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Off Price Retail Market Size, Regional Status and Prospect 2023 | Strategic Investment Plans, Business Opportunities, SWOT Analysis, Regional Growth Challenges upto 2031

PRWireCenter - Thu Aug 17, 2023

Market Overview:
Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to other stores which purchased an initial run. Among the largest retailers of this type are TJX Companies and Ross Stores. The model is more common in countries that import fashion-oriented or household goods, as the discount role in producer countries is usually filled by factory outlets or small-scale open-air marketplaces.The global Off Price Retail market was valued at USD 3262390 million in 2022 and is anticipated to reach USD 5240600 million by 2029, witnessing a CAGR of 8.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.Global key players of off price retail include COSTCO, Shoprite Holdings, Pick n Pay, PEP Africa, Bim A.Ş., etc. The top five players hold a share about 22%. North America is the largest market, has a share about 43%, followed by Europe and Asia-Pacific, with share 28% and 25%, separately.This report aims to provide a comprehensive presentation of the global market for Off Price Retail, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Off Price Retail.The Off Price Retail market size, estimations, and forecasts are provided in terms of and revenue (millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Off Price Retail market comprehensively. Regional market sizes, concerning products by type, by sales channel, and by players, are also provided.For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.The report will help the Off Price Retail companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments,
This Off Price Retail Market Research Report provides a complete analysis and insights into the market’s size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and regional industrial presence. The goal of the market research is to obtain a complete understanding of the Service & Software industry and its business potential. The Off Price Retail Market Report is 95 pages long and includes a comprehensive table of contents, 137 a list of figures, tables and charts, as well as extensive analysis.

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Competitive Landscape:
The Top Key Players in the Off Price Retail industry are as follows:

  • TJX Companies
  • Ross Stores
  • Burlington Stores
  • Nordstrom Rack
  • Macy’s Backstage
  • Saks Off 5th
  • Bluefly
  • Geo Holdings Corporation
  • COSTCO
  • BFL Group
  • Landmark Group
  • Day to Day
  • Bim A.Ş.
  • Şok Marketler
  • Discount My Fashion (DMF)
  • PEP Africa
  • Pick n Pay
  • Melbro Group
  • Shoprite Holdings

and More..

These significant firms utilize a range of tactics to establish market brand identification, including product launch, merger and acquisition, acquisition, joint venture, and partnership.

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Market Segmentation:
Breakup by Product Type:

  • Retail Apparel and Footwear
  • Home Fashions
  • Jewelry and Accessories
  • Others

Breakup by Application:

  • Online Sales
  • Offline Sales

Regional Insights:
The countries section of the research includes selected market variables that drive current and future market developments. Consumption, import/export analysis, material prices, and upstream and downstream value chain analysis are some indicators utilized to estimate each country’s market position.

Geographically,

  • North America (US, Canada, Mexico)
  • Europe (UK, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
  • Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of LA)
  • Middle East and Africa (Turkey, GCC, Rest of Middle East)

This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region.

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The epidemic is still causing tremendous disruption in industries throughout the world. We’ve been tracking the direct and indirect consequences of the COVID-19 outbreak on the Off Price Retail market. To Know How Covid-19 Pandemic will Impact this Industry –https://www.precisionreports.co/enquiry/request-covid19/23462764

Table of Contents:
With tables and figures to help analyze the global Off Price Retail market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

1 Off Price Retail Market Overview
1.1 Product Scope
1.2 Segment by Type
1.3 Segment by Application
1.4 Market Estimates and Forecasts (2018-2029)
1.4.1 Global Market Size in Value Growth Rate (2018-2029)
1.4.2 Global Market Size in Volume Growth Rate (2018-2029)
1.4.3 Global Price Trends (2018-2029)

