U.S. FASHION ECOMMERCE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Fashion ecommerce has revolutionized the way people shop for clothing and accessories. With the advancement of technology and the widespread use of the internet, online shopping platforms have gained immense popularity in the fashion industry. This new trend offers convenience, variety, and accessibility to a wide range of fashion products, attracting a large number of consumers. With the increasing smartphone and internet penetration countrywide, more and more Americans have been turning to online shopping for their fashion needs. The ease and convenience of browsing a wide range of products from different brands online without having to step out has made ecommerce extremely popular. In particular, millennials and Gen Z make a large part of their purchases through online channels.

Market Dynamics:

The market’s dynamics are characterized by various factors that influence its growth. The key drivers of the U.S. fashion ecommerce market include the convenience and ease of online shopping, the availability of a wide range of products, competitive pricing, and the rise of social media influencers promoting fashion trends. These factors have significantly contributed to the increasing adoption of online platforms for fashion shopping.

On the other hand, the market also faces certain restraints, such as concerns regarding the authenticity of products, the lack of physical touch and try-on experience, and the challenges associated with returns and exchanges. These factors may hinder the growth of the U.S. fashion ecommerce market to some extent.

Despite the challenges, there are several opportunities for growth in the U.S. fashion ecommerce market. The increasing adoption of mobile shopping apps, the integration of augmented reality for virtual try-on experiences, and the focus on sustainability and ethical fashion are some of the key opportunities that can further propel the market's growth.

Key features of the study:

• This report provides in-depth analysis of the U.S. fashion ecommerce market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the U.S. fashion ecommerce market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Amazon, Walmart, Ebay, Macys, Gap, Nike, Target, Nordstrom, JCPenney, Kohls, Wayfair, Best Buy, Home Depot, Sephora, Ulta Beauty, Forever 21, H&M, Zara, Urban Outfitters, and ASOS
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The U.S. fashion ecommerce market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. fashion ecommerce market

Detailed Segmentation:

• By Product Type
  • Apparel
  • Footwear
  • Accessories
  • Beauty Products
  • Jewelry
  • Bags
  • Others
• By End User
  • Men
  • Women
  • Kids
  • Unisex
• By Price Range
  • Premium
  • Mid
  • Low
  • Luxury
• By Category
  • Casual wear
  • Formal wear
  • Sportswear
  • Innerwear
  • Ethnic wear
  • Winter wear
  • Others
• By Distribution Channel
  • Company owned websites
  • Marketplaces
  • Mobile apps
  • Social commerce
  • Brick and mortar stores
  • TV home shopping
  • Others
• Top companies in U.S. Fashion Ecommerce Market:
  • Amazon
  • Walmart
  • Ebay
  • Macys
  • Gap
  • Nike
  • Target
  • Nordstrom
  • JCPenney
  • Kohls
  • Wayfair
  • Best Buy
  • Home Depot
  • Sephora
  • Ulta Beauty
  • Forever 21
  • H&M
  • Zara
  • Urban Outfitters
  • ASOS