eCommerce: Market Revenue Growth
Apparel eCommerce Revenue Growth in the United States
How does the U.S. Apparel eCommerce market revenue growth evolve annually? Explore the data from 2018 to 2026 for insights.
Article by Patrick Nowak | June 19, 2024Download
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Apparel eCommerce Revenue Growth in the United States
How Did eCommerce Revenue in the U.S. Apparel Market Evolve from 2018 to 2026?
The eCommerce revenue growth in the U.S. Apparel market has shown a steady increase over the years, reflecting the evolving consumer behavior and market trends. Starting with a growth rate of 7.3% in 2018 and a notable surge to 12.9% in 2019, the sector experienced a significant boom in 2020 with a remarkable growth rate of 37.5%. This spike continued into 2021 with a growth rate of 13.8%, showcasing the resilience and adaptability of the eCommerce market in response to changing circumstances. However, the growth rate tapered off slightly in 2022 to 5.4%, followed by a modest increase of 3.6% in 2023. Looking ahead, the forecasted data suggests a stable growth trajectory with rates of 4.8% in 2024, 3.8% in 2025, and a slight uptick to 4.4% in 2026. These figures indicate a consistent and positive outlook for the eCommerce sector within the U.S. Apparel market, highlighting its potential for sustained growth and profitability in the coming years.
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