Apparel Retail in Finland
Summary
Apparel Retail in Finland industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). 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 market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
- The Finnish apparel retail industry recorded revenues of $4.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.1% between 2018 and 2023.
- The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $2.6 billion, equivalent to 58.1% of the industry's overall value.
- The growth of the apparel retail industry is significantly driven by the expansion of online retail, which has become increasingly accessible and popular among consumers. The convenience of shopping online has led to a noticeable shift in consumer behavior, with more individuals turning to digital platforms for their fashion needs. According to GlobalData, the Finnish online retail market reached $5.6 billion in 2023, marking a 7.8% increase from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Finland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Finland
- 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 Finland apparel retail market with five year forecasts by both value and volume
- What was the size of the Finland apparel retail market by value in 2023?
- What will be the size of the Finland apparel retail market in 2028?
- What factors are affecting the strength of competition in the Finland apparel retail market?
- How has the market performed over the last five years?
- Who are the top competitors in Finland's apparel retail market?
- 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 are the strategies of the leading players?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Lindex Group plc
- 8.2. S Group
- 8.3. H & M Hennes & Mauritz AB
- 8.4. Tokmanni Group Oyj
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Finland apparel retail industry value: $ million, 2018-23
- Table 2: Finland apparel retail industry category segmentation: % share, by value, 2018-23
- Table 3: Finland apparel retail industry category segmentation: $ million, 2018-23
- Table 4: Finland apparel retail industry geography segmentation: $ million, 2023
- Table 5: Finland apparel retail industry distribution: % share, by value, 2023
- Table 6: Finland apparel retail industry value forecast: $ million, 2023-28
- Table 7: Lindex Group plc: key facts
- Table 8: Lindex Group plc: Annual Financial Ratios
- Table 9: Lindex Group plc: Key Employees
- Table 10: S Group: key facts
- Table 11: S Group: Key Employees
- Table 12: S Group: Key Employees Continued
- 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: Tokmanni Group Oyj: key facts
- Table 18: Tokmanni Group Oyj: Annual Financial Ratios
- Table 19: Tokmanni Group Oyj: Key Employees
- Table 20: Finland Size of Population (million), 2019-23
- Table 21: Finland real GDP (Constant 2010 Prices, $ billion), 2019-23
- Table 22: Finland GDP (Current Prices, $ Billion), 2019-23
- Table 23: Finland Inflation, 2019-23
- Table 24: Finland Consumer Price Index (Absolute), 2019-23
- Table 25: Finland exchange rate, 2018-23
- List of Figures
- Figure 1: Finland apparel retail industry value: $ million, 2018-23
- Figure 2: Finland apparel retail industry category segmentation: $ million, 2018-23
- Figure 3: Finland apparel retail industry geography segmentation: % share, by value, 2023
- Figure 4: Finland apparel retail industry distribution: % share, by value, 2023
- Figure 5: Finland apparel retail industry value forecast: $ million, 2023-28
- Figure 6: Forces driving competition in the apparel retail industry in Finland, 2023
- Figure 7: Drivers of buyer power in the apparel retail industry in Finland, 2023
- Figure 8: Drivers of supplier power in the apparel retail industry in Finland, 2023
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Finland, 2023
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Finland, 2023
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in Finland, 2023
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