global clothing & footwear retailing, 2013-2018 - sp.pdf · global clothing & footwear...

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Global Clothing & Footwear Retailing, 2013-2018

Market Dynamics, Online Trends and Competitive Landscape

Report Code: RT0101SR

Published: July 2014

Report Price: US$4,950 (Single Copy) for full report and US$1950 for individual regions and global summary


Global clothing and footwear retail sales are forecast to surpass US$2 trillion by 2018, with major impetus from developing

economies

China is forecast to be the largest clothing and footwear market globally by 2018, getting ahead of the US, the largest market in

2013 and Indonesia will make an entrance into the Top 10 markets

Specialist stores are set to remain the largest channel for clothing and footwear sales, however online and discount stores are

growing at a faster pace

Clothing and footwear is one of the largest sales categories over the online channel and, the channel is forecast to continue its

high growth over the next five years

Changing technology and faster communications will speed up and globalize fashion trends

The “Global Clothing and Footwear Retailing, 2013-2018” report, published by Conlumino, provides an analysis of current and

forecast market data of retail sales in the clothing and footwear categories across different channels globally. Also provides, clothing

and footwear data by sub-categories men, women and children. In addition, it highlights the largest and fastest growing markets for

the clothing and footwear categories identifying key trends influencing the markets, with an emphasis on innovative retailers across

different channels.

Summary

July 2014 RT0101SR

Key findings

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Reasons to buy

The report provides an essential overview of the global clothing and footwear retail market, highlighting the largest and

fastest growing markets across the globe.

Provides analysis of the latest trends, market dynamics (covering nine channels) and key innovations in retail space in

major countries across the four regions, of the Americas, Europe, Asia-Pacific, and the Middle East and Africa.

Identifies the largest and fastest growing channels for the category in major countries across the four regions as well as

the highest value growth

Benefit from a detailed analysis of key trends influencing the clothing and footwear retail market.

Monitor the competitive landscape, with analysis of key international players across the four regions.

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CONTENTS

Asia-Pacific Highlights clothing & footwear retail

market size in 2013 and its forecast

till 2018. With sub-category break for

Clothing - Menswear, Womenswear

and Childrenswear and Footwear -

Men‟s footwear, Women‟s Footwear

and Children‟s footwear

Biggest and fastest growing clothing

& footwear retail markets

Fastest growing clothing & footwear

retail market.

clothing & footwear retail trends

Major clothing & footwear retailers in

the region

Innovative clothing & footwear

retailers

Americas

Highlights clothing & footwear retail










retail market.



the region


retailers

Europe Highlights clothing & footwear retail










retail market.



the region


retailers

Middle East and

Africa Highlights clothing & footwear retail










retail market.



the region


retailers

Global analysis of Clothing

& Footwear Retail market

Introduces global clothing & footwear retail landscape, includes current

market size and forecast, highlights world‟s fastest growing markets and

channels. Also provides key trends, and sales developments in growth of

Clothing & footwear sales.

Conlumino

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China US Japan Russia Germany UK Brazil Italy India Indonesia

July 2014 RT0101SR

Top ten clothing & footwear markets by value 2013 (US$ billion)

US China Japan Germany Russia UK Italy Brazil India France

China is set to surpass the US as world’s largest market

Top ten clothing & footwear markets by value 2018 (US$ billion)

*New entrant in 2018 Source: Conlumino

*

Conlumino Global Clothing & Footwear Retailing, 2013-2018

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Top ten fastest growing clothing & footwear markets 2008-2013 (CAGR %)

Indonesia witnessed highest sales growth in review period

Indonesia China Hong Kong Philippines Colombia Saudi Arabia Chile Peru Malaysia New Zealand

China Indonesia Ukraine Philippines Hong Kong Russia Colombia Saudi Arabia Romania South Korea

Top ten fastest growing clothing & footwear markets 2013-2018 (CAGR %)

Source: Conlumino

Conlumino


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Conlumino

Global Clothing & Footwear retailing

July 2014 RT0101SR

Clothing total retail sales breakdown 2008, 2013 & 2018 (%)

Women's clothing and footwear remains the largest

Footwear total retail sales breakdown 2008, 2013 & 2018 (%)

2008

2008 2013 2018

Menswear

Womenswear

Childrenswear

2013 2018

Men's Footwear

Women's Footwear

Childrens' Footwear

Source: Conlumino

Conlumino


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Conlumino


July 2014 RT0101SR

Top five countries by channel sales for clothing & footwear market 2013-2018 (US$ billion)

China US Japan Russia Germany

Clothing, footwear, accessories and luxury goods specialists, 2013

China continue to be the largest market for specialist stores

Source: Conlumino

• Clothing, footwear, accessories, and luxury goods

specialists dominates as the major channel for sales

of clothing & footwear. A total of xx% of the total

global sales of clothing & footwear happens through

this channel.

• Growing middle class population, increasing

urbanization, changing lifestyles, and growing

disposable incomes are major drivers for the growth

of Chinese clothing and footwear market. An

increasing preference for shopping malls as overall

shopping and leisure destinations and a growing

number of specialist retailer outlets in these

locations, is helping the growth of this channel.

• Some of the developed markets such as the US and

Japan, are set to witness a decline in sales driven by

growing customer interest for low cost brands.

However, some of the major specialist retailers such

as Zara, H&M, UNIQLO, and C&A, are still

registering revenue growth influenced by their efforts

to provide greater product assortment at affordable

prices.

China US Russia Japan Germany

Clothing, footwear, accessories and luxury goods specialists, 2018

Conlumino


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Conlumino


July 2014 RT0101SR

Top three largest and fastest growing channels

Channel sales–

% of clothing & footwear sales 2013

Channel growth–

% CAGR 2013-2018

The Philippines is the new emerging market in the

region. The market has witnessed entrance of many

international players in the recent past. Strong hold of

home grown retailers makes it a very competitive

market for international retailers. Online sales are

expected to show a high growth in 2013-2018 and

department stores will remain the main channel for

the sales of the category.

