Rapports

Clothing and Footwear Retailing in South Africa- Market Summary and Forecasts ;Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019

Rapport
Titre
Clothing and Footwear Retailing in South Africa- Market Summary and Forecasts ;Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2019
1'187.50EUR
Langue
English
Pages
68
Secteur
Vente au détail
Date
Décembre 2015
Pays
Afrique du Sud
Type de Produit
Market Report
Description du rapport

The share of the clothing sector in overall retail sales is set to reach 9.1% by 2019. Young and fashion loving South African's always want to look beautiful and attractive. This trend has favored the growth of fast fashion stores in this sector which offers the clothes with new styles and designs at low prices. Increasing competition from department stores and online retailers has led to a surge in the mergers and acquisitions in footwear sector. Conversely, specialist retailers are increasing their product ranges and opting for multi-channel retail sales to withstand the completion.

Key Findings

- A wider choice of products, convenience, and the increasing penetration of smartphones is driving the sales of clothing and footwear through the online channel.

- Footwear sales are expected to grow at a CAGR of 3.1% during 2014-2019

- Clothing, footwear, accessories, and luxury goods specialists command the major share, accounting for 74.7% of total sales in the clothing sector followe

Table des matières

1Introduction

1.1 What is this Report About?

2 Executive Summary and Outlook

3 Market Context

3.1 Retail Scenario in South Africa

3.1.1 Stable economic conditions bode well for retailers

3.1.2 Being a consumption led economy augurs well for retailers

3.1.3 Services sector is the major sector for employment

3.1.4 Unemployment and labor unrest pose a challenge to the country's economy

3.1.5 Rising inflation rates - a key concern for retailers

3.1.6 Steady rise in consumption expenditure- an opportunity for retailers

3.1.7 Increasing urbanization offers growth opportunities for retailers

3.2 A major chunk of the population are young - a positive scenario for retail

4 South African Shoppers

4.1 South Africa presents more challenges than opportunities to newcomers

4.2 M-commerce on a rise as consumers increasingly adopt smartphones

4.3 Demand for private labels on a rise

4.4 Rising HNWI and aspirational middle class will support growth

4.5 Inbound tourism to boost retail sales

5 Doing Business in South Africa

5.1 Summary

5.1.1 Bureaucracy

5.1.2 Business culture

5.1.3 Infrastructure and logistics

5.2 Business reforms in South Africa

6 Retail - Product Sectors

6.1 Product Sector Analysis

6.1.1 Clothing

6.1.2 Footwear

6.2 Clothing and Footwear Category Overview

6.2.1 Clothing

6.2.2 Footwear

6.3 Major Retailers

6.3.1 Clothing

6.3.2 Footwear

7 Appendix

7.1 Definitions

7.1.1 This report provides 2014 actual sales; while forecasts are provided for 2015 - 2019

7.2 Summary Methodology

7.2.1 Overview

7.2.2 The triangulated market sizing method

7.2.3 Industry surveys in the creation of retail market data

7.2.4 Quality control and standardized processes

7.3 About Conlumino

7.4 Disclaimer

Description de l'éditeur

About Conlumino

Conlumino publishes a select range of analytical research covering a number of different sectors and issues. All of our published analysis provides an in-depth, expert understanding of markets, retailers, consumers and key issues. Moreover, it is always action focused so as well as helping you to understand what’s going on, it helps you to make better business decisions.

We work with many of the world’s leading retailers, property firms and those in the financial sector to help them maximize success through developing a thorough understanding of the sector and its likely future performance.

 

Contact:  Partner Supportpartnersupport@globaldata.com

                 Sunil Sethia ssethia@globaldata.com