DUBLIN, June 10, 2020 /PRNewswire/ — The “Fast Fashion Global Market Report 2020-30: COVID-19 Growth and Change” report has been added to ResearchAndMarkets.com’s providing.
This report offers the strategists, entrepreneurs and senior administration with the crucial info they want to assess the international quick vogue market.
This report focuses on quick vogue market which is experiencing robust development. The report offers a information to the quick vogue market which will likely be shaping and altering our lives over the subsequent ten years and past, together with the market’s response to the problem of the international pandemic.
The international quick vogue market is anticipated to decline from $35.eight billion in 2019 and to $31.four billion in 2020 at a compound annual development fee (CAGR) of -12.32%. The decline is principally due to financial slowdown throughout international locations owing to the COVID-19 outbreak and the measures to include it. The market is then anticipated to get better and attain $38.21 billion in 2023 at CAGR of 6.7%.
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Where is the largest and quickest rising market for the quick vogue? How does the market relate to the general financial system, demography and different related markets? What forces will form the market going ahead? The Fast vogue international market report solutions all these questions and lots of extra.
The report covers market traits, dimension and development, segmentation, regional and nation breakdowns, aggressive panorama, market shares, tendencies and techniques for this market. It traces the market’s historic and forecast market development by geography. It locations the market inside the context of the wider quick vogue market, and compares it with different markets.
The market traits part of the report defines and explains the market.
The market dimension part offers the market dimension ($b) overlaying each the historic development of the market, the affect of the COVID-19 virus and forecasting its development.
Market segmentations break down market into sub markets.
The regional and nation breakdowns part offers an evaluation of the market in every geography and the dimension of the market by geography and compares their historic and forecast development. It covers the development trajectory of COVID-19 for all areas, key developed international locations and main rising markets.
Competitive panorama offers an outline of the aggressive nature of the market, market shares, and an outline of the main corporations. Key monetary offers which have formed the market lately are recognized.
The tendencies and techniques part analyses the form of the market because it emerges from the disaster and suggests how corporations can develop as the market recovers.
The quick vogue market part of the report offers context. It compares the quick vogue market with different segments of the quick vogue market by dimension and development, historic and forecast. It analyses GDP proportion, expenditure per capita, quick vogue indicators comparability.
Major gamers in the quick-vogue market are Zara (Inditex), H&M Group, Fast Retailing (Uniqlo), Gap, Forever 21, Mango, Esprit, Primark, and New Look.
The quick-vogue market consists of gross sales of clothes and attire in development and associated companies. Fast vogue means clothes that transfer rapidly from the catwalk to the shops to meet the new tendencies. Fast vogue clothes collections are supported by the foremost latest vogue tendencies offered at Fashion Week.
North America was the largest area in the quick vogue market in 2019. Asia Pacific is anticipated to be the quickest rising area in the forecast interval.
Virtual and augmented actuality is being utilized by on-line and offline retailers in the quick vogue market. The use of digital or augmented actuality in the quick vogue market is to fill the hole between on-line and offline channels. These applied sciences allow the buyer to strive the product and see the way it appears to be like after they strive the garments or make-up on them by utilizing digital actuality mirrors or cameras of their smartphones. For occasion, purposes equivalent to DressingRoom is utilizing augmented actuality know-how to allow customers to strive outfits on an avatar. Virtual and augmented actuality improve in-retailer expertise and that is driving the market for quick vogue.
The quick-vogue market coated on this report is segmented by gender into girls’s put on; males’s put on and by age into adults put on; teenagers put on; children put on; others.
Worker’s low residing wages and poor working situations hamper the development of quick vogue. In vogue trade, the staff, girls particularly (girls characterize almost 80% of the world’s garment staff), are paid very much less. Women additionally face office abuses. According to the Global Labor Justice report, feminine garment staff in high corporations of quick vogue in Asia face exploitation and mistreatment which incorporates poor situations of labor, low salaries, and additional time which leads to an absence of effectivity. By this, most individuals won’t choose the vogue trade to work. Therefore, low wages and horrible working situations are affecting the development of the quick vogue market.
