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Fast Fashion Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Fast Fashion Market SizeThe global Fast Fashion market was valued at US$ 217260 million in 2022 and is anticipated to reach US$ 260930 million by 2029, witnessing a CAGR of 3.1% during the forecast period 2023-2029.
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Fast Fashion Market
Fast fashion is a contemporary term used by fashion retailers to express that designs move from catwalk quickly to capture current fashion trends. Fast fashion allows mainstream consumers to purchase trendy clothing at an affordable price. Fast fashion became common because of cheaper clothing, an increase in the appetite for fashionable clothing, and the increase in purchasing power on the part of consumers. Because of all this, fast fashion is challenging new fashion lines that are introduced on a seasonal basis by traditional fashion houses. In fact, it's not uncommon for fast-fashion retailers to introduce new products multiple times in one week to stay on trend.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry's leading producers are Inditex, H&M Group and Fast Retailing, with revenues of 14.7%, 11.3% and 10.4% respectively in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Fast Fashion, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Fast Fashion.
The Fast Fashion market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Fast Fashion market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Fast Fashion companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
• Coat
• Pants
• Skirt
• Others
Segment by Application
• Men
• Women
• Children
By Company
Inditex, H&M Group, Fast Retailing, GAP, Primark (AB Foods), L Brands, Bestseller, Forever 21, Arcadia, Mango, Esprit, New Look, River Island, C&A, Cotton On, Future Lifestyle Fashions Ltd
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