The fashion ecommerce market offers retailers an online platform to sell clothing, accessories, footwear and other fashion items directly to consumers. These fashion products cater to different consumer segments and can be easily accessed from any location through internet connectivity.
Market key trends:
The growing popularity of online shopping has hugely boosted the UK fashion ecommerce market over the past few years. Consumers find online shopping more convenient as compared to visiting retail stores as they can browse through various fashion products offered by different brands from the comfort of their homes at any time. Online retailers also provide features like detailed product descriptions, multiple payment options and easy return policies which have further increased customer confidence in online shopping. Increased smartphone and internet penetration in UK has also created more opportunities for fashion ecommerce businesses to target mobile users. This rising trend of online shopping is expected to drive continued growth in the UK fashion ecommerce market during the forecast period.
Segment Analysis
The UK fashion ecommerce market is dominated by the apparel segment. Apparel accounted for over 60% of the total market share in 2024 owing to the wide variety of clothing items available online. The footwear segment is the second largest and is expected to witness strong growth during the forecast period due to rising popularity of online shopping for shoes among UK consumers.
Key Takeaways
The Global UK Fashion Ecommerce Market Demand is expected to witness high growth. The global UK Fashion Ecommerce Market is estimated to be valued at US$ 35.94 Mn in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period 2024-2031.
Regional analysis
The UK dominates the fashion ecommerce market in Europe. The country accounted for over 45% share of the Europe fashion ecommerce sales in 2024. The growth can be attributed to the high internet penetration and strong preference of UK shoppers towards online shopping.
Key players
Key players operating in the UK Fashion Ecommerce market are Eaton Corporation, Philips Lighting, Hubbell Incorporated, Zumtobel Group AG, Thorn Lighting, Acuity Brands Lighting, Inc., Wipro Enterprises Private Limited, General Electric Company, Osram Licht AG, Feilo Sylvania, Nordlux A/S, Chalmit Lighting, Crompton Greaves Consumer Electricals Limited, Dialight plc, Glamox AS.
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