Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Increasing Consumer Preferences towards Personalised Items to Drive the Regional Market Growth

The inclination of consumers for curated and personalised products is one of the major factors contributing to the rise of the market in North America. The main goal of the subscription box is to make consumers' lives better by giving them personalised items, a wider variety of options, and additional services. Their lives are made more exciting due to the subscription box, allowing them to constantly discover new goods.

 

The massive internet penetration is anticipated to increase the North America subscription box market share, coupled with the expansion of the e-commerce industry globally.

 

According to estimates, the market is driven by young demographics and shifting customer lifestyles that demand convenience goods within the shortest amount of time.

 

In addition, shifting female purchasing preferences in favour of online shopping and increased social networking platform effect on society are significant drivers anticipated to spur the North America subscription box market expansion. The changing lifestyle of the millennial generation has been influenced by urbanisation and the development of smart cities, which will fuel the expansion of the North America subscription box market in the next years.

 

North America Subscription Box Market Report Snapshots

North America Subscription Box Market Size

North America Subscription Box Market Growth

North America Subscription Box Market Regional Analysis

North America Subscription Box Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The regional market is projected to grow at a CAGR of 16.8% between 2024 and 2032.

The major drivers of the market include the several marketing strategies, growing use by social media-based startups and influencers, free product trials and discounts, massive internet penetration, and shifting customer lifestyles.

A rise in the e-commerce industry and the inclination of consumers for curated and personalised products are the key industry trends propelling the growth of the market.

The major countries included in the market report are the United States and Canada.

The various types of subscription boxes in the market are replenishment subscription, curation subscription, and access subscription.

The product finds applications in health and fitness, food and beverages, apparel, education, personal care and cosmetics, and books, among others.

Businesses enjoy subscription boxes because they allow for the targeting of niche audiences and constant monthly sales, while consumers prefer them for their distinctiveness and convenience.

The key players in the North America subscription box industry are Amazon.com, Inc, Barkbox, TechStyle Fashion Group, FabFitFun Inc., Dollar Shave Club Inc., Birchbox, Netflix, Inc and Others.

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