Global E-commerce Apparel Market Size is projected to reach USD 1087.88 Billion by 2030, growing at a CAGR of 7.85%: Straits Research

The Global E-commerce Apparel Market size was valued at USD 551.06 billion in 2021 and is predicted to reach at USD 1087.88 billion by 2030, increasing at a CAGR of 7.85% from 2022 to 2030, The men's apparel type segment is predicted to grow at a CAGR of 7.56 percent from 2022 to 2030.

 | Source: Straits Research Straits Research

New York, United States, Sept. 20, 2023 (GLOBE NEWSWIRE) -- E-commerce and e-marketplace have changed the garment industry. Online shopping is handy and allows one to stock up on favorite brands. Clothing outsold all other categories, including food and household products, on e-commerce platforms. B2C growth analysis studies from around the world, especially India, show a surge in Internet-driven sales and purchases.

Apparel and accessories are top-earning categories in North America, Western Europe, and developed Asian countries. These countries have more internet shoppers, especially for clothes, than other regions. This figure is often more popular than books and video games. According to reports, e-commerce platforms are helping the apparel fashion market in India.

Demand from developed nations like Europe and North America, where apparel is popular on e-commerce platforms, has helped the market grow. Sales have increased due to more working women, a larger female population, and more female spending power. Celebrities and social media influence manufacturers to create new designs and trends.

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Technological Advances Benefit Online Apparel Sales and Returns

Technology is reshaping the online clothes sector. Online clothes companies emphasize customization and prediction. Virtusize, an online fashion expert, uses AI to measure customers' closet clothes to recommend the right size.

People want precisely fitting garments, especially online. IT businesses are developing AI techniques to remove online sizing ambiguities. As a result, online clothes merchants are reporting higher sales and fewer returns.

Smartphone apps help online consumers differentiate goods. AI and data help brands learn shoppers' habits and preferences. Social media and e-commerce platforms create new potential for brands.

E-Acceptance Urbanization and Disposable Income Are Boosting Consumer Commerce

Changing consumer buying patterns, technological improvements, and urbanization will drive market growth. Internet growth and smartphone use also fuel market growth. Middle-class growth and discretionary income fuel market growth. As more individuals use the internet and cellphones, e-commerce clothes will rise.

E-commerce is increasing popularity since buyers can buy things from their homes or offices, fueling market growth. Increased internet penetration has made apparel shopping faster and more convenient, which will fuel market growth during the forecast period. E-commerce companies give savings and easy access to a variety of products, which saves time and money and boosts the market.

Sustainability And ReCommerce Will Create New Opportunities

Since its inception, online fashion has shown tremendous adaptability, which adds to its quick growth. Changes include reCommerce and sustainable practices. "reCommerce" refers to renting, reselling, or giving away used clothing through thrift shops or traditional retail establishments. As a result of the pandemic, people want cost-effective and environmentally responsible items. As more talks take place, reCommerce and sustainability will grow, creating new opportunities.

Because of advances in AI and personalization, it is hard to predict the eCommerce apparel industry's future growth.

Report Scope

Report Metric Details
Market Size by 2030 USD 1087.88 billion
Market Size in 2021 USD 551.06 billion
CAGR 7.85% (2022-2030)
Historical Data 2019-2020
Base Year 2021
Forecast Period 2022-2030
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered By Type, By Regions
Geographies Covered North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors Amazon.com, Inc, Alibaba Group Holding Limited, eBay.com, Flipkart, Walmart, Inc., The Home Depot, Inc, Shopify, Inc., JD.com, Inc., Rakuten, Inc., B2W Digital, Groupon, Inc., Best Buy Co. Inc.,
Key Market Opportunities Sustainability And ReCommerce Will Create New Opportunities
Key Market Drivers Technological Advances Benefit Online Apparel Sales and Returns

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Regional Insights

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the Global E-commerce Apparel Market.

Europe owned more than 35% of the worldwide e-commerce apparel market in 2021. This increase is due to growing demand for women's clothes in developed countries, especially the UK, France, and Germany. Europe is a major player in the global garment business due to its fashion trends and extensive acceptance of designer goods. All these factors should fuel the market's growth in this region. Changing client lives and habits also drive market growth over the forecast period.

