South Africa Apparel Retail Market Summary, Competitive Analysis and Forecast to 2027

South Africa Apparel Retail Market Summary, Competitive Analysis and Forecast to 2027


Summary

Apparel Retail in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, 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 South African apparel retail industry had total revenues of $9.7 billion in 2022, representing a compound annual growth rate (CAGR) of 5.6% between 2017 and 2022.
  • The womenswear segment accounted for the industry's largest proportion in 2022, with total revenues of $4.3 billion, equivalent to 44% of the industry's overall value.
  • South Africa’s success is largely attributed to the country's adoption of a retail, clothing, textile, footwear, and leather (R-CTFL) master plan, and government initiatives to revive the flagging domestic textiles industry through the Buy Local campaign.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in South Africa
  • 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 South Africa apparel retail market with five year forecasts
Reasons to Buy
  • What was the size of the South Africa apparel retail market by value in 2022?
  • What will be the size of the South Africa apparel retail market in 2027?
  • What factors are affecting the strength of competition in the South Africa apparel retail market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Africa'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 strategies do leading players follow?
7.3. Are there any trends impacting players in the market?
8 Company Profiles
8.1. Steinhoff International Holdings NV
8.2. Pick n Pay Stores Ltd
8.3. Mr. Price Group Ltd
8.4. Inditex SA
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: South Africa apparel retail industry value: $ million, 2017–22
Table 2: South Africa apparel retail industry category segmentation: % share, by value, 2017–2022
Table 3: South Africa apparel retail industry category segmentation: $ million, 2017-2022
Table 4: South Africa apparel retail industry geography segmentation: $ million, 2022
Table 5: South Africa apparel retail industry distribution: % share, by value, 2022
Table 6: South Africa apparel retail industry value forecast: $ million, 2022–27
Table 7: Steinhoff International Holdings NV: key facts
Table 8: Steinhoff International Holdings NV: Annual Financial Ratios
Table 9: Steinhoff International Holdings NV: Key Employees
Table 10: Pick n Pay Stores Ltd: key facts
Table 11: Pick n Pay Stores Ltd: Annual Financial Ratios
Table 12: Pick n Pay Stores Ltd: Key Employees
Table 13: Mr. Price Group Ltd: key facts
Table 14: Mr. Price Group Ltd: Annual Financial Ratios
Table 15: Mr. Price Group Ltd: Key Employees
Table 16: Inditex SA: key facts
Table 17: Inditex SA: Annual Financial Ratios
Table 18: Inditex SA: Key Employees
Table 19: Inditex SA: Key Employees Continued
Table 20: South Africa size of population (million), 2018–22
Table 21: South Africa gdp (constant 2005 prices, $ billion), 2018–22
Table 22: South Africa gdp (current prices, $ billion), 2018–22
Table 23: South Africa inflation, 2018–22
Table 24: South Africa consumer price index (absolute), 2018–22
Table 25: South Africa exchange rate, 2018–22
List of Figures
Figure 1: South Africa apparel retail industry value: $ million, 2017–22
Figure 2: South Africa apparel retail industry category segmentation: $ million, 2017-2022
Figure 3: South Africa apparel retail industry geography segmentation: % share, by value, 2022
Figure 4: South Africa apparel retail industry distribution: % share, by value, 2022
Figure 5: South Africa apparel retail industry value forecast: $ million, 2022–27
Figure 6: Forces driving competition in the apparel retail industry in South Africa, 2022
Figure 7: Drivers of buyer power in the apparel retail industry in South Africa, 2022
Figure 8: Drivers of supplier power in the apparel retail industry in South Africa, 2022
Figure 9: Factors influencing the likelihood of new entrants in the apparel retail industry in South Africa, 2022
Figure 10: Factors influencing the threat of substitutes in the apparel retail industry in South Africa, 2022
Figure 11: Drivers of degree of rivalry in the apparel retail industry in South Africa, 2022

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