Source link : https://news7.asia/fashion/asias-fashion-ecommerce-market-poised-to-skyrocket-to-985-billion-by-2030-with-9-5-annual-growth/
The Asia fashion ecommerce market is poised for rapid expansion, projected to reach a staggering US$ 985 billion by 2030, according to a new report by Coherent Market Insights (CoherentMI). With a robust compound annual growth rate (CAGR) of 9.5%, the region is set to capitalize on shifting consumer behaviors, increasing internet penetration, and evolving digital payment infrastructures. This growth underscores Asia’s rising dominance in the global fashion ecommerce landscape, as industry stakeholders gear up to tap into burgeoning demand across key markets such as China, India, and Southeast Asia.
Asia Fashion Ecommerce Market Poised for Explosive Growth Driven by Rising Consumer Demand
The Asia fashion ecommerce sector is set to experience unparalleled expansion as consumer enthusiasm for online shopping continues to surge. Bolstered by increasing smartphone penetration, enhanced internet accessibility, and a growing middle-class population, the market is projected to accelerate rapidly over the next decade. Key countries such as China, India, and Southeast Asia are becoming epicenters of this digital retail revolution, where fashion enthusiasts are embracing a wider variety of local and international brands at their fingertips. Convenience, competitive pricing, and personalized shopping experiences are driving this digital transformation, creating a fertile environment for both new entrants and established players to innovate and capture market share.
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Author : William Green
Publish date : 2025-09-29 09:01:00
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