U.S. Online Clothing, Footwear & Accessories Market Recorded Growth Rate of 11.37% in 2021 | Apparel segment will be important for revenue generation | Over 17,000 Technavio reports |

NEW YORK, February 16, 2022 /PRNewswire/ — The U.S. Online Clothing, Footwear and Accessories Market is Expected to Grow by $91.54 billion from 2020 to 2025, progressing to a CAGR of 11.91% according to the latest Technavio report. The online clothing, footwear and accessories market in the United States is fragmented and vendors are deploying growth strategies such as focusing on geographic expansion, increasing product categories, upgrading existing products and upselling them to compete in the market. The U.S. Online Clothing, Footwear and Accessories Market report offers insights into several market vendors including Amazon.co.uk Inc., Costco Wholesale Corp., JC Penney Co. Inc., Kohls Corp., Macys Inc., Nordstrom Inc., Target Corp., The Gap Inc., Transform SR Brands LLC and Walmart Inc.. among others.

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U.S. Online Apparel, Footwear, and Accessories Market: Segmentation Analysis

the USA Clothing, Shoes & Accessories Online Marketplace report broadly covers segmentation by product (clothing, shoes and accessories) and final user (women and girls and men and boys).

The growth of the online clothing, footwear and accessories market share in the United States by the clothing sector will be significant during the forecast period. The apparel market in the United States is seeing strong adoption of high-end products, due to frequent marketing initiatives, such as social media campaigns and celebrity endorsements, by sellers operating in the country.

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U.S. Clothing, Footwear & Accessories Online Market: Drivers

  • Free shipping and hassle-free return policies contribute significantly to the growth of online sales in the United States.
  • Online retailers offer hassle-free delivery and return policies to attract customers.
  • Favorable return and convenient exchange policies are key to attracting and retaining customers on online portals, as approximately 67% of consumers consult return policies before making a purchase.
  • Factors such as the availability of easy and secure online payment options, the ability to track shipments, 24/7 customer support and low costs have led to increased demand for online shopping for consumers. United States.

U.S. Online Clothing, Footwear and Accessories Market: Trends

  • The rising popularity of digital payment devices, one of the major trends in the online apparel, footwear and accessories market, will influence the growth of the market.
  • Digital payment services allow consumers to make point-of-sale payments through a mobile device, these transactions can be completed in a few steps using a mobile device.
  • Established players like Amazon, Google, MasterCard, PayPal and Square are investing heavily in digital payment technologies
  • Vendors are using digital payment applications to enhance the consumer experience which will help the growth of the online apparel, footwear and accessories market in the United States.

U.S. Online Clothing, Footwear and Accessories Market: Challenges

  • Data security and privacy issues associated with online shopping may hamper market growth

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What our reports offer:

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United States online clothing, footwear and accessories market

Report cover

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 11.91%

Market Growth 2021-2025

$91.54 billion

Market structure

Fragmented

Annual growth (%)

11:37

Regional analysis

APAC and Europe

Successful market contribution

100% United States

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Amazon.co.uk Inc., Costco Wholesale Corp., JC Penney Co. Inc., Kohls Corp., Macys Inc., Nordstrom Inc., Target Corp., The Gap Inc., Transform SR Brands LLC and Walmart Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Clothing – Market size and forecast 2020-2025
  • Footwear – Market size and forecast 2020-2025
  • Accessories – Market size and forecast 2020-2025
  • Market opportunity by product

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Women and girls – Market size and forecast 2020-2025
  • Men and Boys – Market size and forecast 2020-2025
  • Market opportunity by end user

Customer landscape

  • Customer landscape
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • Amazon.co.uk Inc.
  • Costco Wholesale Corp.
  • JC Penney Co. Inc.
  • Kohls Corp.
  • Macy Inc.
  • Nordstrom Inc.
  • Target Corp.
  • The Gap inc.
  • Transform SR Brands LLC
  • Walmart Inc.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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