Apparel Market in United States of America (USA) to 2024 with COVID-19 Impact Analysis

Apparel Market in United States of America (USA) to 2024 with COVID-19 Impact Analysis

Published: November 2020
Publisher: GlobalData
Product ref: 318667
Pages: 86
Format: PDF
Delivery: By product vendor

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Summary

Non-essential sectors will be hit the hardest in 2020 as consumer confidence falls, with apparel sales forecast to decline by 25.7% in 2020, as consumers have no events or holidays to purchase new clothes for, and growth in the demand for loungewear and athleisure cannot match this.

This report includes Analysis, market forecasts, brands, consumer attitudes and trends in the US Apparel Market 2019-2024 with COVID-19 impact

Scope

• COVID-19 pandemic has accelerated existing problems in market
• Pandemic driving more customers towards online shopping fueling strong growth
• Adoption of automation and smart technologies will help fulfil the rapidly growing consumer demand
• Value & mass market apparel products to witness rise in sales
• Shift towards “Casualization” prompts retailers to put more focus on comfort and casualwear

Reasons to Buy

• Gain a comprehensive view of the US Apparel market and forecasts to 2024
• Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of Covid-19 on the US apparel market
• Investigate current and forecast trends in apparel to identify the opportunities offering the most potential
• Understand who the main competitors are in the US apparel market and their price positioning

Price: $4950.00

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Related research categories

By sector: Apparel and clothing

By market: United States (in North America)


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