Market Overview:
The global department stores market is expected to grow at a CAGR of 3.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into large size and small size department stores. Large size department stores are further sub-segmented into hypermarkets and supermarkets, while small size department stores are further sub-segmented into convenience stores and independent retailers. On the basis of application, clothing and footwear accounted for the largest share in 2017, followed by home appliances, bags wallets & luggage, watches & jewelry, cosmetics & fragrances etc.
Product Definition:
Department stores are retail outlets that sell a wide range of products, typically including clothing, furniture, and appliances.
Large Size:
Large size is a category of clothing in which the dimension from the shoulder to hem or ankle is more than 48 inches. The term large size has two different usages in the retail industry, one for apparel and other for furniture & appliances.
Small Size:
Small size is the most preferred category in department stores. It includes clothing, accessories, footwear and other products like cosmetics and homeware. The market for small size products is growing at a rapid pace due to increasing consumer preference towards buying clothes that are comfortable and suitable for daily use. Small sizes are more convenient as they take less space in the store’s racks or fitting rooms while offering the same product features as large sizes do.
Application Insights:
The clothing and footwear application segment accounted for the largest share of over 30.0% in 2017. The growing trend of online retailing coupled with high demand for fashionable clothes among the youth population is expected to drive growth over the forecast period. Department stores have a wide range of offerings including ready-to-wear, formal wear, casual wear, and accessories along with home furniture and appliances which has resulted in gaining a significant share in this segment.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing per capita income, changing consumer preferences, and high spending power of consumers. Asia Pacific is projected to witness significant growth over the coming years owing to improving economic conditions and rising disposable incomes in emerging countries such as China and India. Furthermore, expansion of large format stores across countries such as Japan will boost regional growth further on account of growing demand for premium products at lower prices along with rapid adoption of advanced technologies by retailers.
The European market was valued at USD X billion in 2017; however it is anticipated that this number will decline gradually over a period of eight years due to stringent regulations regarding store size imposed by regulatory bodies like Town Planning Law (Italy), Regional Plan (Germany) or National Development Plan (UAE).
Growth Factors:
- Department stores are evolving to meet the needs of modern shoppers. They are offering more personalized service, unique experiences, and a wider range of products.
- Department stores are benefiting from the growth of online shopping. Shoppers can browse their catalogs online and order products for delivery or pickup in store.
- Department stores are expanding their reach by opening new locations and partnering with other retailers to offer shared services such as checkout, returns, and shipping options.
- Department stores are using technology to improve the customer experience both in-store and online. This includes features like digital signage, interactive displays, augmented reality dressing rooms, and mobile apps that allow shoppers to shop anywhere anytime.. 5)Department Stores market is growing due to increase in disposable income
Scope Of The Report
Report Attributes
Report Details
Report Title
Department Stores Market Research Report
By Type
Large Size, Small Size
By Application
Clothing and Footwear, Home and Kitchen Appliances, Bags, Wallets and Luggage, Watches and Jewelry, Cosmetics and Fragrances, Toys, Others
By Companies
Wal-Mart, Costco, Metro AG, Kroger, Carrefour, Target, Macy's, Sears, Kohl's, Nordstrom, JCPenney, CR Vanguard, RT-MART, BHG, Bailian Group, Yonghui Superstores, Trust-Mart
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Department Stores Market Report Segments:
The global Department Stores market is segmented on the basis of:
Types
Large Size, Small Size
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Clothing and Footwear, Home and Kitchen Appliances, Bags, Wallets and Luggage, Watches and Jewelry, Cosmetics and Fragrances, Toys, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wal-Mart
- Costco
- Metro AG
- Kroger
- Carrefour
- Target
- Macy's
- Sears
- Kohl's
- Nordstrom
- JCPenney
- CR Vanguard
- RT-MART
- BHG
- Bailian Group
- Yonghui Superstores
- Trust-Mart
Highlights of The Department Stores Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Large Size
- Small Size
- By Application:
- Clothing and Footwear
- Home and Kitchen Appliances
- Bags, Wallets and Luggage
- Watches and Jewelry
- Cosmetics and Fragrances
- Toys
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Department Stores Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Department stores are retail establishments that sell a wide variety of products, including clothing, household goods, and electronics.