2 Off Price Retail Estimates and Forecasts by Region
2.1 Global Market Size by Region: 2018 VS 2022 VS 2029
2.2 Global Retrospective Market Scenario by Region (2018-2023)
2.2.1 Global Sales Market Share by Region (2018-2023)
2.2.2 Global Revenue Market Share by Region (2018-2023)
2.3 Global Market Estimates and Forecasts by Region (2024-2029)
2.3.1 Global Sales Estimates and Forecasts by Region (2024-2029)
2.3.2 Global Revenue Forecast by Region (2024-2029)
2.4 Geographic Market Analysis: Market Facts & Figures
2.4.1 United States Estimates and Projections (2018-2029)
2.4.2 Europe Estimates and Projections (2018-2029)
2.4.3 China Estimates and Projections (2018-2029)
2.4.4 Japan Estimates and Projections (2018-2029)
2.4.5 Southeast Asia Estimates and Projections (2018-2029)
2.4.6 India Estimates and Projections (2018-2029)

3 Global Off Price Retail Competition Landscape by Players
3.1 Global Top Players by Sales (2018-2023)
3.2 Global Top Players by Revenue (2018-2023)
3.3 Global Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue)
3.4 Global Average Price by Company (2018-2023)
3.5 Manufacturing Sites, Area Served, Product Type
3.6 Mergers & Acquisitions, Expansion Plans

4 Global Off Price Retail Market Size by Type
4.1 Global Historic Market Review by Type (2018-2023)
4.2 Global Market Estimates and Forecasts by Type (2024-2029)

5 Global Market Size by Application
5.1 Global Historic Market Review by Application (2018-2023)
5.2 Global Market Estimates and Forecasts by Application (2024-2029)

6 United States Market Facts & Figures
6.1 United States Sales by Company
6.2 United States Sales Breakdown by Type
6.3 United States Sales Breakdown by Application

7 Europe Market Facts & Figures
7.1 Europe Sales by Company
7.2 Europe Sales Breakdown by Type
7.3 Europe Sales Breakdown by Application

8 China Market Facts & Figures
8.1 China Sales by Company
8.2 China Sales Breakdown by Type
8.3 China Sales Breakdown by Application

9 Japan Market Facts & Figures
10 Southeast Asia Market Facts & Figures
11 India Market Facts & Figures

12 Company Profiles and Key Figures in Off Price Retail Business

13 Off Price Retail Manufacturing Cost Analysis
13.1 Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis
13.4 Industrial Chain Analysis

14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 Distributors List
14.3 Customers

15 Market Dynamics
15.1 Industry Trends
15.2 Market Drivers
15.3 Market Challenges
15.4 Market Restraints

16 Research Findings and Conclusion

17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author List
17.3 Disclaimer

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Key Benefits for Stakeholders:

  • The research provides a detailed quantitative analysis of key market segments, historical and current industry trends, market estimations, and market growth for the Off Price Retail market.
  • The research report gives the most recent information on market drivers, challenges, and opportunities.
  • The research identifies the leading and fastest-growing regional marketplaces. It also allows stakeholders to identify the important country-level marketplaces within each area.
  • Porter’s five forces analysis supports stakeholders in measuring the influence of new entrants, competitive rivalry, supplier power, buyer power, and the possibility of replacement. It enables stakeholders to assess the amount of competition in the Off Price Retail business as well as its attractiveness.
  • The competitive landscape helps stakeholders understand their competitive environment and gives insight into the present positions of important companies.

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Drivers, Restrains and Research Methodology:
The research report provides an analysis of the various factors driving the market’s growth. The factors that impede market growth are fundamental because they create different curves to seize opportunities in emerging markets. Data collection and analysis for the base year were carried out using a large sample data collection module. The main research methodologies are data mining, data triangulation, including analysis of the impact of variable data on the market, and initial validation (industry experts). Separately, the data model includes a supplier positioning grid, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, metrics, top-down analysis, and supplier engagement analysis. For further information on this report, please Request a Sample Copy of “Global Off Price Retail Market Research Report 2023” Here.

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