Online Apparel Retailing Market size is set to grow by USD 278.8 billion from 2024-2028

The global online apparel retailing market size is estimated to grow by USD 278.8 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 15.2% during the forecast period. Sustainability is increasingly pivotal in the global online apparel retail market, as consumers prioritize eco-friendly and ethically sourced products. Major players like Adidas AG and ASOS Plc are integrating sustainable practices into their supply chains, aiming to reduce carbon footprints and promote fair labor practices. Despite challenges such as counterfeit products, the market’s robust growth, driven by digital payment systems and mobile commerce trends, underscores the industry’s shift towards more environmentally conscious consumer choices. Alibaba Group Holding Ltd., Amazon.com Inc., and JD.com Inc. are also leveraging network marketing to expand their sustainable product offerings. Read more at Yahoo

Leave a Reply

Your email address will not be published. Required fields are marked *