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Global| No.
Fast
Report ID: 62450 Fashion
of Pages: 202 Market Size By Type (Adults Wear, Teens Wear,
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Kids Wear), By Application (Men, Women, Children), By Geographic
Scope And Forecast
Report ID: 62450 | Published Date: Feb 2022 | No. of Pages: 202 | Base Year for Estimate: 2020 | Format:

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DESCRIPTION TABLE OF CONTENTS METHODOLOGY COVID-19 IMPACT

ANALYSIS

Fast Fashion Market Size And Forecast

Fast Fashion Market size was valued at USD 1000.3 Million in 2020 and is projected to reach
USD 1,412.5 Million by 2028, growing at a CAGR of 4.4% from 2021 to 2028.

The Global Fast Fashion Market is forecasted to grow as a result of increased media
developments, more fast fashion spending, a growing youth population, and the expansion of
emerging economies. The Fast Fashion Market is also driven by the growing youth population’s
demand for affordable clothing. The Global Fast Fashion Market report provides a holistic
evaluation of the market. The report offers a comprehensive analysis of key segments, trends,
drivers, restraints, competitive landscape, and factors that are playing a substantial role in the
market.

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Megan

Global Fast Fashion Market Definition Hi there,

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Sales you with?
 of fashionable clothing and goods, as well as related services, represent approximately
the Fast Fashion Market. Fast fashion refers to items that are quickly transitioned from Anythe
specific country / segment / company ?
runway to the store in order to keep up with the latest trends. The most recent fashion trends
displayed at Fashion Week favor fast fashion apparel collections. Fast fashion is defined Reply to Megan
as the

supply of the most recent runway trends at a low cost of production and little upkeep, making
it accessible to the general public. To put it another way, fast fashion refers to the capacity to
catch the most recent fashion trends and convey them to the public in the same amount of
time
 as fast food.
Fast Fashion has risen from
Global Fast‘out-of-the-box
Fashion Market Size thinking that
By Type departs
(Adults from
Wear, convention,
Teens Wear, Kidswhich
Wear), By
includes a shift from planned production to quick response production, a shift from local  Download Sample
Application (Men, Women, Children), By Geographic Scope And Forecast
business to globalReport
business, a shift
ID: 62450 from
| No. of following
Pages: 202 trends to leading trends, and a shift from
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media-centric marketing to spatial marketing. The major advantages of fast fashion are short
production time, more styles, and lower quantities. The disadvantages of fast fashion are an
imitation of original products and false price notion.

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rid=62450

Global Fast Fashion Market Overview

In the Fast Fashion Market, both online and offline merchants use virtual and augmented
reality. In the Fast Fashion Market, virtual or augmented reality is used to bridge the gap
between online and offline channels. These technologies allow customers to try on clothes or
make-up and see how it looks on them using virtual reality mirrors or cameras built into their
cell phones. Apps like Dressing Room, for example, use augmented reality technology to allow
consumers to try on garments on an avatar. The in-store experience is being enhanced
through virtual and augmented reality, which is driving the fast fashion sector.

The Fast Fashion Market was driven by the burgeoning youth population’s demand for
affordable clothing. Unique, stylish, and economical clothing appeals to the youth
demographic. Apparel manufacturers are concentrating on bringing trendy clothes based on
the most recent fashion trends shown at fashion week. The Fast Fashion Market was
supported by the increasing youth population’s penchant for affordable fast fashion clothing.
Fast fashion’s expansion, however, is hampered by low living wages and bad working
conditions.

Workers in the fashion business, particularly women (who account for approximately 80% of
the world’s garment workers), are underpaid. Women are likewise subjected to job harassment.
Furthermore, female garment workers in Asia’s major fast fashion companies experience
abuse and mistreatment, including terrible working conditions, low pay, and overtime, all of
which contribute to inefficiency. As a result, most people will not want to work in the fashion
sector. As a result, the growth of the Fast Fashion Market is hampered by poor pay and bad
working conditions.

Global Fast Fashion Market Segmentation Analysis

The Global Fast Fashion Market is Segmented on the basis of Type, Application, and
Geography.

Megan

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Reply to Megan

Fast Fashion Market, By Type

• Adults wear
•Teens wear
• Kids wear
• Others Global Fast Fashion Market Size By Type (Adults Wear, Teens Wear, Kids Wear), By
 Download Sample
Application (Men, Women, Children), By Geographic Scope And Forecast
Based on Type, The market
Report is bifurcated
ID: 62450 into
| No. of Pages: Adults wear, Teens wear, Kidswear, and others.
202
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Adult Wear Segment leads the market during the forecast period owing to increasing adoption
of affordable wearing clothes according to the latest trend of fashion and growing fashion
awareness in the young age group.

Fast Fashion Market, By Application

• Men
• Women
• Children

Based on Application, The market is bifurcated into Men, Women, and Children. The female
Segment is expected to be the largest segment of the fast fashion market during the forecast
period owing to the high adoption.

Fast Fashion Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, The Global Fast Fashion Market is classified into North America,
Europe, Asia Pacific, and the Rest of the world. During the projected period North America hold
the largest share of the market due to the growing youth population, and the expansion of
emerging economies. The Fast Fashion Market was propelled by the growing youth
population’s demand for affordable clothing.

