Open shop: More consumers turn to e-commerce sales due to increased internet penetration

The Online Men's Clothing Sales industry has surged upward over the past five years. Industry revenue has rapidly outpaced overall clothing sales as online shopping becomes more popular with US consumers. Increasing internet penetration as a result of swift broadband connection growth has surged industry revenue forward as consumers turn online to shop for a greater range of clothes and more effectively compare prices. Additionally, mobile internet growth has supported this growth, with a rapidly increasing number of smartphones and other internet-enabled devices allowing consumers to access online retail at all times. Consequently, industry revenue is projected to grow over the five years to 2017...read more.

Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 12-17
15.9%
Forecast Growth 17-22
Profit
Employment
63,309
Businesses
20,103
Market Share of Companies
What Our Customers Say

Industry Threats & Opportunities

  • Increasing internet penetration has surged industry revenue forward as consumers turn to online shopping
  • The wider range of consumers purchasing clothes online has bolstered industry sales
  • Higher disposable income is projected to precipitate spending on more high-end items
  • Industry Report - Industry Products Chapter

    Office and formal wearOffice and formal wear is the largest industry product segment, accounting for 36.1% of revenue in 2017. Products in this category include suits, blazers, slacks, work shirts, ties, cufflinks, and occasion wear. Items in this segment are typically more expensive than other segments. Because the majority of clothing in this segment are purchased for work, demand from this segment follows dynamics within the labor market, as well as trends in office dress. Over the past five years, this segment's share of revenue has decreased, as US offices have steadily shifted to a more casual atmosphere. Additionally, the need to tailor suits usually means that consumers still prefer to buy them in store instead of online. Man...purchase to read more.

    Additional Insights for the Online Men's Clothing Sales Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Online Men's Clothing Sales Industry are

  • Having marketing expertise
  • Provision of superior after-sales services
  • Ability to control stock on hand
  • IBISWorld analysts also discuss how external factors such as Number of broadband connections and Per capita disposable income in the Online Men's Clothing Sales industry impact industry performance..

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    What is the Online Men's Clothing Sales Industry?

    This industry retails men’s clothing through the internet. This includes online-only retailers as well as brick-and-mortar stores that have an online presence, but excludes the sale of men’s footwear.

    Industry Products
  • Office and formal wear
  • Casual wear
  • Sports and athletic wear
  • Industry Activities
  • Online shirt sales
  • Online slacks, jeans and shorts sales
  • Online sports clothing sales
  • Online accessories sales
  • Online outerwear and blazer sales
  • Online sweater sales
  • Online suits and formal wear sales
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of broadband connections
  • Per capita disposable income
  • Number of mobile internet connections
  • External competition

  • Current Performance
  • Click-and-mortar
  • Industry dynamics
  • Profit and participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Steady demand
  • Industry trends
  • Profit and participation
  • Table: Online Men's Clothing Sales Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Online Men's Clothing Sales Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Computer Manufacturing
  • Men's & Boys' Apparel Manufacturing
  • Transportation and Warehousing

  • Products & Services
  • Office and formal wear
  • Casual wear
  • Sports and athletic wear
  • Other
  • Chart: Online Men's Clothing Sales Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Consumers aged 45 to 64
  • Consumers aged 25 to 44
  • Consumers aged 65 and older
  • Consumers aged 24 and younger
  • Chart: Major Market Segmentation for the Online Men's Clothing Sales Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Online Men's Clothing Sales

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Online Men's Clothing Sales Industry

  • Industry Globalization
    Amazon.com Inc.
  • Table: Amazon.com Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Online Men's Clothing Sales Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Online Men's Clothing Sales Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of mobile internet connections (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cybercrime
  • A computer crime that involves computer and a network. These crimes range from stealing online financial information to making websites inoperable.
  • Flash Sale
  • an e-commerce business model in which a website offers a single product for sale for a set period of time, usually 24 to 36 hours
  • Native App
  • An application that has been developed for use on a particular platform or device.
  • Why buy this report?

    IBISWorld’s Industry Market Report on Online Men's Clothing Sales is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Online Men's Clothing Sales:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Online Men's Clothing Sales market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Online Men's Clothing Sales, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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