Global Off Price Retail Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Off Price Retail Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Off Price Retail market size was valued at USD 3062930 million in 2022 and is forecast to a readjusted size of USD 5079340 million by 2029 with a CAGR of 7.5% during review period. 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 and PEP Africa. The top four players hold a share about 21%. In terms of product, retail apparel and footwear is the largest segment, with a share about 47%. And in terms of sales channel, the largest channel is offline sales, with a share about 96%.

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. 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.

This report is a detailed and comprehensive analysis for global Off Price Retail market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Sales Channel. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Off Price Retail market size and forecasts, in consumption value ($ Million), 2018-2029

Global Off Price Retail market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global Off Price Retail market size and forecasts, by Type and by Sales Channel, in consumption value ($ Million), 2018-2029

Global Off Price Retail market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Off Price Retail

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Off Price Retail market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TJX Companies, Ross Stores, Burlington Stores, Nordstrom Rack and Macy’s Backstage, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Off Price Retail market is split by Type and by Sales Channel. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Sales Channel. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Retail Apparel and Footwear
Home Fashions
Jewelry and Accessories
Others

Market segment by Sales Channel
Online Sales
Offline Sales

Market segment by players, this report covers
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

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Off Price Retail product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Off Price Retail, with revenue, gross margin and global market share of Off Price Retail from 2018 to 2023.

Chapter 3, the Off Price Retail competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Off Price Retail market forecast, by regions, type and sales channel, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Off Price Retail.

Chapter 13, to describe Off Price Retail research findings and conclusion.