Deep Dive 17 minutes PremiumUS Metaverse Fashion Market: Rapid Growth Ahead Despite Six Key Challenges Sunny Zheng, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research June 13, 2023 What's InsideThe US metaverse fashion market is set for huge growth from 2023, but what challenges do brands and retailers need to tackle to see success? This research report explores the state of the market and provides retail companies with essential insights into the positive and negative impacts on profitability of operating in the metaverse. We dive into the market’s size and trajectory, growth drivers, leading players, recent developments and key challenges. We also analyze proprietary survey data to assess US consumer awareness of, and engagement in, metaverse fashion. Data in this research report include: US metaverse fashion market size, 2022–2027E Proprietary Coresight Research survey data—US consumers’ awareness of metaverse fashion, categories and brands shopped, and amount shoppers would be willing to spend on a metaverse fashion item NFT revenue of top five fashion companies in the space Companies mentioned in this report include: Adidas, Alo Yoga, Bloomingdale’s, Coach, Dolce & Gabbana, Gucci, Levi’s, NIKE, Ralph Lauren, Tiffany & Co. Other relevant research: The Metaverse Is Not Dead: Defying the Rumors of Its Demise Metaverse Pioneers: Learnings for Fashion Brands from the Web 3.0 Strategies of Adidas and NIKE Metaverse Fashion Set To Boom, As Consumers Are Keen To Show Their Digital Styles and Identities More research reports on apparel and footwear retail and the metaverse Visit the Coresight Research Fashion and Luxury Hub to explore sector data, reports and company profiles. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week: Global FocusThree Data Points We’re Watching This Week: US Retail FocusEarnings Insights 2Q23, Week 3: Alibaba Reports Double-Digit Growth; Capri Holdings, Hanesbrands, Qurate Retail and Under Armour See Sales DeclineCopley Place and Prudential Center—Demonstrating the Potential of Urban Mixed-Use Malls