Fashion Business-to-Business E-commerce Market Trends [2031]
Fashion Business-to-Business E-commerce Market Trends [2031]
Segments - Fashion Business-to-Business (B2B) E-commerce Market by Type (Supplier-oriented, Buyer-oriented, and Intermediary-oriented), Services (Network as a Service (NaaS), Data as a Service (Daas), Storage as a Service (STaas), Back-end as a Service (BaaS)), Application (Accessories, Clothing, Footwear, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :ICT-SE-5772
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Report Description
Fashion Business-to-Business (B2B) E-commerce Market Outlook 2031
The global fashion business-to-business (b2b) e-commerce market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of XX% during 2023–2031. The market growth is attributed to the rising adoption of online shopping and growing technological advancements.
Expansion of the fashion industry is anticipated to significantly boost the fashion business-to-business (B2B) e-commerce market. B2B e-commerce streamlines business operations and reduces manual processes. This leads to the increased operational efficiency and significant cost savings for businesses involved in fashion supply chains. For instance,
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As per the recent data published, the global fashion industry was valued at USD 1.53 trillion in 2022.
Fashion B2B e-commerce platforms offer a range of tools and features to facilitate seamless business transactions. These encompass functions such as inventory management, order tracking, and secure payment processing. Additionally, they provide robust analytics and reporting capabilities, allowing businesses to monitor their performance and make well-informed operational decisions.
The market report finds that the COVID-19 pandemic boosted the fashion business-to-business (b2b) e-commerce market. The pandemic accelerated the adoption of digital platforms across industries, including fashion B2B e-commerce. Physical interactions were restricted, and thus, businesses turned to online channels to conduct transactions, leading to a surge in the demand for B2B e-commerce solutions.
During and post-pandemic, consumer preferences and needs changed drastically. Comfort, athleisure, and work-from-home attire gained prominence, while formal and occasion wear declined in the demand. B2B e-commerce platforms had to quickly adapt to these shifts by offering a diverse range of products and styles.
Impact of Artificial Intelligence (AI) on the Business-to-Business (B2B) E-commerce market
Artificial Intelligence (AI) is expected to boost the revenue of the market players present in the fashion business-to-business (b2b) e-commerce market. These AI-driven predictive analytics are employed to predict the demand and technologies to optimize inventory levels.
Artificial intelligence and machine learning are utilized to analyze data and provide actionable insights. This enables businesses to make informed decisions regarding inventory management, pricing strategies, and customer behavior.
Fashion Business-to-Business (B2B) E-commerce Market Dynamics
Major Drivers
Rapidly growing digitization around the globe drives the market. The proliferation of the internet and the widespread availability of high-speed internet connections have connected businesses across the globe.
This enhanced connectivity allows fashion businesses to easily engage with suppliers, distributors, and partners in different regions. Growing adoption of digitization encourages companies to offer digital payment systems such as electronic fund transfers & online payment gateways that have simplified financial transactions. For instance,
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As per the recent data published, the adoption of digital technology reached USD 1.6 trillion in 2022 and is projected to reach USD 3.4 trillion by 2026.
Existing Restraints
Limited digital adoption in certain regions hampers the market. Some regions have low levels of digital infrastructure and internet penetration, which hinders the widespread adoption of B2B e-commerce platforms. Additionally, traditional businesses, especially those with deeply rooted established practices, are resistant to transitioning to digital platforms leading to the slow adoption, thus impeding the market.
Emerging Opportunities
Innovation in virtual showrooms and 3D product visualization creates lucrative opportunities in the market. Virtual showrooms and 3D visualization technologies offer an interactive way to showcase products. This allows buyers to experience the products in an immersive manner as compared to static images or descriptions. These technologies aim at recreating the in-person shopping experience online. Buyers are able to virtually try on clothing, visualize how products fit in their own environment, and explore various angles and details.
