E-commerce – Latest Market Trends

Covid-19 Impact on Fashion Luxury Cashmere Clothing Market Opportunities And Strategies To 2023

Nov 30 2020: Synopsis:

The global fashion luxury cashmere clothing market witnessed lucrative growth over the past few years. Cashmere hair is obtained from cashmere goats after combing out the hair fiber, which is used for cloth production. Since cashmere goats are found only in highland areas, which is rare and often expensive. The raw material is light weight, dirt- & water-repellent, and keeps the wearer warmer than ordinary wool clothing.

The global interest in luxury goods have increased manifold and popular brands are keeping up with the scientific developments to ensure product creativity, variety, and excellence. Pullovers, jackets, and scarves are some of the common outfits made using cashmere fiber. Scarf knitting or crocheting are its common applications, which are produced as fully-fashioned and seamless parts.

Drivers:

The market is predominantly driven by the growing influence of knitwear in the fashion industry and has stimulated the luxury cashmere clothing expansion. As a result of the booming fashion industry, luxury manufacturing supply chain has become more global and complex. Therefore, businesses through the development of diffusion brands have expanded their scope and to internationalize their businesses.

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Restraints:

Traditional and fully functioning textile industry has suffered a substantial decline owing to the altering fashion trends. Also, high demand for luxury retail industry exceeds raw material supply as cashmere goats are rare due to their limited feeding habits. As a result of which, the industry players are focusing on bringing in alternatives that can serve as a replacement for cashmere fiber.

Numerous research activities have been carried out to ensure quality of man-made fibers or sheep wool. Hair of Tibetan mastiff and Mongolian sheepdog have been regarded as suitable alternatives, which is set to drive the market growth over the forecast period. Furthermore, Tibetan mastiff hair has been determined to be twice as long as the hair of Mongolian sheepdog. Tibetan mastiff dog is washed, combed, hand-spun to a yarn, and is later knitted and crocheted. This serves as a potential opportunity in terms of futuristic market growth.

Segmentations:

The market has been segmented based on its product type, applications, and sales channel. The product type segment comprises of trousers, coats, dresses, and other. Based on application, the market has been categorized into children, men, and women. Direct channel and distribution channel have been identified as two key sales channels serving the market. The sweaters and coats product segment dominated the global market space over the past few years, owing the increasing variety of sweat types such as formals and casuals.

Regional Outlook:

Geographically, the Fashion Luxury Cashmere Clothing market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America was a prominently growing region and is also expected to witness potential growth during the projected timeframe. Asia Pacific is anticipated be the second fastest-growing region, ascribed to surging disposable income levels and improved lifestyle in emerging countries like India, China, South Korea, and Japan.

Competitive Landscape:

Some of the key players operating in the market includes Snow Lotus, Brunello Cucinelli, Loro Piana, Ermenegildo Zegna, Alyki, Malo, Pringle of Scotland, Autumn Cashmere, SofiaCashmere, TSE, Birdie Cashmere, Ballantyne, Maiyet, GOYO, Gobi, Cashmere Holding, Hengyuanxiang, Erdos Group, Kingdeer, and Zhenbei Cashmere, among others.

The global Fashion Luxury Cashmere Clothing market was valued at $XX million in 2018, and Radiant Research analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028.

This report provides detailed historical analysis of global market for Fashion Luxury Cashmere Clothing from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Fashion Luxury Cashmere Clothing market.

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Leading players of Fashion Luxury Cashmere Clothing including:

• Loro Piana

• Brunello Cucinelli

• Ermenegildo Zegna

• Malo

• Alyki

• Pringle of Scotland

• SofiaCashmere

• Autumn Cashmere

• TSE

• Ballantyne

• Birdie Cashmere

• Maiyet

• Gobi

• GOYO

• Cashmere Holding

• Erdos Group

• Hengyuanxiang

• Kingdeer

• Snow Lotus

• Zhenbei Cashmere

Market split by Type, can be divided into:

• Coats

• Trousers

• Dresses

• Other

Market split by Application, can be divided into:

• Children

• Women

• Men

Market split by Sales Channel, can be divided into:

• Direct Channel

• Distribution Channel

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Spain etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America Brazil, Argentina, Colombia and Chile etc.)

• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

Continued……………

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Coronavirus impact on Warehouse Racking Market Growing Demand, Size, Share & Future Trends To 2023

SEP 07 2020: The global Warehouse Racking market size is expected to reach USD 10.5 billion by 2025, ascending at a CAGR of 3.6% over the forecast period, according to a new report by Grand View Research, Inc. Optimized utilization of warehouse space and structural storage of objects in racking systems is expected to propel their demand. High load-bearing capacity and rigidity of rack structures are expected to be the key factors propelling their demand in heavy duty applications.

These systems are commercially available in various structures, patterns, and designs, thus are gaining high consumer traction. Racking offers easy handling of materials and optimized way of product selection, thus are popular in large-scale storage facilities. Forklifts and conveyer mechanisms are used in racks to provide access to every object stored in racking structure.

