DUBLIN--(BUSINESS WIRE)--The "Global Buy Online Pick Up in Store (BOPIS) Market, Forecast 2022-2027, Industry Trends, Growth, Insight, Impact of COVID-19, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
The global buy online pick up in store (BOPIS) market is expected to reach US$ 703.18 Billion by 2027, expanding with a double digit CAGR of 19.3% during 2021-2027.
Companies Mentioned
- Walmart
- Zara
- Home Depot
- Macy's
- Kohl's
- Target
Worldwide, BOPIS has become a popular retail strategy that allows customers to have the best of both worlds: online shopping and in-person pickup. Thus, BOPIS is an excellent strategy for e-commerce that helps create a great blend of online shopping and physical stores, making the shopping process more convenient for its customers. Remarkably, BOPIS enables shopping from the comfort of homes, purchasing the item online, and going to the store when it is time to see the item is ready for pickup.
The market drivers boosting the BOPIS industry are convenient factors that give provisions to customers. Besides, no added shipping charges, no waiting for a long time for items to be delivered, quick services, in-stock insurance, and ease to tackle delivery errors that often arise with order fulfilment are paving the way for the market. An efficient BOPIS system will increase sales and customer loyalty and help retailers stay competitive with other brick-and-mortar stores and online merchants.
At the height of the pandemic in 2020, demand for Buy Online, Pick-up In-store (BOPIS) options increased significantly. Moreover, a year later, in 2021, customer adoption and repeated use of BOPIS have gone strong. Overall, as per our analysis, it's clear that BOPIS isn't just a passing trend. Globally, shoppers love it; most use it and intend to continue. As per this research report, Global BOPIS Industry was US$ 243.89 Billion in 2021. Moreover, COVID-19 has been the impetus for the massive growth BOPIS has seen the pan trend is also expected in the coming years.
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global BOPIS Market
6. Market Share - Global BOPIS Market
6.1 By Countries
6.2 By Product Categories
7. Country - Global BOPIS Market
7.1 United States
7.2 India
7.3 Japan
7.4 China
7.5 Germany
7.6 United Kingdom
7.7 France
7.8 Italy
7.10 Canada
7.10 South Korea
7.11 Others
8. Product Categories - Global BOPIS Market
8.1 Fashion
8.2 Toys, Hobby & DIY
8.3 Electronic & Media
8.4 Food & Personal Care
8.5 Furniture & Appliances
9. Porters Five Forces
9.1 Overview
9.2 Bargaining Power of Buyers
9.3 Bargaining Power of Suppliers
9.4 Degree of Competition
9.5 Threat of New Entrants
9.6 Threat of Substitutes
10. Company Analysis
10.1 Walmart
10.1.1 Overview
10.1.2 Recent Development
10.1.3 Financial Insight
10.2 Zara
10.2.1 Overview
10.2.2 Recent Development
10.2.3 Financial Insight
10.3 Home Depot
10.3.1 Overview
10.3.2 Recent Development
10.3.3 Financial Insight
10.4 Macy's
10.4.1 Overview
10.4.2 Recent Development
10.4.3 Financial Insight
10.5 Kohl's
10.5.1 Overview
10.5.2 Recent Development
10.5.3 Financial Insight
10.6 Target
10.6.1 Overview
10.6.2 Recent Development
10.6.3 Financial Insight
For more information about this report visit https://www.researchandmarkets.com/r/h25wv
