Revenue in the Apparel segment is projected to reach US$567.40bn in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2025) of 11.74%, resulting in a projected market volume of US$791.60bn by 2025.
With a projected market volume of US$167,900.00m in 2022, most revenue is generated in China.
In the Apparel segment, the number of users is expected to amount to 2,622.0m users by 2025.
User penetration will be 28.1% in 2022 and is expected to hit 33.5% by 2025.
The average revenue per user (ARPU) is expected to amount to US$265.70.
The eCommerce market sub-segment Apparel comprises the digital sale of almost all types of clothing items that are produced for private end customers. It is broken down into the following sub-sub-segments: Women’s Apparel, Men’s Apparel, and Children’s Apparel. Other Apparel includes, among others, skorts, outerwear, and clothing accessories such as bandanas, handkerchiefs, and tie clips. Work clothes, toddler and baby clothes, outdoor clothing, as well as other personal accessories, such as watches and jewelry, handbags, or similar items that do not count as actual articles of clothing, are not included in this sub-segment. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.