Report overview
The global Off Price Retail market was valued at US$ 3062930 million in 2023 and is projected to reach US$ 5079340 million by 2030, at a CAGR of 7.5% during the forecast 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 aims to provide a comprehensive presentation of the global market for Off Price Retail, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Off Price Retail. This report contains market size and forecasts of Off Price Retail in global, including the following market information:
Global Off Price Retail Market Revenue, 2019-2024, 2025-2030, ($ millions)
Global top five companies in 2023 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Off Price Retail companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Off Price Retail Market, by Type, 2019-2024, 2025-2030 ($ millions)
Global Off Price Retail Market Segment Percentages, by Type, 2023 (%)
Retail Apparel and Footwear
Home Fashions
Jewelry and Accessories
Others
Global Off Price Retail Market, by Sales Channel, 2019-2024, 2025-2030 ($ millions)
Global Off Price Retail Market Segment Percentages, by Sales Channel, 2023 (%)
Online Sales
Offline Sales
Global Off Price Retail Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions)
Global Off Price Retail Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Off Price Retail revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Off Price Retail revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
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.?.
?ok Marketler
Discount My Fashion (DMF)
PEP Africa
Pick n Pay
Melbro Group
Shoprite Holdings
Outline of Major Chapters:
Chapter 1: Introduces the definition of Off Price Retail, market overview.
Chapter 2: Global Off Price Retail market size in revenue.
Chapter 3: Detailed analysis of Off Price Retail company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by sales channel, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Off Price Retail in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
