiondiscounts.uk\/fast-fashion-statistics\/","title":{"rendered":"27 Revealing Fast Fashion Statistics You Need to Know in 2024"},"content":{"rendered":"\t\t
During the second half of the 20th century, fashion became one of the leading industries in the world. But as you\u2019ll learn from these fast fashion statistics, it was fast fashion rather than luxury fashion that helped transform the industry. It also changed our perception of clothing and how we purchase and wear garments.<\/p>
Keep reading to learn more about the current state of the fashion industry, with an emphasis on fast fashion.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t The term \u201cfast fashion\u201d refers to the speed and rate at which major fashion brands bring the latest trends from high-fashion runways to the stores. As you\u2019re about to learn, brands use tremendous resources to speed up the new clothes\u2019 production cycle and increase the rate at which people purchase new garments.<\/p> (McKinsey)<\/p> A general increase in production is a marker of modern development in most industries and countries worldwide. Textile production is no exception. Fast-fashion industry statistics show that the fast-fashion cycle is a significant contributor to the apparel industry\u2019s growth.<\/p> Thanks to new technologies, materials, and trends, clothing production doubled in the period between 2000 and 2014. During that same timeframe, the global average of purchased clothing items per capita rose by nearly 60%.<\/p> (European Parliament)<\/p> Twenty years ago, most European fashion brands released two new collections per year. As fashion cycles sped up, the number of collections also increased. In 2011, brands had five new collections on average. (InternetRetailing)<\/p> Interestingly, this spike in fast fashion\u2019s popularity had to do with the highly watched reality series Love Island. Three brands\u2014Missguided, PrettyLittleThing, and BooHoo\u2014had their products featured on the 2018 series, leading to double-digit percentage growths in their visits. Shein, another of the show\u2019s sponsors, saw its visits grow by a whopping 117%.<\/p> (Statista)<\/p> Nike is continuing its dominance with <\/span>a brand value of $30.44 billion<\/span><\/a>. The second-ranked GUCCI is lagging by a wide margin; its value in 2021 was $15.6 billion. <\/span>Louis Vuitton ($14.858 billion)<\/span><\/a> and <\/span>Adidas ($14.34 billion)<\/span><\/a> are next, with Chanel ($13.24 billion) rounding out the top five.<\/span><\/p> (Statista)<\/p> Zara is the best-known among the brands under the Inditex umbrella, and it also brings <\/span>most of the company\u2019s revenue<\/span><\/a>. Speaking of revenue, Inditex is the undisputed leader among European fast-fashion companies.<\/span><\/p> The company generated \u00a322.5 billion in 2019, more than Primark (\u00a37.5 billion) and Marks & Spencer (\u00a310.4 billion) combined. A year earlier, Inditex also took the lead in the number of units sold with 2.9 billion.<\/span><\/p> (Statista, World Trade Organisation)<\/p> In 2020, China held a 43.5% share of the global textile exporting market, putting it in the top spot. It was followed by the European Union (18.1%, including its then-member United Kingdom), India (4.2%), and Turkey (3.3%). The US ended up fifth with a 3.2% share.<\/p> (Statista)<\/p> Recent projections show that the growth of the fashion industry<\/a> will return to normal in 2022. In 2019, the global sales of apparel and footwear reached \u00a31.4 trillion. The largest apparel market in the world was the US, with \u00a3263.6 million in revenue.<\/p> Markets in Asia-Pacific and some European regions also showed significant growth, fast fashion statistics reveal. The former held a 38% share of the global apparel market in 2019. In terms of per-capita spending on apparel and footwear, the Netherlands was in the lead with 122.51 pieces bought in 2018.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t (GlobeNewswire)<\/p> The fast-fashion market has seen substantial growth over the last decade, but the COVID-19 pandemic temporarily halted its progress. The economic slowdown was among the biggest fast fashion problems in 2020, as the market\u2019s value went down by 12.32% for total revenue of \u00a323 billion. However, experts predict that the market will fully recover by 2023 when it\u2019s expected to reach close to \u00a328 billion in revenue.<\/p> (Statista)<\/p> One of the core facts about fast fashion is that women\u2019s apparel still dominates the market over men\u2019s. After experiencing some recovery in 2021, both are expected to see growth in 2022. Women\u2019s apparel revenue is projected to reach \u00a3622.96 billion, while men\u2019s should exceed \u00a3391.9 billion.<\/p> (Down to Earth)<\/p> Clothing utilisation\u2014the average number of times a person wears an item of clothing before discarding it\u2014has dropped significantly since 2003. Garments are being replaced faster and faster, following the dynamics of the fast-fashion industry. Not even 1% of these pieces are recycled, which is worrisome considering fast fashion\u2019s negative environmental impact.