Scope of the Fashion Business-to-Business (B2B) E-commerce Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
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Report Title |
Fashion Business-to-Business (B2B) E-commerce Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Supplier-oriented, Buyer-oriented, and Intermediary-oriented), Service (Network as a Service (NaaS), Data as a Service (Daas), Storage as a Service (STaas)), Back-end as a Service (BaaS) and Application (Accessories, Clothing, Footwear, and Others) |
|
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Alibaba.com; Amazon.com, Inc.; Arvato SE; Cloudfy Ltd; FDM4 America & FDM4 International; increff.com; Pepperi; and Traede. |
Market Segment Insights
Type Segment Analysis
Based on type, the fashion business-to-business (B2B) e-commerce market is divided into supplier-oriented, buyer-oriented, and intermediary-oriented. The supplier-oriented segment is expected to hold a dominant share of the market during the projection period, due to efficient supply chain processes and cost efficiency.
Supplier-oriented e-commerce platforms are designed to streamline supply chain operations. This leads to smooth and efficient processes, reducing delays and ensuring timely delivery of products. Operating through supplier-oriented e-commerce channels often leads to cost savings. This result from reduced overhead costs associated with physical storefronts as well as from streamlined inventory management and order fulfillment processes.
The buyer-oriented segment is expected to expand at a significant pace in the coming years, due to its expansive customer base. It provides direct consumer interaction. Buyer-oriented e-commerce platforms cater directly to end consumers, which create a vast and diverse customer base. This wide reach translates to high transaction volumes and thus, substantial revenue generation. These platforms facilitate direct interaction between businesses and individual consumers. This direct engagement allows for a personalized shopping experience and helps to build brand loyalty.
Service Segment Analysis
On the basis of service, the fashion business-to-business (B2B) e-commerce market is segmented into Network as a Service (NaaS), Data as a Service (Daas), Storage as a Service (STaas), Back-end as a Service (BaaS). The Data as a Service (Daas) segment is anticipated to register a robust growth rate during the forecast period, as it offers data-driven decision-making.
In the fashion B2B e-commerce market, data plays a crucial role in making informed decisions regarding inventory management, product recommendations, and customer personalization. DaaS providers offer valuable data insights that help businesses to improve their operations and enhance the customer experience.
Application Segment Analysis
On the basis of application, the global market is segregated into accessories, clothing, footwear, and others. The clothing segment is projected to register a high CAGR during the forecast period, due to shifting consumer preference for online apparel shopping and the growing demand for virtual try-ons.
Consumers increasingly prefer the convenience and variety offered by online platforms when it comes to purchasing clothing. This shift in consumer behavior leads to a surge in the demand for online clothing retail. Advancements such as virtual try-on and 3D visualization technologies enhance the online shopping experience for clothing. These tools allow customers to try on garments and help them to make confident purchasing decisions.
The footwear segment is anticipated to gain significant revenue shares in the market in the coming years, due to high consumer demand for footwear and a diverse product range. Footwear is an essential and frequently purchased item across the globe.
The consistent demand for footwear contributes significantly to the revenue generation of the segment. The footwear industry incorporates a wide range of products, including athletic footwear, casual shoes, formal shoe, and specialized footwear for various activities. This diversity appeals to a broad customer base, further driving revenue.
Regional Outlook
In terms of region, the global fashion business-to-business (B2B) e-commerce market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period, due to booming e-commerce industry and ongoing digital transformation.
Asia Pacific has a rapidly growing e-commerce industry. Emerging economies such as China, India, and South Korea have witnessed explosive growth in online shopping. Asia Pacific has been at the forefront of digital transformation, with widespread internet penetration and a rising number of smartphone users. This digital connectivity provides a favorable environment for the adoption of B2B e-commerce platforms. For instance,
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As per the recent data published, the adoption rate of smartphones across the Asia Pacific reached 76% in 2022 and is anticipated to reach approximately 90% by 2030.
The market in North America is projected to expand rapidly during the forecast period, owing to the growing technological innovation and rising consumer demand for online shopping. Consumers in North America have a strong preference for online shopping, as it provides convenience and product variety. This consumer behavior aligns with the offerings of B2B e-commerce platforms. North America is a global hub for technological innovation and startups. This ecosystem raises the development of advanced B2B e-commerce solutions that attract businesses and further drive the market.