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Systematic storage of stock in warehouse and easy accessibility provided by racks are considered beneficial for applications such as retail and food & beverage. These systems are widely used in large warehouses where heavy, fragile, and ductile objects are stored. Developments in the industry have introduced enhanced racking with improved durability and lifespan of pallets used in the systems.

Prominent players in the warehouse racking industry are focusing on providing installation and maintenance services to the customers. The market is characterized by multinational and a large number of domestic players engaged in production and distribution of racking systems. Major players in the market include Daifuku Co., Ltd.; AK Material Handling Systems; Hannibal Industries, Inc.; and Mecalux, S.A.

Further key findings from the report suggest:

• Selective pallet system is expected to grow at the fastest CAGR of 4.2% over the forecast period owing to provision of easy accessibility to materials and less complicated structural rack design

• In 2018, retail applications for warehouse system dominated the market with a share of over 30% and is anticipated to progress with the highest CAGR over the forecast period on account of increasing e-commerce applications

• In Europe, the revenue for drive-in racking system in 2018 stood at USD 228.3 million and is likely to grow over the forecast period with growing acceptance of modern technology automation in racking systems in the region

• North America registered the largest warehouse racking market for warehouse racking in 2018 owing to well-established distribution networks for retail, food & beverage, and automotive applications in the region

• In 2019, Michelin North America, Inc. announced its operations of a new three million square feet distribution and warehouse, wherein the company installed racking systems and forklifts to smoothen the operations.

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Table of Contents

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumption

1.3. Information Procurement

1.3.1. Purchased Database

1.3.2. GVR’s Internal Database

1.3.3. Secondary Sources & Third-Party Perspectives

1.3.4. Primary Research

1.4. Information Analysis

1.4.1. Data Analysis Models

1.5. Market Formulation & Data Visualization

1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook

2.2. Segmental Outlook

2.3. Competitive Insights

Chapter 3. Warehouse Racking Market Variables, Trends, & Scope

3.1. Penetration & Growth Prospect Mapping

3.2. Industry Value Chain Analysis

3.2.1. Raw Material Trends

3.2.2. Manufacturing Trends

3.2.3. Sales Channel Analysis

3.3. Technology Overview

3.4. Regulatory Framework

3.5. Market Dynamics

3.5.1. Market Driver Analysis

3.5.2. Market Restraint Analysis

3.5.3. Industry Challenges

3.6. Business Environment Analysis: Warehouse Racking Market

3.6.1. Industry Analysis – Porter’s

3.6.1.1. Supplier Power

3.6.1.2. Buyer Power

3.6.1.3. Threat of Substitution

3.6.1.4. Threat from New Entrants

3.6.1.5. Competitive Rivalry

3.6.2. PESTEL Analysis

3.6.2.1. Political Landscape

3.6.2.2. Environmental Landscape

3.6.2.3. Social Landscape

3.6.2.4. Technology Landscape

3.6.2.5. Economic Landscape

3.6.2.6. Legal Landscape

3.6.3. Major Deals & Strategic Alliances Analysis

3.7. Case Studies

Continued………………

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Indian E-commerce Market Will Generate About 2,375.43 Bn

The online travel segment is expected to expand at a CAGR of ~21% during the 2018-2023 period, and will reach a value of INR 3,563.66 Bn by the end of 2023. In India

JUNE 04, 2020: E-commerce is a crucial segment of the current retail market in India. It is estimated that between 2018 and 2023, the value of the Indian e-commerce market will increase at a compound annual growth rate (CAGR) of ~41%, from INR 2,375.43 Bn in 2017. The growing number of Internet users and continuously increasing purchasing power are the primary driving forces for the growth of the e-commerce market in India. As of 2017, the Indian e-commerce market was dominated by the online travel segment (~49.59%), followed by that of retail, financial services, and online classifieds market, among others.

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Online travel segment insights:

The online travel segment is expected to expand at a CAGR of ~21% during the 2018-2023 period, and will reach a value of INR 3,563.66 Bn by the end of 2023. In India, the increasing use of smartphones is one of the major factors leading to the higher number of hotel and ticket bookings through online portals and applications. Among the different online travel portals, MakeMyTrip is the most significant player, with a market share of ~31%, primarily due to its high penetration rate, large number of partnerships with global hotel chains, and attractive discount offers. The other major players of the segment are Goibibo, IRCTC, Clear Trip, and Yatra.

Online retail segment insights:

The increased penetration of Internet-enabled devices, focus on advertising, ease of online shopping, innovative payment options, cashbacks and discount offers, and rapidly changing customer needs are the major growth drivers of the online retail market in India. As of 2018, the electronics sector had the largest share (~48%) within the online retail market, owing to the facility of being able to compare the features of products manufactured by different companies, on a single platform. Apart from electronics, the apparels sector has a considerable share in the online retail market of the country.

