Alternative Channels are A Reigning Threat to the Global Department Stores Market - ResearchAndMarkets.com

DUBLIN--()--The "Department Stores - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Department Stores estimated at US$506.5 Billion in the year 2020, is projected to reach a revised size of US$654.3 Billion by 2027, growing at a CAGR of 3.7% over the period 2020-2027.

The Department Stores market in the U.S. is estimated at US$136.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$138.3 Billion by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Select Competitors (Total 357 Featured):

  • Debenhams Retail PLC
  • House of Fraser
  • J.C. Penney Co., Inc.
  • Macy's, Inc.
  • Sears Brands LLC

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • COVID-19 Crisis Strikes a Blow to Department Stores
  • Industry Brief
  • Leading Segments
  • Competition
  • Transformation of Vacant Department Stores

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Improvement in Per Capita Disposable Income of People to Drive Demand
  • Alternative Channels: A Reigning Threat
  • eCommerce Poses a Major Challenge to Department Stores
  • Major Trends Transforming The Retail Landscape
  • Shrinking Apparel Budgets Impacts Store Revenues
  • Changing consumer Shopping Trends and Impact on Department Stores
  • Middle Class Spending Influences Store Performance
  • Department Stores Up their Online Presence
  • Retail Market Expansions
  • Plummeting Department Store Scenario in the US: A Review

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ezvxm3

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900