Segments
The fashion business-to-business (B2B) e-commerce market has been segmented on the basis of
Type
- Supplier-oriented
- Buyer-oriented
- Intermediary-oriented
Service
- Network as a Service (NaaS)
- Data as a Service (Daas)
- Storage as a Service (STaas)
Application
- Accessories
- Clothing
- Footwear
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Alibaba.com
- Amazon.com, Inc.
- Arvato SE
- Cloudfy Ltd
- FDM4 America & FDM4 International
- increff.com
- Pepperi
- Traede
Competitive Landscape
Key players competing in the global fashion business-to-business (B2B) e-commerce market are Alibaba.com; Amazon.com, Inc.; Arvato SE; Cloudfy Ltd; FDM4 America & FDM4 International; increff.com; Pepperi; and Traede.
These companies have adopted development strategies, including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion, to expand their consumer base globally. For instance,
- In December 2021, Newegg Commerce, Inc. formed a partnership with Affirm, Inc., a payment network, aimed at offering flexible payment solutions, including pay-over-time options, to customers shopping on Newegg.com. Affirm, Inc. The company specializes in providing its customers with checkout flexibility, transparency, and control.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Fashion Business-to-Business (B2B) E-commerce Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fashion Business-to-Business (B2B) E-commerce Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fashion Business-to-Business (B2B) E-commerce Market - Supply Chain
4.5. Global Fashion Business-to-Business (B2B) E-commerce Market Forecast
4.5.1. Fashion Business-to-Business (B2B) E-commerce Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fashion Business-to-Business (B2B) E-commerce Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fashion Business-to-Business (B2B) E-commerce Market Absolute $ Opportunity
5. Global Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Types
5.3.1. Supplier-oriented
5.3.2. Buyer-oriented
5.3.3. Intermediary-oriented
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Applications
6.3.1. Accessories
6.3.2. Clothing
6.3.3. Footwear
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Fashion Business-to-Business (B2B) E-commerce Demand Share Forecast, 2019-2026
8. North America Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Types
8.4.1. Supplier-oriented
8.4.2. Buyer-oriented
8.4.3. Intermediary-oriented
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Applications
8.7.1. Accessories
8.7.2. Clothing
8.7.3. Footwear
8.7.4. Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Fashion Business-to-Business (B2B) E-commerce Demand Share Forecast, 2019-2026
9. Latin America Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Types
9.4.1. Supplier-oriented
9.4.2. Buyer-oriented
9.4.3. Intermediary-oriented
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Applications
9.7.1. Accessories
9.7.2. Clothing
9.7.3. Footwear
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Fashion Business-to-Business (B2B) E-commerce Demand Share Forecast, 2019-2026
10. Europe Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Types
10.4.1. Supplier-oriented
10.4.2. Buyer-oriented
10.4.3. Intermediary-oriented
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Applications
10.7.1. Accessories
10.7.2. Clothing
10.7.3. Footwear
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Fashion Business-to-Business (B2B) E-commerce Demand Share Forecast, 2019-2026
11. Asia Pacific Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Types
11.4.1. Supplier-oriented
11.4.2. Buyer-oriented
11.4.3. Intermediary-oriented
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Applications
11.7.1. Accessories
11.7.2. Clothing
11.7.3. Footwear
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Fashion Business-to-Business (B2B) E-commerce Demand Share Forecast, 2019-2026
12. Middle East & Africa Fashion Business-to-Business (B2B) E-commerce Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Types
12.4.1. Supplier-oriented
12.4.2. Buyer-oriented
12.4.3. Intermediary-oriented
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Fashion Business-to-Business (B2B) E-commerce Market Size and Volume Forecast by Applications
12.7.1. Accessories
12.7.2. Clothing
12.7.3. Footwear
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Fashion Business-to-Business (B2B) E-commerce Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Fashion Business-to-Business (B2B) E-commerce Market: Market Share Analysis
13.2. Fashion Business-to-Business (B2B) E-commerce Distributors and Customers
13.3. Fashion Business-to-Business (B2B) E-commerce Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Alibaba.com
13.4.2. Amazon.com, Inc.
13.4.3. Arvato SE
13.4.4. Cloudfy Ltd
13.4.5. FDM4 America & FDM4 International
13.4.6. increff.com
13.4.7. Pepperi
13.4.8. Traede
Methodology
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