The Australian apparel market is poised for significant growth with projected revenues of US $ 21.72 billion by 2024 end, as per Statista.
The market is expected to grow at a CAGR of 2.21 per cent between 2024 and 2029.
As per data, women’s apparel segment dominates the Australian market with US $ 11.86 billion in 2024, followed by men’s apparel (US $ 6.35 billion) and kids clothing (US $ 3.51 billion).
Australians are anticipated to spend an average of US $ 812.90 per person on apparel in 2024, signifying strong consumer engagement with fashion products.
By 2029, as per Statista, the Australian apparel market is expected to reach a volume of 1.8 billion pieces, with an average of 63.8 pieces per person in 2024.
It’s worth mentioning here that, on the global stage, the USA leads the apparel market with revenues forecasted at US $ 359 billion in 2024. Australia, though smaller in scale, shows promising potential.
Bharat Tex Special Report 2026 
