USA: Retail - Market Shares, Summary & Forecasts to 2023

USA: Retail - Market Shares, Summary & Forecasts to 2023

Summary

Retail sales in the US reached US$3,818.8 billion in 2018 and are forecast to grow at a CAGR of 3.2% during 2018-2023 to reach US$4,475.5 by 2023.

“USA: Retail - Market Shares, Summary & Forecasts to 2023” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to USA retail environment. In addition, it analyzes the key consumer trends influencing USA retail industry:

What else does this report offer?

- In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics (covering 26 product categories),
- The report also details major retailers in each category group with their product proposition analysis and market positioning in 2018 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories, which include Clothing, Footwear, Books, News and Stationery, Electrical and Electronics, Food and Grocery, Health and Beauty, Furniture and Floor Coverings, Home and Garden Products, Music, Video and Entertainment Software, Sports and Leisure Equipment, Jewelry, Watches and Accessories, and Luggage and Leather Goods
- Qualitative and quantitative insights of changing retail dynamics across various channels

Scope

- Retail exhibits healthy growth and online takes greater share
- Positive economic outlook to boost retail sales in the country, though slowing growth
- Population growth, inflation, and rising demand drive growth
- Home-related categories are set to outperform growth, boosted by housing market
- Buoyant housing market to drive sales of home related categories
- Online channel is booming
- Demand and major investments in online platforms boost growth
- Music & software specialists sales decline due to online availability

Reasons to buy

- Gain comprehensive knowledge on 26 product categories in USA retail market and develop a competitive advantage around consumer behaviour trends from the start of your supply chain
- Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, and key consumer and technology trends influencing the retail market
- Investigate current and forecast behaviour trends in each category to identify the best opportunities to exploit
- Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behaviour
- Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2013, with forecasts until 2023
- Analysis of key international and domestic players operating in USA retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share