Topic: Apparel market in the UK (2024)

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UK apparel retail market Manufacturing & trade Key insights Editor’s Picks Current statistics on this topic Current statistics on this topic Related topics Recommended Recommended statistics Overview of the UK apparel market Overview of the UK apparel market Manufacturing, trade, and wholesale Manufacturing, trade, and wholesale Sales and expenditure Sales and expenditure Physical stores Physical stores Consumer surveys Consumer surveys Further reportsGet the best reports to understand your industry Get the best reports to understand your industry Contact
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    • The retail market in the United Kingdom (UK) has faced several challenges over the past months and years, with the coronavirus (COVID-19) pandemic, supply chain issues, and more recently, inflation and rising energy and sourcing costs. In 2022, the revenue of the apparel market in the UK was estimated to be just under 58.5 billion British pounds, marginally less than in the previous year. However, the market is projected to recover, eventually reaching more than 75 billion British pounds by 2026. Data on different segments in the industry indicated that women's apparel generates far higher revenues than the men's and children's apparel segments.

    UK apparel retail market

    In 2022, the value of clothing retail sales in Great Britain increased by roughly 23 percent. There are many well-known brands and retailers in the UK market, some of which generate billions of pounds in revenue, including high street retailers, such as Primark and Next, and online shops, like ASOS. The number of specialized clothing retail stores in the UK came to over 12,200 in 2022. This was the highest number since 2008.

    Manufacturing & trade

    The apparel manufacturing market in the UK has also seen changes in recent years. Despite the number of apparel manufacturing enterprises actually growing over the last five years, the annual turnover of apparel manufacturers in the UK has steadily fallen since 2015. The value of clothing exports from the country fell dramatically in 2021, to just over four billion pounds, with exports to the EU worth less than half as much as the year before. This worsened in 2022, as both EU and non-EU exports fell.

    This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

    P. Smith

    Research expert covering apparel industry and general merchandise

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    Published by P. Smith, Dec 20, 2023

    Key insights

    Annual expenditure on clothing in the UK
    57.84bn GBP

    Topic: Apparel market in the UK (2)

    Detailed statistics

    Clothing purchase trend in the United Kingdom (UK) 2005-2022

    Number of specialized clothing stores in the UK
    12.2k

    Topic: Apparel market in the UK (3)

    Detailed statistics

    Number of clothing retail stores in the United Kingdom (UK) 2008-2021

    Number of UK clothing wholesalers making more than 10 million GBP
    220

    Topic: Apparel market in the UK (4)

    Detailed statistics

    Number of clothing and footwear wholesalers in the UK 2023, by turnover

    Get more insights

    Editor’s Picks Current statistics on this topic

    Current statistics on this topic

    Related topics

    Recommended

    5

    Recommended statistics

    Overview of the UK apparel market

    Manufacturing, trade, and wholesale

    Sales and expenditure

    Physical stores

    Consumer surveys

    Further reportsGet the best reports to understand your industry

    Get the best reports to understand your industry

    Contact

    Get in touch with us. We are happy to help.

    Topic: Apparel market in the UK (47)

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    Topic: Apparel market in the UK (2024)
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