Key Players

The “Global Fast Fashion Market” study report will provide valuable insight with an emphasis
on the global market. The major players in the market are Zara (Inditex), H&M Group, Fast
Retailing (Uniqlo), Gap, Forever 21, L Brands, Mango, Esprit, Primark, and New Look. The
competitive landscape section also includes key development strategies, market share, and
market ranking analysis of the above-mentioned players globally.

Key Developments

Megan

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• In May 2021, Mango launched the new exclusive collection designed by Sofia SanchezReply de to Megan

Betak, Chufy x Mango. Sofia is a fashion director, consultant, and designer of the fashion firm
that bears her name, “Chufy”, and has collaborated with Mango for over four years. As well as
posing for various campaigns, in 2019 she attended the MET Gala dressed in one of Mango’s
creations.
 It was the first time a Spanish brand had attended the most prestigious event in the
fashion industry.
• In April 2021, Mango launched
Global its first
Fast Fashion homeware
Market Size By collection toWear,
Type (Adults complement theKids
Teens Wear, lifestyle
Wear),ofByits
customers, dressing the home as well as the wardrobe. Mediterranean  Download Sample
Application (Men, Women, Children), By Geographic Scopelifestyle and culture are
And Forecast
the main sources Report
of inspiration
ID: 62450 | for
No. this project
of Pages: 202 and are also the DNA of the firm.
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• In March 2021, In the Autumn/Winter ‘20 season, Mango launched Active, a new collection of
garments designed for practicing various sports. The collection was a huge success, given that
it adapted perfectly to the growing need to wear more comfortable clothing for being at home
and for practicing sport.

• In February 2021, Mango launched a new store image that aims to reflect the spirit and
freshness of the brand. This new concept is strongly influenced by Mediterranean culture and
Pricing & Purchase Options
style, in which warm tones and neutral color bases predominate and are combined with
traditional, artisanal, sustainable, and natural materials, such as ceramic, tufa, wood, marble,
 Proceed to Buy
esparto grass, and leather.

• In October 2020, Mango is launched Active, a capsule collection of comfortable garments for  Request Customization

practicing various sporting disciplines related to physical and mental wellbeing, such as yoga,
dance, meditation, or Pilates, among others. The brand is therefore aligning itself with fitness Download Sample
wear, one of the most popular trends of the moment. The Active collection features all types Report
of sports garments, including leggings, shorts, tops, long-sleeve crop tops, bodies, sweatshirts,
Name
and jumpsuits in different colors and designs.
Business Email
• In October 2020, Mango launched the new Urban Essentials campaign, which presents a
contemporary collection made up of key garments for your wardrobe. Less formal and Country
versatile garments with a twist that suits various occasions. The timeless silhouettes and
Phone Number
better quality of the fabrics mean that the designs in this offering can go beyond a single
season.
Company Name

• In October 2020, Mango Launched its official page on TikTok, the platform for short-format Message
mobile videos which, since its launch, has become one of the most downloaded apps in the
world, according to Sensor Tower.
DOWNLOAD SAMPLE
• In October 2020, Mango Launched a Solidarity Collection to support Breast cancer research.

Report Scope

REPORT
DETAILS
ATTRIBUTES

2017-2028
STUDY PERIOD

2020
BASE YEAR

2021-2028
FORECAST PERIOD

2017-2019
HISTORICAL PERIOD

Value (USD Million) Megan

UNIT
Hi there,
Do 21,
Zara (Inditex), H&M Group, Fast Retailing (Uniqlo), Gap, Forever youLhave any custom requirements I can help
KEY COMPANIES you with?
 Brands, Mango, Esprit, Primark, and New Look. 
PROFILED Any specific country / segment / company ?

By Type Reply to Megan

 SEGMENTS By Application
COVERED By Geography


 Global Fast
FreeFashion
report Market Size By Type
customization (Adults Wear,
(equivalent to up Teens Wear, Kids
to 4 analyst’s Wear), By
working
 Download Sample
Application
CUSTOMIZATION days)(Men,
withWomen, Children),
purchase. By Geographic
Addition Scope
or alteration And Forecast
to country, regional &
SCOPE | No.scope
Report ID: 62450
segment of Pages: 202
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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both
economic as well as non-economic factors
Megan
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth asHiwell
there,
as to
dominate the market Do you have any custom requirements I can help
you with?
•Analysis by geography highlighting the consumption of the product/service in the region as
Any specific country / segment / company ?
well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along
Reply to Megan
with
 new service/product launches, partnerships, business expansions, and acquisitions in the
past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product
benchmarking, and SWOT analysis for the major market players
•The current as well as the future market outlook of the industry with respect to recent
developments which involve growth opportunities and drivers as well as challenges and
 restraints of both emerging
Global Fastas well asMarket
Fashion developed
Size Byregions
Type (Adults Wear, Teens Wear, Kids Wear), By
• Includes in-depth analysis of the market of various perspectives through  Download Sample
Application (Men, Women, Children), By Geographic Scope AndPorter’s
Forecastfive forces
analysis Report ID: 62450 | No. of Pages: 202
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• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to
come
• 6-month post-sales analyst support

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Frequently Asked Questions

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