Department Stores

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $5,450	209 Pages	Global Industry Analysts	May, 2024	GJOB18757403

Best Price Guarantee
Price	from $5,450
Length	209 Pages
Publisher	Global Industry Analysts
Published Date	May, 2024
SKU	GJOB18757403

Department Stores

Global Department Stores Market to Reach $930 Billion by 2030
The global market for Department Stores estimated at US$616.9 Billion in the year 2023, is expected to reach US$930 Billion by 2030, growing at a CAGR of 6% over the period 2023-2030.

The U.S. Market is Estimated at $161.4 Billion, While China is Forecast to Grow at 9.3% CAGR
The Department Stores market in the U.S. is estimated at US$161.4 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$218 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

What to Expect from the Global Economy in 2024
Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 102 Featured) -

Debenhams Retail PLC
House of Fraser
J.C. Penney Co., Inc.
Macy's, Inc.
Sears Brands LLC

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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW: Influencer Market Insights; World Market Trajectories; Department Stores - Global Key Competitors Percentage Market Share in 2024 (E); Global Economic Update; COVID-19 Crisis Strikes a Blow to Department Stores; Monthly Revenue Trends of department Stores 2010-2020; Department Store Foot Traffic during COVID-19 Times; Major Department Store Bankruptcies: 2020; Industry Brief; Leading Segments; Competition; Sales of Leading Department Store Companies Worldwide in 2019 (in billion U.S. dollars); Sales of Leading Department Store Companies Worldwide in 2019 (in US$ Billion); Transformation of Vacant Department Stores; Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS: Improvement in Per Capita Disposable Income of People to Drive Demand; Alternative Channels: A Reigning Threat; eCommerce Poses a Major Challenge to Department Stores; E-commerce as a Share of Total US Retail Sales; Major Trends Transforming The Retail Landscape; Shrinking Apparel Budgets Impacts Store Revenues; Consumer Apparel Budgets: 1990-2024; Department Store Sales : 2014-2025; Changing consumer Shopping Trends and Impact on Department Stores; Middle Class Spending Influences Store Performance; US Middle Class Wealth Distribution: 2000-2019; Department Stores Up their Online Presence; Retail Market Expansions; Number of Department Store Locations in the US; Plummeting Department Store Scenario in the US: A Review
4. GLOBAL MARKET PERSPECTIVE: TABLE 1: World Recent Past, Current & Future Analysis for Department Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR; TABLE 2: World Historic Review for Department Stores by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; TABLE 3: World 16-Year Perspective for Department Stores by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030; TABLE 4: World Department Stores Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS: UNITED STATES; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E); TABLE 5: USA Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 6: USA Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; CANADA; TABLE 7: Canada Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 8: Canada Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; JAPAN; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E); TABLE 9: Japan Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 10: Japan Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; CHINA; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E); TABLE 11: China Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 12: China Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; EUROPE; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E); TABLE 13: Europe Recent Past, Current & Future Analysis for Department Stores by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR; TABLE 14: Europe Historic Review for Department Stores by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; TABLE 15: Europe 16-Year Perspective for Department Stores by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2024 & 2030; FRANCE; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E); TABLE 16: France Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 17: France Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; GERMANY; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E); TABLE 18: Germany Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 19: Germany Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; ITALY; TABLE 20: Italy Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 21: Italy Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; UNITED KINGDOM; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E); TABLE 22: UK Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 23: UK Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; SPAIN; TABLE 24: Spain Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 25: Spain Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; RUSSIA; TABLE 26: Russia Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 27: Russia Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; REST OF EUROPE; TABLE 28: Rest of Europe Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 29: Rest of Europe Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; ASIA-PACIFIC; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E); TABLE 30: Asia-Pacific Recent Past, Current & Future Analysis for Department Stores by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR; TABLE 31: Asia-Pacific Historic Review for Department Stores by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; TABLE 32: Asia-Pacific 16-Year Perspective for Department Stores by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2024 & 2030; AUSTRALIA; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E); TABLE 33: Australia Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 34: Australia Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; INDIA; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E); TABLE 35: India Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 36: India Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; SOUTH KOREA; TABLE 37: South Korea Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 38: South Korea Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; REST OF ASIA-PACIFIC; TABLE 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 40: Rest of Asia-Pacific Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; LATIN AMERICA; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E); TABLE 41: Latin America Recent Past, Current & Future Analysis for Department Stores by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR; TABLE 42: Latin America Historic Review for Department Stores by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; TABLE 43: Latin America 16-Year Perspective for Department Stores by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2024 & 2030; ARGENTINA; TABLE 44: Argentina Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 45: Argentina Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; BRAZIL; TABLE 46: Brazil Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 47: Brazil Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; MEXICO; TABLE 48: Mexico Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 49: Mexico Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; REST OF LATIN AMERICA; TABLE 50: Rest of Latin America Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 51: Rest of Latin America Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; MIDDLE EAST; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E); TABLE 52: Middle East Recent Past, Current & Future Analysis for Department Stores by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR; TABLE 53: Middle East Historic Review for Department Stores by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; TABLE 54: Middle East 16-Year Perspective for Department Stores by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2024 & 2030; IRAN; TABLE 55: Iran Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 56: Iran Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; ISRAEL; TABLE 57: Israel Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 58: Israel Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; SAUDI ARABIA; TABLE 59: Saudi Arabia Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 60: Saudi Arabia Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; UNITED ARAB EMIRATES; TABLE 61: UAE Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 62: UAE Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; REST OF MIDDLE EAST; TABLE 63: Rest of Middle East Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 64: Rest of Middle East Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR; AFRICA; Department Stores Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E); TABLE 65: Africa Recent Past, Current & Future Analysis for Department Stores by Segment - Department Stores - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR; TABLE 66: Africa Historic Review for Department Stores by Segment - Department Stores Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
IV. COMPETITION