Clothing & Footwear Retailing in Netherlands, 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 Netherlands, Market Shares, Summary and Forecasts to 2021”
Clothing & Footwear Retailing in Netherlands
Overview
Clothing & footwear is the second largest sector, accounting for 13% of total retail industry sales in 2016. Sector sales are expected to grow at a CAGR of 1.8% during 2016-2021 to reach €16.4 billion by 2021. According to Central Bureau of Statistics, economic recovery improved consumer spending, which encouraged sales in the clothing & footwear sector.
However, sales growth remained slow as a result of the previous economic crisis, which led Dutch consumers becoming price sensitive. While specialist stores’ sales declined, online retail sales surged. During 2011-2016, online sales of clothing & footwear grew at a CAGR of 19.2%, a threefold increase. A wide range of products at value pricing remained the key factor behind the online growth.
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Major Companies mentioned
C&A
Hema
Action
Zeeman
Wehkamp
Wibra
Clothing & Footwear Retailing in Netherlands Major Outlook
- Economic recovery and improving employment boost sales in retail industry
- Clothing & footwear sales improve as economy recovers, but growth remains slow
- Specialist stores losing sales share to online retail
- Sector is dominated by international players
- H&M leads the market, supported by a growing store network and surging online sales
- All the top 10 retailers fall in the value and mass market segments
- Footwear sales improve, although growth remains moderate
- Men’s footwear sales yet to reach pre-crisis levels
Clothing & Footwear Retailing in Netherlands - Competitive Analysis
Key players are making innovative developments in Clothing & Footwear Retailing in Netherlands. The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector
Scope
In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
- The report also details major retailers in clothing and footwear category group with their product proposition analysis and market positioning in 2016 along with recent key developments
- Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
- Retail sales and the fastest-growing product categories in clothing and footwear sector
- Qualitative and quantitative insights of changing retail dynamics in clothing and footwear sector
.Continued
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Posted by
Vivian Dsena
on Wednesday March 28 2018, 2:18 AM EST.
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