The Asia-Pacific market is expected to increase 8.86% annually from 2022 to 2030 because to growing demand in China, Japan, Malaysia, and India. The region's growing middle class should drive this growth. The rise in internet access and the region's large concentration of middle-class people are crucial factors in this business's expansion. Rising discretionary spending and an expanding labor force stimulate the growth of this sector. Manufacturers are also creating innovative products for young buyers. As a result, regional demand should rise.

Key Highlights

  1. The Global E-commerce Apparel Market Size is predicted to reach at USD 1087.88 billion by 2030, increasing at a CAGR of 7.85% from 2022 to 2030.
  2. By Type, the Global E-commerce Apparel Market is divided into three segments which are Women's Apparel, Men's Apparel, and Children's Apparel. In 2021, the women's apparel type category generated the most sales.
  3. By Region, the Global E-commerce Apparel Market is divided into five regional segments which are North America, Europe, Asia-Pacific (APAC), Latin America, and Middle East and Africa (MEA).
  4. Asia Pacific, the market is predicted to dominate.

Competitive Landscape

  1. Amazon.com, Inc
  2. Alibaba Group Holding Limited
  3. eBay.com
  4. Flipkart
  5. Walmart, Inc.
  6. The Home Depot, Inc
  7. Shopify, Inc.
  8. JD.com, Inc.
  9. Rakuten, Inc.
  10. B2W Digital
  11. Groupon, Inc.
  12. Best Buy Co. Inc.

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Global E-commerce Apparel Market: Segmentation

BY TYPE

  • Women's Apparel
  • Men's Apparel
  • Children's Apparel

BY GEOGRAPHY

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Latin America
  • Middle East and Africa (MEA)

