Online Apparel Retailing Market: 10.01% Y-O-Y Growth Rate in 2021: By Product, End-user, Geography, and Forecast- 2021-2025 | Vendor Analysis, Offerings & News

NEW YORK, Feb. 17, 2022 /PRNewswire/ -- The Online Apparel Retailing Market value is set to grow by USD 87.45 billion, progressing at a CAGR of 10.61% from 2020 to 2025, as per the latest report by Technavio

Resulting in Y-O-Y Growth Rate of 10.01%, read additional information about the market, Get FREE sample report

Key Market Segmentation

• Segmentation by Product:
• Upper wear apparel:

The online apparel retailing market share growth by the upper wear apparel segment will be significant during the forecast period. The upper wear segment accounts for considerable market share in the global online apparel retailing market, as it enjoys a relatively small replacement cycle. This segment includes shirts, t-shirts, coats, jackets, etc. The improving economy and the increasing population are key factors expected to drive the growth of the upper wear segment.

• Bottom wear apparel
• Others

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Vendor Landscape

The online apparel retailing market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

• Alibaba Group Holding Ltd.- The company offers online apparel retailing services that includes t shirts for men and women, shirts, hoodies, sweatshirts, fitness and yoga wear, ladies blouses and tops with facility of ready to ship and paid samples, under the brand name of Alibaba Group.
• Cotton On Group- The company offers online apparel retailing services that includes jeans, chinos, tees, tops, activewear, socks, hats, beanies, sunglasses, sleepwear and more for men and women, under the brand name of Cotton On.
• Dolce & Gabbana Srl- The company offers online apparel retailing services that includes suits, shirts, tank tops, sweatshirts, pants, denim jeans, coats, jackets, blazers and many more products for men and women, under the brand name of Dolce and Gabbana.

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Regional Market Outlook

39% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for online apparel retailing in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

A high population, online retail growth, increased disposable income, a wide array of product offerings, and growth in online retail will facilitate the online apparel retailing market growth in APAC over the forecast period. 

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Online Apparel Retailing Market Product Outlook (Revenue, USD Bn, 2020-2025)

• Upper wear apparel - size and forecast 2020-2025
• Bottom wear apparel - size and forecast 2020-2025
• Others - size and forecast 2020-2025

Online Apparel Retailing Market End-user Outlook (Revenue, USD Bn, 2020-2025)

• Men apparel - size and forecast 2020-2025
• Women apparel - size and forecast 2020-2025
• Children apparel - size and forecast 2020-2025

Online Apparel Retailing Market Geography Outlook (Revenue, USD Bn, 2020-2025)

• Europe - size and forecast 2020-2025
• North America - size and forecast 2020-2025
• APAC - size and forecast 2020-2025
• South America - size and forecast 2020-2025
• MEA - size and forecast 2020-2025

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Latest Drivers & Trends of the Global Online Apparel Retailing Market

• Online Apparel Retailing Market Driver:
• Rising popularity of digital payment systems:

Digital payment services allow consumers to make payments at the point of sale through a mobile device. The transactions can be completed in a few steps on the phone. Digital payment applications are being used innovatively to improve the consumer experience. Mobile wallets such as Apple Pay, Android Pay, and Samsung Pay will become a standard feature on new smartphones.

• Online Apparel Retailing Market Trends:
• Growth in the E-commerce industry:

The rising penetration of the Internet and smartphones is making online shopping convenient, which is increasing its adoption among people. The growth in the penetration of the Internet, the increase in customers' trust in online retailing, the availability of quick shipping, and the fragmentation of consumer choices play a significant role in driving the global e-commerce market. Secured transactions and cash on delivery (COD) options increase the demand for online apparel retailing by online distribution channels.

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Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Upper wear apparel - Market size and forecast 2020-2025
• Bottom wear apparel - Market size and forecast 2020-2025
• Others - Market size and forecast 2020-2025
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• Men apparel - Market size and forecast 2020-2025
• Women apparel - Market size and forecast 2020-2025
• Children apparel - Market size and forecast 2020-2025
• Market opportunity by End-user

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• APAC - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alibaba Group Holding Ltd.
• Amazon.com Inc.
• ASOS Plc
• Cotton On Group
• Dolce & Gabbana Srl
• Gildan Activewear Inc.
• JD.com Inc.
• Kering SA
• Levi Strauss and Co.
• The Gap Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio