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Research Outline
Prepared for Md C. | Delivered March 6, 2020
Apparel Retail Store Sales vs Online Sales
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Goals
To understand the apparel retail space by finding stats surrounding the percentage of sales that are done online and the percentage of products bought in stores.
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Early Findings
Apparel Retail Store Sales vs Online Sales: Global
In 2018, about
27%
of global apparel/fashion sales were made online.
Seventy-three percent
of global apparel/fashion sales were made in retail stores.
Online sales reached
$484 billion
in 2018.
By 2022, nearly
36%
of sales will be made online, totaling to
$765 billion
.
"
Fifty-eight percent
of global online consumers made a purchase online in 2018 — about half of these shoppers bought clothing, accessories, or footwear."
The number of global online fashion buyers is expected to reach
911 million
by 2022.
In 2018, apparel accounted for
65%
of the online fashion market, "followed by footwear (
25%
) and bags and accessories (
10%
)."
Apparel Retail Store Sales vs Online Sales: the United States
As of 2018, e-commerce accounted for more than a third of all apparel sales in the United States, with a penetration rate of
34.4%
, up from
30.6%
in 2017.
Online apparel sales grew
18.5%
in 2018 over 2017, "far faster than total apparel retail sales growth at
5.3%
."
Proprietary Research Databases
In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.
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