"Retailing in the US, Market Shares, Summary and Forecasts to 2021", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to the US retail environment. In addition, it analyzes the key consumer trends influencing the US retail industry.
The US is the largest economy in the world with a population of 323.8 million in 2016. It also has a huge retail industry, which is expected to grow at a CAGR of 3.2% over the forecast period to reach US$4.1 trillion by 2021.
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 2016 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
- The US is the largest economy in the world.
- The overall US retail market is expected to grow at a CAGR of 3.2% over the forecast period to reach US$4.1 trillion by 2021.
- Clothing & footwear sales in the US are expected to grow at a CAGR of 1.7% during 2016-2021.
- The online channel is driving growth and its share of total retail spending will increase from 9.2% to 11.8% by 2021.
- The food & grocery sector is dominated by established players such as Walmart, which held a 16% share in 2016.
- The US electricals sector is expected to grow at a CAGR of 3.2% during 2016-2021.
Reasons to buy
- Gain comprehensive knowledge on 26 product categories in the US retail market and develop a competitive advantage around consumer behavior 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 behavior 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 behavior
- Understand the fastest-growing categories in the market with insights on the performance of individual product categories, across key channels from 2011, with forecasts until 2021
- Analysis of key international and domestic players operating in the US retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share.