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Global Buy Online Pick Up in Store (BOPIS) Market, Forecast 2022-2027, Industry Trends, Growth, Insight, Impact of COVID-19, Company Analysis

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    Report

  • 120 Pages
  • February 2022
  • Region: Global
  • Renub Research
  • ID: 5546193
Global Buy Online Pick Up in Store (BOPIS) Market is expected to reach US$ 703.18 Billion by 2027. Worldwide, BOPIS has become a popular retail strategy that allows customers to have the best of both worlds: online shopping and in-person pickup. Thus, BOPIS is an excellent strategy for e-commerce that helps create a great blend of online shopping and physical stores, making the shopping process more convenient for its customers. Remarkably, BOPIS enables shopping from the comfort of homes, purchasing the item online, and going to the store when it is time to see the item is ready for pickup.

Global BOPIS Market Size is expected to expand with a double digit CAGR of 19.3% during 2021-2027


The market drivers boosting the BOPIS industry are convenient factors that give provisions to customers. Besides, no added shipping charges, no waiting for a long time for items to be delivered, quick services, in-stock insurance, and ease to tackle delivery errors that often arise with order fulfilment are paving the way for the market. An efficient BOPIS system will increase sales and customer loyalty and help retailers stay competitive with other brick-and-mortar stores and online merchants.BOPIS Industry Picked Up Steam During The COVID-19 Pandemic


At the height of the pandemic in 2020, demand for Buy Online, Pick-up In-store (BOPIS) options increased significantly. Moreover, a year later, in 2021, customer adoption and repeated use of BOPIS have gone strong. Overall, as per our analysis, it’s clear that BOPIS isn’t just a passing trend. Globally, shoppers love it; most use it and intend to continue. As per this research report, Global BOPIS Industry was US$ 243.89 Billion in 2021. Moreover, COVID-19 has been the impetus for the massive growth BOPIS has seen the pan trend is also expected in the coming years.

Global BOPIS Market Country Analysis


In our report, we have covered the market of the United States, India, Japan, China, Germany, United Kingdom, France, Italy, Canada, and South Korea. Global awareness among customers, high rate of using smartphones, presence of e-commerce, and retailers such as Walmart in the United States and Canada are boosting the market for BOPIS.

Moreover, countries like Germany, the United Kingdom, France, and Italy are gaining market of BOPIS due to the dense population compared to the United States, having a strong tradition of good retail logistics, and high awareness of the BOPIS method of shopping.

Further, countries in the Asia Pacific like India, Japan, China, and South Korea are expected to witness a high growth rate in the BOPIS market due to the rapid increase of the e-commerce industry, growing adoption of the internet and smartphones, and rapid economic development.

Rising Trends of Buy Online Pick Up in Store (BOPIS) amongst Product Segments


By Product Categories, we have analyzed the market for Fashion, Toys, Hobby & DIY, Electronics & Media, Food & Personal Care, and Furniture & Appliances functioning with BOPIS technology. Notwithstanding, brick-and-mortar businesses with e-commerce functionality have made most of the online and in-store experience. Hence, retailers dealing in Fashion, Toys, Hobby & DIY, Electronics & Media, Food & Personal Care, and Furniture & Appliances are offering BOPIS as part of their checkout process.

Key Players Performance in the BOPIS Industry


In our report, the BOPIS Industry is fragmented, with the top key players Walmart, Zara, Home Depot, Macy’s, Kohl’s, and Target capturing the overall market. Recently, the key players are offering BOPIS and realized the benefits of this fulfilment option. Moreover, these key players have implemented the technology immensely.

For instance, Walmart offers curb side and in-store pickup for customers on the go. Remarkably, customers can shop Walmart’s huge selection of groceries online and have them ready when convenient for the shopper to pickup. Moreover, Walmart’s grocery pickup combines the convenience of online shopping with the ease of never leaving the car, all at no additional cost.

This latest research report “Buy Online Pick Up in Store (BOPIS) Market, Global Forecast By Country (United States, India, Japan, China, Germany, United Kingdom, France, Italy, Canada, and South Korea), Product Categories (Fashion, Toys, Hobby & DIY, Electronics & Media, Food & Personal Care, and Furniture & Appliances), Companies (Walmart, Zara, Home Depot, Macy’s, Kohl’s, and Target)” provides a detailed analysis of BOPIS Industry.

Country - BOPIS Market of 11 Countries have been covered in the Report:


  • United States
  • India
  • Japan
  • China
  • Germany
  • United Kingdom
  • France
  • Italy
  • Canada
  • South Korea
  • Others

Product Categories - Market have been covered from 5 viewpoints:


  • Fashion
  • Toys, Hobby & DIY
  • Electronic & Media
  • Food & Personal Care
  • Furniture & Appliances

Company Insights:


  • Overview
  • Recent Development
  • Financial Insight

Company Analysis:


  • Walmart
  • Zara
  • Home Depot
  • Macy’s
  • Kohl’s
  • Target
Frequently Asked Questions about the Global Buy Online Pick Up in Store (BOPIS) Market

What is the estimated value of the Global Buy Online Pick Up in Store (BOPIS) Market?

The Global Buy Online Pick Up in Store (BOPIS) Market was estimated to be valued at $243.89 Billion in 2021.

What is the growth rate of the Global Buy Online Pick Up in Store (BOPIS) Market?

The growth rate of the Global Buy Online Pick Up in Store (BOPIS) Market is 19.3%, with an estimated value of $703.18 Billion by 2027.

What is the forecasted size of the Global Buy Online Pick Up in Store (BOPIS) Market?

The Global Buy Online Pick Up in Store (BOPIS) Market is estimated to be worth $703.18 Billion by 2027.

Who are the key companies in the Global Buy Online Pick Up in Store (BOPIS) Market?

