NEW YORK, April 21, 2016 /PRNewswire/ -- About Online Fashion Retail Market in the US
The retail industry can be divided into two broad segments: brick-and-mortar retail and online retail. Brick-and-mortar retail is also known as offline retail or physical store-based retail. Online retail is a part of B2C e-commerce and typically refers to commerce activities over the Internet.
Online retail revenue contributed 7.29% to the overall retail industry in the US in 2015. This share is likely to reach over 10% by 2020, growing primarily on the back of the rise in Internet penetration rates and smartphone use in the country.
Technavio's analysts forecast the online fashion retail market in the US to grow at a CAGR of 14.21% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the online fashion retail market in the US for 2016-2020. To calculate the market size, the report takes into account revenue generated from online retail sales of the following products:
- Apparel, footwear, and accessories
- Home furniture and furnishings
Technavio's report, Online Fashion Retail Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Key vendors
- Amazon
- Walmart
- L Brands
- Gap
- IKEA
- Macy's
Other prominent vendors
- Academy Sports + Outdoors
- ATG Stores.com
- Backcountry.com
- Best Buy
- Costco
- CustomInk
- Eastern Mountain Sports
- Factory Green
- Ideel
- J.C. Penney
- Target
Market driver
- Internet and smartphone penetration
- For a full, detailed list, view our report
Market challenge
- Absence of touch element
- For a full, detailed list, view our report
Market trend
- Social media marketing and celebrity presence
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p03767923-summary/view-report.html
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