<\/p> (UNECE)<\/p> The fashion industry, including fast fashion, has a tremendous impact on the employment structure worldwide. It employs more than 15% of the total global workforce, but because it typically pays even less than a minimum wage, the industry is closely linked with poverty issues. These fashion facts become even more complicated when we take into account that women make up about 80% of the workforce, bringing about issues of gender inequality.<\/p> (Vogue Business)<\/p> Although fast fashion\u2019s sustainability is one of the most-talked-about topics in the industry, people also often emphasise the need for diversity. Diversity and representation are crucial to trends, but even more so when discussing fashion companies\u2019 organisational structure.<\/p> Companies with above-average diversity achieve so-called \u201cinnovation revenue\u201d\u201419% more in revenue than companies with average diversity. For example, Ralph Lauren organised diversity councils at every business level to provide feedback and advice in every segment of the company\u2019s processes.<\/p> (The Fashion Spot)<\/p> Fast fashion articles in major publications emphasise the issue of insufficient diversity in the fashion industry. However, the situation got better in recent years. In Fall 2022, they got 54.9% of castings in major-city fashion shows<\/a>, which is still down from 55.5% in Spring that year.<\/p> Although these are not technically part of the fast-fashion industry, the trends in high fashion have a major influence on the later stages of fashion production, including fast fashion.<\/p> (McKinsey)<\/p> Sustainable fashion statistics show that consumer sentiment is shifting towards more sustainable choices.<\/a><\/p> Respondents of all generations stated they intend to buy more durable clothing (65%), keep their clothing longer (71%), and repair it instead of throwing it away (57%). At the same time, newness became the least important factor when purchasing clothes.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t The UK is one of the world\u2019s largest fast-fashion markets and the home to some industry leaders. This section offers in-depth stats on the state of the UK\u2019s fashion industry and fashion consumption.<\/p> (FashionUnited)<\/p> Burberry is the largest UK-based fashion company with annual revenue exceeding \u00a37.3 billion. However, Burberry falls into the luxury fashion bracket;<\/a> fast-fashion companies are led by Next Plc with more than \u00a35.2 billion in revenue. Marks & Spencer and ASOS follow in third and fourth place with just over \u00a34.5 billion each.<\/p> (Statista)<\/p> Fast fashion statistics for 2021 put the UK fashion revenue at \u00a354.945 billion, slightly up from \u00a352 billion in 2020. Experts predict the market will continue to grow at a considerably higher rate, eventually reaching \u00a366.9 billion by 2026.<\/p> While this is undeniably good for the country\u2019s economy, it\u2019s somewhat problematic that completely sustainable fashion brands account for just a tiny fraction of the total revenue.<\/p> (Statista)<\/p> Niche apparel markets are on the rise across the Western world,<\/a> and the UK is no exception. One such market is plus-size clothing, which had the value of \u00a36.44 billion in 2016 and is expected to go up to \u00a39.03 billion in 2022\u2014a 40.3% increase over six years.<\/p> (Statista)<\/p> Even though annual clothing expenditures are growing, the number of physical apparel stores is declining. In 2008, there were 13,718 of them in the UK compared to 11,582 in 2018. The number hit a low in 2012 with just 10,115 specialised stores across the country.<\/p> (FashionUnited)<\/p> The UK exports far less in clothing than it imports\u2014\u00a38.2 billion in exports compared to \u00a330.6 billion in imports. However, this is true for most highly developed countries, and it\u2019s one of the best-known fast fashion facts.<\/p> The UK\u2019s most exported products are women\u2019s suits, which make up 11% of total exports. They\u2019re followed by sweaters and sweatshirts (6% combined) and T-shirts (5.6%). Men\u2019s suits are fourth, making up 5.2% of all exports.<\/p> (Statista)<\/p> Since 2005, when it generated \u00a330.9 billion, the UK\u2019s fast-fashion market has been growing steadily. In 2020, people in the UK spent \u00a354 billion on clothes. According to stats, the market is close to recovery, as it\u2019s approaching its 2019 size of \u00a361 billion in 2022.<\/p> (Statista)<\/p> Since 2011, online clothing sales have been on the rise in the UK, reaching a record high in 2019, when 60% of individuals purchased clothes online.<\/a> The percentage dropped to 55% in 2020 due to the pandemic-related lockdowns, but it\u2019s expected to go up again in 2021.<\/p> (The Business of Fashion)<\/p> A look at some interesting fast fashion facts reveals that 1 in 3 young women in the UK describes a garment worn once or twice as \u201cold\u201d. This perfectly shows how our fashion consumption habits have changed over the years. On that note, 1 in 7 young women says that being photographed twice in the same outfit is a major \u201cfashion no-no\u201d.