Report ID : 1391862 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Buy Online Pick Up In Store (BOPIS) Market is categorized based on Retail Type (Grocery, Apparel, Electronics, Home Improvement, Pharmacy) and Payment Method (Credit/Debit Cards, Mobile Wallets, Cash on Delivery, Gift Cards, Bank Transfers) and Technology (Mobile Applications, Web-based Platforms, In-store Kiosks, Self-service Lockers, Point of Sale Systems) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Buy Online Pick Up In Store (BOPIS) Market size was $40 billion and is projected to grow to $100 billion by 2033, registering a CAGR of 9.5% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
Today the Buy Online Pick Up In Store, or BOPIS, model is at the very core of the omnichannel retail model. It is changing the dynamics of how consumers relate to physical retail outlets. As e-commerce grows, BOPIS embraces the challenge of solving the problem of online shopping ease and the need for walking into a store for instant order fulfillment. This emerging model aligns perfectly with the trends where consumers are looking for more speed and flexibility in their shopping experiences. From my perspective, BOPIS can improve consumer satisfaction and optimize supply chain operations which is why I have noticed the growing popularity across industries from fashion to food.
Factors such as technological improvements, changes in consumer expectations, and a more competitive retail environment explain the growth of BOPIS. Retailers save on shipping while boosting their stock and sales management when customers can order and pay online, but pick the goods up at the shop. Besides, BOPIS helps companies build more intimate connections with their customer base by increasing store traffic and providing more chances for selling and adding value to the initial purchase at the collection counter. It will also be important for retailers to understand the dynamics of BOPIS if they want to leverage it and serve the new generation of shoppers.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Walmart, Target, Best Buy, Home Depot, Kroger, CVS Health, Lowe's, Amazon, Walgreens, Macy's, Nordstrom |
SEGMENTS COVERED |
By Retail Type - Grocery, Apparel, Electronics, Home Improvement, Pharmacy By Payment Method - Credit/Debit Cards, Mobile Wallets, Cash on Delivery, Gift Cards, Bank Transfers By Technology - Mobile Applications, Web-based Platforms, In-store Kiosks, Self-service Lockers, Point of Sale Systems By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Buy Online Pick Up In Store (BOPIS) Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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