In October 2018, Walmart acquired Eloquii for an undisclosed quantity, Eloquii is a web-based retailer centered on stylish vogue with the quick-vogue factor. The acquisition is anticipated to strengthen Walmart’s place in the USA clothes market.
Increasing adoption of reasonably priced garments by the rising youth inhabitants drove the quick vogue market. According to the United Nations estimates of the world’s youth inhabitants, in 2019 the youth inhabitants totaled 1.2 Billion in 2019, it is projected to develop by 7.9 p.c to 1.three million by 2030. Youth inhabitants are attracted to distinctive, stylish and reasonably priced garments. The attire manufacturing corporations are due to this fact focusing on bringing vogue garments from the most up-to-date vogue tendencies offered in vogue week. The rising desire for reasonably priced quick vogue garments by growing youth inhabitants boosted the quick vogue market.
Key Topics Covered:
1. Executive Summary
2. Fast Fashion Market Characteristics
three. Fast Fashion Market Size And Growth
three.1. Global Fast Fashion Historic Market, 2015 – 2019, $ Billion
three.1.1. Drivers Of The Market
three.1.2. Restraints On The Market
three.2. Global Fast Fashion Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
three.2.1. Drivers Of The Market
three.2.2. Restraints On the Market
four. Fast Fashion Market Segmentation
four.1. Global Fast Fashion Market, Segmentation By Gender, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
four.2. Global Fast Fashion Market, Segmentation By Age, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Fast Fashion Market Regional And Country Analysis
5.1. Global Fast Fashion Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Fast Fashion Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
6. Asia-Pacific Fast Fashion Market
7. China Fast Fashion Market
eight. India Fast Fashion Market
9. Japan Fast Fashion Market
10. Australia Fast Fashion Market
11. Indonesia Fast Fashion Market
12. South Korea Fast Fashion Market
13. Western Europe Fast Fashion Market
14. UK Fast Fashion Market
15. Germany Fast Fashion Market
16. France Fast Fashion Market
17. Eastern Europe Fast Fashion Market
18. Russia Fast Fashion Market
19. North America Fast Fashion Market
20. USA Fast Fashion Market
21. South America Fast Fashion Market
22. Brazil Fast Fashion Market
23. Middle East Fast Fashion Market
24. Africa Fast Fashion Market
25. Fast Fashion Market Competitive Landscape And Company Profiles
25.1. Fast Fashion Market Competitive Landscape
25.2. Fast Fashion Market Company Profiles
25.2.1. Zara (Inditex)
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.three. Strategy
25.2.1.four. Financial Performance
25.2.2. H&M Group
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.three. Strategy
25.2.2.four. Financial Performance
25.2.three. Fast Retailing (Uniqlo)
25.2.three.1. Overview
25.2.three.2. Products and Services
25.2.three.three. Strategy
25.2.three.four. Financial Performance
25.2.four. Gap
25.2.four.1. Overview
25.2.four.2. Products and Services
25.2.four.three. Strategy
25.2.four.four. Financial Performance
25.2.5. Forever 21
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.three. Strategy
25.2.5.four. Financial Performance
26. Key Mergers And Acquisitions In The Fast Fashion Market
27. Fast Fashion Market Trends And Strategies
28. Fast Fashion Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.three. Research Inquiries
29.four. About the Publisher
29.5. Copyright And Disclaimer
Companies Mentioned
Zara (Inditex)
H&M Group
Fast Retailing (Uniqlo)
Gap
Forever 21
Mango
Esprit
Primark
New Look
River Island
C&A
Cotton On
Topshop
Pull & Bear
Bershka
rue21
Miss Selfridge
Charlotte Russe
Bestseller
NewYorker
L Brands
Arcadia
Future Lifestyle Fashions Ltd
For extra details about this report go to https://www.researchandmarkets.com/r/9lx7a5
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