Clothing & Footwear Retailing in Portugal, Market Shares, Summary & Forecasts to 2021
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Clothing & Footwear Retailing in Portugal
Overview
Clothing & footwear is the second largest sector in the Portuguese retail industry, accounting for 14% in 2016. Sector sales stood at €6.5 billion in 2016; clothing was the largest category and generated 73.8% of total sector sales. Sales are projected to grow at a CAGR of 1.5% during 2016-2021, supported by economic growth, growing e-commerce, and rising tourism in the country.
Specialists is the biggest channel in the sector with 72.6% sales share in 2016, while online is the fastest-growing channel and is projected to become the second largest channel by 2021. The sector is dominated by international retailers operating in the mass market segment. Zara, a Spanish brand, was the market leader in 2016 with 11.3% market share, followed by MO (3.9%) and Continente (2.6%).
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Top Companies mentioned
MO
Continente
Primark
Marques Soares
H&M
Clarks
Ecco
Clothing & Footwear Retailing in Portugal Industry Major Outlook
"Clothing & Footwear Retailing in Portugal, 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 Portugal - Competitive Analysis
Key players are making innovative developments in Clothing & Footwear Retailing in Portugal 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
Vivian Dsena
on Tuesday March 27 2018, 3:16 AM EST.
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