Closeout Sale: The continued rise of online shopping will drive brick and mortar locations out of malls

As retailers went out of business or closed underperforming stores during the recession, vacancy rates at shopping malls increased and caused revenue to decline. As the economy improves, retailers will increase their store locations. As a result, industry operators will raise rental prices, allowing them to boost their revenue...purchase to read more.

Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 12-17
-0.8%
Forecast Growth 17-22
Profit
Employment
58,352
Businesses
7,324

Industry Threats & Opportunities

  • Falling mall foot traffic due to the rise of e-commerce has kept the industry’s decline steady
  • Changing allocation of investment has led to higher market concentration
  • Department store closings are expected to continue, further depressing demand
  • Industry Report - Industry Key Buyers Chapter

    The industry has a moderate level of market share concentration. In 2017, the top four companies make up an estimated 57.7% of industry revenue. Concentration has increased as companies continue to acquire and merge with other management companies in the industry. Major industry operators, including General Growth Properties and CBL & Associates, have performed acquisitions of both properties and management companies over the past five years. These entities have diversified their businesses by expanding operations through corporate acquisitions and property purchases. Additionally, larger businesses generally raise capital more efficiently than smaller, independently owned businesses...purchase to read more.

    Additional Insights for the Shopping Mall Management Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Shopping Mall Management Industry are

  • Good project management skills
  • Management of a high quality assets portfolio
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Corporate profit in the Shopping Mall Management industry impact industry performance..

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    What's in this report

    What is the Shopping Mall Management Industry?

    This industry develops and manages shopping malls and other retail properties. Property management responsibilities involve the daily operation of the real estate asset, including leasing, maintenance, rent collection, trash removal, security and occasional repairs and renovations.

    Industry Products
  • Brokerage services
  • Rental of commercial space
  • Consulting, appraisal and listing services
  • Construction services
  • Industry Activities
  • Developing and managing malls
  • Developing and managing regional shopping centers
  • Developing and managing community shopping centers
  • Developing and managing outlet centers
  • Collecting rent
  • Managing security
  • Managing trash and recycling collection
  • Approving prospective tenants and representing current property owners
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Corporate profit
  • Number of businesses
  • Yield on 10-year Treasury note
  • commerce sales

  • Current Performance
  • Managing expectations and the evolving retail space
  • Industry dynamics
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry landscape
  • Table: Shopping Mall Management Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Shopping Mall Management Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Retail Trade
  • Retirement & Pension Plans

  • Key Selling Industries
  • Construction
  • Finance and Insurance
  • Property Management
  • Real Estate Sales & Brokerage
  • Utilities

  • Products & Services
  • Brokerage services
  • Consulting, appraisal and listing services
  • Rental of commercial space
  • Construction services
  • Chart: Shopping Mall Management Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Community retailers
  • Shopping mails
  • Outlets and strip malls
  • Chart: Major Market Segmentation for the Shopping Mall Management Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Wages
  • Profit
  • Purchases and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Shopping Mall Management

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Shopping Mall Management Industry

  • Industry Globalization
    Simon Property Group Inc., GGP Inc., CBL & Associates Properties,
  • Table: Simon Property Group Inc. - financial performance
  • Table: GGP Inc. - financial performance
  • Table: CBL & Associates Properties - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Shopping Mall Management Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Shopping Mall Management Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of businesses (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Community Center
  • A center that generally offers a wider range of apparel and other goods than the neighborhood center does.
  • Lifestyle Center
  • A center that incorporates a variety of elements, such as retail stores, restaurants, apartments and outdoor space.
  • Neighborhood Center
  • A center designed to provide convenience shopping for the day-to-day needs of consumers in the immediate neighborhood.
  • Real Estate Investment Trust (Reit)
  • A legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. To qualify as a REIT, the entity must distribute at least 90.0% of taxable income.
  • Regional Center
  • A center that provides general merchandise (mostly apparel) and services in full depth and variety.
  • Vacancy Rate
  • The amount of real estate space unoccupied as a percentage of total available space.
  • What Our Customers Say

    Why buy this report?

    The Shopping Mall Management industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Shopping Mall Management:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Shopping Mall Management market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Shopping Mall Management, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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