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Department Stores Market, Global Outlook and Forecast 2023-2029

Department Stores Market, Global Outlook and Forecast 2023-2029

  • Published on : 10 June 2023
  • Pages :103
  • Report Code:SMR-7710223

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Report overview

The department stores & other general merchandise stores market comprises establishments selling a wide variety of products such as housewares, furniture, consumer electronics, toiletries, toys, greeting cards, plastic wares, hardware, jewelry items, shoes, kitchen appliances, clothes, readymade garments, bakery, music world, gift items, cell phones, home appliances, cooking wares, furniture, sports equipment, frozen food and grocery items. They operate from fixed point-of-sale locations with equipment and staff capable of retailing a large variety of goods from a single location.
This report aims to provide a comprehensive presentation of the global market for Department Stores, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Department Stores. This report contains market size and forecasts of Department Stores in global, including the following market information:
Global Department Stores Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Department Stores market was valued at US$ 542640 million in 2022 and is projected to reach US$ 671960 million by 2029, at a CAGR of 3.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Western Europe was the largest region in the department stores & other general merchandise stores market in 2017, accounting for around 30% of the market. This can be attributed to the region?s developed economy, high private investment, and large demand for high-end FMCG products. Asia Pacific was the second largest region accounting for around 24% of the market. Middle East was the smallest region accounting for around 4% of the market. This was mainly because the Middle East is economically the smallest region.
We surveyed the Department Stores companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Department Stores Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Department Stores Market Segment Percentages, by Type, 2022 (%)
Large Size
Small Size
Global Department Stores Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Department Stores Market Segment Percentages, by Application, 2022 (%)
Clothing and Footwear
Home and Kitchen Appliances
Bags, Wallets and Luggage
Watches and Jewelry
Cosmetics and Fragrances
Toys
Others
Global Department Stores Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Department Stores Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Department Stores revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Department Stores revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Department Stores, market overview.
Chapter 2: Global Department Stores market size in revenue.
Chapter 3: Detailed analysis of Department Stores company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Department Stores in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.