Fast Fashion Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global fast fashion market.
This report focuses on fast fashion market which is experiencing strong growth. The report gives a guide to the fast fashion market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider fast fashion market, and compares it with other markets.
2) By Age: Adults wear; Teens wear; Kids wear; Other Ages
3) By Type: Pants; Coat; Skirt; Other Types
Companies Mentioned: Zara (Inditex); H&M Group; Fast Retailing (Uniqlo); Gap; Forever 21
Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
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This report focuses on fast fashion market which is experiencing strong growth. The report gives a guide to the fast fashion market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.
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Description:
Where is the largest and fastest growing market for the fast fashion? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Fast fashion market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider fast fashion market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth
- Market segmentations break down market into sub markets
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
- The fast fashion market section of the report gives context. It compares the fast fashion market with other segments of the fast fashion market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, fast fashion indicators comparison
Scope
Markets Covered:
1) By Gender: Women's wear; Men's wear2) By Age: Adults wear; Teens wear; Kids wear; Other Ages
3) By Type: Pants; Coat; Skirt; Other Types
Companies Mentioned: Zara (Inditex); H&M Group; Fast Retailing (Uniqlo); Gap; Forever 21
Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
This product will be delivered within 1-3 business days.
1. Executive Summary2. Fast Fashion Market Characteristics3. Fast Fashion Market Trends And Strategies4. Impact Of COVID-19 On Fast Fashion28. Key Mergers And Acquisitions In The Fast Fashion Market29. Fast Fashion Market Future Outlook and Potential Analysis
5. Fast Fashion Market Size And Growth
6. Fast Fashion Market Segmentation
7. Fast Fashion Market Regional And Country Analysis
8. Asia-Pacific Fast Fashion Market
9. China Fast Fashion Market
10. India Fast Fashion Market
11. Japan Fast Fashion Market
12. Australia Fast Fashion Market
13. Indonesia Fast Fashion Market
14. South Korea Fast Fashion Market
15. Western Europe Fast Fashion Market
16. UK Fast Fashion Market
17. Germany Fast Fashion Market
18. France Fast Fashion Market
19. Eastern Europe Fast Fashion Market
20. Russia Fast Fashion Market
21. North America Fast Fashion Market
22. USA Fast Fashion Market
23. South America Fast Fashion Market
24. Brazil Fast Fashion Market
25. Middle East Fast Fashion Market
26. Africa Fast Fashion Market
27. Fast Fashion Market Competitive Landscape And Company Profiles
30. Appendix
Major players in the fast fashion market are Zara (Inditex), H&M Group, Fast Retailing (Uniqlo), Gap, Forever 21, Mango, Esprit, Primark, New Look, and River Island.
The global fast fashion market is expected to grow from $91.23 billion in 2021 to $99.23 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The market is expected to grow to $133.43 billion in 2026 at a compound annual growth rate (CAGR) of 7.7%.
The fast-fashion market consists of sales of clothing and apparel in trend and related services. Fast fashion means garments that move quickly from the catwalk to the stores to meet the new trends. Fast fashion clothing collections are supported by the foremost recent fashion trends presented at Fashion Week.
The main types of fast-fashion are pants, coat, skirt and others. Skirt is defined as the garment worn by women and girls that are secured around the waist and hang down around the legs. It is available in different gender such as women's wear, men's wear and various age including adult’s wear, teens wear, kids wear and others.
Western Europe was the largest region in the fast fashion market in 2021. Asia Pacific was the second largest region in the fast fashion market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Increasing adoption of affordable clothes by the rising youth population drove the fast fashion market. According to the United Nations estimates of the world’s youth population, in 2019 the youth population totaled 1.2 billion and it's projected to grow by 7.9 percent to 1.3 million by 2030. Youth population is attracted to unique, trendy and affordable clothes. The apparel manufacturing companies are therefore focusing on bringing fashion clothes from the most recent fashion trends presented in fashion week. The growing preference for affordable fast fashion clothes by increasing youth population boosted the fast fashion market.
Worker's low living wages and poor working conditions hamper the growth of fast fashion. In fashion industry, the workers, women especially (women represent nearly 80% of the world’s garment workers), are paid very less. Women also face workplace abuses. According to the Global Labor Justice report, female garment workers in top companies of fast fashion in Asia face exploitation and mistreatment which includes poor conditions of work, low salaries, and overtime which leads to a lack of efficiency. By this, most people will not prefer the fashion industry to work. Therefore, low wages and terrible working conditions are affecting the growth of the fast fashion market.
Virtual and augmented reality is being used by online and offline retailers in the fast fashion market. The use of virtual or augmented reality in the fast fashion market is to fill the gap between online and offline channels. These technologies enable the customer to try the product and see how it looks when they try the clothes or make-up on them by using virtual reality mirrors or cameras in their smartphones. For instance, applications such as DressingRoom are using augmented reality technology to enable shoppers to try outfits on an avatar. Virtual and augmented reality enhances in-store experience and this is driving the market for fast fashion.
The countries covered in the fast fashion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The global fast fashion market is expected to grow from $91.23 billion in 2021 to $99.23 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The market is expected to grow to $133.43 billion in 2026 at a compound annual growth rate (CAGR) of 7.7%.
The fast-fashion market consists of sales of clothing and apparel in trend and related services. Fast fashion means garments that move quickly from the catwalk to the stores to meet the new trends. Fast fashion clothing collections are supported by the foremost recent fashion trends presented at Fashion Week.
The main types of fast-fashion are pants, coat, skirt and others. Skirt is defined as the garment worn by women and girls that are secured around the waist and hang down around the legs. It is available in different gender such as women's wear, men's wear and various age including adult’s wear, teens wear, kids wear and others.
Western Europe was the largest region in the fast fashion market in 2021. Asia Pacific was the second largest region in the fast fashion market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Increasing adoption of affordable clothes by the rising youth population drove the fast fashion market. According to the United Nations estimates of the world’s youth population, in 2019 the youth population totaled 1.2 billion and it's projected to grow by 7.9 percent to 1.3 million by 2030. Youth population is attracted to unique, trendy and affordable clothes. The apparel manufacturing companies are therefore focusing on bringing fashion clothes from the most recent fashion trends presented in fashion week. The growing preference for affordable fast fashion clothes by increasing youth population boosted the fast fashion market.
Worker's low living wages and poor working conditions hamper the growth of fast fashion. In fashion industry, the workers, women especially (women represent nearly 80% of the world’s garment workers), are paid very less. Women also face workplace abuses. According to the Global Labor Justice report, female garment workers in top companies of fast fashion in Asia face exploitation and mistreatment which includes poor conditions of work, low salaries, and overtime which leads to a lack of efficiency. By this, most people will not prefer the fashion industry to work. Therefore, low wages and terrible working conditions are affecting the growth of the fast fashion market.
Virtual and augmented reality is being used by online and offline retailers in the fast fashion market. The use of virtual or augmented reality in the fast fashion market is to fill the gap between online and offline channels. These technologies enable the customer to try the product and see how it looks when they try the clothes or make-up on them by using virtual reality mirrors or cameras in their smartphones. For instance, applications such as DressingRoom are using augmented reality technology to enable shoppers to try outfits on an avatar. Virtual and augmented reality enhances in-store experience and this is driving the market for fast fashion.
The countries covered in the fast fashion market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
A selection of companies mentioned in this report includes:
- 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.
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