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Global Fashion Retailing Market: Industry Analysis & Outlook ----------------------------------------(2016-2020)
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Fashion can be described as any style (or styles) of apparel, footwear, bags and accessories preferred to be worn at any given time by groups of people. The styles and trends may vary depending upon whether it is designed for a high-street users or mass-market users/street-style fashion users. The fashion industry involves the design, manufacturing, distribution, marketing and retailing of all types of apparel (men’s, women’s, and children’s) from the most exclusive and luxurious couture and designer fashions to ordinary everyday clothing.
Fashion retailing involves the sale of fashion products or merchandise for individual consumption, either from a fixed location such as a specialty store, department store or stall, or through a wide-ranging online network, also known as e-commerce portals. Fashion retailing in the present world scenario operates in two types of retailing namely On-site retailing and Off-site retailing. On the basis of fashion line, fashion retailing can be segmented into Haute-couture, RTW designer, Fast fashion and Mass-market fashion.
The key factors which are anticipated to drive this market include growing global retail Ecommerce sector, rising online fashion penetration rate, increasing middle-class consumption expenditure and rising young population. Some of the noteworthy trends of this industry include upswing in fast-fashion retail, rising online spending in emerging markets and globally converging fashion due to increasing travel. However, the growth of respective industry is challenged by high cost of labor, exchange rate volatility and swiftly changing fashion styles.
The report provides an extensive study of global fashion retail market and also some of its major regional markets. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth. The global fashion retail market is highly competitive consisting of several large enterprises including the Inditex, H&M, Gap Inc, and Fast Retailing. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.
A major characteristic of global fashion market is that it has a ‘buyer-driven chain.’ Global Fashion Market Revenue – Actuals (2011-2015)
Global Fashion Market by Product Type (2015)
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In 2015, the global fashion market revenue has notably risen to US$... trillion, from US$... trillion in 2014, marking a YoY growth of xx%. The global fashion market revenue has witnessed a steady growth over the past few years, increasing at a CAGR of xx% over the five year period spanning 2011-2015.
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In 2015, the share of clothing segment in the fashion market was recorded to be nearly xx% while that of nonclothing was recorded to be xx%
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The global online fashion market revenue for the year 2015 is noted to be US$.... billion. . It is forecasted that the online fashion market revenue will grow at a CAGR of xx % over the period 2015-2020, reaching a total value of US$.... billion by the end of the year 2020
Global Online Fashion Market Revenue – Forecast (2015-2020)
The stable growth of this industry is primarily due to rising urbanization worldwide along with increasing convergence towards online shopping. Global Fashion Retail Market Revenue – Actuals (2012-2015)
Global Fashion Retail Market by Region (2015)
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The global fashion retail market revenue has been growing gradually at a CAGR of xx% over the period 2012-2015. In the year 2015, the market revenue has increased to US$....trillion, as against US$... trillion in the year 2014.
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Europe is the largest market for fashion retail in the world, with a market share of xx% in the year 2015, followed by Asia-Pacific and the US with market shares of xx% and 2xx% respectively during the same period.
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The global fashion retail industry is forecasted to grow at a CAGR of xx % over the five year period spanning 2016-2020, thereby attaining total market revenue of US$.... trillion by the end of the year 2020.
Global Fashion Retail Market Revenue – Forecast (2016-2020)
The increasing income of the middle-class population worldwide and the rising number of youth contribute majorly to rising demand for fashion products. Europe Fashion Retail Market Revenue- Forecast (2015-2020) • Europe fashion retail revenue for the year 2015 was noted to be EUR… billion. The market revenue is forecasted to grow rather gradually at a CAGR of xx% over the period 2015-2020. • Asia-pacific constitutes one of the largest regional markets for the fashion retail industry, with market revenue of US$.... billion in the year 2015. The market revenue is forecasted to grow at a CAGR of xx% over the period 2015-2020, thereby attaining a total value of US$.... billion by the end of the year 2020. • For the year 2015, the US fashion retail revenue is noted to be US$... billion, rising from US$... billion in the year 2014, marking a YoY growth of xx%.
Asia-Pacific Fashion Retail Market Revenue – Forecast (2015-2020)
The US Fashion Retail Market Revenue – Actuals (2011-2015)
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