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Unfortunately, the fast-fashion industry brings along many negative aspects, most related to its environmental impact. Experts agree that the need to transform the industry into a more sustainable one is critical. Let\u2019s check out why.<\/p> (Nature, CNN)<\/p> The effects of fast fashion on the environment are significant and involve CO2 emissions, water consumption, chemical pollution, and textile waste. Just over 100 brands signed the UN\u2019s Fashion Industry Charter for Climate Action to reduce greenhouse gas emissions by 30% until 2030. However, it\u2019s still unclear what to do with the leftover textile and other waste.<\/p> (The World Bank Group)<\/p> Recent fast fashion environmental statistics reveal its immense contribution to the polluting effects of the textile industry. This contribution is so significant that the sector is currently responsible for 10% of total global carbon emissions from all industries.<\/p> Fast fashion\u2019s emissions are projected to rise by more than 50% by 2030, which is why experts are calling for an urgent transition to more sustainable modes of production.<\/p> (Down to Earth)<\/p> Cotton and polyester are the two most commonly used materials in textile production, but the latter\u2019s environmental impact is very worrying. Fast fashion pollution statistics suggest that the production of just one polyester T-shirt results in 262% more CO2 emissions than a cotton T-shirt.<\/p> Because it\u2019s cheaper and easier to work with than cotton, polyester is quickly becoming the go-to material in fast fashion. However, replacing it with another recyclable material would result in a 90% reduction of dangerous substances, a 60% reduction in energy usage and, most importantly, 40% fewer emissions.<\/p> (Business Insider)<\/p> Fast fashion\u2019s environmental impact is enormous, and the cycle of pollution doesn\u2019t stop with producing and purchasing\u2014washing clothes is also a major problem. The yearly quantity of microfibres released into the ocean during washing is equivalent to 50 billion plastic bottles.<\/p> The issue is even larger because roughly 60% of all garments utilise polyester. This compound doesn\u2019t break down in the ocean water\u2014a 2017 report found that 35% of all microplastic in the ocean is made of synthetic textiles like polyester.<\/p> (The Ellen MacArthur Foundation)<\/p> Apart from all the accumulated waste, as evidenced by clothing waste statistics, the fashion industry is also responsible for one-tenth of all carbon emissions. That\u2019s more than global maritime shipping and international flights combined. Experts warn that if the industry continues to develop at this rate, it will make up for 26% of the total carbon footprint by 2050.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t The convenience and pleasure fast-fashion brands provide are the driving forces of development in textile production and consumption. However, it seems that fast fashion\u2019s negative aspects are slowly outweighing the positive ones. Its detrimental environmental impact is becoming harder to ignore. If you can\u2019t ignore it either, learn how to avoid fast fashion and reduce your impact.<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Fast fashion is an environmental and a social issue. It causes enormous amounts of waste, it has a high carbon footprint and is the second most water-consuming industry. The other side of the fast fashion problem is the question of its supply chain. Workers in fast fashion are often poorly paid, the conditions in fast fashion factories are often dangerous, and there is the serious issue of modern slavery and child labour in the industry.<\/p> Waste is one of the biggest concerns when discussing the environmental impact of the fast-fashion industry. Since 2000, the amount of waste created by fast fashion has grown each year. The global textile waste from fashion industries currently makes up 20% of the entire planet\u2019s waste, with an average of 92 million tonnes of discarded materials per year.<\/p> It\u2019s difficult to tell the exact percentage as the line between fashion and fast-fashion production becomes more and more blurred with new brands coming up all the time.<\/p> In 2019, fast fashion had a 10%\u201320% share of the revenue in European fashion markets. The UK\u2019s fashion market was worth \u00a342 billion in 2019, which means that fast fashion was responsible for up to \u00a38.4 billion of the total revenue. But the revenue might not be the best marker of fast fashion\u2019s market share as its entire business premise relies on cheap garments.<\/p> Fast fashion most notably affects the environment. In that regard, there are three critical consequences: the amount of waste, water consumption, and carbon emission. All three of these are significantly growing as fast fashion continues to develop, not only in terms of the units being produced but also the increasing use of highly polluting materials.