Clothing & Footwear Retailing in Colombia, Market Shares, Summary & Forecasts to 2021

WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Clothing & Footwear Retailing in Colombia, Market Shares, Summary & Forecasts to 2021”

Clothing & Footwear Retailing in Colombia

Overview

Government infrastructure and technology investments, the growing middle class, and emergence of ecommerce will help to maintain the growth rate for the retail industry. The industry is expected to grow at a CAGR of 4.1% during 2016-2021, to reach sales of COP266,215 bn in 2021.

The growing household income among young people and women, and increasing fashion awareness, will lead the growth of the sector, which is expected to grow at a CAGR of 4.2% during 2016 -2021. Retailer Ara leads the sector with market share of 2.5% in 2016. Domestic retailers dominate sector sales, with seven of the top 10 spots.

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Top Companies mentioned

Crystal

Falabella

Arturo Calle

StudioF

Bata

Vélez

Leonisa

Clothing & Footwear Retailing in Colombia Industry Major Outlook

"Clothing & Footwear Retailing in Colombia, Market Shares, Summary & Forecasts to 2021", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Chile retail environment. In addition, it analyzes the key consumer trends influencing Chile clothing and footwear industry.

Clothing & Footwear Retailing in Colombia - Competitive Analysis

Key players are making innovative developments in Clothing & Footwear Retailing in Colombia industry.  The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector

Scope

- Clothing & footwear is the second largest sector and accounted for 14% of retail sales in 2016
- The hypermarkets, supermarkets, and hard discounters channel is the fastest growing channel and is expected to grow at a CAGR of 6.9% during 2016-2021
- The sector is fragmented, with the top ten players accounting for only 16.2% market share in 2016
- Overall sales are expected to register a CAGR of 4.2% between 2016 and 2021, to reach a sales value of COP37,319 billion in 2021
- Clothing & footwear is fast- growing for online shopping in Colombia

.Continued

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Posted by on Tuesday March 27 2018, 2:47 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0

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