Press release
Clothing, Footwear and Accessories Retailing Market Is Gaining Momentum by Key Players Magic, UNIQLO, Nike, Robinsons
Clothing, Footwear and Accessories Retailing Market
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Summary
This databook uses data from GlobalData’s Retail database showing the trends in the market and sectors by value. It also reveals the major retailers by market share in 2020 in each of the sectors. All data includes the impact COVID-19 has had on sales in 2020 (forecasted at the date of publication).
This databook provides both the historic and forecast market data of total retail sales, and the clothing, footwear and accessories market in Philippines. It illustrates the data with charts, graphs and tables summarizing the value, with category details in clothing, footwear and accessories sector. The forecasts include the impact of COVID-19 on growth. The databook also reveals major retailers share in clothing, footwear and accessories sector with their price and market positioning in 2020.
Scope
- The overall retail industry in Philippines is forecast to grow at a CAGR of 7.7% between 2020 and 2025 to reach ₱ 11,601 bn.
- Clothing, Footwear & Accessories will grow at 11.8% to reach ₱ 604.1bn by 2025. Womenswear and Women’s footwear are the dominating categories.
- Clothing, footwear and accessories specialist channel registers the maximum market share in 2020 but online channel is expected to see the maximum grow at a CAGR of 31.3% between 2020-2025 to reach ₱ 214.7bn in 2025.
- The sector is dominated by mass market players who account for 83.1% of market share in 2020
- The SM Store led the market in 2020. However, only Magic and Zalora showed sales growth in 2020 despite COVID-19.
Reasons to Buy
- Gain a comprehensive view of the clothing, footwear and accessories market and forecasts to 2025
- Explore new opportunities that will allow you to align your product offerings and strategies to meet demand following the impact of COVID-19 on the retail market
- Investigate current and forecast trends in clothing, footwear and accessories sector to identify the opportunities offering the most potential
- Understand who the main competitors are in the sector and their price positioning
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Companies Mentioned in the Report
The SM Store
New City Commercial Corporation Mall
Magic
UNIQLO
Nike
Robinsons
Gaisano Capital
H&M
Zalora
Wrangler
Table of Contents
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