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Impact Of Growing Online Shopping On The Immersive Fashion Market: The Driving Engine Behind Immersive Fashion Market Evolution in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Immersive Fashion Market Size Growth Forecast: What to Expect by 2025?
The market size of immersive fashion has witnessed significant growth recently. Its valuation is expected to surge from $2.42 billion in 2024 to $2.97 billion in 2025, recording a compound annual growth rate (CAGR) of 23.0%. The preceding growth is credited to factors such as the popularity of online shopping, an inclination towards personalization, increased usage of virtual networks and online communities, the growing influence of social media, and an amplified craving for unique experiences.
How Will the Immersive Fashion Market Size Evolve and Grow by 2029?
In the coming years, the immersive fashion industry's valuation is predicted to skyrocket. It's projected to reach a worth of $6.74 billion by 2029, expanding at a compound annual growth rate (CAGR) of 22.7%. This growth during the forecast period is ascribed to several factors, including the growing propensity to spend extra on immersive experience products, escalating consumer interest in unique, captivating, and engaging shopping, a significant increase in younger generation's preference for digital and gaming experiences, the rising ability to boost brand image, and the potential to lower product return rates by implementing virtual trials. The forecast period will witness some major trends, such as technological progress, the advent of wearable technology, digital prototyping in fashion, virtual fashion events, and a focus on sustainability.
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What Drivers Are Propelling the Growth of Immersive Fashion Market Forward?
A surge in online shopping is anticipated to significantly propel the expansion of the immersive fashion market. Online shopping, which involves the digital acquisition of goods or services, enables consumers to purchase from merchants and have their items shipped to their doorstep. The expansion of online shopping is principally attributed to its convenience, the plethora of product options, and the provision of personalized recommendations. The online shopping landscape is further enriched by immersive shopping, which leverages virtual and augmented reality to offer a more interactive and captivating shopping experience. For example, the U.S. Census Bureau of the Department of Commerce reported that estimated retail e-commerce sales in the U.S. for the second quarter of 2024 hit $282.3 billion, representing a 5.3% (± 0.7) elevation from the first quarter of 2023. Thus, the upsurge in online shopping is fueling the growth of the immersive fashion market.
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Which Emerging Trends Are Transforming the Immersive Fashion Market in 2025?
Leading businesses in the immersive fashion industry are concentrating their efforts on creating superior virtual try-on app encounters to improve the shopping journey. These virtual try-on apps are digital platforms that use augmented reality technology to show users how different items, like clothes or accessories, will appear on them. For instance, Balenciaga, a luxury fashion brand out of France took a stride in July 2024, introducing an app for the Apple Vision Pro headset. This app provided users with exclusive drone perspective and stereoscopic videos from its Spring or Summer 2025 fashion show. This revolutionary app lets users delve into Balenciaga's collections via interactive lookbooks and historical fashion show content, presenting a fresh perspective on experiencing runway shows and brand narratives. The app underscores Balenciaga's dedication to amalgamating pioneering technology to boost audience involvement, thereby establishing the brand as a vanguard in the application of virtual and augmented reality within the fashion arena.
What Are the Key Segments in the Immersive Fashion Market?
The immersive fashionmarket covered in this report is segmented -
1) By Technology: Augmented Reality (AR), Virtual Reality (VR), Mixed Reality (MR)
2) By Device: Smartphones And Tablets, Computer
3) By Application: Virtual Shopping, Virtual Try-On, Virtual Fashion Shows, Virtual Design And Development
Subsegments:
1) By Augmented Reality (AR): AR Virtual Try-On Solutions, AR-Based Interactive Fashion Apps, AR Retail Experiences
2) By Virtual Reality (VR): VR Fashion Shows, VR Retail Environments, VR-Based Design Simulations
3) By Mixed Reality (MR): MR Fashion Experiences, MR Design and Prototyping Tools, MR Retail Integration Solutions
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Who Are the Key Players Shaping the Immersive Fashion Market's Competitive Landscape?
Major companies operating in the immersive fashion market are Louis Vuitton Moet Hennessy (LVMH), Christian Dior SE, Amazon Web Service, Nike Inc., Adidas AG, Hennes & Mauritz AB (H & M), Luxottica Group S.p.A., Guccio Gucci S.p.A., Ralph Lauren Corporation, ASOS plc, Tommy Hilfiger Corporation, Snap Inc., Burberry Group plc, Hugo Boss Group, Tory Burch LLC, Zara España S.A., Farfetch Limited, Balenciaga SA, Obsess Inc., The Fabricant Agency B.V., Aura Vision Labs Ltd., More Dash Inc (DressX)
What Geographic Markets Are Powering Growth in the Immersive Fashion Market?
Europe was the largest region in the immersive fashion market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the immersive fashion market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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