Online Apparel, Footwear, and Accessories Market in US by Product and End-user - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR41416
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The online apparel, footwear, and accessories market in the US has the potential to grow by USD 91.54 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 11.91%.

This online apparel, footwear, and accessories market research report of US provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (apparel, footwear, and accessories) and end-user (women and girls and men and boys). The online apparel, footwear, and accessories market report of US also offers information on several market vendors, including Amazon.com Inc., Costco Wholesale Corp., J. C. Penney Co. Inc., Kohls Corp., Macys Inc., Nordstrom Inc., Target Corp., The Gap Inc., Transform SR Brands LLC, and Walmart Inc. among others.

What will the Online Apparel, Footwear, and Accessories Market Size in US be in 2021?

Browse TOC and LoE with selected illustrations and example pages of Online Apparel, Footwear, and Accessories Market in US

 Get Your FREE Sample Now!

Online Apparel, Footwear, and Accessories Market in US: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The free shipping and hassle-free return policies are notably driving the online apparel, footwear, and accessories market growth in US, although factors such as data security and privacy concerns associated with online shopping may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the online apparel, footwear, and accessories industry in US get your FREE report sample now.

  • Free shipping and hassle-free return policies are significantly contributing to the growth of online sales in the US. 
  • Online retailers are offering free shipping and hassle-free return policies to attract customers.
  • Favorable policies regarding convenient returns and exchange are very crucial to attract and retain customers to the online portals as about 67% of consumers look at return policies before making a purchase.
  • Factors such as the availability of easy and secure online payment options, facilities to track shipments, 24/7 customer support, and low costs have led to higher demand for online shopping in the US.
  • The rising popularity of digital payment devices, one of the key online apparel, footwear, and accessories market trends, will influence the growth of the market.
  • Digital payment services allow consumers to make payments at the point of sale through a mobile device.
  • Such transactions can be completed in a few steps by using a mobile device.
  • Established players like Amazon, Google, MasterCard, PayPal, and Square are making huge investments in digital payment technologies.
  • Vendors are using digital payment applications to improve the consumer experience, which will help the growth of the online apparel, footwear, and accessories market in the US.

This online apparel, footwear, and accessories market analysis report of US also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Online Apparel, Footwear, and Accessories Market Vendors in US?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Amazon.com Inc.
  • Costco Wholesale Corp.
  • J. C. Penney Co. Inc.
  • Kohls Corp.
  • Macys Inc.
  • Nordstrom Inc.
  • Target Corp.
  • The Gap Inc.
  • Transform SR Brands LLC
  • Walmart Inc.

 

The online apparel, footwear, and accessories market in US is fragmented and the vendors are deploying growth strategies such as focusing on geographic expansion, increasing product categories, upgrading the existing products, and upselling them to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the online apparel, footwear, and accessories market forecast report in US for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

What are the Revenue-generating Product Segments in the Online Apparel, Footwear, and Accessories Market in US?

Online-Apparel -Footwear -And-Accessories-Market-In-US-Market-Share-by-Product-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE sample

The online apparel, footwear, and accessories market share growth in US by the apparel segment will be significant during the forecast period. The apparel market in the US is witnessing high adoption of premium products, owing to frequent marketing initiatives, such as social media campaigns and celebrity endorsements, by the vendors operating in the country.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the online apparel, footwear, and accessories market size in US.

 

Event-Tickets-Market-Report

Request for a FREE sample

What are the Key Factors Covered in this Online Apparel, Footwear, and Accessories Market Report of US?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive online apparel, footwear, and accessories market growth in US during the next five years
  • Precise estimation of the online apparel, footwear, and accessories market size in US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of online apparel, footwear, and accessories market vendors in US

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Read More Read Less

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
The online apparel, footwear, and accessories market growth will increase by $86.39 billion during 2019-2024.
The online apparel, footwear, and accessories market is expected to grow at a CAGR of 11.75% during 2019-2024.
Technavio has segmented the online apparel, footwear, and accessories market by product (Apparel, Footwear, and Accessories) ,application (Semiconductors, Life sciences, Material sciences, and Nanotechnology) , and geographic (APAC and Europe).
Amazon.com Inc., Costco Wholesale Corp., Gap Inc., J. C. Penney Co. Inc., Kohls Corp., Macys Inc., Nordstrom Inc., Target Corp., Transform SR Brands LLC, Walmart Inc. are a few of the key vendors in the online apparel, footwear, and accessories market.
APAC will register the highest growth rate of 53.19% among the other regions. Therefore, the online apparel, footwear, and accessories market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the online apparel, footwear, and accessories market growth are:
  • Increasing penetration of Internet and smartphones
  • Growing consumer shift toward direct-to-consumer testing
The online apparel, footwear, and accessories market vendors should focus on grabbing business opportunities from the apparel segment as it accounted for the largest market share in the base year.
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase

Technavio's SUBSCRIPTION platform

Register for a free trial today and gain instant access to 17,000+ market research reports.

START YOUR FREE TRIAL

Enquire Before Buying
  1. Home
  2. Consumer Discretionary
  3. Published Report
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>