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Online Fashion Retail Market in the US to Grow at a CAGR of 14.21% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Online Fashion Retail Market in US 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 04/21/2016 -- Report forecast the online fashion retail market in the US to grow at a CAGR of 14.21% during the period 2016-2020.

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.

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

According to the report, the rise in smartphone use has contributed to online retail growth in the fashion segment. This smartphone penetration presents significant growth opportunities for e-retailers in the US. With the increase in popularity of shopping through mobile devices, retail sales through these devices are likely to grow.

Further, the report states that the majority of the population is still reluctant to purchase merchandise online without physically examining it. This lack of the touch element has been one of the factors working against online retail, and continues to inhibit the growth of the market.

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 players in the Online Fashion Retail Market in the US: Amazon, Walmart, L Brands, Gap, IKEA, and Macy's.

Other Prominent Vendors in the market are: Academy Sports + Outdoors, ATG,, Best Buy, Costco, CustomInk, Eastern Mountain Sports, Factory Green, Ideel, J.C. Penney, and 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?

Spanning over 63 pages and 33 Exhibit "Online Fashion Retail Market in US 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, US profile, Market segmentation by product, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

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