The plus size fashion sector is swiftly expanding, with sales projected to hit $253.97 billion globally by 2026, showcasing a 5.6% CAGR from 2021-2026. In the US, 67% of women wear a size 14 or above, making the market worth $22.9 billion in 2021, with online sales contributing 37.8%. The global market for plus-size men’s attire is also growing, estimated at $3.3 billion by 2023. Europe and Asia Pacific dominate with over 65% of total sales, poised to escalate to $696.71 billion by 2027.
Limited size availability, particularly in sizes 14-24 (with only 8.5% of Nordstrom’s stock), and lack of fashionable choices (60%) are hurdles. Yet, 81% would spend more with better options, and 56% enjoy shopping when successful. With a 50% annual surge in new brands, growth is inevitable. Let’s take a closer look at the most important statistics about the evolving plus size fashion landscape.
This statistic is a testament to the immense potential of the plus size clothing market. It shows that the industry is growing rapidly and is expected to continue to do so in the coming years. This is an important indicator of the industry’s success and provides a great opportunity for businesses to capitalize on the growing demand for plus size clothing. It also serves as a reminder of the importance of catering to the needs of plus size customers and providing them with quality products.
The plus size industry is projected to grow at a CAGR of 5.6% between 2021-2026.
This statistic is a testament to the potential of the plus size industry, indicating that it is a rapidly growing sector with a bright future. It is an important piece of information for anyone interested in the plus size industry, as it provides an insight into the potential for growth and success in the sector. This statistic is a valuable resource for anyone looking to invest in the plus size industry, as it shows that the industry is likely to continue to expand in the coming years. Furthermore, it is a useful tool for those looking to gain a better understanding of the plus size industry, as it provides an indication of the potential for success in the sector.
Plus Size Industry Statistics Overview
67% of American women wear a size 14 or larger.
This statistic is a powerful reminder of the prevalence of plus size women in the United States. It highlights the need for the plus size industry to provide clothing and other products that meet the needs of the majority of American women. It also serves as a reminder that plus size women are an important and growing demographic that should be taken into account when considering the size range of products available.
The plus-size women’s clothing market in the US is estimated to be worth $22.9 billion in 2021.
This statistic is a testament to the immense potential of the plus-size women’s clothing market in the US. It highlights the fact that the industry is growing rapidly and is expected to reach a staggering $22.9 billion in 2021. This is a clear indication that the plus-size clothing industry is a lucrative and profitable sector that is worth investing in.
Online sales account for around 37.8% of the total plus-size women’s clothing sales in 2021.
This statistic is a testament to the growing importance of online sales in the plus-size women’s clothing industry. It shows that the industry is adapting to the changing consumer landscape and is taking advantage of the convenience and accessibility of online shopping. This statistic is a clear indication that the plus-size women’s clothing industry is thriving and is an important part of the overall retail landscape.
81% of plus-size women say they would spend more on clothing if they had more options in their size.
This statistic is a powerful indicator of the need for more options in the plus-size clothing market. It speaks to the fact that plus-size women are eager to invest in clothing that fits their body type, but are limited in their choices. This statistic is a clear call to action for clothing retailers to expand their plus-size offerings and provide more options for this underserved market.
By 2023, the plus-size men’s clothing market is predicted to be worth $3.3 billion globally.
This statistic is a testament to the growing demand for plus-size men’s clothing, indicating that the plus-size industry is a lucrative and rapidly expanding market. It is a clear indication that the industry is responding to the needs of a growing population of plus-size men, and that the industry is likely to continue to grow in the coming years. This statistic is an important reminder that the plus-size industry is an important and growing sector of the fashion industry.
60% of plus-size women report having trouble finding fashionable clothing in their size.
This statistic is a powerful reminder of the need for more inclusive fashion options for plus-size women. It highlights the fact that many plus-size women are struggling to find clothing that is both fashionable and available in their size. This statistic is a call to action for the fashion industry to create more options for plus-size women that are both stylish and accessible.
Plus size-market is expected to grow to $696.71 billion by 2027.
This statistic is a testament to the immense potential of the plus size market, indicating that it is a lucrative and growing industry. It is a clear indication that the plus size industry is here to stay and is likely to continue to expand in the coming years. This statistic is an important reminder that the plus size industry is an important part of the fashion industry and should not be overlooked.
Europe and the Asia Pacific region together account for over 65% of the global plus-size clothing market.
