
Global Department Stores Retailing 2015–2020
Description
Global Department Stores Retailing 2015–2020
Summary
Global department store retail market is expected to grow at a CAGR of 5.4% during 2015–2020, driven by the rising purchasing power of the middle-class population, young working professionals, and the expansion of department stores in emerging markets. Off-price department store sales are growing positively in North America, and the format is expected to gain popularity in Europe in the future. In an effort to provide a seamless shopping experience to the customers, department store retailers are developing new innovative concepts such as virtual reality, augmented reality, and others.
Key Findings
Summary
Global department store retail market is expected to grow at a CAGR of 5.4% during 2015–2020, driven by the rising purchasing power of the middle-class population, young working professionals, and the expansion of department stores in emerging markets. Off-price department store sales are growing positively in North America, and the format is expected to gain popularity in Europe in the future. In an effort to provide a seamless shopping experience to the customers, department store retailers are developing new innovative concepts such as virtual reality, augmented reality, and others.
Key Findings
- Global department store sales are forecast to reach US$675.9 billion by 2020, with major impetus from developing economies
- Clothing and footwear remained the most preferred category through the channel
- Shoppers seeking discounts and savings are driving sales in off-price department stores
- Indonesia will grow the fastest during the forecast period, followed by India and Philippines
- Despite a slow growth in the US, the market will continue to be the largest market in 2020
- Provides a comprehensive view of the global department stores retail landscape, including current market sizes and category forecasts to 2020; and highlights the world’s fastest growing markets and category groups
- Details market size and category forecasts for each region and countries, and features major retailers, key innovative retailers, and department store retail trends
- The report covers the 50 largest retail markets and includes 24 countries in Europe, 12 countries in Asia-Pacific, nine countries in the Americas, and five countries in the Middle East and Africa
- The report provides an essential overview of the global department stores retail market, highlighting the largest and fastest-growing markets across the globe
- Provides analysis of the latest trends, market dynamics (covering nine category groups) and key innovations in the retail space in major countries across the four regions
- Identify the largest and fastest-growing categories in major countries across the four regions
- Benefit from detailed analysis of key trends influencing the department store retail market.
- Monitor the competitive landscape, with analysis of key players across the four regions, including market share of the retailers for the region
Table of Contents
141 Pages
- Executive Summary
- Despite falling sales in major department store chains, the US will continue to be the largest market in 2020
- Indonesia will witness the fastest growth globally
- The US and China will remain the major markets
- Share of department store sales in Chile's total retail sales is set to grow
- Clothing and footwear will retain the major share in 2020
- Indonesia is the fastest-growing department store market
- Category group sales in regions - Americas
- Category group sales in regions - Asia-Pacific
- Category group sales in regions - Europe
- Category group sales in regions - Middle East and Africa
- Furniture and floor coverings will witness the fastest growth globally
- Top five fastest-growing countries in each category group
- Global Department Stores Retailing - Trends
- Marks & Spencer
- Global Department Stores Retailing - Kohl's
- Global Department Stores Retailing - Parkson
- Global Department Stores Retailing - Woolworths
- Global Department Stores Retailing - Falabella
- The US is the biggest department stores retail market in the Americas
- The US and Canada are the largest markets in the Americas
- Share of department stores sales in the US to decrease marginally
- Colombia is the fastest-growing market in the Americas department stores retail market
- Top three largest and fastest-growing category groups
- Top five fastest-growing department stores retail markets in each category group
- Top five fastest-growing countries by each category group in department stores channel
- Department stores trends in the Americas
- Major department store retailers in the Americas
- Innovative retailers in the Americas
- The UK is the biggest online market in the European region
- The UK and Germany are the largest markets in Europe
- Share of department stores sales in Spain to increase the most
- Russia is the fastest-growing market in Europe
- Top three largest and fastest-growing category groups
- Top five countries leading the growth of category groups
- Department store trends in Europe
- Major department store retailers in Europe
- Innovative retailers in Europe
- China is the largest online market in the region
- China and Japan are the largest markets in the Asia-Pacific region
- Share of department stores sales in South Korea will decrease by 2020
- Indonesia is the fastest-growing market in Asia-Pacific
- Top three largest and fastest-growing category groups
- Top five countries leading the growth of category groups
- Department stores retail - Trends in Asia-Pacific
- Department stores - Trends in Asia-Pacific
- Major department store retailers in Asia-Pacific
- Innovations in Asia-Pacific
- Saudi Arabia is the biggest department stores market in the region
- Saudi Arabia and Egypt are largest markets in MEA
- Share of department stores sales in Saudi Arabia's total retail sales to increase the most
- Saudi Arabia is the fastest-growing market in the Middle East & Africa
- Top three largest and fastest-growing category groups
- Top 5 countries leading the growth of category groups
- Trends in the Middle East and Africa
- Major department store retailers in the MEA region
- Innovations in the MEA region
- Definitions
- Methodology
Pricing
Currency Rates
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