Finland Apparel Retail Market Summary, Competitive Analysis and Forecast to 2027
Summary
Apparel Retail in Finland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Childrenswear includes all clothing designed for children between the ages of 0-15, such as baby clothing, boys’ casualwear, boys’ school wear, boys’ underwear (vests, underpants, socks) and nightwear, boys’ formalwear-occasion, boys’ outerwear including regional or national attire, girls’ casualwear, girls’ school wear, girls’ underwear (knickers, bras, vests, socks, and tights) and nightwear, girls’ formalwear-occasion, girls’ outerwear including regional and national attire, such as saris, and toddler clothing. It also includes all sportswear and fancy dress.
- The Finnish apparel retail industry had total revenues of $4.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.1% between 2017 and 2022.
- The womenswear segment accounted for the industry's largest proportion in 2022, with total revenues of $2.5 billion, equivalent to 58.3% of the industry's overall value.
- The growth in the Finnish apparel retail industry in 2022 is influenced by several macroeconomic factors, such as rising GDP and growing consumer confidence. For instance, according to Statistics Finland, consumer confidence in Finland rose to -8 in July 2023 from -18.5 in December 2022.
- 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
- What was the size of the Finland apparel retail market by value in 2022?
- What will be the size of the Finland apparel retail market in 2027?
- What factors are affecting the strength of competition in the Finland apparel retail market?
- How has the market performed over the last five years?
- What are the main segments that make up 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 strengths and strategies of the leading players?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. S Group
- 8.2. Tokmanni Group Oyj
- 8.3. H & M Hennes & Mauritz AB
- 8.4. Stockmann plc
- 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, 2017–22
- Table 2: Finland apparel retail industry category segmentation: % share, by value, 2017–2022
- Table 3: Finland apparel retail industry category segmentation: $ million, 2017-2022
- Table 4: Finland apparel retail industry geography segmentation: $ million, 2022
- Table 5: Finland apparel retail industry distribution: % share, by value, 2022
- Table 6: Finland apparel retail industry value forecast: $ million, 2022–27
- Table 7: S Group: key facts
- Table 8: S Group: Key Employees
- Table 9: Tokmanni Group Oyj: key facts
- Table 10: Tokmanni Group Oyj: Annual Financial Ratios
- Table 11: Tokmanni Group Oyj: Key Employees
- Table 12: H & M Hennes & Mauritz AB: key facts
- Table 13: H & M Hennes & Mauritz AB: Annual Financial Ratios
- Table 14: H & M Hennes & Mauritz AB: Key Employees
- Table 15: Stockmann plc: key facts
- Table 16: Stockmann plc: Annual Financial Ratios
- Table 17: Stockmann plc: Key Employees
- Table 18: Finland size of population (million), 2018–22
- Table 19: Finland gdp (constant 2005 prices, $ billion), 2018–22
- Table 20: Finland gdp (current prices, $ billion), 2018–22
- Table 21: Finland inflation, 2018–22
- Table 22: Finland consumer price index (absolute), 2018–22
- Table 23: Finland exchange rate, 2018–22
- List of Figures
- Figure 1: Finland apparel retail industry value: $ million, 2017–22
- Figure 2: Finland apparel retail industry category segmentation: $ million, 2017-2022
- Figure 3: Finland apparel retail industry geography segmentation: % share, by value, 2022
- Figure 4: Finland apparel retail industry distribution: % share, by value, 2022
- Figure 5: Finland apparel retail industry value forecast: $ million, 2022–27
- Figure 6: Forces driving competition in the apparel retail industry in Finland, 2022
- Figure 7: Drivers of buyer power in the apparel retail industry in Finland, 2022
- Figure 8: Drivers of supplier power in the apparel retail industry in Finland, 2022
- Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in Finland, 2022
- Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in Finland, 2022
- Figure 11: Drivers of degree of rivalry in the apparel retail industry in Finland, 2022
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