Market Share of Asia-Pacific E-Commerce Apparel Industry
The Asia-Pacific E-Commerce Apparel Market is highly competitive owing to the presence of multiple regional and multinational companies offering a wide range of online apparel products and trying to maintain their leadership position in the market studied. Major players in the market include PVH Corp., Inditex, Hennes & Mauritz AB, Fast Retailing Co., Ltd., and LVMH Moët Hennessy Louis Vuitton, each of which holds a significant share of the market studied.
These players have been undertaking business strategies, including product innovations, partnerships, strengthening their hold over online and offline marketing, and mergers and acquisitions to expand their visibility and portfolio of offerings, thus, augmenting the growth of the market. Further, the companies have been introducing new and innovative products with the inclusion of sustainable raw material fabrics to make their product unique from the existing products. Owing to the rapidly developing nature of the market, new product innovation has become the most commonly used strategy among all.
Asia-Pacific E-Commerce Apparel Market Leaders
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PVH Corp.
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Inditex
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Hennes & Mauritz AB
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Fast Retailing Co., Ltd.
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LVMH Moët Hennessy Louis Vuitton
*Disclaimer: Major Players sorted in no particular order
