Introduction
As the pandemic subsides, people are eager to resume their previous spending patterns, yet the fashion eCommerce sector remains prosperous. Despite challenges, the revenue of fashion eCommerce has consistently risen, in contrast to various other industries that have experienced notable fluctuations.
The fashion eCommerce industry is undergoing a period of transition due to shifts in consumer behavior, globalization, and digital advancements. With soaring inflation and mounting supply chain pressures, the fashion industry has become increasingly unpredictable. As a result, the dynamics of the eCommerce fashion sector are continuously evolving, necessitating adaptive approaches among fashion retailers.
Statista reports that the fashion eCommerce sector makes up approximately 23% of the overall online retail sales in the United States, demonstrating consistent annual growth over the last twenty years. It is projected that the revenue generated from the sale of fashion apparel, footwear, and accessories in the US eCommerce market will reach an astonishing $207 billion by the conclusion of 2023, with expectations for sales to surpass $300 billion by 2027.
If you find these statistics impressive and are opting for fashion website development, there are certain factors you should take into account, beginning with selecting an eCommerce platform for your business.
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