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South Africa Apparel Retail Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 45 Pages
  • September 2023
  • Region: South Africa
  • MarketLine
  • ID: 5717529
Apparel Retail in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Childrenswear includes all clothing designed for children between the ages of 0-15, such as baby clothing, boys’ casualwear, boys’ school wear, boys’ underwear (vests, underpants, socks) and nightwear, boys’ formalwear-occasion, boys’ outerwear including regional or national attire, girls’ casualwear, girls’ school wear, girls’ underwear (knickers, bras, vests, socks, and tights) and nightwear, girls’ formalwear-occasion, girls’ outerwear including regional and national attire, such as saris, and toddler clothing. It also includes all sportswear and fancy dress.
  • The South African apparel retail industry had total revenues of $9.7 billion in 2022, representing a compound annual growth rate (CAGR) of 5.6% between 2017 and 2022.
  • The womenswear segment accounted for the industry's largest proportion in 2022, with total revenues of $4.3 billion, equivalent to 44% of the industry's overall value.
  • South Africa’s success is largely attributed to the country's adoption of a retail, clothing, textile, footwear, and leather (R-CTFL) master plan, and government initiatives to revive the flagging domestic textiles industry through the "Buy Local" campaign.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in South Africa
  • Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Africa apparel retail market with five year forecasts

Reasons to Buy

  • What was the size of the South Africa apparel retail market by value in 2022?
  • What will be the size of the South Africa apparel retail market in 2027?
  • What factors are affecting the strength of competition in the South Africa apparel retail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Africa's apparel retail market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. Are there any trends impacting players in the market?
8 Company Profiles
8.1. Steinhoff International Holdings NV
8.2. Pick n Pay Stores Ltd
8.3. Mr. Price Group Ltd
8.4. Inditex SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: South Africa apparel retail industry value: $ million, 2017-22
Table 2: South Africa apparel retail industry category segmentation: % share, by value, 2017-2022
Table 3: South Africa apparel retail industry category segmentation: $ million, 2017-2022
Table 4: South Africa apparel retail industry geography segmentation: $ million, 2022
Table 5: South Africa apparel retail industry distribution: % share, by value, 2022
Table 6: South Africa apparel retail industry value forecast: $ million, 2022-27
Table 7: Steinhoff International Holdings NV: key facts
Table 8: Steinhoff International Holdings NV: Annual Financial Ratios
Table 9: Steinhoff International Holdings NV: Key Employees
Table 10: Pick n Pay Stores Ltd: key facts
Table 11: Pick n Pay Stores Ltd: Annual Financial Ratios
Table 12: Pick n Pay Stores Ltd: Key Employees
Table 13: Mr. Price Group Ltd: key facts
Table 14: Mr. Price Group Ltd: Annual Financial Ratios
Table 15: Mr. Price Group Ltd: Key Employees
Table 16: Inditex SA: key facts
Table 17: Inditex SA: Annual Financial Ratios
Table 18: Inditex SA: Key Employees
Table 19: Inditex SA: Key Employees Continued
Table 20: South Africa size of population (million), 2018-22
Table 21: South Africa gdp (constant 2005 prices, $ billion), 2018-22
Table 22: South Africa gdp (current prices, $ billion), 2018-22
Table 23: South Africa inflation, 2018-22
Table 24: South Africa consumer price index (absolute), 2018-22
Table 25: South Africa exchange rate, 2018-22
List of Figures
Figure 1: South Africa apparel retail industry value: $ million, 2017-22
Figure 2: South Africa apparel retail industry category segmentation: $ million, 2017-2022
Figure 3: South Africa apparel retail industry geography segmentation: % share, by value, 2022
Figure 4: South Africa apparel retail industry distribution: % share, by value, 2022
Figure 5: South Africa apparel retail industry value forecast: $ million, 2022-27
Figure 6: Forces driving competition in the apparel retail industry in South Africa, 2022
Figure 7: Drivers of buyer power in the apparel retail industry in South Africa, 2022
Figure 8: Drivers of supplier power in the apparel retail industry in South Africa, 2022
Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in South Africa, 2022
Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in South Africa, 2022
Figure 11: Drivers of degree of rivalry in the apparel retail industry in South Africa, 2022

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Steinhoff International Holdings NV
  • Pick n Pay Stores Ltd
  • Mr. Price Group Ltd
  • Inditex SA