Press release
Subscription Box Market Size 2023: Expected to Growth at a CAGR of 17.83% by 2028
Subscription Box Market Report 2023-2028
The global subscription box market is expected to exhibit a CAGR of 17.83% during 2023-2028.
A subscription box represents the auto-delivery service of niche-oriented items on a recurring basis, including monthly, half-yearly, and yearly. It offers various unique features, such as the curation of items by the consumers, surprise or mystery products in the box, aesthetic representation of the contents, etc. In line with this, a subscription box comprises a combination of products that are either customized as per consumer requirements or randomly selected by the service provider. Consequently, it is extensively utilized across several sectors, including food and beverage (F&B), personal grooming and hygiene, health and fitness, childcare, apparel, books, pet care, etc.
Request Free Sample Report: https://www.imarcgroup.com/subscription-box-market/requestsample
Subscription Box Market Trends:
The expanding e-commerce industry is among the key factors stimulating the subscription box market. Furthermore, the growing influence of social media trends and celebrity endorsements on consumer lifestyle, particularly among the millennial population, is positively influencing the global market. Apart from this, the introduction of long-term subscription services by numerous retailers for developing customer loyalty is acting as another significant growth-inducing factor. Moreover, they are also adopted by social media-based startups to create brand awareness, maintain consistent revenue, promote built-in marketing, etc., which is propelling the market growth.
Besides this, free product trials and heavy discounts by luxury brands in the fashion as well as personal care industries to promote the utilization of these boxes and the rising disposable income levels of individuals are also augmenting the global market. Additionally, the increasing consumer inclination towards personalized and curated items is expected to fuel the subscription box market over the forecasted period.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/subscription-box-market
Competitive Landscape:
By IMARC group the report has also analyzed the competitive landscape of the market with some of the top Subscription Box Companies and Brands being-
Some of these key players include:
• Amazon Subscribe & Save (Amazon.com, Inc.) (NASDAQ: AMZN)
• BarkBox (BARK:NYSE)
• Birchbox (NASDAQ:WBA)
• Blue Apron Holdings Inc. (NYSE: APRN)
• Glossybox (The Hut.com Ltd.)
• Grove Collaborative Inc. (NYSE: GROV)
• HelloFresh SE (OTCMKTS: HELFY)
• FabFitFun
• Harry's Inc.
• Loot Crate
• Personalized Beauty Discovery Inc.
• TechStyle Fashion Group
• Dollar Shave Club, Inc. (Unilever plc)
Read Blog on Top Subscription Box Companies And Brands 2023: https://www.imarcgroup.com/top-subscription-box-companies-brands
Key Market Segmentation:
Breakup by Application:
• Clothing and Fashion
• Beauty
• Food and Beverages
• Pet Food
• Baby Products
• Health and Fitness
• Others
Breakup by Type:
• Replenishment Subscription
• Curation Subscription
• Access Subscription
Breakup by Gender:
• Male
• Female
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
TOC for the Subscription Box Market Research Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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