Off Price Retail Market, By Product Category, By Distribution Channel, By End User (Consumer, Business-to-Business ), By Price Range, By Demographics, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Off-price retailers offer branded merchandise at prices that are lower than their regular retail markups. They may buy second-hand or off season goods, or they may purchase excess inventory from department stores and manufacturers that is not selling well. Alternatively, they may be independent and purchase surplus or obsolete products from brand owners at wholesale prices and then sell them at discount in their stores. Lastly, some are warehouse clubs that sell a wide range of products to individuals at reduced prices in exchange for a membership fee.

The off-price channel continues to attract shoppers from all income levels who value the thrill of finding a great deal, or are frustrated by the limited selections found in traditional retail outlets. They also tend to avoid the online shopping experience that often comes with steep fulfillment, delivery and return costs.

Market Dynamics

The value proposition that the off-price retail industry provides to customers is one of its main driver factors. Off-price merchants are experts at offering branded goods at lower costs than conventional retail establishments. These shops draw customers because they offer high-quality goods at competitive costs, enabling them to get more for their money.

Consumer spending habits have a big impact on off-price retailers. Consumers may cut back on discretionary spending during times of economic uncertainty or recession, which could affect the market for off-price goods. Economic downturns can result in decreased customer confidence and diminished purchasing power, which can have an impact on how well the off-price retail industry performs overall.

Key features of the study:

This report provides in-depth analysis of the global off price retail market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global off price retail market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include TJX Companies Inc., Ross Stores Inc., Burlington Stores Inc., Nordstrom Rack (Nordstrom Inc.), Marshalls (TJX Companies Inc.), DSW (Designer Brands Inc.), Macy's Backstage (Macy's Inc.), Century 21 Department Store, Saks OFF 5TH (Hudson's Bay Company), Stein Mart Inc., Sierra Trading Post (The TJX Companies Inc.), Off Broadway Shoe Warehouse, Gordmans (Stage Stores Inc.), Bealls Outlet (Bealls Inc.), Gabriel Brothers Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global off price retail market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global off price retail market

Detailed Segmentation:

Global Off Price Retail Market, By Product Category
- Apparel and Footwear
- Home Goods
- Electronics
- Beauty and Cosmetics
Global Off Price Retail Market, By Distribution Channel
- Brick-and-Mortar Stores
- Online Retail
Global Off Price Retail Market, By Price Range
- Low-end
- Mid-range
- High-end
Global Off Price Retail Market, By Demographics
- Men
- Women
- Children
Global Off Price Retail Market, By End User
- Consumer
- Business-to-Business (B2B)
Global Off Price Retail Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
Company Profiles:
- TJX Companies Inc.
- Ross Stores Inc.
- Burlington Stores Inc.
- Nordstrom Rack (Nordstrom Inc.)
- Marshalls (TJX Companies Inc.)
- DSW (Designer Brands Inc.)
- Macy's Backstage (Macy's Inc.)
- Century 21 Department Store
- Saks OFF 5TH (Hudson's Bay Company)
- Stein Mart Inc.
- Sierra Trading Post (The TJX Companies Inc.)
- Off Broadway Shoe Warehouse
- Gordmans (Stage Stores Inc.)
- Bealls Outlet (Bealls Inc.)
- Gabriel Brothers Inc.

Product Code: CMI6007

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Product Category
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Price Range
- Market Snapshot, By Demographics
- Market Snapshot, By End User
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Value and Affordability
- Restraints
Fluctuating Consumer Spending
- Opportunities
E-commerce Growth
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Off Price Retail Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Off Price Retail Market , By Product Category, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Apparel and Footwear
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Home Goods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Electronics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
Beauty and Cosmetics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)

6. Global Off Price Retail Market , By Distribution Channel, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Brick-and-Mortar Stores
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Online Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

7. Global Off Price Retail Market , By Price Range, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Low-End
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Mid-range
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
High-End
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

8. Global Off Price RetailMarket , By Demographics, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Men
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Women
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Children
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

9. Global Off Price Retail Market , By End User, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Consumer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
Business-to-Business (B2B)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)

10. Global Off Price Retail Market , By Region, 2023-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Demographics, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Demographics, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Demographics, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Category, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Price Range, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Demographics, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Bn)

11. Competitive Landscape

TJX Companies Inc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Ross Stores Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Burlington Stores Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Nordstrom Rack (Nordstrom Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Marshalls (TJX Companies Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
DSW (Designer Brands Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Macy's Backstage (Macy's Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Century 21 Department Store
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Saks OFF 5TH (Hudson's Bay Company)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Stein Mart Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Sierra Trading Post (The TJX Companies Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Off Broadway Shoe Warehouse
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Gordmans (Stage Stores Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Bealls Outlet (Bealls Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Gabriel Brothers Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

12. Section

Research Methodology
About us

Off Price Retail Market, By Product Category, By Distribution Channel, By End User (Consumer, Business-to-Business ), By Price Range, By Demographics, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030