Some of the major players in the department stores market are Wal-Mart, Costco, Metro AG, Kroger, Carrefour, Target, Macy's, Sears, Kohl's, Nordstrom, JCPenney, CR Vanguard, RT-MART, BHG, Bailian Group, Yonghui Superstores, Trust-Mart.
The department stores market is expected to grow at a compound annual growth rate of 3.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Department Stores Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Department Stores Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Department Stores Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Department Stores Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Department Stores Market Size & Forecast, 2018-2028
4.5.1 Department Stores Market Size and Y-o-Y Growth
4.5.2 Department Stores Market Absolute $ Opportunity
Chapter 5 Global Department Stores Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Department Stores Market Size Forecast by Type
5.2.1 Large Size
5.2.2 Small Size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Department Stores Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Department Stores Market Size Forecast by Applications
6.2.1 Clothing and Footwear
6.2.2 Home and Kitchen Appliances
6.2.3 Bags
6.2.4 Wallets and Luggage
6.2.5 Watches and Jewelry
6.2.6 Cosmetics and Fragrances
6.2.7 Toys
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Department Stores Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Department Stores Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Department Stores Analysis and Forecast
9.1 Introduction
9.2 North America Department Stores Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Department Stores Market Size Forecast by Type
9.6.1 Large Size
9.6.2 Small Size
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Department Stores Market Size Forecast by Applications
9.10.1 Clothing and Footwear
9.10.2 Home and Kitchen Appliances
9.10.3 Bags
9.10.4 Wallets and Luggage
9.10.5 Watches and Jewelry
9.10.6 Cosmetics and Fragrances
9.10.7 Toys
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Department Stores Analysis and Forecast
10.1 Introduction
10.2 Europe Department Stores Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Department Stores Market Size Forecast by Type
10.6.1 Large Size
10.6.2 Small Size
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Department Stores Market Size Forecast by Applications
10.10.1 Clothing and Footwear
10.10.2 Home and Kitchen Appliances
10.10.3 Bags
10.10.4 Wallets and Luggage
10.10.5 Watches and Jewelry
10.10.6 Cosmetics and Fragrances
10.10.7 Toys
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Department Stores Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Department Stores Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Department Stores Market Size Forecast by Type
11.6.1 Large Size
11.6.2 Small Size
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Department Stores Market Size Forecast by Applications
11.10.1 Clothing and Footwear
11.10.2 Home and Kitchen Appliances
11.10.3 Bags
11.10.4 Wallets and Luggage
11.10.5 Watches and Jewelry
11.10.6 Cosmetics and Fragrances
11.10.7 Toys
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Department Stores Analysis and Forecast
12.1 Introduction
12.2 Latin America Department Stores Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Department Stores Market Size Forecast by Type
12.6.1 Large Size
12.6.2 Small Size
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Department Stores Market Size Forecast by Applications
12.10.1 Clothing and Footwear
12.10.2 Home and Kitchen Appliances
12.10.3 Bags
12.10.4 Wallets and Luggage
12.10.5 Watches and Jewelry
12.10.6 Cosmetics and Fragrances
12.10.7 Toys
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Department Stores Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Department Stores Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Department Stores Market Size Forecast by Type
13.6.1 Large Size
13.6.2 Small Size
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Department Stores Market Size Forecast by Applications
13.10.1 Clothing and Footwear
13.10.2 Home and Kitchen Appliances
13.10.3 Bags
13.10.4 Wallets and Luggage
13.10.5 Watches and Jewelry
13.10.6 Cosmetics and Fragrances
13.10.7 Toys
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Department Stores Market: Competitive Dashboard
14.2 Global Department Stores Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wal-Mart
14.3.2 Costco
14.3.3 Metro AG
14.3.4 Kroger
14.3.5 Carrefour
14.3.6 Target
14.3.7 Macy's
14.3.8 Sears
14.3.9 Kohl's
14.3.10 Nordstrom
14.3.11 JCPenney
14.3.12 CR Vanguard
14.3.13 RT-MART
14.3.14 BHG
14.3.15 Bailian Group
14.3.16 Yonghui Superstores
14.3.17 Trust-Mart
