Global Online Apparel Retailing Market Projected to be Worth USD 167.25 Billion by 2021: Technavio

LONDON–()–Technavio
analysts forecast the global
online apparel retailing market
to grow to USD 167.25
billion by 2021, at a CAGR of close to 14% over the forecast period,
according to their latest report.

The research study by Technavio on the global
online apparel retailing market
for 2017-2021 provides a
detailed industry analysis based on the product (upper wear and bottom
wear), end-users (women, men, and children), and geography (Europe,
North America, APAC, and ROW).

 

Online women’s apparel is the largest segment of the global
online apparel retailing, contributing more than three-fourths of
the global online apparel market’s revenue. Tops and bottom wear
are the two biggest segments and are expected to have continual
growth over the forecast period, thereby retaining their leading
positions in the market.

 

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

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Technavio reports and get the third for free.

Technavio analysts highlight the following three factors that are
contributing to the growth of the global online apparel retailing market:

  • Growing online seasonal sales
  • Demand for trendy apparel
  • Rising popularity of digital payment system

Growing online seasonal sales

Heavy discounts and end of season sales contribute a large part of the
revenue generated by the online retail market. The Black Friday sale,
promotional sales, stock clearance sales and end of season sales lure in

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