Global Off Price Retail Market Growth (Status and Outlook) 2025-2031

Global Off Price Retail Market Growth (Status and Outlook) 2025-2031

The global Off Price Retail market size is predicted to grow from US$ 3416330 million in 2025 to US$ 5458330 million in 2031; it is expected to grow at a CAGR of 8.1% from 2025 to 2031.

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.

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%.

LPI (LP Information)' newest research report, the “Off Price Retail Industry Forecast” looks at past sales and reviews total world Off Price Retail sales in 2024, providing a comprehensive analysis by region and market sector of projected Off Price Retail sales for 2025 through 2031. With Off Price Retail sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Off Price Retail industry.

This Insight Report provides a comprehensive analysis of the global Off Price Retail landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Off Price Retail portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Off Price Retail market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Off Price Retail and breaks down the forecast by Type, by Sales Channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Off Price Retail.

This report presents a comprehensive overview, market shares, and growth opportunities of Off Price Retail market by product type, application, key players and key regions and countries.

Segmentation by Type:
Retail Apparel and Footwear
Home Fashions
Jewelry and Accessories
Others

Segmentation by Sales Channel:
Online Sales
Offline Sales

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.