Global Department Stores Retailing Market is Expected to Grow at a CAGR of 5.4% in 2020

"The Report Global Department Stores Retailing 2015-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

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.

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

View Report @ http://www.marketresearchreports.biz/analysis/879310

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

Get Sample Copy of this Report @
http://www.marketresearchreports.biz/sample/sample/879310

Reasons To Buy

- 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

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
USA: Canada Toll Free: 866-997-4948
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz

This release was published on openPR.