Press release
Fast Fashion Market Professional Analysis, Global Industry Outlook And Forecast Report 2020-2030
The global fast fashion market is expected to decline from $35.8 billion in 2019 and to $31.4 billion in 2020 at a compound annual growth rate (CAGR) of -12.32%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and reach $38.21 billion in 2023 at CAGR of 6.7%.
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The fast-fashion market consists of sales of clothing and apparel in trend and related services. Fast fashion means garments that move quickly from the catwalk to the stores to meet the new trends. Fast fashion clothing collections are supported by the foremost recent fashion trends presented at Fashion Week.
The fast-fashion market covered in this report is segmented by gender into women`s wear; men`s wear and by age into adults wear; teens wear; kids wear; others. Increasing adoption of affordable clothes by the rising youth population drove the fast fashion market. Virtual and augmented reality is being used by online and offline retailers in the fast fashion market.
Fast Fashion Market Segmentation: -
By Gender
1. Women`s wear
2. Men`s wear
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Few Points From Table Of Content
1. Executive Summary
2. Fast Fashion Market Characteristics
3. Fast Fashion Market Size And Growth
4. Fast Fashion Market Segmentation
5. Fast Fashion Market Regional And Country Analysis
...............
25. Fast Fashion Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Fast Fashion Market
27. Fast Fashion Market Trends And Strategies
28. Fast Fashion Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the fast-fashion market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the fast-fashion market are Zara (Inditex), H&M Group, Fast Retailing (Uniqlo), Gap, Forever 21, Mango, Esprit, Primark, New Look
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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