United States BOPIS Market Analysis
United States BOPIS market is projected to grow at a CAGR of 16.45% between 2024 and 2032, from US$ 111.84 billion in 2023 to US$ 440.39 billion in 2032.
Buy Online, Pick Up in Store (BOPIS) is a retail approach allowing consumers to purchase and pick up products in-store. This approach offers comfort by averting transport costs and shortening wait intervals. Retailers also benefit from this notion because it increases foot traffic to their physical shops.
The overall GDP per capita in the United States is the largest globally. In the latest years, the BOPIS marketplace within the United States has seen a sizeable boom, and this trend is anticipated to continue at a remarkable rate. The wide adoption of e-commerce and digital platforms has extensively multiplied growth. This has made buying online a great deal more available and convenient for customers. However, customers nonetheless opt to interact with products physically before shopping for them. BOPIS is a seamless solution for convenient online shopping. The demand for instant gratification is any other critical driving force of increase within the USA’s BOPIS marketplace. With busy lives and the choice of instant access to products, clients are selecting BOPIS over traditional shipping methods.
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Retailers offer more offerings like curbside pickup and higher customer assistance, and custom-designed studies can leverage BOPIS as an aggressive advantage. The March 2023 Global Digital Shopping Index states that 16.4 million US customers, or over one-third of all clients, chose to select up their online purchases in-store or curbside, a 37% increase from the previous year.
The United States BOPIS (Buy Online, Pick Up In Store) market has experienced remarkable growth in recent years, driven by changing consumer preferences, technological advancements, and the convergence of online and offline retail channels. BOPIS, also known as Click and Collect, allows customers to shop online and pick up their purchases at a nearby store, offering convenience, flexibility, and often faster fulfillment.
One of the primary drivers of the BOPIS market in the United States is convenience. Consumers appreciate the ability to browse and purchase items online from the comfort of their homes or while on the go, without the need to navigate crowded aisles or wait in long checkout lines. BOPIS offers the added convenience of selecting a convenient pickup time, often within hours of placing an order, enabling customers to get their items quickly without having to wait for shipping.
Technological advancements have played a crucial role in the growth of the BOPIS market. Retailers have invested in robust e-commerce platforms, mobile apps, and inventory management systems to enable seamless online shopping and order fulfillment. Integration with in-store inventory systems allows customers to see real-time product availability and reserve items for pickup, reducing the risk of out-of-stock situations.
The competitive landscape of the United States BOPIS market is diverse, with traditional retailers, e-commerce giants, and specialty stores all offering BOPIS services. Major players like Walmart, Target, and Best Buy have heavily invested in their BOPIS capabilities, leveraging their extensive store networks to provide fast and convenient pickup options for customers nationwide.
Regulatory frameworks and logistical challenges vary across states and municipalities, influencing the growth of the BOPIS market. Some regions may have stricter regulations regarding in-store pickup procedures or parking requirements, while others may face logistical constraints related to inventory management or staffing.
United States BOPIS Company Analysis
The major players in the United States BOPIS Market are Walmart, Home Depot Inc., Kroger Co., Macy’s, Kohl’s, Costco Wholesale Corporation, Best Buy Co. Inc., and Nordstrom, Inc.
United States BOPIS Company News
- Best Buy announced a new app called Best Buy Envision in April 2024. The app is exclusively available on the Apple Vision Pro and helps users plan their ultimate home technology setup.
- Kohl’s now provides BOPIS Self-Pickup services for Kohls.com orders in all 1,100 shops in the U.S. The Self-Pickup procedure starts whenever the consumer receives an email confirming their item is available, generally within two hours. These omnichannel services have been upgraded for the upcoming Holiday 2022 season.
- In August 2023, Best Buy’s BOPIS approach accounted for over 40% of the company’s online revenues. BOPIS allows users to buy things online and pick them up at a physical location.
Product Category – United States BOPIS Market
1. Auto and Parts
2. Food and Beverage
3. Apparel and Accessories
4. Health and Personal Care and Beauty
5. Computer and Consumer Electronics
6. Office Equipment and Supplies
7. Toys and Hobby
8. Furniture and Home Furnishing
9. Books/Music/Video
10. Other
Payment Method – United States BOPIS Market
1. Digital Wallet
2. Credit Card
3. Debit Card
4. Account-to-Account (A2A)
5. Buy Now, Pay Later (BNPL)
6. Cash on Delivery
7. Prepay
8. Other – Incl. Cryptocurrency
All the Key players have been covered from 3 Viewpoints:
• Overview
• Recent Development
• Revenue Analysis
Key Players
1. Walmart
2. Home Depot Inc.
3. The Kroger Co
4. Macy’s
5. Kohl’s
6. Costco Wholesale Corporation
7. Best Buy Co., Inc.
8. Nordstrom Inc
Related Reports:
Buy Online Pick Up in Store Market
United States Online Grocery Market
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