Global Online Apparel and Footwear Market: Impact Analysis of COVID-19 (2020-2024)
The key players of the online apparel and footwear market are Amazon.com, Inc., Zalando SE, ASOS plc, and Boohoo Group plc are also profiled with their financial information and respective business strategies.
By: Daedal Research
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global online apparel and footwear market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global online apparel and footwear market is fragmented with a large number of small players operating worldwide. The key players of the online apparel and footwear market are Amazon.com, Inc., Zalando SE, ASOS plc, and Boohoo Group plc are also profiled with their financial information and respective business strategies.
Boohoo Group plc
The online apparel and footwear market can be segmented on the basis of type (Apparel and Footwear); user (Men, Women and Children); and mode (Mobile Platform and PC Platform).
The global online apparel and footwear market has increased significantly during the years 2018-2019 and projections are made that the market would rise in the next four years i.e. 2020-2024 tremendously. The online apparel and footwear market is expected to increase due to escalating penetration of smartphones, rising number of internet users, growing influence of social media, rapid urbanization, increasing spending of middle class population, surging millennial population, etc. Yet the market faces some challenges such as fit issues, tough competition from unorganized players, etc.
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