Global Fashion E-Commerce Market (2020 to 2030) - COVID-19 Growth and Change - ResearchAndMarkets.com

The "Fashion E-Commerce Global Market Report 2020-30: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

This provides the strategists, marketers and senior management with the critical information they need to assess the global fashion e-commerce market.

This report focuses on the fashion e-commerce market which is experiencing strong growth. The report gives a guide to the fashion e-commerce market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

The global fashion e-commerce market is expected to decline from $531.25 billion in 2019 to $485.62 billion in 2020 at a compound annual growth rate (CAGR) of -8.59%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is expected to recover and reach $672.71 billion in 2023 at a CAGR of 11.48%.

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The fashion e-commerce market consists of sales of fashion goods and its related services through online channels. Fashion goods include fashion accessories, clothes, shoes, bags, jewelry, cosmetics, and other luxury goods. The fashion e-commerce market comprises of revenue generated by the establishments using several online platforms and tools for trading fashion products.

North America was the largest region in the fashion e-commerce market in 2019. Asia Pacific is expected to be the fastest-growing region in the forecast period.

Technological innovations are a leading trend in the fashion e-commerce industry. The companies dealing in the market are adopting new technologies such as artificial intelligence (AI), barcode scanners, virtual reality outfits, and e-commerce automation tools that offer highly personalized and relevant consumer experience. Moreover, many fashion companies are launching new apps to sell their products online in order to reach a large consumer base. For instance, in June 2019, Amazon launched an AI-powered tool named StyleSnap, which uses machine learning to find similar styles and clothes. StyleSnap is an app wherein people can take a picture, upload, and search for similar clothes available on Amazon.com.

The fashion e-commerce market covered in this report is segmented by product into apparel/clothing; accessories; footwear; cosmetics; others and by end user into men; women; children.

Key Topics Covered:

1. Executive Summary

2. Fashion E-Commerce Market Characteristics

3. Fashion E-Commerce Market Size And Growth

3.1. Global Fashion E-Commerce Historic Market, 2015 - 2019, $ Billion

3.2. Global Fashion E-Commerce Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

4. Fashion E-Commerce Market Segmentation

4.1. Global Fashion E-Commerce Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

4.2. Global Fashion E-Commerce Market, Segmentation By End User, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5. Fashion E-Commerce Market Regional And Country Analysis

5.1. Global Fashion E-Commerce Market, Split By Region, Historic and Forecast

5.2. Global Fashion E-Commerce Market, Split By Country, Historic and Forecast

Companies Mentioned

• Amazon
• Flipkart
• Alibaba
• Snapdeal
• ebay
• Myntra
• ShoClues
• AliExpress
• HomeShop18
• Jabong
• SHEIN
• Koovs
• Flo Mattress
• Yebhi
• Biba
• Nykaa
• Decathlon
• Pepperfry
• Naaptol
• Shopclues.com
• ShoppersStop
• Shopping.indiatimes
• Shopping.rediff
• StalBuyLove.com
• Styletag
• Stylista
• Yebhi

For more information about this report visit https://www.researchandmarkets.com/r/spmruq

View source version on businesswire.com: https://www.businesswire.com/news/home/20201231005175/en/