Insights on the Global Clothing B2C E-Commerce Market 2021-2023: Market Continued Accelerating During the COVID-19 Pandemic in 2020
Dublin, Dec. 30, 2021 (GLOBE NEWSWIRE) -- The "Global Clothing B2C E-Commerce Market 2021" report has been added to ResearchAndMarkets.com's offering.
"Clothing" was the top segment to shop for online both locally and cross-border among consumers globally, as of 2021
Global fashion market shifts towards digital sales amid COVID-19 in 2020. The global fashion industry experienced a drastic decline the sales volume after the outbreak of the COVID-19 pandemic in 2020. In the meantime, the digital clothing market accelerated over the year with the consumers' adoption of online shopping. More than half of the global retail growth is projected to come from online sales between 2020 and 2025, and around 10% of digital sales are expected to be in the hands of the fashion industry during that period. Dominant market players such as Global Fashion Group and ASOS saw sales growth of 10-20% from 2019 to 2020.
Online apparel market grew faster year-on-year in 2020 amid COVID-19 than the years before
A significant proportion of countries around the world saw an increase in apparel industry E-Commerce sales, especially after the COVID19 health crisis in 2020. For example, in Japan, the B2C apparel E-Commerce market grew faster in 2020 than between 2018 and 2019. South Korea also saw an increase in the value of its sales during the same period, with the apparel sector making the largest contribution to the country's B2C E-Commerce market in 2020. Online retail sales of apparel and accessories in the US increased year-over-year from 2019 to 2020 by nearly 19% which was the fastest-growing product category.
The top visited websites for purchasing apparel online are Amazon and Shein, as of 2021
Shein was the most visited as of August 2021, according to the world ranking of the most popular clothing E-Commerce sites, with the US visitors prevailing. Moreover, in 2020, online apparel sales in the US were dominated by Amazon, followed by Target. In the UK, as of February 2021, the most popular industry players were Amazon and ASOS, followed by eBay. In Germany, online-only retailers, such as Zalando and Zooplus, were the most preferred ones when shopping for clothes, and following them was Amazon, as of 2021.
Companies Mentioned
Adidas
Amazon
American Eagle,Apple
Asos
BoohooMan
Burberry
eBay
Elle
Farfetch
FashionValet
Fnac Darty
Gap
Global Fashion Group
H&M
Inditex
JCpenney
Liverpool
Macys
Marks and Spencer
Motherhood
Myntra
Namshi
Next
Nike
Noon Shopping
Nordstrom
Otto.de
PayPal
Pik
SHAFA
Shein
Statistica
Stockx
Uniqlo
Vinted
Zalando
Zalora
Zara
Zozo
Zooplus
Key Topics Covered:
1. Management Summary
2. Global Developments
Overview of Clothing B2C E-Commerce Market During & Post-COVID-19, October 2021
COVID-19's Impact on Market Players and News, October 2021
Top 20 Clothing E-Comm. Websites, by Website Rank*, incl. Website Visits, in millions, Average Visit Duration, in minutes, Bounce Rate, in %, and Top 5 Countries by Website Traffic, in %, August 2021
Top Product Categories That Are Preferred to Be Purchased Online More, in % of Consumers, March 2021
Top 3 Product Categories Purchased Online Cross-Border by Shoppers Aged 25 - 34, in % of Consumers, December 2020
Top Product Categories That Will Be Purchased Online in the Future, incl. "Apparel", in % of Consumers, October 2020
Top 10 Product Categories Sold by Online Marketplaces, Number of Marketplaces, and Visits Per Month, in millions, April 2021
Global Fashion Group Net Merchandise Value, in EUR million, and Year-on-Year Change, in %, 2019 & 2020
ASOS Total Retail Sales, in GBP million, and Year-on-Year Change, in %, 2019 & 2020
3. Asia-Pacific
3.1. Advanced Markets
3.1.1. Japan
3.1.2. South Korea
3.1.3. Australia
3.2. Emerging Markets
3.2.1. China
Product Categories Imported Via Chinese E-Commerce Platforms, in % of Cross-Border Online Purchases, 2020
Top 3 Product Categories Purchased Cross-Border, incl. “Clothing/Apparel, Footwear & Accessories”, in % of Adult Online Shoppers, February 2021
Top Product Categories That Will Be Purchased Online in the Future, incl. “Apparel”, in % of Consumers, October 2020
3.2.2. India
3.2.3. Indonesia
3.2.4. Thailand
3.2.5. Vietnam
3.2.6. Malaysia
4. North America
4.1. USA
Apparel & Accessories Retail Sales Value, in USD billion, and Y-o-Y Change, in %, 2019 - 2023f
B2C E-Commerce Sales Value, in USD billion, by Product Category, Y-o-Y Change, in %, Share, in % of Total B2C E-Commerce Sales, and in % of Total Retail Sales, 2021e
Share of Apparel Sales, by Online and Offline, in % of Total Retail Apparel Sales, 2018 - 2020
Breakdown of Top Online Apparel Merchants, in % of Online Apparel Sales, 2020
Top Product Categories That Will Be Purchased Online in the Future, incl. "Apparel", in % of Consumers, October 2020
Top 3 Product Categories Purchased Cross-Border, incl. "Clothing/Apparel", in % of Adult Online Shoppers, February 2021
Amazon B2C E-Commerce Sales Value, in USD billion, by Product Category, Y-o-Y Change, in %, Share, in % of Total B2C E-Commerce Sales, and in % of Total Retail Sales, 2021e
4.2. Canada
5. Europe
5.1. Regional
5.2. Advanced Markets
5.2.1. UK
Textile, Clothing & Footwear B2C E-Commerce Sales Value, in GBP million, Year-On-Year Change, in %, 2019 - 2025f
Top Fashion Shopping Sites, in % of Consumers, February 2021
Top Product Categories That Will Be Purchased Online in the Future, incl. "Apparel", in % of Consumers, October 2020
Top 3 Product Categories Purchased Cross-Border, incl. "Clothing/Apparel, Footwear & Accessories", in % of Online Shoppers, February 2021
Top 10 Most Visited Fashion Websites, in % of Consumers, February 2021
Top Popular Online Brands Purchased From In the Past Three Months, in % of Consumers, December 2020
5.2.2. Germany
5.2.3. France
5.2.4. Spain
5.2.5. Italy
5.2.6. Netherlands
5.2.7. Belgium
5.2.8. Sweden
5.2.9. Switzerland
5.2.10. Denmark
5.2.11. Austria
5.3. Emerging Markets
5.3.1. Russia
5.3.2. Poland
5.3.3. Turkey
5.3.4. Ukraine
6. Latin America
6.1. Brazil
6.2. Argentina
6.3. Mexico
7. Middle East
7.1. Regional
7.2. UAE
7.3. Saudi Arabia
For more information about this report visit https://www.researchandmarkets.com/r/3tno1
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900