US winter wear market to grow by 2.55% Y-O-Y from 2022 to 2023: Rising Popularity of Digital Payment Systems will Drive Growth - Technavio

NEW YORK, Dec. 5, 2022 /PRNewswire/ --

Winter wear market insights -

• Vendors: 15+, Including Abercrombie & Fitch Co., Amazon.com Inc., American Eagle Outfitters Inc., Backcountry.com LLC, Best Buy Co. Inc., Boohoo Group Plc, CustomInk LLC, Dillards Inc., Gap Inc., Groupon Inc., H & M Hennes & Mauritz GBC AB, Industria de Diseno Textil SA, Kohls Corp., Macys Inc., Nordstrom Inc., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Product and Retail Channel

To understand more about the winter wear market, request a sample report

In 2017, the US winter wear market was valued at USD 94.82 billion. The US winter wear market size is estimated to grow by USD 14.31 billion from 2022 to 2027 at a CAGR of 2.85% according to Technavio.

US winter wear market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a report sample!

Winter wear Market - Vendor Insights

The winter wear market in the US is highly fragmented with the presence of both international and regional vendors and a growing number of private players. Different vendors are adopting different strategies to increase their market share. Key vendors are competing in terms of price, quality, brand, and variety. Leading competitors are focusing on maintaining their dominance in the market through partnerships and the acquisition of new brands. Competition in the market is likely to intensify during the forecast period, with several product launches lined up, leading to price wars. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

• Backcountry.com LLC - The company offers winter wear such as Notchtop GORE TEX Active Jacket, Urban ALLIED Down Parka, and Hybrid Grid Fleece Pullover.
• Best Buy Co. Inc. - The company offers winter wear such as Fnatic Black Line Outerwear Jacket.
• CustomInk LLC - The company offers winter wear such as Port Authority V Neck Sweater, and Port Authority Women Premium Interlock Cardigan.

Winter wear market - Market Dynamics

Major Drivers:

• Rising popularity of digital payment systems
• Rising demand for premium-quality winter wear
• Increase in online spending and sales

Key Challenges:

• Threat from counterfeit products
• High labor cost
• Volatility in prices of raw materials

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The winter wear market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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• Add credibility to strategies
• Analyze competitor's offerings
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What are the key data covered in this winter wear market report in US?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the winter wear market in US between 2023 and 2027
• Precise estimation of the winter wear market size in US and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market industry across US
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of winter wear market vendors in US

Related Reports:

• The winter sports apparel market size is expected to increase to USD 623.16 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.74%. The innovations in winter sports apparel designs and portfolio expansion is notably driving the winter sports apparel market growth, although factors such as high costs of winter sports infrastructure may impede the market growth.
• The compression wear and shapewear market is projected to grow by USD 697.13 million with a CAGR of 2.54% during the forecast period 2021 to 2026. The growing demand for plus-size clothing is notably driving the compression wear and shapewear market growth, although factors such as counterfeit apparel products may impede the market growth.

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Retail Channel
• Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 07: Parent market
• Exhibit 08: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 09: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 10: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
• Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Product Segment Analysis 2017 - 2021 
• Exhibit 15: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

• 4.2 Retail Channel Segment Analysis 2017 - 2021 
• Exhibit 16: Historic Market Size – Retail Channel Segment 2017 - 2021 ($ billion)

• 4.3 Country Segment Analysis 2017 - 2021 
• Exhibit 17: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 25: Chart on Product - Market share 2022-2027 (%)
• Exhibit 26: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 27: Chart on Comparison by Product
• Exhibit 28: Data Table on Comparison by Product

• 6.3 Apparel - Market size and forecast 2022-2027 
• Exhibit 29: Chart on Apparel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 30: Data Table on Apparel - Market size and forecast 2022-2027 ($ billion)
• Exhibit 31: Chart on Apparel - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Apparel - Year-over-year growth 2022-2027 (%)

• 6.4 Footwear - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Footwear - Market size and forecast 2022-2027 ($ billion)
• Exhibit 34: Data Table on Footwear - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Chart on Footwear - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Footwear - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 37: Market opportunity by Product ($ billion)

7 Market Segmentation by Retail Channel

• 7.1 Market segments
• Exhibit 38: Chart on Retail Channel - Market share 2022-2027 (%)
• Exhibit 39: Data Table on Retail Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Retail Channel 
• Exhibit 40: Chart on Comparison by Retail Channel
• Exhibit 41: Data Table on Comparison by Retail Channel

• 7.3 Specialty stores - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Specialty stores - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Specialty stores - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Specialty stores - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Specialty stores - Year-over-year growth 2022-2027 (%)

• 7.4 Mass merchandisers - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Mass merchandisers - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on Mass merchandisers - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on Mass merchandisers - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Mass merchandisers - Year-over-year growth 2022-2027 (%)

