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Asia Pacific Virtual Fitting Room Market Size, Share & Industry Trends Analysis Report By End-use, By Component (Software (Cloud and On-premise), Hardware and Services), By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 86 Pages
  • June 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5852060
The Asia Pacific Virtual Fitting Room Market should witness market growth of 24.5% CAGR during the forecast period (2023-2030).

Innovative sizing solutions have emerged due to the last decade's fast technical improvements. Virtual fitting tools, which simulate the experience of a dressing room using augmented reality and artificial intelligence, are one of the advancements. Virtual fitting rooms are quickly becoming a need for fashion stores as they not only answer consumers' size problems but also assist businesses in achieving their inclusiveness and sustainability objectives while boosting business success.

Several brands and retail-based businesses are significantly growing their market share with their popular fast fashion apparel and other accessories. Customers may try on clothes that fit and suit them best while still at home owing to these companies' and stores' e-commerce operations and virtual changing rooms, which enhances people's personalities and self-confidence. Due to the more effective and revolutionary ways made possible by these virtual fitting rooms, the original procedures such e-retailers use with their customer-friendly practices of exchanging and returning the items with poor fit are being abandoned and minimized.

The National Investment Promotion & Facility Agency of India predicts that owing to sociodemographic and economic variables, including urbanization, income growth, and a rise in nuclear couples, the Indian retail industry will reach $2 trillion by 2032. In India during the first half of 2021, e-commerce accounted for about a third of sales in several electrical categories, nearly half of all smartphone sales, and around a fifth of all textile sales. In 2021, consumer internet and e-commerce enterprises generated US$38 billion in sales, up from US$8 billion in 2020. The growth can be attributed to the significant investments in the fintech, hyperlocal, and e-commerce sectors, as well as the expansion of the Indian start-up ecosystem.

The China market dominated the Asia Pacific Virtual Fitting Room Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,534.7 million by 2030. The Japan market is anticipated to showcase a CAGR of 23.4% during (2023-2030). Additionally, The India market would grow at a CAGR of 24.9% during (2023-2030).

Based on End-use, the market is segmented into Virtual Store and Physical Store. Based on Component, the market is segmented into Software (Cloud and On-premise), Hardware and Services. Based on Application, the market is segmented into Apparel, Eyewear, Footwear, Beauty & Cosmetic and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zugara Inc., Sizebay (Bossanova Investimentos), Magic Mirror, Zalando SE (Fision AG), MemoMi Labs Inc. (Walmart Inc.), SenseMI Smart Solutions (Viubox), Else Corp Srl, FXGear Inc., Metail Limited (TAL Apparel), and Snap, Inc. (Fit Analytics).

Scope of the Study

By End-use

  • Virtual Store
  • Physical Store

By Component

  • Software
    • Cloud
    • On-premise
  • Hardware
  • Services

By Application

  • Apparel
  • Eyewear
  • Footwear
  • Beauty & Cosmetic
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:


