Overview
The excessive penetration of smartphones coupled with emergence of a large number of online apparel retailers that offer a wide selection of clothing are some key factors fueling the online apparel retailing market. The convenience of shopping from the comfort of homes or any other location of choice is an attraction for consumers that is favorable for online apparel retail sales.
The report studies the online apparel retailing market on the basis of product type, end user, company, and region. Key segments into which the online apparel retailing market is divided based on product type are upper wear, bottom wear, and others. The upper wear segment displays leading demand among other product types in the online apparel retailing market. Upper wear segment includes shirts, t-shirts, jackets, and coats that have short replacement cycle and are needed in more numbers.
Key end users into which the online apparel retailing market is divided are men, women, and children.
The report provides an in-depth analysis of the online apparel retailing market including demand dynamics, key segments, and competitive scenario of the said market for the forecast period from 2021 to 2031. The report delves into key regions of the online apparel retailing market and projections of growth rate for the forecast period from 2021 to 2031. Insights into growth strategies of key players in the online retailing market and their market share is a highlight of this report.
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Regional Dynamics
Asia Pacific is emerging as a key region in the online apparel retailing market. The expanding middle-class population in India that are increasingly having access to digital technologies for everyday functioning is favorable to the online apparel retailing market in the region. The wide selection of clothing to suit different budgets, convenient shopping, and doorstep delivery is attractive to opt for online mode for purchase of apparel.
North America is an established market for online apparel retailing. The vast penetration of smart electronics and excessive spending on consumer goods are some key factors fueling the online apparel retailing market in the region.
This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.
The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.
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Competitive Landscape
The online apparel retailing market is competitive with the presence of a very large of vendors for online apparel sales. Large apparel brands, designer brands, as well as small and mid-sized stores now have online presence either via their own website or via aggregated sites that is favorable to the online apparel retailing market.
Some key players operating in the online apparel retailing market are Alibaba Group, JD.com, Walmart, Benetton, Diesel, DKNY, Levi Strauss, Wovenplay, Amazon.com, Rakuten, American Apparel, a Cotton On, Dolce & Gabbana, Giodano International, and Ralph Lauren.
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