Global Department Stores Market Size study & Forecast, by Product Type(Apparel and Accessories, FMCG, Hardline and Softline)and Regional Analysis, 2023-2030

Description

List of Tables

Global Department Stores Market is valued at approximately USD 121.78 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.1% over the forecast period 2023-2030. Department stores market are stores where customers can shop everything they need with ease and comfort also they can find every product category under one roof in an organized manner. The Department Stores market is expanding because of factors such as it provides comfort and ease for customers, moreover rise in income and population in urban sectors drives the market to grow. However, the rise in people shifting to e-commerce platforms and the non-adoption of emerging technology by departmental stores might hinder market growth.

Due to comfort and ease and additionally save in consumers energy the popularity of people buying from departmental stores is increasing as, they can shop everything they need under one store weather the product they need is of everyday use or it is luxurious, this benefits the consumers. Rising shift in e commerce platform might hinder the market but seeing the statistics provided by frontiers in January 2022 there are still 33% of consumers who gets satisfaction of buying the product once they physically touch and view it. Additionally, 65% of the consumers buy products from these stores because they want to avoid the additional cost added by e commerce platforms such as shipping cost. According to World Bank, in April 2023 56% of the world's population is living in cities this rise of people shifting to cities and adopting the lifestyle of people living there is also rising the department store market. Moreover, if we will see the future statistics it is projected that approx. 7 billion people tends to start living in cities by 2050, which again rises the population in urban sector and then the customers buying from departmental sectors as more population leads to more customers. This future rise in population in cities gives a great opportunity to departmental store market to grow.

The key regions considered for the Global Department Stores Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to the rise in urbanization and department stores providing convenience and everything under one roof are major factors which allow the market to grow in this region. Moreover, presence of more departmental stores in this market are making this market grow. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as growing digitization, rise in income of people, and changes in the lifestyle of middle-class families are helping the market to grow in this region.

Major market player included in this report are:

Walmart Inc.
Costco Wholesale corporation
The Kroger Co.
Marks and Spencer Group Plc
Macy's Inc
Sears Holdings Corp
Target Corporation
Nordstrom, Inc.
Isetan Mitsukoshi Holdings Ltd.
Kohl's Corporation

Recent Developments in the Market:

In Aug 2023, Marks and Spencer Group Plc announces a new castle store transformation with USD 16.34m investment in the North East it has updated two more stores in Newcastle M&S Silverlink and M&S Gosforth Foodhall which had relaunched with the retailer's new design and feature in-store technologies to make shopping more easy, including Digitalization and mobile in-app purchasing with Scan & Shop.
In March 2022, Target tends to approximately open 30 stores reaching every area so that it is more convenient to people as they need not travel more also the stores Will be located in every area that is from mid-size locations to small format stores in city center, this opening of more store will help Target to reach more customers and meet community need.

Global Department Stores Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product type:

Apparel and Accessories
FMCG
Hardline and Softline

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Department Stores Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Department Stores Market, by Product Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Department Stores Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Department Stores Market Dynamics

3.1. Department Stores Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Comfort and ease to customers
  - 3.1.1.2. Rise in Urban population
- 3.1.2. Market Challenges
  - 3.1.2.1. Rise in people shifting to e-commerce platforms
  - 3.1.2.2. Non-acceptance of growing technologies by departmental stores
- 3.1.3. Market Opportunities
  - 3.1.3.1. Offering discounts on products occasionally
  - 3.1.3.2. Changes in lifestyle and rise in Income

Chapter 4. Global Department Stores Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Department Stores Market, by Product Type

5.1. Market Snapshot
5.2. Global Department Stores Market by Product Type, Performance - Potential Analysis
5.3. Global Department Stores Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Department Stores Market, Sub Segment Analysis
- 5.4.1. Apparel and Accessories
- 5.4.2. FMCG
- 5.4.3. Hardline and Softline

