The Shirt Industry Is Worth Billions Of Dollars

The Shirt Industry Is Worth Billions Of Dollars

If each person owned only one jacket, one shirt, and one pair of pants, there could have been 21 billion clothing items. However, most of us own three or more clothing items. Clothing is a basic human need. That makes the clothing industry to be worth trillions of dollars. It was worth over $2 trillion in 2010.

In 2010, the world market for cotton textiles was worth more than $5 billion. In 2014, the world’s menswear industry exceeded $400 billion. In the same year, the world’s women’s wear industry was worth over $600 billion. Women usually spend more money on clothes than men do.

Who Spends the Most on Shirts?

Australians spend the most on shirts and other clothes. The Canadians, and then the Japanese follow them. The Americans come at fifth place.

In the USA, Manhattan shoppers spend the most money on shirts and other pieces of clothing. On the other hand, shoppers in Tucson, Arizona spend the least amount of money on shirts.

Shirts are Popular

The shirt is a ubiquitous clothing item. Most likely, you own a number of t-shirts. There are shirts for men and those for women. People of all ages usually wear shirts. Young people love pop culture shirts.

In some workplaces, both men and women have to wear shirts. The average professional owns more than a dozen shirts. The most popular shirt is the white shirt. On any given day, most people usually wear shirts. From Monday to Friday, most people prefer wearing formal shirts. During the weekend, people wear either informal shirts or t-shirts.

The best match for a formal shirt is a formal trouser. You should contrast colors. That means that if you wear a white shirt you should wear a black pair of trousers. You can choose to wear a coat on top of a shirt. A pair of suit will come with its unique shirt. You can wear an informal shirt with a pair of trousers or shorts.

Cotton shirts are very popular. The cotton industry generates more than $20 billion each year. It far exceeds the annual revenue generated by the jewelry industry ($7 billion) and the music industry ($3 billion).

A Perfectly Fitting Shirt

The best choice will be a perfectly fitting shirt. A long sleeve shirt can be longer to the extent that you have to tuck it. A short sleeve should not go very far from the belt level. You should never tuck a short sleeve shirt.

The Bottom-Line

There are certain clothing items that you should have in your wardrobe. Whether you are a man or a woman, you need to have different types of shirts.

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