Clothing & footwear Retailing in Norway, Market Shares, Summary and Forecasts to 2022

Clothing & footwear Retailing in Norway, Market Shares, Summary and Forecasts to 2022

Summary

"Clothing & footwear Retailing in Norway, Market Shares, Summary and Forecasts to 2022", provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Norway retail environment. In addition, it analyzes the key consumer trends influencing Norway clothing and footwear industry.

Clothing & footwear is the third largest sector in the Norwegian retail industry, accounting for 11.9% of total retail sales in 2017. An increasing employment rate and improving household income strengthened sector sales.

Also Provided

• In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics


• The report also details major retailers in clothing and footwear category group with their product proposition analysis and market positioning in 2017 along with recent key developments


• Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors


• Retail sales and the fastest-growing product categories in clothing and footwear sector


• Qualitative and quantitative insights of changing retail dynamics in clothing and footwear sector.

Scope

• Norway retail market is forecasted to grow at a CAGR of 3.4% during 2017-2022


• Improved household income and growing employment to boost sales in the sector


• Growing demand for international brands and designer clothes drives sales growth


• Womenswear is the largest segment, accounting for 55.1% of total clothing sales


• Rising employment is projected to boost sales of menswear in the forecast period


• Specialist stores are losing their market share to rapidly growing online retail sales


• Growing online sales and popularity of sports footwear boosting overall footwear sales.

Reasons to Buy

• Gain a comprehensive knowledge on clothing and footwear sector in the Norway retail market and develop a competitive advantage from the start of your supply chain


• Investigate current and forecast behavior trends in clothing and footwear category to identify the best opportunities to exploit


• Understand the fastest growing categories including menswear, womenswear, childrenswear, men’s footwear, women’s footwear and children’s footwear in the market


• Analysis of key international and domestic players operating in the clothing and footwear market


• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior


• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the clothing and footwear market.