Shein is 1 of the largest fast-fashion retailers worldwide, shipping to customers successful implicit 150 markets.

Known for its comparatively low-priced apparel and wide variety, Shein became 1 of the astir fashionable buying destinations among Gen Z and millennial consumers crossed the world.

The Shein app was downloaded much than 260 cardinal times successful 2023 unsocial and Shein’s yearly income are forecasted to scope $50 cardinal successful 2024.

Continue speechmaking to find the latest statistic connected Shein usage successful 2024.

Here’s a speedy overview of what you’ll find connected this page:

• Key Shein Stats
• Shein Revenue
• Shein Downloads Worldwide
• Shein US Unique Visitors
• Shein Adoption Rate
• Shein Market Share Worldwide
• Shein Sales by Country
• Shein Number of Employees

Key Shein Stats

• Shein brought successful $32.2 billion successful income worldwide successful 2023.
• In the US, Shein had 46.9 million unsocial visitors successful June 2024.
• Shein claimed an 18% marketplace stock worldwide wrong the accelerated manner category.
• Around 1 successful 4 US consumers study buying astatine Shein successful the past 12 months.
• More than 16,000 employees enactment astatine Shein.

Shein Revenue

In 2023, Shein generated an estimated $32.2 billion successful income worldwide, showing a 41.85% year-over-growth.

Analysts forecast that Shein’s gross volition deed $50 cardinal successful 2024.

Here’s a array with Shein’s gross maturation since 2016:

Sources: Reuters, Statista

Shein Downloads Worldwide

The Shein app generated a full of 199.37 million downloads worldwide successful 2024 (as of October).

In 2023, shoppers worldwide downloaded Shein 261.94 cardinal times, showing a 31.38% year-over-year increase.

Here’s a elaborate breakdown of Shein’s yearly app downloads since 2015:

Source: Statista

Shein US Unique Visitors

In June 2024, Shein had 46.9 million unsocial visitors successful the US.

Source: eMarketer

Shein Adoption Rate

In the US, 24% of respondents assertion to person shopped astatine Shein successful the past 12 months, making it 1 of the astir fashionable accelerated manner retailers down Temu and H&M (both astatine 26%).

Among US and UK Gen Z respondents, 30% reported buying astatine Shein successful the past 12 months.

Here’s a elaborate breakdown of Temu adoption complaint successful the US and UK by generation:

Source: Business of Fashion

Shein Market Share Worldwide

According to Coresight Research, Shein is the largest fast-fashion retailer worldwide with a marketplace stock of 18%, followed by Inditex (owner of Zara, Massimo Dutti, and different brands) with 17% and H&M with a 5% share.

Source: Reuters

Shein Sales by Country

According to GlobalData estimates, the US marketplace accounts for a 28.2% stock of Shein income successful 2023, followed by Germany (6.6%) and the United Kingdom (6%).

Here’s a array with the estimated stock of Shein income by state arsenic of 2023:

Source: Reuters

Shein Number of Employees

Shein has much than 16,000 employees worldwide located crossed implicit 20 offices globally.

Source: Shein

The station Shein Revenue and Usage Stats appeared archetypal connected Backlinko.