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Personal Shopping Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Personal Shopping Services Market Research Report | Consumer Goods & Services | Personal Services | Mar 2014

Shopping outsourced: Growth will slow as competition increases in this highly fragmented industry

IBISWorld’s Personal Shopping Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$762m
Annual Growth 09-14
4.1%
Annual Growth 14-19
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Profit
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Employment
28,292
Businesses
27,105
Industry Analysis & Industry Trends

Coming off the recession, consumers have higher levels of disposable income to spend on shopping. But with unemployment decreasing, they have less time to actually go out and shop. Therefore, personal shoppers are in high demand, with revenue growing fairly quickly in the five years to 2014. This trend will slow in the five years to 2019, as the industry becomes increasingly fragmented.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Over the 10 years to 2019, industry value added (IVA), or the industry's contribution to the overall economy, is expected to grow 3.6% per year on average, while GDP grows 2.7% per year on average. Rapid technological innovation, an expanding clientele and an increasing number of industry players are indicators of industry growth.

Personalized shoppers have been expanding their reach to new demographics, catering to men, women and seniors and offering services for high, middle and lower income individuals. Some companies are targeting young college graduates entering the workforce as well. Shoppers are expected to face fierce competition from department store stylists and webpages and mobile apps... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Personal Shopping Services Industry?

This industry provides personal shopping services. Personal shoppers assist individuals by purchasing items on their behalf, suggesting items to purchase and providing style assistance. Personal shoppers employed by department stores (IBISWorld report 45211) and e-commerce sites (report 45411a) are not included in this industry. Personal shoppers serving corporations only are also not included in this industry.

Industry Products
Wardrobe consultationsWomen's wear purchasesMen's wear purchasesFootwear purchasesElectronics, hobby and toy purchasesFollow-up consultations
 
Industry Activities
Wardrobe auditsStyle consultationsPersonal shopping


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