Industry Scorecard:
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Online’s Impact and Shifting Shopping Dynamics Resulted in Steady 2016 Apparel Sales Growth, Reports NPD

Changing consumer needs and an evolving retail marketplace were the drivers behind the U.S. apparel industry’s overall sales performance in 2016, according to leading global information company The NPD Group. Apparel dollar sales across women, men, and children grew by 3 percent last year, reaching $218.7 billion. The industry had positive overall performance with growth in most categories, but it has struggled to exceed 3 percent sales growth since 2013, as significant gains in select consumer and retail segments were offset by declines in others.

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U.S. Automotive Aftermarket Industry Swayed by Lower Retail Pricing, Growth in Miles Driven, and Weather Patterns in 2016

The U.S. automotive aftermarket industry reached $15 billion in retail sales in 2016, growing 2.9 percent over the previous year*, according to global information company The NPD Group. While dollar growth slowed, unit/quart growth accelerated, which correlates closely to the decline in overall average selling price. Macro trends including an increase in miles driven and new car sales, lower-priced gasoline, and unpredictable weather patterns impacted the industry’s annual performance.

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U.S. Prestige Beauty Industry Adds $1 Billion in Sales, Grows 6 Percent in 2016

Another year and another billion for the U.S. prestige beauty industry, which grew 6 percent in 2016 and reached $17 billion in sales*, according to global information company The NPD Group. The makeup category once again experienced the greatest sales growth (12 percent) and contributed 82 percent of the industry’s total gains; skincare followed in sales growth (2 percent); and fragrance (1 percent).

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U.S. Quick Service Restaurant Traffic Growth Stalls in 2016 and Full Service Visits Decline

As goes the U.S. quick service restaurant (QSR) segment, so goes the total foodservice industry. QSRs, which represent 80 percent of total commercial foodservice visits, realized no traffic growth in 2016 and total foodservice traffic dipped slightly, reports The NPD Group, a leading global information company. Visits to full service restaurants, which combined represent 20 percent of total industry traffic, declined last year, according to NPD Group’s daily tracking of consumers’ use of restaurants and other foodservice outlets.

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Innovations Targeting Essential Consumer Needs Defined Home-Product Success in 2016, Reports NPD

Consumers spent more than $56 billion on everything from small home appliances and non-electric housewares products to home textiles and online purchases of major home appliances in 2016, according to global information company The NPD Group. Overall, 2016 was a positive year for the home industry and growth was driven by products that delivered innovative approaches to addressing the three essential areas for today’s consumer – health, convenience, and living in the moment.

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Home Automation

Year-Over-Year Home Automation Revenue Grew Over 50 Percent

According to global information provider, The NPD Group, annual 2016 U.S. dollar sales of home automation products experienced growth of 57 percent versus 2015. Security and monitoring products continued to lead the category, making-up over 60 percent of dollar share. Smart entry devices, such as smart doorbells, saw an increase in dollar and unit sales of 171 percent and 206 percent, respectively, when compared to the year prior, according to NPD’s Retail Tracking Service.

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Juvenile Products

U.S. Juvenile Products Industry Grows 2 Percent in 2016, Reports The NPD Group

Dollar sales for the U.S. durable juvenile products industry reached $6.4 billion and grew 2 percent in 2016, according to global information company The NPD Group. Units grew by 2 percent and the average retail price of $17.98 increased by 1 percent over the prior year. Gains in the Travel, Safety, and Feeding categories drove the industry.

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Office Supplies

Rise in Online Sales Drives U.S. Office Supplies Industry in 2016, Though Growth Rate Slows

Total retail sales for the U.S. office and school supplies industry grew 1 percent in 2016 to $12.1 billion*, with e-commerce the thrust behind the growth, according to global information company The NPD Group. Brick-and-mortar sales remained flat though the channel accounted for 89 percent of the total industry, while online sales grew 12 percent for the year; however, the online growth rate has slowed compared to previous years.

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U.S. Athletic Footwear Industry Grows 3 Percent to $17.5 Billion in 2016, Despite Turbulence in Q4, NPD Group Reports

The U.S. athletic footwear industry grew by 3 percent in 2016*, generating $17.5 billion, according to global information company The NPD Group. Unit sales also grew by 3 percent and average selling price remained flat, at $60.81. The industry grew in each of the first three quarters of the year, though it was dragged down slightly by a decline in the fourth quarter. Coinciding with the holiday season, Q4 is typically a key growth opportunity for the industry as sales tend to peak in December.

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Large Format Commercial Displays Experience 40 Percent U.S. Revenue Growth in the B2B Indirect Channel in 2016, According to NPD

According to The NPD Group’s Distributor Track and Commercial Reseller Tracking Service, large format commercial displays (LFCDs) saw some of the strongest growth in the B2B indirect channel over the past year, compared to other NPD categories. LFCD sales grew 40 percent year-over-year in the 12 months ending December 2016, driven by customer demand for increasingly larger displays and touchscreen capabilities.

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U.S. Toy Industry Grows 5 Percent in 2016, Exceeding $20 Billion, The NPD Group Reports

U.S. toy sales grew by 5 percent in 2016, reaching $20.4 billion, according to retail sales data* from global information company The NPD Group. The industry was 16 percent larger in 2016 than 2013, which calculates to a compounded annual growth rate of 5 percent. “The toy industry is continuing on the strong and steady path of success it has paved for itself over the last few years. Innovation is coming to consumers in many forms, and the question of ‘where should we go next?’ is as crucial as ever for toy manufacturers and retailers,” said Juli Lennett, senior vice president and U.S. toys industry analyst, The NPD Group.

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