Chapter 6. Global Department Stores Market, Regional Analysis

6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Department Stores Market, Regional Market Snapshot
6.4. North America Department Stores Market
- 6.4.1. U.S. Department Stores Market
  - 6.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
- 6.4.2. Canada Department Stores Market
6.5. Europe Department Stores Market Snapshot
- 6.5.1. U.K. Department Stores Market
- 6.5.2. Germany Department Stores Market
- 6.5.3. France Department Stores Market
- 6.5.4. Spain Department Stores Market
- 6.5.5. Italy Department Stores Market
- 6.5.6. Rest of Europe Department Stores Market
6.6. Asia-Pacific Department Stores Market Snapshot
- 6.6.1. China Department Stores Market
- 6.6.2. India Department Stores Market
- 6.6.3. Japan Department Stores Market
- 6.6.4. Australia Department Stores Market
- 6.6.5. South Korea Department Stores Market
- 6.6.6. Rest of Asia Pacific Department Stores Market
6.7. Latin America Department Stores Market Snapshot
- 6.7.1. Brazil Department Stores Market
- 6.7.2. Mexico Department Stores Market
6.8. Middle East & Africa Department Stores Market
- 6.8.1. Saudi Arabia Department Stores Market
- 6.8.2. South Africa Department Stores Market
- 6.8.3. Rest of Middle East & Africa Department Stores Market

Chapter 7. Competitive Intelligence

7.1. Key Company SWOT Analysis
- 7.1.1. Company 1
- 7.1.2. Company 2
- 7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
- 7.3.1. Walmart Inc.
  - 7.3.1.1. Key Information
  - 7.3.1.2. Overview
  - 7.3.1.3. Financial (Subject to Data Availability)
  - 7.3.1.4. Product Summary
  - 7.3.1.5. Recent Developments
- 7.3.2. Costco Wholesale corporation
- 7.3.3. The Kroger Co.
- 7.3.4. Marks and Spencer Group Plc
- 7.3.5. Macy's Inc
- 7.3.6. Sears Holdings Corp
- 7.3.7. Target Corporation
- 7.3.8. Nordstrom, Inc.
- 7.3.9. Isetan Mitsukoshi Holdings Ltd.
- 7.3.10. Kohl's Corporation

Chapter 8. Research Process

8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Department Stores Market, report scope
TABLE 2. Global Department Stores Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Department Stores Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Department Stores Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 5. Global Department Stores Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Department Stores Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Department Stores Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Department Stores Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Department Stores Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Department Stores Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Department Stores Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Department Stores Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Department Stores Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. U.S. Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 16. U.S. Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. Canada Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. Canada Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. UK Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. UK Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Germany Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. Germany Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. France Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. France Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Italy Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. Italy Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Spain Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Spain Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. RoE Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. RoE Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. China Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. China Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. India Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. India Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. Japan Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. Japan Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. South Korea Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. South Korea Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Australia Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. Australia Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. RoAPAC Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. RoAPAC Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Brazil Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. Brazil Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Mexico Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Mexico Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. RoLA Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. RoLA Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Saudi Arabia Department Stores Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. South Africa Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoMEA Department Stores Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. List of secondary sources, used in the study of global Department Stores Market
TABLE 69. List of primary sources, used in the study of global Department Stores Market
TABLE 70. Years considered for the study
TABLE 71. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Department Stores Market, research methodology
FIG 2. Global Department Stores Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Department Stores Market, key trends 2022
FIG 5. Global Department Stores Market, growth prospects 2023-2030
FIG 6. Global Department Stores Market, porters 5 force model
FIG 7. Global Department Stores Market, pest analysis
FIG 8. Global Department Stores Market, value chain analysis
FIG 9. Global Department Stores Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Department Stores Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Department Stores Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Department Stores Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Department Stores Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Department Stores Market, regional snapshot 2020 & 2030
FIG 15. North America Department Stores Market 2020 & 2030 (USD Billion)
FIG 16. Europe Department Stores Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Department Stores Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Department Stores Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Department Stores Market 2020 & 2030 (USD Billion)