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Clothing & Footwear Retailing in the Americas, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape

Clothing & Footwear Retailing in the Americas, 2015–2020; Market Dynamics, Retail Trends, and Competitive Landscape

Summary

Clothing and footwear market in the Americas is expected to grow faster than the historic period at 3.1% during 2015–2020. Increase in demand for discounted premium or luxury products will fuel growth of off-price and overall clothing and footwear retail in the US and Canada. Brazil will return to growth during the next five years after being hit by devaluation of local currency and political instability. Other Latin American markets, mainly Mexico and Colombia, will increase their importance in the regional market with rising purchasing power, growing demand for latest fashion, and increase in popularity of local designers.

Key Findings

  • The US clothing and footwear market accounts for 74.4% of the total regional market, and is forecast to grow at a CAGR of 2.7% during 2015–2020
  • Colombia, followed by Chile, is forecast to grow fastest at 9.1% over the next five years, at the same time, Mexico will generate second-highest value growth of US$7.4 billion after the US
  • Online channel will achieve largest value growth of US$58.5 billion, driven by increasing online retail penetration in emerging markets, preference for lowered prices, and expansion of existing online retailers
  • Increasing consumer preference for online channel will affect sales of specialist retailers, which will lose their share by 6.6% in regional sales
  • Retailers are increasing their investment in off-price formats, in-store technology, and integration of online and offline, at the same time adopting innovative technologies to engage customers
Synopsis

The “Clothing & Footwear Retailing in the Americas, 2015–2020” report, published by Verdict Research, provides analysis of current and forecast market data for clothing and footwear retail sales sold through major channels in the Americas.

What else does this report offer?
  • Current market sizes and forecasts for 2020 by country with an assortment of charts that ranks countries based on market size, growth rate, value growth and channel sales
  • Market insights based on consumer trends, and changing economic and demographic factors on a global, regional, and country basis
  • Retail sales and fastest-growing markets for the category group and further sales breakdown for individual sub-categories: womenswear, menswear, childrenswear, women’s footwear, men’s footwear, children’s footwear
  • Qualitative and quantitative insights of changing clothing and footwear’s retail dynamics across various channels
  • Retail sales, market share and growth rate of channels included: clothing accessories and luxury goods specialists, department stores, online, hypermarkets, supermarkets and hard-discounters, discount stores, value, variety stores and general merchandise retailers, duty free retailers, and others
Reasons To Buy

Get immediate access to:
  • Get accurate and reliable retail sales data of the nine largest clothing and footwear markets in the Americas: Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, the US, and Venezuela for 2015 and forecast for 2020 to identify the largest and fastest-growing market and to discover profitable markets for expansion/entry
  • Explore an in-depth analysis of retail sales data by channels to spot leading channels in clothing and footwear retail space and develop strategies for specific channels
  • Gain access to retail sales data at sub-category level (womenswear, menswear, childrenswear, women’s footwear, men’s footwear, children’s footwear) across the region to target key markets for each sub-categories and to analyze their current and future growth prospects
  • Learn from consumer insights and retail trends and define your strategies based on the need of consumers and retail landscape in the country
  • Make country level comparisons to effectively target new revenue streams and align your marketing strategies with the crucial trends influencing consumer behavior
  • Track competitive landscape based on the information about store count and latest developments for key clothing and footwear retailers in the region


A summary of global clothing and footwear retailing
Clothing and footwear retailing in the Americas 2015-2020
Executive Summary
Largest clothing and footwear markets in the region
Break-down by sub-category
Top five countries for each product category
Sub-category level sales across the region
Fastest growing clothing and footwear markets
Largest and fastest growing channels in each country
Channel analysis
Retail trends
Major retailers in the region
Retail innovations
Appendix

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