Department Stores Market In Germany | Growth Momentum to Decrease During 2020-2024 | Technavio

Technavio has been monitoring the department stores market in Germany and the growth is poised to reduce by USD 1.36 billion during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201105005893/en/

Technavio has announced its latest market research report titled Department Stores Market in Germany 2020-2024 (Graphic: Business Wire)

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the department stores market in Germany. The market growth in 2020 is likely to decrease compared to the market growth in 2019.

Frequently Asked Questions:

• Based on segmentation by product, which is the leading segment in the market?
  Apparel, Footwear, And Accessories.
  
• What are the major trends in the market?
  Favorable micro-location and concept of having everything under one roof.
  
• Who are the top players in the market?
  ausberlin, C&A Mode GmbH & Co. KG , E. Breuninger GmbH & Co., KODi Diskontladen GmbH , Manufactum GmbH, Muller Handels GmbH & Co. KG, SIGNA Holding GmbH, SOCIETE ANONYME DES GALERIES LAFAYETTE, The TJX Companies Inc., and Woolworth GmbH are the top players in the market.
  
• What are the key market drivers and challenges?
  The market is driven by rapid urbanization and rising consumer spending. However, the slowdown in sales in retail stores might hamper growth.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

The market is concentrated, and the degree of concentration will accelerate during the forecast period. ausberlin, C&A Mode GmbH & Co. KG , E. Breuninger GmbH & Co., KODi Diskontladen GmbH, Manufactum GmbH, Muller Handels GmbH & Co. KG, SIGNA Holding GmbH, SOCIETE ANONYME DES GALERIES LAFAYETTE, The TJX Companies Inc., and Woolworth GmbH are some of the major market participants. Although the rapid urbanization and rising consumer spending will offer immense growth opportunities, the slowdown in sales in retail stores is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this department stores market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Department Stores Market in Germany 2020-2024: Segmentation

Department Stores Market in Germany is segmented as below:

• Product
  • Apparel, Footwear, And Accessories
  • Consumer Electronics And Electricals
  • Home Furniture And Furnishings
  • Cosmetic And Fragrance
  • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44693

Department Stores Market in Germany 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The department stores market in Germany report covers the following areas:

• Department Stores Market in Germany Size
• Department Stores Market in Germany Trends
• Department Stores Market in Germany Industry Analysis

This study identifies favorable micro-location and the concept of having everything under one roof as one of the prime reasons driving the Department Stores Market growth in Germany during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Department Stores Market in Germany 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist department stores market growth in Germany during the next five years
• Estimation of the department stores market size in Germany and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the department stores market in Germany
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of department stores market vendors in Germany

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Retail market in Germany
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five force summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Consumer electronics and electricals - Market size and forecast 2019-2024
• Home furniture and furnishings - Market size and forecast 2019-2024
• Cosmetic and fragrance - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Product

Customer landscape

• Customer landscape
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ausberlin
• C&A Mode GmbH & Co. KG
• E. Breuninger GmbH & Co.
• KODi Diskontladen GmbH
• Manufactum GmbH
• Muller Handels GmbH & Co. KG
• SIGNA Holding GmbH
• SOCIETE ANONYME DES GALERIES LAFAYETTE
• The TJX Companies Inc.
• Woolworth GmbH

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

   

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201105005893/en/