Online - xx%

Duty free retailers –xx%

Hypermarkets,

supermarkets and hard-

discounters

-xx%

Clothing, footwear,

accessories and luxury

goods specialists – xx%

Department stores -xx%

Hypermarkets,


discounters – xx%

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nel China„s clothing & footwear market is one of the

fastest growing markets in the world. Increasing

disposable incomes and growing consumer spending

are attracting international players. The Chinese

preference for shopping at malls as a leisure activity

is largely helping the growth of the category.

Specialist retailers and department stores dominate

the market, however, the online channel is forecast to

witness a staggering CAGR of 48.05% in 2013-2018.

Online– xx%

Cash and carries and

warehouse clubs - xx%

Duty free retailers

- xx%

Clothing, footwear,


goods specialists -xx%


Other general and non-

specialist direct retailers

- xx%

Online - xx%

Hypermarkets,


discounters -xx%

Other specialist retailers

- xx%

Clothing, footwear,


goods specialists -xx%


Value, variety stores and

general merchandise

retailers – xx%

Strong scope for organized retailers, improving

economic conditions, and the economically active

middle class population is attracting international

retailers to the country. However, tough regulations in

multi-brand retailing are restricting multiple global

brands to enter the market. Modern retailing is

expected to grow and the tier 2 and 3 cities seem to

be the new destinations for the retailers.

India

China

Source: Conlumino

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Philippines

Conlumino



Table of contents

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Executive summary Global* Clothing & Footwear category sales set to reach US$2,157 billion by 2018

US leads Global and Americas sales but China is expected to surpass the US in total sales by 2018

Specialist stores is the largest channel but discount stores and online sales are expected to increase their

share

Saudi Arabia is registering the fastest growth rate in MEA driven by young demographic and growing

westernization

The US is the largest market for clothing & footwear in terms of total retail

Top ten largest and fastest clothing & footwear markets by value

Top five largest and fastest growing retail channels by value

Sub-category break for Clothing - Menswear, Womenswear and Childrenswear and Footwear -Men‟s

footwear, Women‟s Footwear and Children‟s footwear as % share of Total Retail Sales.

Covers the 50 largest retail markets . All data is in US$


Table of contents contd 1…..

July 2014 RT0101SR

Global analysis

Clothing and footwear total retail sales breakdown by sub-

category 2008, 2013 & 2018 (%)

Top ten largest clothing & footwear retail markets by sub-

category, 2013 & 2018

Top ten fastest growing markets and by increase in value

2008, 2013, 2018

Sub-categories share as % of total retail sales

Top ten markets for sub-categories by value, 2013 & 2018

Top five biggest and fastest growing channel, 2013 & 2018

Top five countries by channel sales, 2008 & 2018

Global clothing and footwear retail trends

Online clothing and footwear market is growing at rapid

pace

Changing demographic patterns and fashion trends

influence sales


Americas – Clothing & Footwear Retail Market Clothing & Footwear markets value and growth in the

region, 2013 & 2018

Clothing total retail spend breakup by country as share of

total retail sales

Clothing and footwear sub-category break-up of sales

Largest and fastest growing channels

Snippets of retail trends in Americas

Consumers preference for promotional offers continue in

the US

Growing middle class and rising fashion awareness makes

Brazil an attractive destination for retailers

Major clothing and footwear retailers in the region

Innovative retailers in the region

Europe – Clothing & Footwear Retail Market Clothing & Footwear markets value and growth in the

region, 2013 & 2018


total retail sales


Largest and fastest growing channels Snippets of retail trends in Europe

Private label is getting bigger in UK

Fast Fashion growing in France with strong demand for

low-priced products





Asia-Pacific – Clothing & Footwear Retail Market

Clothing & Footwear markets value and growth in the

region, 2013 & 2018


total retail sales



Snippets of retail trends in Asia-Pacific

Domestic brands to remain competitive in China

Department stores cashing on private label brands in India

to stimulate sales



Middle East and Africa (MEA) – Clothing & Footwear

Retail Market

Clothing & Footwear markets value and growth in the

region, 2013 & 2018


total retail sales



Snippets of retail trends in MEA

Young population and influence of western culture will

increase spending in Saudi Arabia

Real-estate and Tourism inflow fostering sales growth in

the UAE





Asia-Pacific Europe Europe Americas

Australia Belgium Austria Argentina

China Denmark Bulgaria Brazil

Hong Kong Finland Czech Republic Chile

India France Hungary Colombia

Indonesia Germany Poland Mexico

Japan Greece Romania Peru

Malaysia Ireland Russia Venezuela

New Zealand Italy Slovakia Middle East and Africa

Philippines Netherlands Turkey Egypt

Singapore Norway Ukraine Israel

South Korea Portugal Americas Saudi Arabia

Thailand Spain Canada South Africa

Sweden United States UAE

UK

Countries covered

Note: Forecast exchange rates for all countries can be provided on request


About Conlumino

July 2014 RT0101SR

Conlumino Global Retail offers a comprehensive 360° view of the retail landscape. A team of analysts, with more than 200

years of combined experience, help you identify and understand the most current retail trends.

Hundreds of retail businesses across the globe used our research to make critical business decisions.

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means,

electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, Conlumino.

The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the

findings, conclusions, and recommendations that Conlumino delivers will be based on information gathered in good faith

from both primary and secondary sources, whose accuracy we are not always in a position to guarantee. As such,

Conlumino can accept no liability whatsoever for actions taken based on any information that may subsequently prove to

be incorrect.

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