Worldwide Fashion E-Commerce Industry to 2031 – Identify Growth Segments for Investment – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–“Fashion E-Commerce Global Market Report 2022” has been added to from ResearchAndMarkets.com offer.

This report provides strategists, marketers, and senior management with the essential information they need to assess the global fashion e-commerce market.

The global fashion e-commerce market is expected to grow from $668.1 billion in 2021 to $744.4 billion in 2022 at a compound annual growth rate (CAGR) of 11.4%. The market is expected to reach $1,102.96 billion in 2026 at a compound annual growth rate (CAGR) of 10.3%.

Companies cited

  • Amazon

  • Flipkart

  • Ali Baba

  • Snapdeal

  • ebay

  • Myntra

  • ShoClues

  • AliExpress

  • HomeShop18

  • jabong

  • SHEIN

  • Koov

  • Flo Mattress

  • Yebhi

  • Biba

  • Nykaa

  • Decathlon

  • Pepper fry

  • Naaptol

  • Shopclues.com

  • ShoppersStop

  • shopping.indiatimes

  • Shopping.rediff

  • StalBuyLove.com

  • style label

  • Stylist

  • Yebhi

Reasons to buy

  • Gain a truly global perspective with the most comprehensive market report available covering over 12 geographies

  • Understand how the market is affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus diminishes

  • Create regional and national strategies based on local data and analysis

  • Identify growth segments for investment

  • Outperform your competition using forecast data and the drivers and trends shaping the market

  • Understand customers based on the latest market research

  • Benchmark performance against leading competitors

  • Use relationships between key data sets for better strategy

  • Suitable to support your internal and external presentations with reliable high quality data and analysis

The fashion e-commerce market consists of the sale of fashion products and their associated services through online channels. Fashion items include fashion accessories, clothing, shoes, bags, jewelry, cosmetics and other luxury goods. The fashion e-commerce market includes revenue generated by establishments using multiple online platforms and tools for trading fashion products.

The main fashion e-commerce products are clothing, accessories, shoes, cosmetics and other products. Accessories refer to items of equipment that are usually not essential, but are used with or added to something else to make it more effective, useful or decorative. The different types of models are business to business (B2B) and business to consumer (B2C). The different end users concerned are men, women and children.

Asia-Pacific was the largest fashion e-commerce market region in 2021. Western Europe was the second-largest fashion e-commerce market region. Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The growing use of the internet and smartphones is expected to help the fashion e-commerce industry expand. According to the Digital 2019 Global Overview Report, the total number of phone users, including smartphones and feature phones, reached 4.78 billion, or 61.51% of the world’s population in 2019. There were 3.5 billion smartphone users in 2019. This has also led to an increase in the number of online shoppers. This scenario is expected to drive demand for fashion and other e-commerce markets, generating higher revenues for the online fashion industry over the next few years.

Rules regarding website content and consumer information security are expected to limit market growth. Business rules and regulations regarding website content make it difficult for players to run their business. A major concern is to make the use of local languages ​​mandatory on their website, as in countries with more than one local official language, this leads to a higher cost for companies dealing in retail in line. This scenario is expected to act as a drag for the fashion e-commerce market.

Weakened brand trust and loyalty and high return rates are other major concerns for the growth of the fashion e-commerce market. Declining brand loyalty can be due to several factors, including product quality, a lack of selection options, or better prices elsewhere. This, in turn, explains the high return rates.

Technological innovations are a major trend in the fashion e-commerce industry. Companies in the market are adopting new technologies such as artificial intelligence (AI), barcode scanners, virtual reality wearables, and e-commerce automation tools that deliver highly personalized consumer experiences and relevant. Moreover, many fashion companies are launching new apps to sell their products online to reach a large consumer base.

Main topics covered:

1. Summary

2. Characteristics of the fashion e-commerce market

3. Fashion E-commerce Market Trends and Strategies

4. Impact of COVID-19 on fashion e-commerce

5. Fashion e-commerce market size and growth

6. Fashion e-commerce market segmentation

7. Regional and Country Analysis of the Fashion E-commerce Market

For more information about this report, visit https://www.researchandmarkets.com/r/ujusaj.

Leave a Comment