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Consumer Survey: Amazon yet to become the go-to-place for womenswear

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The US apparel market grew at a modest compound annual growth rate (CAGR) of 2.2 per cent from 2011 to 2016, and was valued at US $274 billion in 2016. The share of womenswear relative to the total market size has remained stable over the past five years, within the range of 48  per cent – 49  per cent and was valued at US $132 billion in 2016. This category is expected to grow at a CAGR of 3.1  per cent on average through to 2020 to reach US $149 billion, according to data from Euromonitor.

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