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. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Amazon Apparel US Consumer Survey 2023—Infographic: Understanding Amazon Fashion and Why Consumers Choose ItRetail Around the World: Coresight Research Observations, February 2023Amazon Regains Food Shoppers; Dollar Tree Jumps to Third Place for Nonfood: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2023, Week 1: US Openings Up 17%