TABLE OF CONTENT

  1. EXECUTIVE SUMMARY
  2. RESEARCH SCOPE & SEGMENTATION
    1. Research Objectives
    2. Market Definition
    3. Limitations & Assumptions
    4. Market Scope & Segmentation
    5. Currency & Pricing Considered
  3. MARKET OPPORTUNITY ASSESSMENT
    1. Emerging Regions / Countries
    2. Emerging Companies
    3. Emerging Applications / End Use
    4. Investment Landscape
    5. New Business Models / Revenue Streams
    6. TAM
  1. MARKET TRENDS
    1. Drivers
    2. Market Warning Factors
    3. Latest Macro Economic Indicators
    4. Geopolitical Impact
    5. Human Factors
    6. Technology Factors
  1. MARKET ASSESSMENT
    1. Porters Five Forces Analysis
    2. Value Chain Analysis
    3. Sales And Distribution Channel Analysis
    4. Average Pricing Analysis
    5. Patent Analysis
    6. M & A Agreements & Collabration Analysis
    7. Export Import Analysis
  1. ESG TRENDS
  2. GLOBAL E-COMMERCE APPAREL MARKET SIZE ANALYSIS
    1. Global E-Commerce Apparel Market Introduction
    2. By Type
      1. Introduction
        1. Type By Value
      1. Women's Apparel
        1. By Value
      1. Men's Apparel
        1. By Value
      1. Children's Apparel
        1. By Value
  1. NORTH AMERICA MARKET ANALYSIS
    1. Introduction
    2. By Type
      1. Introduction
        1. Type By Value
      1. Women's Apparel
        1. By Value
      1. Men's Apparel
        1. By Value
      1. Children's Apparel
        1. By Value
    1. U.S.
      1. By Type
        1. Introduction
          1. Type By Value
        2. Women's Apparel
          1. By Value
        3. Men's Apparel
          1. By Value
        4. Children's Apparel
          1. By Value
    1. Canada
  1. EUROPE MARKET ANALYSIS
    1. Introduction
    2. By Type
      1. Introduction
        1. Type By Value
      1. Women's Apparel
        1. By Value
      1. Men's Apparel
        1. By Value
      1. Children's Apparel
        1. By Value
    1. U.K.
      1. By Type
        1. Introduction
          1. Type By Value
        2. Women's Apparel
          1. By Value
        3. Men's Apparel
          1. By Value
        4. Children's Apparel
          1. By Value
    1. Germany
    2. France
    3. Spain
    4. Italy
    5. Russia
    6. Nordic
    7. Benelux
    8. Rest Of Europe
  1. APAC MARKET ANALYSIS
    1. Introduction
    2. By Type
      1. Introduction
        1. Type By Value
      1. Women's Apparel
        1. By Value
      1. Men's Apparel
        1. By Value
      1. Children's Apparel
        1. By Value
    1. China
      1. By Type
        1. Introduction
          1. Type By Value
        2. Women's Apparel
          1. By Value
        3. Men's Apparel
          1. By Value
        4. Children's Apparel
          1. By Value
    1. Korea
    2. Japan
    3. India
    4. Australia
    5. Taiwan
    6. South East Asia
    7. Rest Of Asia-Pacific
  1. MIDDLE EAST AND AFRICA MARKET ANALYSIS
    1. Introduction
    2. By Type
      1. Introduction
        1. Type By Value
      1. Women's Apparel
        1. By Value
      1. Men's Apparel
        1. By Value
      1. Children's Apparel
        1. By Value
    1. UAE
      1. By Type
        1. Introduction
          1. Type By Value
        2. Women's Apparel
          1. By Value
        3. Men's Apparel
          1. By Value
        4. Children's Apparel
          1. By Value
    1. Turkey
    2. Saudi Arabia
    3. South Africa
    4. Egypt
    5. Nigeria
    6. Rest Of MEA
  1. LATAM MARKET ANALYSIS
    1. Introduction
    2. By Type
      1. Introduction
        1. Type By Value
      1. Women's Apparel
        1. By Value
      1. Men's Apparel
        1. By Value
      1. Children's Apparel
        1. By Value
    1. Brazil
      1. By Type
        1. Introduction
          1. Type By Value
        2. Women's Apparel
          1. By Value
        3. Men's Apparel
          1. By Value
        4. Children's Apparel
          1. By Value
    1. Mexico
    2. Argentina
    3. Chile
    4. Colombia
    5. Rest Of LATAM
  1. COMPETITIVE ASSESSMENT
    1. E-Commerce Apparel Market Share By Manufacturers
    2. E-Commerce Apparel Market Ranking By Revenue For Manufacturers
    3. Competitive Dashboard
    4. Product Mapping
  1. MARKET PLAYERS ASSESSMENT
    1. Amazon.Com, Inc.
      1. Overview
      2. Business Information
      3. Revenue
      4. ASP
      5. Gross Margin
      6. Swot Analysis
      7. Recent Developmments
    2. Alibaba Group Holding Limited
    3. EBay.Com
    4. Flipkart
    5. Walmart, Inc.
    6. The Home Depot, Inc.
    7. Shopify, Inc.
    8. JD.Com, Inc.
    9. Rakuten, Inc.
    10. B2W Digital
    11. Groupon, Inc.
    12. Best Buy Co. Inc.
  1. RESEARCH METHODOLOGY
    1. Research Data
      1. Secondary Data
        1. Major Secondary Sources
        2. Key Data From Secondary Sources
      1. Primary Data
        1. Key Data From Primary Sources
        2. Breakdown Of Primaries
      1. Secondary And Primary Research
        1. Key Industry Insights
    1. Market Size Estimation
      1. Bottom-Up Approach
      2. Top-Down Approach
      3. Market Projection
    1. Research Assumptions
      1. Assumptions
    1. Limitations
    2. Risk Assessment
  1. APPENDIX
    1. Discussion Guide
    2. Customization Options
    3. Related Reports
  1. DISCLAIMER

Table of Content and Figure @ https://straitsresearch.com/report/e-commerce-apparel-market/toc

Market News

  1. April 2022 - Walmart is offering Indian manufacturing and trading companies a chance to expand internationally as cross-border vendors on Walmart Marketplace. They may reach over 120 million U.S. customers each month. Walmart, Flipkart, and cross-border ecommerce company Payoneer recently held the Walmart Global Seller Summit at New Delhi. Walmart wants to source $10 billion from India by 2027.
  2. March 2022 - With its share repurchase program increased to $25 billion, Alibaba Group Holding has seen an 11% increase in value, raising optimism that Beijing is lifting restrictions on the internet that have wiped away $470 billion in the e-commerce giant's value.

News Media

Global E-Commerce Fulfillment Services Market Worth USD 207,869.29 Million By 2030 | CAGR of 10.4%

Last Mile Logistics - A Modern E-Commerce and Omni Channel Supply Chain

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Ecommerce Apparel market size apparel fashion apparel fashion business apparel sector online apparel E-Commerce

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