This statistic is a powerful indicator of the immense potential of the plus-size clothing market. It shows that the two largest regions in the world are already heavily invested in this sector, and that there is still plenty of room for growth. This is an exciting prospect for businesses looking to capitalize on the plus-size clothing market, as it suggests that there is a large and untapped customer base that could be reached.
56% of plus-size women say they enjoy shopping for clothes.
This statistic is a powerful reminder that plus-size women are not only capable of enjoying shopping for clothes, but that they actually do. It speaks to the importance of creating a shopping experience that is tailored to the needs of plus-size women, and it highlights the potential of the plus-size industry. It is a sign that plus-size women are not only capable of finding clothes that they like, but that they are actively seeking out and enjoying the shopping experience.
By 2026, the plus-size women’s apparel market will reach a revenue of $191.45 billion.
This statistic is a testament to the immense potential of the plus-size women’s apparel market. It shows that the market is growing rapidly and is expected to reach a staggering revenue of $191.45 billion by 2026. This is a clear indication that the plus-size industry is thriving and is an attractive option for investors and entrepreneurs. It also shows that there is a large and growing demand for plus-size apparel, which is a positive sign for the industry. This statistic is a great example of the potential of the plus-size industry and should be taken into consideration when discussing plus-size industry statistics.
The plus-size women’s clothing market in Canada was valued at CAD 884 million in 2018.
This statistic is a testament to the immense potential of the plus-size women’s clothing market in Canada. It highlights the fact that the industry is growing and that there is a large demand for plus-size clothing. This statistic is important for anyone interested in the plus-size industry, as it provides a snapshot of the current market size and potential for growth.
The plus-size clothing market in the UK is expected to see a 4.1% growth in 2021.
This statistic is a testament to the increasing demand for plus-size clothing in the UK, indicating that the market is growing and that more people are embracing their body size and shape. It is a sign of progress in the plus-size industry, and a reminder that the industry is becoming more inclusive and accessible. This statistic is an important piece of information for anyone interested in the plus-size industry, as it provides insight into the current state of the market and its potential for growth.
In the UK, the number of plus-size brands rose by 50.7% between 2015 and 2020.
This statistic is a testament to the growing demand for plus-size clothing in the UK. It shows that the plus-size industry is thriving and that more and more people are embracing their curves and looking for stylish clothing that fits their body type. This statistic is a great example of how the plus-size industry is growing and becoming more accepted in society.
It is estimated that by 2027, the Asia-Pacific plus-size apparel market will grow with a CAGR of 7.3%.
This statistic is a powerful indicator of the potential of the plus-size apparel market in the Asia-Pacific region. With a projected CAGR of 7.3%, it is clear that the industry is set to experience significant growth in the coming years. This is an exciting prospect for those involved in the plus-size apparel industry, as it suggests that there is a large and growing demand for their products.
Conclusion
The plus size industry is growing rapidly, with the global market estimated to be worth $178.56 billion in 2021 and projected to reach a value of $253.97 billion by 2026 at a CAGR of 5.6%. This growth can largely be attributed to an increase in demand from consumers; 67% of American women wear sizes 14 or larger, while 81% say they would spend more on clothing if there were more options available for them in their size. The US plus-size apparel market alone was valued at $22.9 billion in 2021 and online sales accounted for 37.8% of total sales that year – indicating strong consumer interest across all channels when it comes to purchasing plus-size clothing items.
Plus-size fashion has also seen significant growth outside the UIn Canada, the market was valued at CAD 884 million in 2018; meanwhile, Europe and Asia Pacific together account for over 65% of the global plus-size clothing market share as well as 7 out 10 new product arrivals being launched into this segment globally between 2015–2020 according to Plunkett Research Ltd., UK . Additionally, luxury brands have started recognizing potential opportunities within this sector – although only 1/10th (1%) are currently catering towards these customers’ needs compared with other segments such as petite or maternitywear which accounts for 4%, respectively 6%.
Overall, it is clear that there is huge potential within the Plus Size Industry both domestically and internationally due its rapid expansion rate – expectedly reaching USD 696 Billion by 2027 according to recent estimates from MarketsandMarketsâ„¢ research firm – making now an ideal time for retailers looking capitalize on this trend before competition increases further down line.
References
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3. – https://www.researchandmarkets.com
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6. – https://www.statista.com
7. – https://www.euromonitor.com
8. – https://www.gminsights.com
9. – https://www.demandspring.com
10. – https://www.marketwatch.com
