• India
  • Revenue in the Fashion segment is projected to reach US$16,018m in 2021.
  • Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 10.14%, resulting in a projected market volume of US$23,574m by 2025.
  • The market's largest segment is Apparel with a projected market volume of US$10,596m in 2021.
  • In global comparison, most revenue will be generated in China (US$330,633m in 2021).
  • The average revenue per user (ARPU) in the Bags & Accessories segment is projected to amount to US$22.53 in 2021.
  • In the Fashion segment, 8% of total market revenue will be generated through online sales by 2023.
  • In the Apparel segment, the number of users is expected to amount to 709.4m users by 2025.
  • User penetration in the Apparel segment will be at 36.2% in 2021.
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