Online Apparel Retailing Market Scope
The online apparel retailing industry is burgeoning with a faster rate. Many sites have cropped up in the past few years to claim their share of a very satisfying retail pie. This competition has also resulted in small and big ventures innovating to try and stay ahead of a ferocious pack. Nowadays, the consumers prefer online purchases mainly due to an increasing time-poverty, changing lifestyle, convenience and flexibility of shopping, and the option of free home delivery. The customers get more options to search, check pictures, and compare prices of apparel online in order to made satisfactory purchase decisions. Additionally, price sensitivity among the consumers is likely to boom more online purchases, as the online retail channels offer apparels at discounted prices.
The market study is being classified by Type (Upper Wear, Bottom Wear and Others), by Application (Women, Men and Children) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States, Chinese, and Indian Vendors will contribute to the maximum growth of Global Online Apparel Retailing market throughout the predicted period.
Alibaba Group (China), Amazon.com (United States), JD.com (China), Rakuten (Japan), Walmart (United States), American Apparel (United States), Benetton (Italy), Cotton On (Australia), Diesel (Italy) and Dolce & Gabbana (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are DKNY (United States), Giordano International (China), Levi Strauss & Co. (United States), Ralph Lauren Corporation (United States), Koovs (India) and Nykaa (India).
AdvanceMarketAnalytics has segmented the market of Global Online Apparel Retailing market by Type, Application and Region.
On the basis of geography, the market of Online Apparel Retailing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 15 Oct 2019, Rakuten, Inc. announced plan to establish an expert advisory council comprised of industry professionals with experience from across the fashion world in order to support realization of its new fashion category strategy, Rakuten Fashion. The Rakuten Fashion strategy aims to create a platform that serves both as a one-stop digital support system for fashion-related businesses and provides high-value added services to fashion customers.
On 4 Oct 2019, Walmart sold online womens apparel brand ModCloth to go global retail. Walmart bought the online apparel start-up in March 2017.
- Artificial Intelligence Is Changing the Face of Online Shopping
- The Rise of Omnichannel
- Convenience and flexibility of Online shopping Driving the Growth of the Market
- The Increased Disposable Income of an Individual Coupled With Changing Lifestyle
- Celebrity Endorsements and Eye Catching Marketing Activities by Online Retailers on Social Media
- The Emerging Demand from the Developing Countries
- The Consumers Still Prefers to Buy from Offline Retail Channels
- Highly Concentrated Market
Key Target AudienceGlobal Online Apparel Retailing Providers, Global Online Apparel Retailing Suppliers, Research Organizations and Consulting Companies, Organizations, Associations and Alliances Related To Online Apparel Retailing, Regulatory & Government Bodies, End Users, Industry Associations, Market Research and Consulting Firms, End Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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