Online Fashion Retail Market In India to grow by USD 22.97 billion from 2021 to 2026, the rise of social commerce to be a key trend in the market - Technavio
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Wednesday, March 15, 2023
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NEW YORK, March 14, 2023 /PRNewswire/ -- The online fashion retail market in India size is estimated to grow by USD 22.97 billion from 2021 to 2026, according to Technavio.
Key Points:
- NEW YORK, March 14, 2023 /PRNewswire/ -- The online fashion retail market in India size is estimated to grow by USD 22.97 billion from 2021 to 2026, according to Technavio.
- One of the key trends influencing the growth of the online fashion retail market in India is the rise of social commerce.
- Social commerce provides a wide range of choices, along with shared user experiences and referrals, eventually impacting the consumers' decision-making.
- Through social commerce, retail, and e-commerce brands divert traffic to their retail websites, increasing their brand reach, and building customer trust.