£10.9bn
£XXX.Xm
33,915
1,243
£XXX.Xm
Over the five years through 2024-25, revenue in the fast-fashion industry is expected to creep up at a compound annual rate of 1.5%, reaching £10.9 billion. This includes a 2.1% rise over 2024-25, where profit is anticipated to reach 5.6%. Fast fashion remains in high demand, having benefitted hugely from the growth of social media. Photos and videos constantly drive sales posted online, with people wanting to look their best and seek out the latest trendy clothes and accessories. Disposable income levels, fashion and styling trends and environmental awareness levels affect demand for fast fashion items.
Industry revenue has grown at a CAGR of 1.5 % over the past five years, to reach an estimated £10.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Primark Stores Ltd | 3,997.1 | |
ITX UK Ltd | 1,664.0 | |
ASOS.com Ltd | 1,481.2 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Women's Clothing, Men's Clothing and Infant and Children's Clothing. Women's Clothing is the largest segment of the Fast Fashion in the UK.
Stiff competition eats into women's clothing sales
Fast fashion retailers provide the latest fashion styles at affordable prices. They typically take trends from runway shows and deliver them as new collections for mass consumption. Retailers have short production and distribution lead times, which enables them to adapt their product range to current and emerging trends in as little as two weeks.
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SIC 14 - Fast Fashion in the UK
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Including values and annual change:
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Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Fast Fashion in the UK industry in United Kingdom is £10.9bn in 2024.
There are 1,243 businesses in the Fast Fashion in the UK industry in United Kingdom, which has grown at a CAGR of 1.7 % between 2019 and 2024.
The market size of the Fast Fashion in the UK industry in United Kingdom has been growing at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Fast Fashion in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Fast Fashion market in United Kingdom are Primark Stores Ltd, ITX UK Ltd and ASOS.com Ltd
Women's clothing and Men's clothing are part of the Fast Fashion in the UK industry.
The company holding the most market share in United Kingdom is Primark Stores Ltd.
The level of competition is very high and increasing in the Fast Fashion in the UK industry in United Kingdom.