US Winter Wear Market 2023-2027

Winter Wear Market in US 2023-2027

Technavio has been monitoring the winter wear market in US and it is poised to grow by $14.31 bn during 2023-2027, accelerating at a CAGR of 2.85% during the forecast period. Our report on the winter wear market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising popularity of digital payment systems, the rising demand for premium-quality winter wear, and the increase in online spending and sales.

Technavio's winter wear market in us is segmented as below:

By Product

• Apparel
• Footwear

By Retail Channel

• Specialty stores
• Mass merchandisers
• Online retailing

This study identifies the new product offerings as one of the prime reasons driving the winter wear market growth during the next few years. Also, an increasing focus on R&D and product innovation and a rise in the number of private-label brands will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on winter wear market in US covers the following areas:

• Winter wear market sizing
• Winter wear market forecast
• Winter wear market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading winter wear market vendors that include Abercrombie and 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 and M Hennes and Mauritz GBC AB, Industria de Diseno Textil SA, Kohls Corp., Macys Inc., Nordstrom Inc., Penney OpCo LLC, The TJX Companies Inc., VF Corp., Walmart Inc., and LVMH Moet Hennessy Louis Vuitton SE. Also, the winter wear market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.