[Graph] Fashion eCommerce Market Size in India

fashion e-commerce in india (2)

An analysis by Technavio says that the online fashion retail market in India is expected to grow at a CAGR 64.87% in terms of revenue over the period of 2014- 2019.

Nitin Bawankule, Google India Director for Ecommerce and Online has made startling revelations in an event organised in New Delhi:

  • By 2020, India is expected to generate $100 billion online retail revenue, of which $35 billion will come from fashion ecommerce.
  • Online apparel sales are set to grow four times in the next 5 years
  • Ever third query on Google is related to Fashion and this trend is increasing at 65% annually
  • With the current trend, it is estimated that fashion sales on the Internet will grow to 35% by 2020 from the current market share.

*Estimations are done keeping Google in point of view, which captures 70% of the total search.

Written by Purple Stores

PurpleStores is a DIY eCommerce platform designed specifically for the Indian Merchants. It allows them to run their own eCommerce platform with ease even while selling on multiple channels. Apart from on demand technical support, it allows gives an access to services like catalog development, logistics support and internet marketing. To try out Purple Stores for your business for free. http://purplestores.in/

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