The Global Fashion Business-to-Business (B2B) E-commerce Market is expected to foresee significant growth. North America to lead the growth!
- Himanshu Patni
- November 18, 2023
- NEWS, TELECOM & IT
- Fashion Business-to-Business (B2B) E-commerce Market, Fashion Business-to-Business (B2B) E-commerce Market Share, Fashion Business-to-Business (B2B) E-commerce Market Size, Fashion Business-to-Business (B2B) E-commerce Market Trends
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The Fashion B2B E-commerce Market is expected to grow at a strong CAGR during the forecast period owing to the many benefits it offers to businesses, including increased efficiency, cost savings, and access to new markets. As the demand for digital solutions in the fashion industry continues to grow, the fashion B2B e-commerce market is expected to expand further. Moreover, the rapidly growing e-commerce industry is playing an important role in the growth of the fashion B2B e-commerce market. For instance, according to the United Census Bureau, in the first quarter of 2021, e-commerce sales in the U.S. totaled USD 215 Bn, up 39% from the same period in the previous year.
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Based on the types, the market is segmented into buyer-oriented e-commerce, supplier-oriented e-commerce, and intermediary-oriented e-commerce. Amongst these, the supplier-oriented e-commerce segment held a significant share of the market in 2021. Streamlined supply chains, cost-effectiveness, and convenience offered by supplier-oriented e-commerce are some of the most prominent factors contributing to the growth of this segment. Further, with the rise of globalization, suppliers are looking to expand their network beyond their local markets. B2B e-commerce platforms allow suppliers to reach customers from different regions, which significantly increases their sales and profits.
By application, the market is divided into clothing, footwear, accessories, and others. Among these, the clothing segment captured a significant share of the fashion B2B E-commerce market in 2021 and is expected to grow at a strong CAGR during the forecasted period. The growth of the clothing segment can be attributed to the combination of technological advancements, changing customer behavior, and the need for businesses to adapt rapidly evolving industry.
For a better understanding of the market adoption of the fashion B2B e-commerce industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. For a better understanding of the market adoption of the telecom billing software industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. Asia-Pacific is expected to grow at a substantial CAGR owing to the rapidly growing e-commerce industry and consumer demand, ongoing digital transformation, and growth of the internet and mobile devices in the region. Moreover, B2B e-commerce platforms provide businesses with the tools and resources they need to stay ahead of the competition and thrive in today’s digital economy.
Some of the major players operating in the market are FDM4 International; Cloudfy Ltd; Alibaba.com; Systum; increff.com; Traede; Arvato Supply Chain Solutions SE; Pepperi; Amazon.com, Inc.; and Threadsy.
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Global Fashion Business-to-Business (B2B) E-commerce Market Segmentation
Market Insight, by Types
- Buyer-oriented E-commerce
- Supplier-oriented E-commerce
- Intermediary-oriented E-commerce
Market Insights, by Application
- Clothing
- Footwear
- Accessories
- Others
Market Insight, by Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
- FDM4 International
- Cloudfy Ltd
- Alibaba.com
- Systum
- increff.com
- Traede
- Arvato Supply Chain Solutions SE
- Pepperi
- Amazon.com, Inc.
- Threadsy
