North America Apparel Retail Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Apparel Retail in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The apparel retail market includes baby clothing, toddler clothing and casual wear, essentials, formalwear, formalwear-occasion, and outerwear for men, women, boys and girls; excludes sports-specific clothing. All market data and forecasts are represented as a consumer expenditure in retailers which includes sales taxes (e.g. VAT) and figures presented are in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2021 annual average exchange rates.
- The North American apparel retail industry had total revenues of $391.7 billion in 2021, representing a compound annual growth rate (CAGR) of 1.4% between 2017 and 2021.
- Clothing, footwear, and accessories specialists account for the largest proportion of sales in the North American apparel retail industry in 2021, sales through this channel generated $139.9 billion, equivalent to 35.7% of the industry's overall value.
- Online specialists now account for 12.9% of the industry’s total value in 2021, a trend which has been accelerated by the COVID-19 pandemic.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in North America
- Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America apparel retail market with five year forecasts
- What was the size of the North America apparel retail market by value in 2021?
- What will be the size of the North America apparel retail market in 2026?
- What factors are affecting the strength of competition in the North America apparel retail market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's apparel retail market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive Landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do leading players follow?
- 7.3. Are there any threats towards leading players?
- 7.4. How are leading players responding to growing demand for more sustainable business practices in the apparel retail market?
- 8 Company Profiles
- 8.1. Walmart Inc
- 8.2. Target Corp
- 8.3. El Puerto de Liverpool SAB de CV
- 8.4. The TJX Companies, Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: North America apparel retail industry value: $ million, 2016–21
- Table 2: North America apparel retail industry category segmentation: % share, by value, 2016–2021
- Table 3: North America apparel retail industry category segmentation: $ million, 2016-2021
- Table 4: North America apparel retail industry geography segmentation: $ million, 2021
- Table 5: North America apparel retail industry distribution: % share, by value, 2021
- Table 6: North America apparel retail industry value forecast: $ million, 2021–26
- Table 7: Walmart Inc: key facts
- Table 8: Walmart Inc: Annual Financial Ratios
- Table 9: Walmart Inc: Key Employees
- Table 10: Walmart Inc: Key Employees Continued
- Table 11: Walmart Inc: Key Employees Continued
- Table 12: Walmart Inc: Key Employees Continued
- Table 13: Target Corp: key facts
- Table 14: Target Corp: Annual Financial Ratios
- Table 15: Target Corp: Key Employees
- Table 16: Target Corp: Key Employees Continued
- Table 17: El Puerto de Liverpool SAB de CV: key facts
- Table 18: El Puerto de Liverpool SAB de CV: Annual Financial Ratios
- Table 19: El Puerto de Liverpool SAB de CV: Key Employees
- Table 20: The TJX Companies, Inc.: key facts
- Table 21: The TJX Companies, Inc.: Annual Financial Ratios
- Table 22: The TJX Companies, Inc.: Key Employees
- Table 23: North America exchange rate, 2017–21
- List of Figures
- Figure 1: North America apparel retail industry value: $ million, 2016–21
- Figure 2: North America apparel retail industry category segmentation: $ million, 2016-2021
- Figure 3: North America apparel retail industry geography segmentation: % share, by value, 2021
- Figure 4: North America apparel retail industry distribution: % share, by value, 2021
- Figure 5: North America apparel retail industry value forecast: $ million, 2021–26
- Figure 6: Forces driving competition in the apparel retail industry in North America, 2021
- Figure 7: Drivers of buyer power in the apparel retail industry in North America, 2021
- Figure 8: Drivers of supplier power in the apparel retail industry in North America, 2021
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in North America, 2021
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in North America, 2021
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in North America, 2021
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