Global Department Stores Retailing Market is expected to grow at a CAGR of 5.4% during the Period 2015 - 2020

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Summary

Global Department Store Retail Market is expected to grow at a CAGR of 5.4% during 20152020, 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.

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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

Synopsis

- Provides a comprehensive view of the global department stores retail landscape, including current market sizes and category forecasts to 2020; and highlights the worlds 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

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Table of Contents

Highlights

Global Department Stores Retailing, 20152020
Executive Summary
Global Department Stores Retailing
The market
Category Analysis
Trends
Key department store retailers
Department stores retailing in the Americas - The market, category analysis and trends
Major retailers and retail innovations in the Americas
Department stores retailing in Europe - The market, category analysis and trends
Major retailers and retail innovations in Europe
Department stores retailing in Asia-Pacific - The market, category analysis and trends
Major retailers and retail innovations in Asia-Pacifi
Department stores retailing in the Middle East and Africa - The market, category analysis and trends
Major retailers and retail innovations in the Middle East and Africa

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