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Department Stores & Shopping Malls in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Department Stores & Shopping Malls Market Research Report | Jun 2014

IBISWorld’s Department Stores & Shopping Malls market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$194bn
Annual Growth 09-14
12.2%
Annual Growth 14-19
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Profit
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Employment ('000)
1,112
Businesses
601
Industry Analysis & Industry Trends

Over the five years through 2014, revenue for the Department Stores and Shopping Mall industry in China has been growing 12.2% per year to an estimated $193.6 billion. With the implementation of the new income tax law for individuals in September 2011, per capita disposable income and consumption power has been growing. In 2014, revenue growth is expected to be 7.7%.

Establishment numbers (i.e. retail store locations) are estimated at 5,274 in 2014, up 3.2% for the year. However, the number of enterprises is set to fall 5.2% to 601 due to increased merger activity and unprofitable companies exiting the industry. Industry profitability is estimated at 5.0% of revenue. Before rebounding in 2010, profit was low, at between 2.0% and 3.0%.... purchase to read more

Industry Report - Industry Products Chapter

Fashion stores

Fashion stores are the largest segment in this industry, accounting for 37.0% of industry revenue. Customers prefer to purchase industry products such as clothes in fashion stores as there are a variety of styles and sizes to choose from.

Department stores

Department stores represent about 32.5% of industry revenue due to their wide range of product categories. Department store products vary from low-end daily-use goods to mid- and high-range products and food.

Outlet stores

Outlet stores are established by factories to sell commodities directly to consumers. Outlet stores usually sell products at lower prices as they are excess stock or out of season... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Department Stores & Shopping Malls Industry?

Department stores and shopping malls in China are mainly engaged in the large-scale retailing of a wide range of merchandise across many categories. These activities are generally managed centrally within one building. The industry's major products categories are: clothing and footwear; jewelry; cosmetics; home furnishings and decor; electronic appliances; and food and beverages.

Industry Products
Luxury storesFashion storesOutlet storesDepartment storesLogistic storesShopping malls
 
Industry Activities
Retail activities of luxury merchandise storesRetail activities of fashion merchandise storesRetail activities of discount merchandise storesRetail activities of department storesRetail activities of shopping malls


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