Online financial services segment insights:

The online financial services segment is expected to expand at a CAGR of ~59% during the 2018- 2023 period, and will reach a value of INR 1,057.37 Bn by the end of 2023. Advancements in the banking, financial services and insurance (BFSI) sector in India have propelled the use of digital financial services in the country. Oxigen and Paytm are two notable online financial services companies that are currently operating in India.

Online classifieds segment insights:

The online classifieds segment is expected to expand at a CAGR of ~39% during the 2018-2023 period, and will reach a value of INR 141.58 Bn by the end of 2023. Consumers who are Internet savvy are increasingly using online classifieds, since they are more convenient in terms of search functionalities and find the desired results with regard to jobs, real estate, etc. Quikr, Sulekha, Just Dial, OLX, and Click India are some of the leading digital classifieds websites in India.

Key growth drivers of the market:

• The affordability of hardware such as laptops, netbooks, desktop PCs and ‘Smart’ handheld devices, coupled with rising Internet adoption, especially in Tier-I and Tier-II cities, are aiding the growth of the Indian e-commerce market. Also, the rapid growth of smartphone usage is giving improved access to virtual shopping and e-tailing websites to the tech-savvy generation, thus driving business for the e-commerce market in India.

• India’s per capita income is expected to reach INR 91.92 Mn in 2018-2019, expanding at a rate of ~6.1% from its 2017-2018 value of INR 86.66 Mn. This rise in income has brought about changes in the buying and spending patterns of customers. Changes in demand, along with the popularity of online markets will lead to the growth of the e-commerce market in India.

Key deterrents to the growth of the market:

• Despite having a host of genuine buyers, false or spam orders are a prominent logistical hindrance for e-commerce businesses. Out of the total losses incurred by e-commerce companies in India, false orders account for ~4% on an average. The trend has been observed mainly in Tier II or Tier III cities, where people exhibit a desire to make purchases when they see something online, but eventually cancel the order owing to miscellaneous reasons. Eventually, the sales volume of the e-commerce market diminishes.

• In the Indian market, different types of discounts and price wars put e-commerce companies under severe pressure in competitive situations. Often, companies fail to provide the discounts that customers want, which creates an unfavorable impression for buyers. In response, customers switch to other e-commerce platforms or even offline stores that have similar products at more affordable prices. This, in turn, hampers the growth of the market and the players operating in it.

Market trends:

• A retailer always gets the attention of its target segment through its private label. Both offline retail stores and e-commerce players have started introducing their in-house brands to build strong customer bases.

• Though the electronics sector has the largest share of the e-retail market segment in India, Indian customers are also showing interest in buying other products from online platforms. As a result, it has become a trend among market players to engage in product augmentation, so that customers’ additional demands can be met.

Companies covered:

• Amazon Seller Services Private Limited

• Flipkart Internet Private Limited

• Infoedge (India) Limited

• Jasper Infotech Private Limited

• MakeMyTrip (India) Private Limited

• Paytm E-commerce Private Limited

• People Interactive (India) Private Limited

• Supermarket Grocery Supplies Private Limited

• Thomas Cook (India) Limited

• Trendsutra Platform Services Private Limited

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Table of Contents

Chapter 1: Executive summary

Chapter 2: Socio-economic indicators

Chapter 3: Introduction

3.1. E-commerce market – definition and structure

3.2. E-commerce ecosystem

3.3. E-commerce platforms

• Hosted or managed platforms vs content management systems

• Major e-commerce platforms – overview

– Magento

– WooCommerce

– OsCommerce

– Drupal Commerce

– OpenCart

3.4. Online business models – description

• Leading companies

• Emerging companies

Chapter 4: E-commerce market in India

4.1. Market overview

4.1. E-commerce market size and growth forecast – value-wise (2018-2023e)

4.2. E-commerce market – segment-wise market split (2017)

• Online travel

• Online retail

• Online financial

• Online classified

• Others

Chapter 5: Government initiatives

5.1. Digital India

5.2. Start-up India

5.3. Make in India

Chapter 6: E-commerce market in India segmentation

6.1. Online travel

6.1.1 Market overview

6.1.2. Online travel market size and growth forecast – value-wise (2017-2023e)

6.1.3. Player-wise segmentation (2017)

• MakeMyTrip

• Goibibo

• IRCTC

• Clear Trip

• Yatra

• Others

6.2. Online retail

6.2.1. Market overview

6.2.2. Online retail market size and growth forecast – value-wise (2017-2023e)

6.2.3. Player-wise segmentation (2018)

• Electronics

• Apparel

• Home and furnishing

• Baby beauty and personal care

• Books

• Others

6.3. Online financial services

6.3.1. Market overview

6.3.2. Online financial services market size and growth forecast – value-wise (2017-2023e)

6.4. Online classifieds

6.4.1. Market overview

6.4.1. India online classifieds market size and growth forecast – value-wise (2017- 2023e)

Continued……………

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