Online Fashion Retail Market is expected to reach $ 533.0 billion by 2027 with CAGR of 63%.

According to the report by Business Market Insights, Online Fashion Retail Market is expected to reach $ 533.0 billion by 2027 with CAGR of 63%.

The Online Fashion Retail Market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

Fashion retail is a section of business that acts as an intermediary between manufacturers and customers. It can be defined as the process of "buying clothes from a manufacturer and selling to the customer".

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India's online retail industry has made leaps and bounds in recent years, primarily due to the increasing popularity of smartphones and faster internet infrastructures. The country's influential demographics will help tear most of the world's fashion retail markets over the next few years. Retail has been identified as one of the major sectors in the country, and large companies such as Aditya Birla Group, TATA Group, and Reliance industry are benefiting from their presence in online retail. Domestically growing e-commerce is controlling India's retail business, which could impact the physical store business in the coming years.

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Online Fashion Retail – MARKET SEGMENTATION

By Product Types

  • Bottom
  • Top
  • Coat
  • Bags & Accessoies

By Application

  • Man
  • Woman

By Geography

  • Europe
  • North America
  • Asia-Pacific
  • The Middle East and Africa
  • South America

 

Company Profiles

  • Amazon India
  • Flipkart
  • Snapdeal
  • Yepme
  • Paytm
  • in
  • Shopclues
  • Homeshop18
  • Limeroad
  • FashionAndYou

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Posted by on Monday July 13 2020, 7:59 AM EDT. All trademarks acknowledged. Filed under Consumer & Retail, Luxury Goods, Manufacturing, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications, Telecommunication. Comments and Trackbacks closed. Follow responses: RSS 2.0

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