Fast Fashion Market Growing Massively by 2021-2025 Major Players: Inditex (Zara SA); H&M Group; Fast Retailing (Uniqlo); The Gap, Inc.; ASOS Plc; Urban Outfitters

The “Fast Fashion Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Fast Fashion market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

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The study includes market share analysis and profiles of players such as Inditex (Zara SA); H&M Group; Fast Retailing (Uniqlo); The Gap, Inc.; ASOS Plc; Urban Outfitters.

The global fast fashion market reached a value of nearly $68,634.9 million in 2020, having decreased at a compound annual growth rate (CAGR) of -3.0% since 2015. The market is expected to grow from $68,634.9 million in 2020 to $163,468.5 million in 2025 at a rate of 19.0%. The market is then expected to grow at a CAGR of 5.3% from 2025 and reach $211,909.7 million in 2030.

Market Overview:

Growth in the historic period resulted from a rise in foreign direct investments, emerging markets growth, growth in media development, and technology developments.

Factors that negatively affected growth in the historic period were lack of resources, reductions in free trade, and increasing inventory levels. Going forward, increasing adoption of trendy clothes by the growing youth population, increasing penetration of social media, growing demand for sportswear and performance wear, and low-cost production will drive the growth. Factors that could hinder the growth of the fast fashion market in the future include increasing transparency of poor working conditions, negative environmental impact, counterfeit products, limited cotton production, and the impact of COVID-19.

The fast fashion market is segmented by gender into males and females clothing. The female market was the largest segment of the fast fashion market segmented by type, accounting for 60.3% of the total in 2020. Going forward, the female segment is expected to be the fastest-growing segment in the fast fashion market, at a CAGR of 20.3% during 2020-2025.

The fast fashion market is also segmented by age into adult wear, teens wear, and kidswear. The adult market was the largest segment of the fast fashion market segmented by age, accounting for 85.9% of the total in 2020. Going forward, the teens wear segment is expected to be the fastest-growing segment in the fast fashion market, at a CAGR of 23.6% during 2020-2025.

The fast fashion market is also segmented by type into pants, shirts, dresses & skirts, coats, and other apparel. The other apparel market was the largest segment of the fast fashion market segmented by type, accounting for 33.9% of the total in 2020. Going forward, the dresses & skirts segment is expected to be the fastest growing segment in the fast fashion market, at a CAGR of 23.8% during 2020-2025.

The Asia Pacific was the largest region in the global fast fashion market, accounting for 29.7% of the total in 2020. It was followed by North America, Western Europe, and then the other regions. Going forward, the fastest-growing regions in the fast fashion market will be South America, and the Middle East, where growth will be at CAGRs of 32.4% and 28.9% respectively. These will be followed by Africa, and Eastern Europe where the markets are expected to grow at CAGRs of 25.2% and 23.0% respectively.

The global fast fashion market is fairly fragmented, with large number of small players in the market. The top ten competitors in the market made up 29.13% of the total market in 2020. Major players in the market include Inditex (Zara SA), H&M Group, Fast Retailing (Uniqlo), The Gap, Inc., and ASOS Plc.

The top opportunities in the fast fashion market segmented by gender will arise in the female market segment, which will gain $63,037.7 million of global annual sales by 2025. The top opportunities in the fast fashion market segmented by age will arise in the adult wear segment, which will gain $77,659.3 million of global annual sales by 2025.

The top opportunities in the fast fashion market segmented by type will arise in the other apparel segment, which will gain $32,312.2 million of global annual sales by 2025. The fast fashion market size will gain the most in China at $17,401.8 million.

The countries covered in the Fast Fashion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

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https://www.marketinsightsreports.com/reports/11103735696/fast-fashion-global-market-opportunities-and-strategies-to-2030-covid-19-growth-and-change-including-1-by-gender-male-female-2-by-age-adults-wear-teens-wear-kids-wear-3-by-type-pants-coats-dresses-skirts-shirts-others-covering-inditex-zara-sa-h-m-group-fast-retailing-uniqlo-the-gap-inc-asos-plc-urban-outfitters?Mode=28             

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Fast Fashion market.

The study objectives of this report are:

To study and analyze the global Fast Fashion size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2024, and forecast to 2025.
To understand the structure of Fast Fashion by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Fast Fashion manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Fast Fashion with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Fast Fashion submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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