PUBLISHER: GlobalData | PRODUCT CODE: 1901440
PUBLISHER: GlobalData | PRODUCT CODE: 1901440
The fast fashion market grew 4.3% to reach $221.2bn in 2024, greatly outperforming the total apparel market, driven by Shein's outstanding growth. In 2025, the market is expected to grow 4.5%, showcasing great momentum despite economic headwinds. Between 2024 and 2029, the market is forecast to rise at a CAGR of 4.0%, gradually slowing as it becomes more mature but still outperforming the total apparel market.