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Global E-commerce Apparel Market to reach USD 941.79 Billion by 2028

Global E-commerce Apparel Market Size study, By Type (Women's Apparel, Men's Apparel, Children's Apparel), and Regional Forecasts 2022-2028

Product Code: ICTE-99040646
Publish Date: 27-09-2022
Page: 200

Global E-commerce Apparel Market is valued approximately USD 553.1 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.9% over the forecast period 2022-2028.

The growth is accredited to evolving fashion trends, the growing number of working women, the rising female population, and the surplus spending power of shoppers. Additionally, the rising influence of celebrities and social media are driving the manufacturers to constantly introduce new styles and designs. Along with this, rising e-commerce sales globally is driving the growth for the Global E-commerce Apparel Market over the forecasted period. For instance, according to Statista, in 2020, the sales of e-commerce were USD 4,938 billion which is predicted to increase up to USD 6,767 billion in 2023. Thus, the market is rising significantly. Along with this shift of business to e-commerce platform, according to United Nations UNCTAD, cashless payment options have been adopted more quickly as consumption patterns have changed. Mobile money payments, which are followed by transactions using e-banking and credit cards, are experiencing substantially greater growth rates than nearly 60% of e-commerce businesses and 70% of online third-party marketplaces. In addition, over the anticipated period, social media is expected to have a significant impact on market growth. As content creators and brand influencers that promote fashion products such as jewelry, cloths, footwear and accessories.. Growing penetration of such platforms provide opportunities for the market to flourish. Accordingly, companies are increasingly advertising fashion products on social media platforms such as YouTube, Facebook, Twitter, and Instagram through affiliate marketing. However, the brand loyalty is declining which is restraining the market growth over the forecasted period.

The key regions considered for the global E-commerce Apparel Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the growing demand for the women’s apparel in the countries such as France, United Kingdom and Germany, rising trend for fashionable cloths. Along with this, major driving factors for the market are growing internet penetration, rising sales of e-commerce industry and growing production of cotton in the region. Along with this, European Commission claims that the EU’s textile and apparel sector dominates international markets. In addition to being one of the largest in terms of size, quality, and design, the EU Single Market also accounts for more than 30% of global exports. The Commission strives to maintain parity in international trade. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing application of E-commerce Apparel, as well as the rising presence of the leading market players, would create lucrative growth prospects for the E-commerce Apparel Market across the Asia-Pacific region.

Major market players included in this report are:
Walmart, Inc.
Amazon, Inc.
JD.com
Alibaba
eBay.com
Flipkart
Shopify
Myntra
OpenCart
Jabong

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed infromation about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Women’s Apparel
Men’s Apparel
Children’s Apparel
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global E-commerce Apparel Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global E-commerce Apparel Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global E-commerce Apparel Market, by Type, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global E-commerce Apparel Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global E-commerce Apparel Market Dynamics
3.1. E-commerce Apparel Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising E-commerce Sales
3.1.1.2. Shift of companies towards e-commerce platform
3.1.2. Market Challenges
3.1.2.1. Brand loyalty declining as a result of market dominance
3.1.3. Market Opportunities
3.1.3.1. Growing influence of social media
3.1.3.2. Introduction of smart clothing
Chapter 4. Global E-commerce Apparel Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global E-commerce Apparel Market, by Type
6.1. Market Snapshot
6.2. Global E-commerce Apparel Market by Type, Performance – Potential Analysis
6.3. Global E-commerce Apparel Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
6.4. E-commerce Apparel Market, Sub Segment Analysis
6.4.1. Women’s Apparel
6.4.2. Men’s Apparel
6.4.3. Children’s Apparel
Chapter 7. Global E-commerce Apparel Market, Regional Analysis
7.1. E-commerce Apparel Market, Regional Market Snapshot
7.2. North America E-commerce Apparel Market
7.2.1. U.S. E-commerce Apparel Market
7.2.1.1. Type estimates & forecasts, 2018-2028
7.2.2. Canada E-commerce Apparel Market
7.3. Europe E-commerce Apparel Market Snapshot
7.3.1. U.K. E-commerce Apparel Market
7.3.2. Germany E-commerce Apparel Market
7.3.3. France E-commerce Apparel Market
7.3.4. Spain E-commerce Apparel Market
7.3.5. Italy E-commerce Apparel Market
7.3.6. Rest of Europe E-commerce Apparel Market
7.4. Asia-Pacific E-commerce Apparel Market Snapshot
7.4.1. China E-commerce Apparel Market
7.4.2. India E-commerce Apparel Market
7.4.3. Japan E-commerce Apparel Market
7.4.4. Australia E-commerce Apparel Market
7.4.5. South Korea E-commerce Apparel Market
7.4.6. Rest of Asia Pacific E-commerce Apparel Market
7.5. Latin America E-commerce Apparel Market Snapshot
7.5.1. Brazil E-commerce Apparel Market
7.5.2. Mexico E-commerce Apparel Market
7.6. Rest of The World E-commerce Apparel Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Walmart, Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Amazon, Inc.
8.2.3. JD.com
8.2.4. Alibaba
8.2.5. eBay.com
8.2.6. Flipkart
8.2.7. Shopify
8.2.8. Myntra
8.2.9. OpenCart
8.2.10. Jabong
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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