Fashion E-Commerce Global Market Report 2020-30: Covid 19 Growth and Change – GlobeNewswire

New York, July 09, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Fashion E-Commerce Global Market Report 2020-30: Covid 19 Growth and Change” – https://www.reportlinker.com/p05930662/?utm_source=GNW
25 billion in 2019 to $485.62 billion in 2020 at a compound annual growth rate (CAGR) of -8.59%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is expected to recover and reach $672.71 billion in 2023 at a CAGR of 11.48%.
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