
The internet retail industry flourished amid the COVID-19 pandemic on strong product demand and the sheer convenience of online shopping. And with extended remote life and work arrangements, demand for internet retail shopping is expected to grow over the long term.
Despite increasing global inflation rates, this industry is expected to maintain its accelerated growth trajectory due to stable demand. According to Technavio, the online apparel retailing market value is expected to grow at a 10.6% CAGR from 2020 to 2025.