Online Shoe Sales in the US - Industry Market Research Report

Stepping up: Consumers will have more to spend on discretionary purchases, including shoes

Over the past five years, revenue for online shoe sales has increased significantly. The industry includes online-only retailers and the online sales of companies with both an e-commerce site and traditional brick-and-mortar locations. Online shoe retailers have benefited from heightened e-commerce activity during the period, along with rising consumer spending. As traditional brick-and-mortar retailers have increasingly entered the online realm to recapture sales taken by online-only retailers, online shoe sales have expanded. Industry revenue is expected to rise at a CAGR of 10.7% to $28.6 billion over the past five years, including an increase of 5.7% in 2023 alone. Industry profit has increased along with revenue. This industry retails shoes for men, women and children via the internet. Industry goods are typically purchased from domestic (in some cases international) manufacturers and wholesalers, and then sold to the public online. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.