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Apparel Retail in Peru

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    Report

  • 46 Pages
  • September 2025
  • Region: Peru
  • MarketLine
  • ID: 6018120
Apparel Retail in Peru industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The apparel retail industry is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
  • The Peruvian apparel retail industry recorded revenues of $6.1 billion in 2024, representing a negative compound annual growth rate (CAGR) of 1.4% between 2019 and 2024.
  • The womenswear segment accounted for the industry's largest proportion in 2024, with total revenues of $2.9 billion, equivalent to 47.9% of the industry's overall value.
  • In 2024, the Peruvian apparel industry grew by 5.0%, driven by the increase in real GDP growth. According to the Banco Central de Reserva del Peru (BCRP), in 2024, the real GDP growth in Peru increased by 3.2%. Increased real GDP growth in Peru has positively influenced the apparel retail industry by boosting consumer purchasing power and confidence.

Report Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Peru
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Peru
  • 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 Peru apparel retail market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Peru apparel retail market by value in 2024?
  • What will be the size of the Peru apparel retail market in 2029?
  • What factors are affecting the strength of competition in the Peru apparel retail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Peru'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 the leading players follow?
7.3. What strengths do the leading players follow?
8 Company Profiles
8.1. Falabella SA
8.2. Ripley Corp S.A.
8.3. H & M Hennes & Mauritz AB
8.4. Cencosud 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: Peru apparel retail industry value: $ million, 2019-24
Table 2: Peru apparel retail industry category segmentation: % share, by value, 2019-24
Table 3: Peru apparel retail industry category segmentation: $ million, 2019-24
Table 4: Peru apparel retail industry geography segmentation: $ million, 2024
Table 5: Peru apparel retail industry distribution: % share, by value, 2024
Table 6: Peru apparel retail industry value forecast: $ million, 2024-29
Table 7: Falabella SA: Key Facts
Table 8: Falabella SA: Annual Financial Ratios
Table 9: Falabella SA: Key Employees
Table 10: Ripley Corp S.A.: Key Facts
Table 11: Ripley Corp S.A.: Annual Financial Ratios
Table 12: Ripley Corp S.A.: Key Employees
Table 13: H & M Hennes & Mauritz AB: Key Facts
Table 14: H & M Hennes & Mauritz AB: Annual Financial Ratios
Table 15: H & M Hennes & Mauritz AB: Key Employees
Table 16: H & M Hennes & Mauritz AB: Key Employees Continued
Table 17: Cencosud SA: Key Facts
Table 18: Cencosud SA: Annual Financial Ratios
Table 19: Cencosud SA: Key Employees
Table 20: Peru Size of Population (Million), 2020-24
Table 21: Peru Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Peru GDP (Current Prices, $ Billion), 2020-24
Table 23: Peru Inflation, 2020-24
Table 24: Peru Consumer Price Index (Absolute), 2020-24
Table 25: Peru Exchange Rate, 2019-24
List of Figures
Figure 1: Peru apparel retail industry value: $ million, 2019-24
Figure 2: Peru apparel retail industry category segmentation: $ million, 2019-24
Figure 3: Peru apparel retail industry geography segmentation: % share, by value, 2024
Figure 4: Peru apparel retail industry distribution: % share, by value, 2024
Figure 5: Peru apparel retail industry value forecast: $ million, 2024-29
Figure 6: Forces driving competition in the apparel retail industry in Peru, 2024
Figure 7: Drivers of buyer power in the apparel retail industry in Peru, 2024
Figure 8: Drivers of supplier power in the apparel retail industry in Peru, 2024
Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Peru, 2024
Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Peru, 2024
Figure 11: Drivers of degree of rivalry in the apparel retail industry in Peru, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Falabella SA
  • Ripley Corp S.A.
  • H & M Hennes & Mauritz AB
  • Cencosud SA