Department Stores Retailing in Asia-Pacific, 2015-2020

LONDON, Dec. 18, 2016 /PRNewswire/ --

Summary

The Asia-Pacific department store retail sales is expected to grow faster during 2015-2020 against historic period. China dominates the regional market representing 38.3% of the Asia-Pacific's department stores retail sales. China will continue to be the largest value contributor, followed by Japan, which is set to record a CAGR of 3.7%. Indonesia is forecast to be the fastest-growing country driven by positive economic conditions and the success of leading retailers in Indonesia are attracting new players to the market.

Key Findings

- China is the largest market in the region and will continue to continue its position in 2020

- Indonesia is set be the fastest growing market for department stores in the region followed by India

- Contracting profits is making Chinese department stores retailers to transform

- Sales from foreign tourists through department stores have been falling year on year in Japan

- Clothing and footwear continues to be a major category sold through department stores

Synopsis

- Provides a comprehensive view of the Asia-Pacific's department stores retail landscape, including current market sizes and category forecasts to 2020; and highlights the Asia-Pacific's s fastest growing markets and category groups

- Details market size and category forecasts for each region and countries, and features major retailers, key innovative retailers, and department store retail trends

- The report covers 12 largest retail markets in Asia-Pacific

Reasons To Buy

- The report provides an essential overview of the department stores retail market in Asia-Pacific, highlighting the largest and fastest growing markets.

- Provides analysis of the latest trends, market dynamics (covering 9 category groups) and key innovations in retail space in major countries across the region

- Identify the largest and fastest growing categories in major countries across the region

- Benefit from a detailed analysis of key trends influencing the department store retail market

- Monitor the competitive landscape, with analysis of key players across the region

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