Rapports

Luggage and Leather Goods 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
Luggage and Leather Goods 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
46
Secteur
Vente au détail
Date
Décembre 2015
Pays
Afrique du Sud
Type de Produit
Market Report
Description du rapport

South Africa's retail market for luggage and leather goods will witness a CAGR of 5.2% over 2014-2019, to reach ZAR14.3 billion by 2019. Per capita spending on luggage and leather goods in South Africa is also anticipated to grow at a CAGR of 3.9% over the next five years. Increasing purchasing power and fashion consciousness among consumers have successfully transformed the category over the last five years.

Key Findings

- Luggage and leather goods sales accounted for a marginal share of 1.18% of the total retail sales in 2014.

- Online is the fastest-growing channel in the luggage and leather goods category

- Commanding a 44.1% share of the overall sales in the segment, specialist retailers dominate the luggage and leather goods market in South Africa.

Synopsis

“Luggage and Leather Goods Retailing in South Africa - Market Summary and Forecasts” is a detailed sector report providing a comprehensive analysis of the emerging trends, forecasts and opportunities to 2019.

What else d

Table des matières

1. Introduction

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 Luggage and Leather Goods

6.2 Luggage and Leather Goods Category Overview

6.2.1 Luggage and Leather Goods

6.3 Major Retailers

6.3.1 Luggage and Leather Goods

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.

 

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                 Sunil Sethia ssethia@globaldata.com