<\/p> The fashion industry harms the environment both in production and in the consumption of goods. Its carbon emission is by far the most harmful effect\u2014it currently accounts for 10% of the planet\u2019s total carbon emission. Each year, the fashion industry also produces more than 92 billion tonnes of textile waste, which ends up filling up the landfills.<\/p> As new and cheaper collections appear, people buy more pieces, meaning that they\u2019re washing clothes more often. This contributes to the release of microfibres and synthetic materials into the ocean. The industry is currently responsible for 60% of all microfibres released into the sea. However, these microfibres can\u2019t break down.<\/p> \u201cFast fashion\u201d is a relatively new term to describe today\u2019s dominant mode of fashion production and consumption. It refers to the speed at which fashion companies bring designs from high-fashion catwalks to street and mall stores. On average, brands used to put out two collections each year less than two decades ago. Currently, they offer up to 24.<\/p> As our overview of fast fashion statistics showed, to maintain the speed and low prices, the fast-fashion industry relies on cheap materials and labour, contributing to pollution and pay and gender inequality.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Sources:<\/span><\/p>Top Fast Fashion Stats (Editor\u2019s Choice)<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
General Fast Fashion Facts<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
1. In the first decade and a half of the 21st century, the production of clothes doubled.<\/strong><\/h4>
2. Since 2000, European fashion brands went from releasing just 2 new collections per year to up to 24.<\/strong><\/h4>
Major fast-fashion brands nowadays put out new clothes at a breakneck pace\u2014H&M puts out from 12 to 16 and Zara puts up to 24 new collections per year.<\/p>3. In the first half of 2018, visits to fast-fashion websites accounted for 66% of all fashion-related internet traffic.<\/strong><\/h4>
4. Fast fashion statistics show that Nike is still the leading apparel company in terms of brand value.<\/strong><\/h4>
5. According to recent fast fashion statistics, Inditex is the leading European fast-fashion company.<\/strong><\/h4>
6. China is the leading textile exporter in the world, fashion industry statistics show.<\/strong><\/h4>
7. According to fast fashion statistics, the global sales of apparel and footwear will exceed \u00a32.4 trillion by 2030.<\/strong><\/h4>
8. The global fast-fashion market will recover in 2023 and reach \u00a328 billion.<\/strong><\/h4>
9. Women\u2019s apparel revenue is projected to reach \u00a3622.96 billion in 2022.<\/strong><\/h4>
10. Clothing utilisation went down by 36% between 2003 and 2018.<\/strong><\/h4>
11. Globally, 1 in 6 people works in a fashion-related job.<\/strong><\/h4>
12. Advocating for diversity brings fashion companies 19% more revenue.<\/strong><\/h4>
13. Fall 2022 was the third most diverse New York Fashion Week season.<\/strong><\/h4>
14. 48% of Millenials and Gen Z intend to buy more second-hand fashion after the pandemic.<\/strong><\/h4>
Fast Fashion Statistics in the UK<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
15. Next Plc is the largest UK-based fast-fashion company.<\/strong><\/h4>
16. According to current fast fashion statistics, in 2022, the UK apparel market revenue will reach \u00a360.17 billion.<\/strong><\/h4>
17. The UK\u2019s plus-size apparel market will reach \u00a39.03 billion in annual revenue in 2022.<\/strong><\/h4>
18. The number of retail clothing stores saw a significant drop between 2008 and 2018, UK fashion industry statistics show.<\/strong><\/h4>
19. Annually, the UK exports about \u00a38.2 billion worth of clothing.<\/strong><\/h4>
20. People in the UK spent \u00a354 billion on clothing in 2020.<\/strong><\/h4>
21. According to fast fashion consumer statistics, 55% of people in the UK purchased clothes online in 2020.<\/strong><\/h4>
22. One-third of young women in the UK think an item of clothing is \u201cold\u201d after they\u2019ve worn it once or twice.<\/strong><\/h4>
Fashion Industry Pollution Statistics<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
23. According to fast fashion waste statistics, the industry produces over 92 million tonnes of waste per year.<\/strong><\/h4>
24. Fast fashion is responsible for 10% of global carbon emissions annually.<\/strong><\/h4>
25. Using polyester in fast-fashion production increases dangerous CO2 emissions.<\/strong><\/h4>
26. Washing clothes releases over half a million tonnes of microfibres into the ocean each year.<\/strong><\/h4>
27. By 2050, the fashion industry could be responsible for 26% of the world\u2019s total carbon emission.<\/strong><\/h4>
In Conclusion<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
FAQ<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Why is fast fashion a problem?<\/strong><\/h4>
How much waste is produced by fast fashion?<\/strong><\/h4>
What percentage of fashion is fast fashion?<\/strong><\/h4>
What are the 3 consequences of fast fashion?<\/strong><\/h4>
How fast does fashion harm the environment?<\/strong><\/h4>
What is fast fashion?<\/strong><\/h4>