(I-BusinessNews.Com, January 12, 2018 ) The market is highly seasonal and is driven by the climatic conditions of the region. With climate change having become a key issue the world over in the last few years and the increasingly warm winters in the country, vendors are likely to be unable to anticipate demand trends accurately. The warm winters experienced in late 2015, for instance, have had significant negative effects on sales, leading to revenue losses and stock pile-ups for retailers. Continuous product launches, including a mix of heavy and light woolens to address the fluctuating weather patterns, will be key to the growth of the market. Holiday season sales are also major revenue contributors for the retailers.
Publisher's analysts forecast the winter wear market in the US to grow at a CAGR of 2.81% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the winter wear market in the US for 2016-2020. To calculate the market size, Publisher considers the revenue generated from retail sales of winter apparel and footwear.
The market is divided into the following segments based on retail format: - Specialty retailers - Mass merchandisers - Online
Publisher's report, Winter Wear Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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