North and South America Clothing, Footwear and Accessories Retailing Market Size, Category Analytics, Competitive Landscape and Forecast, 2020-2025
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America’s clothing, footwear & accessories market value was $460.4 billion in 2020 and is forecasted to grow with a CAGR of more than 8% by 2025. The US has been found to dominate the clothing, footwear market and accessories market, whereas Canada has been forecasted to record significant growth in America’s clothing, footwear & accessories market. Other major countries in the clothing, footwear & accessories market include Brazil, Mexico, Argentina, Columbia, Peru, and Chile.
The women’s category held the highest share in both clothing, and footwear markets, followed by the men’s category, and children’s category. Amongst the price positioning segments in 2020, mass market constituted the largest share followed by value, premium, and then luxury.
Hypermarkets, supermarkets, and hard discounters led the channel distribution segment, followed by online and Home Improvement and Gardening Supplies Retailers. hypermarkets, supermarkets, and hard discounters is expected to have the highest share even in the forecast period (2021-25). In 2020, Walmart had the highest share in America’s clothing, footwear & accessories market, followed by Target, Macy’s, Amazon, Kohl, and others.
Overview of clothing, footwear & accessories market in America
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What are the major segments in America’s clothing, footwear & accessories market?
America’s clothing, footwear & accessories market is broadly categorized into women’s category, men’s category, and children’s category. The women’s category led both the clothing and footwear market, followed by the men’s category and children’s category. The women’s category will have the highest growth rate during the forecasted period, especially in the footwear market where it is more than 10%.
Clothing, footwear & accessories market in America, by category
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What are the different distribution channels in America’s Clothing, Footwear & Accessories market?
Hypermarkets, supermarkets and hard discounters led the distribution channel in America’s clothing, footwear & accessories market in 2020 followed by online, home improvement and gardening supplies retailers, drug stores and health & beauty stores, convenience stores
Who are the major vendors in America’s Clothing, Footwear & Accessories market?
The top 10 retailers of America’s clothing, footwear & accessories market include Walmart, Target, Macy’s, Amazon, Kohl’s, Nordstrom, Marshalls, Ross Dress for less, TJ Maxx and Nike. Walmart was the market leader in 2020.
Clothing, footwear & accessories market in America, by key players
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Market report scope
Market size (2020) |
$460.4 billion |
Growth rate | CAGR of >8% |
Base year for estimation | 2020 |
Segmentation by Category | Women’s category, Men’s category, and Children’s category |
Segmentation by Distribution Channel | Clothing, footwear, and accessories specialists, Online, Department stores, Hypermarkets, supermarkets and hard discounters, Value, discount and variety stores and general merchandise retail, and others |
Countries covered | The US, Canada, Brazil, Mexico, Argentina, Columbia, Peru, and Chile |
Key players | Walmart, Target, Macy’s, Amazon, Kohl’s, Nordstrom, Marshalls, Ross Dress for less, TJ Maxx, and Nike. |
Scope
- The research report provides both the historic and forecast market data of total retail sales and the clothing, footwear, and accessories market in the Americas. It illustrates the data with charts, graphs, and tables summarizing the value, with category details in the clothing, footwear, and accessories sector.
- The forecasts include the impact of COVID-19 on growth. The research report also reveals major retailers’ share in the clothing, footwear, and accessories sector in 2020.
- The report uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2020 in each of the sectors. All data includes the impact COVID-19 has had on sales in 2020 (forecasted at the date of publication).
Reasons to Buy
- Gain a comprehensive view of the clothing, footwear, and accessories market and forecasts for 2025.
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market.
- Investigate current and forecast trends in the clothing, footwear, and accessories sector to identify the opportunities offering the most potential.
- Understand who the main competitors are in the sector and the price positioning.
Target
Macy’s
Amazon
Kohl's
Nordstorm
Marshalls
Ross Dress for Less
TJ Maxx
Nike
Table of Contents
Frequently asked questions
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What is America’s Clothing, Footwear & Accessories market value in 2020?
America’s clothing, footwear & accessories market value in 2020 was $460.4 billion.
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What is the growth rate of America’s Clothing, Footwear & Accessories market?
America’s clothing, footwear & accessories market is forecasted to grow at a CAGR of more than 8% during 2021-2025.
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What are the categories of America’s Clothing, Footwear & Accessories market?
America’s clothing, footwear & accessories market categories include the women’s category, men’s category, and children’s category.
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What are the major distribution channels in America’s Clothing, Footwear & Accessories market?
The major distribution channels include clothing, footwear, and accessories specialists, online, department stores, hypermarkets, supermarkets and hard discounters, and value, discount and variety stores and general merchandise retail.
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Who are the major vendors in America’s Clothing, Footwear & Accessories market?
The major vendors of America’s clothing, footwear & accessories market include- Walmart, Target, Macy’s, Amazon, Kohl’s, Nordstrom, Marshalls, Ross Dress for less, TJ Maxx, and Nike.
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