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DUBLIN, Oct. 27, 2020 /PRNewswire/ -- The "Global Fast Fashion Market with Focus on The United States: Size and Forecasts with Impact Analysis of COVID-19 (2020-2024)" report has been added to ResearchAndMarkets.com's offering. Fast fashion is the delivering of latest runway trends but at a minimal pricing and low maintenance cost; thus having a mass appeal. In the other words, fast fashion refers to the ability to capture the latest fashion trends and bring them to the public as quickly as fast food. The fast fashion has risen from 'out-of-the-box' thinking that departs from convention, which includes a shift from planned production to quick response production, shift from local business to global business, a shift from following trends to leading trends, and a shift from media-centric marketing to spatial marketing. The major advantages of fast fashion are short production time, more styles and lower quantities. The disadvantages of fast fashion are an imitation of original products and false price notion. The global fast fashion market has increased at a significant CAGR during the years 2015-2019 and projections are made that the market would rise in the next four years i.e. 2020-2024 at a healthy rate. The fast fashion market is expected to increase due to growth in media development, an increase in expenditure on fast fashion, growing youth population and growth of emerging economies. Yet the market faces some challenges such as a decline in spending on apparel, inventory management, perishable and volatile demand. The COVID-19 pandemic is expected to be a headwind for the fast fashion market all through 2020. People are restricted at their homes practicing social distancing and keeping Covid-19 at bay and as such have no places to go to for recreation. Hence, dampened demand for fast fashion products. The situation is expected to normalize by next year with vaccine arrival and improvement in consumer confidence. Furthermore, the application of sustainable materials in fast fashion clothing is anticipated to surge, casting a positive impact in the approaching years. This report provides an in-depth analysis of the global fast fashion market by value and by volume The report provides a regional analysis of the fast fashion market of the United States. Growth of the overall global fast fashion market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in the global Fast Fashion market is dominated by the four big players, Zara, H&M, Gap, Inc. and Uniqlo. Further, key players of the fast fashion market Zara, H&M, Uniqlo and Gap, Inc. are also profiled with their financial information and respective business strategies. Key Topics Covered: 1. Executive Summary 2. Introduction2.1 Apparel Industry: An Overview2.1.1 Segmentation of Apparel Industry: Gender, Fashion Trend and Product Type2.1.2 Industry Supply Chain2.2 Fast Fashion: An Overview2.2.1 Fast Fashion Strategies2.2.2 Advantages & Disadvantages of Fast Fashion2.2.3 Perspectives in Fast Fashion2.2.4 Fast Fashion Brands v/s Luxury Brands 3. Global Market Analysis3.1 Global Apparel Industry: An Analysis3.1.1 Global Apparel Market by Value3.2 Global Fast Fashion Market: An Analysis3.2.1 Global Fast Fashion Market by Value3.2.2 Global Fast Fashion Market by Store Count 4. Regional Market Analysis4.1 The US Fast Fashion Market: An Analysis4.1.1 The US Fast Fashion Market by Value4.1.2 The US Fast Fashion Market by Store Count4.1.3 The US Fast Fashion Market Retailers v/s Traditional Retailers by Gross Margin4.1.4 The US Fast Fashion Market Retailers v/s Traditional Retailers by Price 5. Impact of COVID-195.1 Impact on Global Fast Fashion Market5.1.1 Rising Need for Use of Sustainable Materials in Fast Fashion Offerings5.1.2 Preference towards Increased Spending on Eco-Friendly Products 5.1.3 Current State of Sustainable Practice within Fast Fashion Market 6. Competitive Landscape6.1 Global Fast Fashion Retail Market: Players Analysis6.1.1 Global Fast Fashion Retail Market Players by Net Sales/Revenue6.1.2 Global Fast Fashion Retail Market Players by Strengths and Supply Chain6.1.3 Global Fast Fashion Retail Market Players by Number of Employees 7. Company Profiled Fast Retailing (Uniqlo) Gap, Inc. H&M Zara (Inditex Group) For more information about this report visit https://www.researchandmarkets.com/r/gwom55 About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Media Contact: Research and Markets Laura Wood, Senior Manager [emailprotected] For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 SOURCE Research and Markets Related Links http://www.researchandmarkets.com

Answer: Global Fast Fashion Market with Focus on The United States 2020-2024 with Impact Analysis of COVID-19