Key companies in the Global Buy Online Pick Up in Store (BOPIS) Market include Walmart, Zara, Home Depot, Macy’s and Target.

Table of Contents

1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global BOPIS Market
6. Market Share - Global BOPIS Market
6.1 By Countries
6.2 By Product Categories
7. Country - Global BOPIS Market
7.1 United States
7.2 India
7.3 Japan
7.4 China
7.5 Germany
7.6 United Kingdom
7.7 France
7.8 Italy
7.10 Canada
7.10 South Korea
7.11 Others
8. Product Categories - Global BOPIS Market
8.1 Fashion
8.2 Toys, Hobby & DIY
8.3 Electronic & Media
8.4 Food & Personal Care
8.5 Furniture & Appliances
9. Porters Five Forces
9.1 Overview
9.2 Bargaining Power of Buyers
9.3 Bargaining Power of Suppliers
9.4 Degree of Competition
9.5 Threat of New Entrants
9.6 Threat of Substitutes
10. Company Analysis
10.1 Walmart
10.1.1 Overview
10.1.2 Recent Development
10.1.3 Financial Insight
10.2 Zara
10.2.1 Overview
10.2.2 Recent Development
10.2.3 Financial Insight
10.3 Home Depot
10.3.1 Overview
10.3.2 Recent Development
10.3.3 Financial Insight
10.4 Macy’s
10.4.1 Overview
10.4.2 Recent Development
10.4.3 Financial Insigh
10.5 Kohl’s
10.5.1 Overview
10.5.2 Recent Development
10.5.3 Financial Insight
10.6 Target
10.6.1 Overview
10.6.2 Recent Development
10.6.3 Financial Insight
List of Figures
Figure 01: Global - BOPIS Market (Billion US$), 2018 - 2021
Figure 02: Global - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 03: United States - BOPIS Market (Billion US$), 2018 - 2021
Figure 04: United States - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 05: India - BOPIS Market (Billion US$), 2018 - 2021
Figure 06: India - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 07: Japan - BOPIS Market (Billion US$), 2018 - 2021
Figure 08: Japan - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 09: China - BOPIS Market (Billion US$), 2018 - 2021
Figure 10: China - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 11: Germany - BOPIS Market (Billion US$), 2018 - 2021
Figure 12: Germany - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 13: United Kingdom - BOPIS Market (Billion US$), 2018 - 2021
Figure 14: United Kingdom - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 15: France - BOPIS Market (Billion US$), 2018 - 2021
Figure 16: France - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 17: Italy - BOPIS Market (Million US$), 2018 - 2021
Figure 18: Italy - Forecast for BOPIS Market (Million US$), 2022 - 2027
Figure 19: Canada - BOPIS Market (Million US$), 2018 - 2021
Figure 20: Canada - Forecast for BOPIS Market (Million US$), 2022 - 2027
Figure 21: South Korea - BOPIS Market (Billion US$), 2018 - 2021
Figure 22: South Korea - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 23: Others - BOPIS Market (Billion US$), 2018 - 2021
Figure 24: Others - Forecast for BOPIS Market (Billion US$), 2022 - 2027
Figure 25: Product Categories - Fashion Market (Billion US$), 2018 - 2021
Figure 26: Product Categories - Forecast for Fashion Market (Billion US$), 2022 - 2027
Figure 27: Product Categories - Toys, Hobby & DIY Market (Billion US$), 2018 - 2021
Figure 28: Product Categories - Forecast for Toys, Hobby & DIY Market (Billion US$), 2022 - 2027
Figure 29: Product Categories - Electronic & Media Market (Billion US$), 2018 - 2021
Figure 30: Product Categories - Forecast for Electronic & Media Market (Billion US$), 2022 - 2027
Figure 31: Product Categories - Food & Personal Care Market (Billion US$), 2018 - 2021
Figure 32: Product Categories - Forecast for Food & Personal Care Market (Billion US$), 2022 - 2027
Figure 33: Product Categories - Furniture & Appliances Market (Billion US$), 2018 - 2021
Figure 34: Product Categories - Forecast for Furniture & Appliances Market (Billion US$), 2022 - 2027
Figure 35: Walmart - Global Revenue (Billion US$), 2018 - 2021
Figure 36: Walmart - Forecast for Global Revenue (Billion US$), 2022 - 2027
Figure 37: Zara - Global Revenue (Billion US$), 2018 - 2021
Figure 38: Zara - Forecast for Global Revenue (Billion US$), 2022 - 2027
Figure 39: Home Depot - Global Revenue (Billion US$), 2018 - 2021
Figure 40: Home Depot - Forecast for Global Revenue (Billion US$), 2022 - 2027
Figure 41: Macy’s - Global Revenue (Billion US$), 2018 - 2021
Figure 42: Macy’s - Forecast for Global Revenue (Billion US$), 2022 - 2027
Figure 43: Kohl’s - Global Revenue (Billion US$), 2018 - 2021
Figure 44: Kohl’s - Forecast for Global Revenue (Billion US$), 2022 - 2027
Figure 45: Target - Global Revenue (Billion US$), 2018 - 2021
Figure 46: Target - Forecast for Global Revenue (Billion US$), 2022 - 2027
List of Tables
Table 01: Global - BOPIS Market Share by Countries (Percent), 2018 - 2021
Table 02: Global - Forecast for BOPIS Market Share by Countries (Percent), 2022 - 2027
Table 03: Global - BOPIS Market Share by Product Categories (Percent), 2018 - 2021
Table 04: Global - Forecast for BOPIS Market Share by Product Categories (Percent), 2022 - 2027

Companies Mentioned

  • Walmart
  • Zara
  • Home Depot
  • Macy’s
  • Kohl’s
  • Target

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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