• 7.5 Online retailing - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Online retailing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 51: Data Table on Online retailing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Chart on Online retailing - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Online retailing - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Retail Channel 
• Exhibit 54: Market opportunity by Retail Channel ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 56: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape
• Exhibit 57: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption
• Exhibit 58: Overview on factors of disruption

• 10.4 Industry risks
• Exhibit 59: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered
• Exhibit 60: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 61: Matrix on vendor position and classification

• 11.3 Amazon.com Inc.
• Exhibit 62: Amazon.com Inc. - Overview
• Exhibit 63: Amazon.com Inc. - Business segments
• Exhibit 64: Amazon.com Inc. - Key news
• Exhibit 65: Amazon.com Inc. - Key offerings
• Exhibit 66: Amazon.com Inc. - Segment focus

• 11.4 American Eagle Outfitters Inc. 
• Exhibit 67: American Eagle Outfitters Inc. - Overview
• Exhibit 68: American Eagle Outfitters Inc. - Business segments
• Exhibit 69: American Eagle Outfitters Inc. - Key offerings
• Exhibit 70: American Eagle Outfitters Inc. - Segment focus

• 11.5 Backcountry.com LLC
• Exhibit 71: Backcountry.com LLC - Overview
• Exhibit 72: Backcountry.com LLC - Product / Service
• Exhibit 73: Backcountry.com LLC - Key offerings

• 11.6 Best Buy Co. Inc.
• Exhibit 74: Best Buy Co. Inc. - Overview
• Exhibit 75: Best Buy Co. Inc. - Business segments
• Exhibit 76: Best Buy Co. Inc. - Key offerings
• Exhibit 77: Best Buy Co. Inc. - Segment focus

• 11.7 CustomInk LLC
• Exhibit 78: CustomInk LLC - Overview
• Exhibit 79: CustomInk LLC - Product / Service
• Exhibit 80: CustomInk LLC - Key offerings

• 11.8 Gap Inc.
• Exhibit 81: Gap Inc. - Overview
• Exhibit 82: Gap Inc. - Business segments
• Exhibit 83: Gap Inc. - Key news
• Exhibit 84: Gap Inc. - Key offerings
• Exhibit 85: Gap Inc. - Segment focus

• 11.9 Groupon Inc.
• Exhibit 86: Groupon Inc. - Overview
• Exhibit 87: Groupon Inc. - Business segments
• Exhibit 88: Groupon Inc. - Key offerings
• Exhibit 89: Groupon Inc. - Segment focus

• 11.10 H and M Hennes and Mauritz GBC AB 
• Exhibit 90: H and M Hennes and Mauritz GBC AB - Overview
• Exhibit 91: H and M Hennes and Mauritz GBC AB - Business segments
• Exhibit 92: H and M Hennes and Mauritz GBC AB - Key news
• Exhibit 93: H and M Hennes and Mauritz GBC AB - Key offerings
• Exhibit 94: H and M Hennes and Mauritz GBC AB - Segment focus

• 11.11 Industria de Diseno Textil SA 
• Exhibit 95: Industria de Diseno Textil SA - Overview
• Exhibit 96: Industria de Diseno Textil SA - Business segments
• Exhibit 97: Industria de Diseno Textil SA - Key offerings
• Exhibit 98: Industria de Diseno Textil SA - Segment focus

• 11.12 Kohls Corp.
• Exhibit 99: Kohls Corp. - Overview
• Exhibit 100: Kohls Corp. - Business segments
• Exhibit 101: Kohls Corp. - Key offerings
• Exhibit 102: Kohls Corp. - Segment focus

• 11.13 Macys Inc.
• Exhibit 103: Macys Inc. - Overview
• Exhibit 104: Macys Inc. - Product / Service
• Exhibit 105: Macys Inc. - Key offerings

• 11.14 Penney OpCo LLC
• Exhibit 106: Penney OpCo LLC - Overview
• Exhibit 107: Penney OpCo LLC - Product / Service
• Exhibit 108: Penney OpCo LLC - Key offerings

• 11.15 The TJX Companies Inc. 
• Exhibit 109: The TJX Companies Inc. - Overview
• Exhibit 110: The TJX Companies Inc. - Business segments
• Exhibit 111: The TJX Companies Inc. - Key offerings
• Exhibit 112: The TJX Companies Inc. - Segment focus

• 11.16 VF Corp.
• Exhibit 113: VF Corp. - Overview
• Exhibit 114: VF Corp. - Business segments
• Exhibit 115: VF Corp. - Key news
• Exhibit 116: VF Corp. - Key offerings
• Exhibit 117: VF Corp. - Segment focus

• 11.17 Walmart Inc.
• Exhibit 118: Walmart Inc. - Overview
• Exhibit 119: Walmart Inc. - Business segments
• Exhibit 120: Walmart Inc. - Key news
• Exhibit 121: Walmart Inc. - Key offerings
• Exhibit 122: Walmart Inc. - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 125: Currency conversion rates for US$

• 12.4 Research methodology
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 12.5 List of abbreviations 
• Exhibit 129: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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