USA: Clothing & Footwear - Market Shares, Summary & Forecasts to 2023

USA: Clothing & Footwear - Market Shares, Summary & Forecasts to 2023

Published: July 2019
Publisher: GlobalData
Product ref: 312050
Pages: 54
Format: PDF
Delivery: Immediate download

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Summary

Clothing & footwear sales in the country are forecast to grow by US$66bn during 2018-2023 to reach US$535.9bn by 2023, growing at a CAGR of 2.7%.

This report provides data for historic and forecast clothing and footwear retail sales, and also includes information on the business environment and country risk related to the US retail environment. In addition, it analyses the key consumer trends influencing the US clothing and footwear industry.

What else does this report offer?

  • In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
  • The report also details major retailers in clothing and footwear category group with their product proposition analysis and market positioning in 2018 along with recent key developments
  • Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
  • Retail sales and the fastest-growing product categories in clothing and footwear sector
  • Qualitative and quantitative insights of changing retail dynamics in clothing and footwear sector

Scope

  • Online channel to register the highest growth during 2018-2023
  • Consumers shift to lower-priced retailers is slowing growth
  • Clothing sector underperforms footwear
  • Department stores and specialists are losing share to the online channel
  • Value and mass market retailers dominate the market

Reasons to buy

  • Gain a comprehensive knowledge on clothing and footwear sector in the USA retail market and develop a competitive advantage from the start of your supply chain
  • Investigate current and forecast behavior trends in clothing and footwear category to identify the best opportunities to exploit
  • Understand the fastest growing categories including menswear, womenswear, childrenswear, men’s footwear, women’s footwear and children’s footwear in the market
  • Analysis of key international and domestic players operating in the clothing and footwear market
  • Analyse the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviour
  • Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the clothing and footwear market

Companies mentioned

Walmart
Macy’s
Target
Kohl's
Nordstrom
Ross Dress for Less
JC Penney
Marshalls
TJ Maxx
Old Navy

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Related research categories

By sector: Apparel and clothing, Footwear

By market: United States (in North America)


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