  • Zugara Inc.
  • Sizebay (Bossanova Investimentos)
  • Magic Mirror
  • Zalando SE (Fision AG)
  • MemoMi Labs Inc. (Walmart Inc.)
  • SenseMI Smart Solutions (Viubox)
  • Else Corp Srl
  • FXGear Inc.
  • Metail Limited (TAL Apparel)
  • Snap, Inc. (Fit Analytics)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Virtual Fitting Room Market, by End-use
1.4.2 Asia Pacific Virtual Fitting Room Market, by Component
1.4.3 Asia Pacific Virtual Fitting Room Market, by Application
1.4.4 Asia Pacific Virtual Fitting Room Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Virtual Fitting Room Market by End-use
3.1 Asia Pacific Virtual Store Market by Country
3.2 Asia Pacific Physical Store Market by Country
Chapter 4. Asia Pacific Virtual Fitting Room Market by Component
4.1 Asia Pacific Software Market by Country
4.2 Asia Pacific Virtual Fitting Room Market by Software Type
4.2.1 Asia Pacific Cloud Market by Country
4.2.2 Asia Pacific On-premise Market by Country
4.3 Asia Pacific Hardware Market by Country
4.4 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Virtual Fitting Room Market by Application
5.1 Asia Pacific Apparel Market by Country
5.2 Asia Pacific Eyewear Market by Country
5.3 Asia Pacific Footwear Market by Country
5.4 Asia Pacific Beauty & Cosmetic Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Virtual Fitting Room Market by Country
6.1 China Virtual Fitting Room Market
6.1.1 China Virtual Fitting Room Market by End-use
6.1.2 China Virtual Fitting Room Market by Component
6.1.2.1 China Virtual Fitting Room Market by Software Type
6.1.3 China Virtual Fitting Room Market by Application
6.2 Japan Virtual Fitting Room Market
6.2.1 Japan Virtual Fitting Room Market by End-use
6.2.2 Japan Virtual Fitting Room Market by Component
6.2.2.1 Japan Virtual Fitting Room Market by Software Type
6.2.3 Japan Virtual Fitting Room Market by Application
6.3 India Virtual Fitting Room Market
6.3.1 India Virtual Fitting Room Market by End-use
6.3.2 India Virtual Fitting Room Market by Component
6.3.2.1 India Virtual Fitting Room Market by Software Type
6.3.3 India Virtual Fitting Room Market by Application
6.4 South Korea Virtual Fitting Room Market
6.4.1 South Korea Virtual Fitting Room Market by End-use
6.4.2 South Korea Virtual Fitting Room Market by Component
6.4.2.1 South Korea Virtual Fitting Room Market by Software Type
6.4.3 South Korea Virtual Fitting Room Market by Application
6.5 Singapore Virtual Fitting Room Market
6.5.1 Singapore Virtual Fitting Room Market by End-use
6.5.2 Singapore Virtual Fitting Room Market by Component
6.5.2.1 Singapore Virtual Fitting Room Market by Software Type
6.5.3 Singapore Virtual Fitting Room Market by Application
6.6 Malaysia Virtual Fitting Room Market
6.6.1 Malaysia Virtual Fitting Room Market by End-use
6.6.2 Malaysia Virtual Fitting Room Market by Component
6.6.2.1 Malaysia Virtual Fitting Room Market by Software Type
6.6.3 Malaysia Virtual Fitting Room Market by Application
6.7 Rest of Asia Pacific Virtual Fitting Room Market
6.7.1 Rest of Asia Pacific Virtual Fitting Room Market by End-use
6.7.2 Rest of Asia Pacific Virtual Fitting Room Market by Component
6.7.2.1 Rest of Asia Pacific Virtual Fitting Room Market by Software Type
6.7.3 Rest of Asia Pacific Virtual Fitting Room Market by Application
Chapter 7. Company Profiles
7.1 Zugara Inc.
7.1.1 Company Overview
7.2 Sizebay (Bossanova Investimentos)
7.2.1 Company Overview
7.3 Magic Mirror
7.3.1 Company Overview
7.4 Zalando SE (Fision AG)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.5 MemoMi Labs Inc. (Walmart Inc.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.1 Segmental and Regional Analysis
7.6 SenseMI Smart Solutions (Viubox)
7.6.1 Company Overview
7.7 Else Corp Srl
7.7.1 Company Overview
7.8 FXGear Inc.
7.8.1 Company Overview
7.9 Metail Limited (TAL Apparel)
7.9.1 Company Overview
7.10. Snap, Inc. (Fit Analytics)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expenses

Companies Mentioned

  • Zugara Inc.
  • Sizebay (Bossanova Investimentos)
  • Magic Mirror
  • Zalando SE (Fision AG)
  • MemoMi Labs Inc. (Walmart Inc.)
  • SenseMI Smart Solutions (Viubox)
  • Else Corp Srl
  • FXGear Inc.
  • Metail Limited (TAL Apparel)
  • Snap, Inc. (Fit Analytics)

Methodology

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