Free Data Graphic 2 minutesFree ReportCoresight Bites: Global Fast Fashion—Poised for Strong Growth Coresight Research January 10, 2022 Coresight Bites provide free snapshots of Coresight Research data and findings. Subscribers can access the full research here. To find out how to subscribe, click here. Fast fashion, initially refined by H&M and Inditex (the owner of Zara), the world’s two largest apparel and footwear specialist retailers by revenue, has become one of the fastest-growing segments in the global apparel and footwear sector. Coresight Research estimates that the global fast-fashion market grew by around 20% year over year in 2021. In the medium term, Coresight Research estimates that the market will grow at a stabilized high-single-digit percentage rate. Click the image below to read our Market Outlook report, which explores the global fast-fashion market in detail, including the competitive landscape, key growth drivers and major trends. This document was generated for Other research you may be interested in: US Beauty—Retail 2025 Sector Outlook: Product Innovation and Unified Commerce To Drive GrowthRetail-Tech Landscape: Store Associate EnablementVF Corporation Investor Day 2024: New Strategic Focus on Scalability and Financial ResilienceAnalyst Corner—Inside the World of Luxury Retail: Global Market Learnings with Sunny Zheng