Fashion E-Commerce Market Is Booming Worldwide by 2027 | Amazon; Zalando; Alibaba; eBay; Flipkart

Fashion E-Commerce Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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The global fashion e-commerce market reached a value of nearly $549,550.39 million in 2020, having increased at a compound annual growth rate (CAGR) of 7.7% since 2015.

Top leading Companies Profiled in Fashion E-Commerce Market Report are Amazon; Zalando; Alibaba; eBay; Flipkart

Markets Segmentation:

1) By Product: Apparel/Clothing; Accessories; Footwear; Cosmetics; Others

2) By Model Type: Business To Business (B2B); Business To Consumer (B2C)

3) By End-Use Industry: Men; Women; Kids

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

Market Overview

The market is expected to grow from $549,550.39 million in 2020 to $929,378.49 million in 2025 at a rate of 11.1%. The growth is mainly due to the increasing awareness about e-commerce among the population and increase in mobile phone usage which is expected to drive the demand for fashion e-commerce. The market is expected to grow from $929,378.49 million in 2025 to $1,896,829.88 million in 2030 at a CAGR of 15.3 %.

Growth in the historic period resulted from increase in online mode of payment, rise in disposable income, increased internet penetration and low interest rate environment. Factors that negatively affected growth in the historic period were increased raw material cost and privacy and security concerns regarding the online data.

Going forward, increasing new payment modes, rising awareness about e-commerce, global economic growth, increasing mobile phone penetration, changing customer preferences, and rapid urbanization will drive the growth. Factors that could hinder the growth of the fashion e-commerce market in the future include growing privacy concerns, reduction in free trade, and rising concerns over the quality of the product.

The fashion e-commerce market is segmented by product into apparel/clothing, accessories, footwear, cosmetics, and others. The apparel/clothing market was the largest segment of the fashion e-commerce market segmented by product, accounting for 54.3% of the total in 2020. Going forward, the accessories segment is expected to be the fastest growing segment in the fashion e-commerce market, at a CAGR of 15.2% during 2020-2025.

The fashion e-commerce market is also segmented by end-user into men, women, and kids. The women market was the largest segment of the fashion e-commerce market segmented by end-user, accounting for 53.9% of the total in 2020. Going forward, the men segment is expected to be the fastest growing segment in the fashion e-commerce market, at a CAGR of 12.3% during 2020-2025.

The fashion e-commerce market is also segmented by model type into business to business (B2B) and business to consumer (B2C). The business to consumer (B2C) market was the largest segment of the fashion e-commerce market segmented by model type, accounting for 85.4% of the total in 2020. Going forward, the business to consumer (B2C) segment is expected to be the fastest growing segment in the fashion e-commerce market, at a CAGR of 11.5% during 2020-2025.

Asia Pacific was the largest region in the global fashion e-commerce. market, accounting for 32.0% of the total in 2020. It was followed by Western Europe, North America and then the other regions. Going forward, the fastest-growing regions in the fashion e-commerce market will be the South America and Middle East, where growth will be at CAGRs of 16.7% and 15.7% respectively during 2020-2025. These will be followed by Africa and Eastern Europe, where the markets are expected to grow at CAGRs of 13.1% and 12.1% respectively.

The global fashion e-commerce market is fragmented, with large number of players. The top ten competitors in the market made up to 12.1% % of the total market in 2019. Major players in the market include Amazon, Zalando, Alibaba, eBay, Flipkart, ASOS, Stitch Fix, Boohoo.com, Global Fashion Group, and Farfetch.

The top opportunities in the fashion e-commerce market segmented by product will arise in the apparel/clothing segment, which will gain $155,324.7 million of global annual sales by 2025.The top opportunities in the fashion e-commerce market segmented by type of end-user will arise in the women segment, which will gain $186,287.0 million of global annual sales by 2025.The top opportunities in the fashion e-commerce market segmented by modal type will arise in the business to consumer (B2C) segment, which will gain $340,983.0 million of global annual sales by 2025.The fashion e-commerce market size will gain the most in the USA at $61,990.2 million.

Market-trend-based strategies for the fashion e-commerce market include use of artificial intelligence (AI) powered virtual assistants, use of augmented reality, increasing demand for sustainable and ethical fashion. Companies should also look at investing in social media marketing tactics to increase profits. Player-adopted strategies in the fashion e-commerce market includes acquiring emerging companies, expanding brand portfolios through new product launches and expanding business operations in other regions

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Key Takeaways from Fashion E-Commerce Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Fashion E-Commerce market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Fashion E-Commerce market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Fashion E-Commerce

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In conclusion, the Fashion E-Commerce market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Fashion E-Commerce Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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