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North America Apparel Retail Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 49 Pages
  • September 2023
  • Region: North America
  • MarketLine
  • ID: 5717468
Apparel Retail in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Childrenswear includes all clothing designed for children between the ages of 0-15, such as baby clothing, boys’ casualwear, boys’ school wear, boys’ underwear (vests, underpants, socks) and nightwear, boys’ formalwear-occasion, boys’ outerwear including regional or national attire, girls’ casualwear, girls’ school wear, girls’ underwear (knickers, bras, vests, socks, and tights) and nightwear, girls’ formalwear-occasion, girls’ outerwear including regional and national attire, such as saris, and toddler clothing. It also includes all sportswear and fancy dress.
  • The North American apparel retail industry had total revenues of $460.4 billion in 2022, representing a compound annual growth rate (CAGR) of 4.2% between 2017 and 2022.
  • The womenswear segment accounted for the industry's largest proportion in 2022, with total revenues of $233.7 billion, equivalent to 50.8% of the industry's overall value.
  • Factors such as reducing unemployment and rising disposable income are strengthening consumers’ purchasing power, leading to an increase in spending on non-essential items such as new fashion. According to in-house research, the unemployment rate in the US declined from 5.4% in 2021 to 3.7% in 2022.

Scope

  • 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

Reasons to Buy

  • What was the size of the North America apparel retail market by value in 2022?
  • What will be the size of the North America apparel retail market in 2027?
  • 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?

Table of Contents

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. What are the strengths of leading players?
7.4. What are the most recent market developments?
8 Company Profiles
8.1. Walmart Inc
8.2. Target Corp
8.3. The TJX Companies, Inc.
8.4. El Puerto de Liverpool SAB de CV
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: North America apparel retail industry value: $ billion, 2017-22
Table 2: North America apparel retail industry category segmentation: % share, by value, 2017-2022
Table 3: North America apparel retail industry category segmentation: $ billion, 2017-2022
Table 4: North America apparel retail industry geography segmentation: $ billion, 2022
Table 5: North America apparel retail industry distribution: % share, by value, 2022
Table 6: North America apparel retail industry value forecast: $ billion, 2022-27
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: The TJX Companies, Inc.: key facts
Table 18: The TJX Companies, Inc.: Annual Financial Ratios
Table 19: The TJX Companies, Inc.: Key Employees
Table 20: El Puerto de Liverpool SAB de CV: key facts
Table 21: El Puerto de Liverpool SAB de CV: Annual Financial Ratios
Table 22: El Puerto de Liverpool SAB de CV: Key Employees
Table 23: North America exchange rate, 2018-22
List of Figures
Figure 1: North America apparel retail industry value: $ billion, 2017-22
Figure 2: North America apparel retail industry category segmentation: $ billion, 2017-2022
Figure 3: North America apparel retail industry geography segmentation: % share, by value, 2022
Figure 4: North America apparel retail industry distribution: % share, by value, 2022
Figure 5: North America apparel retail industry value forecast: $ billion, 2022-27
Figure 6: Forces driving competition in the apparel retail industry in North America, 2022
Figure 7: Drivers of buyer power in the apparel retail industry in North America, 2022
Figure 8: Drivers of supplier power in the apparel retail industry in North America, 2022
Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in North America, 2022
Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in North America, 2022
Figure 11: Drivers of degree of rivalry in the apparel retail industry in North America, 2022

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Walmart Inc
  • Target Corp
  • The TJX Companies, Inc.
  • El Puerto de Liverpool SAB de CV