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Wednesday, July 31, 2024

Lucintel Forecasts the Global Online Apparel Retailing Market to Reach $1,754 Billion by 2030

According to a market report by Lucintel, the future of the global online apparel retailing market looks promising with opportunities in the men apparel, women apparel, and children apparel markets. The global online apparel retailing market is expected to reach an estimated $1,754 billion by 2030 with a CAGR of 17.9% from 2024 to 2030. The major drivers for this market are growing acceptance of digital payment methods, rising penetration of smartphones, and increasing demand for online shopping.

A more than 150–page report is developed to understand Trends, opportunity and forecast in online apparel retailing market to 2030 by product (upper wear apparel, bottom wear apparel, and others), end use (men apparel, women apparel, and children apparel), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, upper wear apparel and bottom wear apparel are the major segments of online apparel retailing market by product. Lucintel forecasts that upper wear apparel is expected to witness the higher growth over the forecast period.

Within this market, men apparel will remain the largest segment due to the increasing use of clothing in the corporate sphere as business casual.

Download sample by clicking on online apparel retailing market

North America will remain the largest region over the forecast period due to the rising standard of living and easy accessibility of a large selection of both domestic as well as foreign goods.

Adidas, Alibaba Group, Amazon.com, ASOS, BANGGOOD TECHNOLOGY, Cotton On Group, Gap, Gildan Activewear, Giordano International, and JD.com are the major suppliers in the online apparel retailing market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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