Mobile Menu

Clothing, Footwear & Leather Goods Retailing in Norway - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

NO-G4771 April 2024 Factsheet

Revenue

€3.1bn

2019-2024 12.3 %
2024-2029 X.X %

Employees

29,134

2019-2024 1.2 %
2024-2029 X.X %

Businesses

2,425

2019-2024 0.9 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 XX.X %
2024-2029 X.X %

Clothing, Footwear & Leather Goods Retailing in Norway market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

National industry coverage with a European twist

  • Market estimates from 2014-2029
  • Data-rich reports comparing industry performance, threats, opportunities and country rankings
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Factsheets

Industry Statistics and Rankings

How does this industry perform in Norway compared to Europe?

Country Benchmarking

Industry Data Norway

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#15 In Europe
Business
#21 In Europe
Employees
#16 In Europe
Wages
#13 In Europe

The Clothing, Footwear & Leather Goods Retailing in Norway ranks 15 in Europe with regards to its 2024 revenue (€3.1bn). Revenue received by operators in Norway has been moderate in volatility over the past five-year period, with the average annual change in revenue (12.3 %) most comparable to...

Unlock more insights on Norway and the most comparable countries in Europe with purchase. View purchase options.

Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Clothing, Footwear & Leather Goods Retailing industry in Norway in 2024?

The market size of the Clothing, Footwear & Leather Goods Retailing industry in Norway is €3.1bn in 2024.

How many businesses are there in the Clothing, Footwear & Leather Goods Retailing in Norway industry in 2024?

There are 2,425 businesses in the Clothing, Footwear & Leather Goods Retailing industry in Norway, which has declined at a CAGR of 0.9 % between 2019 and 2024.

Has the Clothing, Footwear & Leather Goods Retailing industry in Norway grown or declined over the past 5 years?

The market size of the Clothing, Footwear & Leather Goods Retailing industry in Norway has been declining at a CAGR of 12.3 % between 2019 and 2024.

What is the forecast growth of the Clothing, Footwear & Leather Goods Retailing industry in Norway over the next 5 years?

Over the next five years, the Clothing, Footwear & Leather Goods Retailing industry in Norway is expected to decline.

What are the biggest companies in the Clothing, Footwear & Leather Goods Retailing market in Norway?

The biggest company operating in the Clothing, Footwear & Leather Goods Retailing market in Norway is H&M Hennes & Mauritz AB

What does the Clothing, Footwear & Leather Goods Retailing in Norway include?

Clothing and Footwear are part of the Clothing, Footwear & Leather Goods Retailing industry.

Which companies have the highest market share in the Clothing, Footwear & Leather Goods Retailing in Norway?

The company holding the most market share in Norway is H&M Hennes & Mauritz AB.

How competitive is the Clothing, Footwear & Leather Goods Retailing industry in Norway?

The level of competition is moderate and steady in the Clothing, Footwear & Leather Goods Retailing industry in Norway.

Related Industries

This industry is covered in 37 countries

Explore full Europe Collection

Unlock Holistic European coverage

Members get access to 450+ industries across Europe, including comparative data for 37 countries.

View purchase options

Or contact us for multi-user and corporate license options

Table of Contents

About this industry

Industry definition

Clothing, footwear and leather goods retailers source items from wholesalers or manufacturers and sell them to consumers. Most companies sell goods from one or more retail locations and often operate an online store as well.

What's included in this industry?

Clothing FootwearLeather goodsDelivery receipts

Industry Code

ISIC 2006

4771 - Retail sale of clothing, footwear and leather articles in specialized stores in Norway

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Clothing, Footwear & Leather Goods Retailing in Norway
  • Employees in the Clothing, Footwear & Leather Goods Retailing in Norway
  • Business in the Clothing, Footwear & Leather Goods Retailing in Norway
  • Profit in the Clothing, Footwear & Leather Goods Retailing in Norway

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

The Digital Services Tax affects retailers with online operations. Large companies, especially multinational fashion retailers with broad online footprints, are liable to pay tax in proportion to their earnings in each market they operate in.

View more insights with purchase. View purchase options.

External Drivers

Analysis

What demographic and macroeconomic factors impact the Clothing, Footwear & Leather Goods Retailing in Norway industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

High-street retailers’ profit comes under pressure. Heightened price competition, the rise of sustainable fashion and a shift toward second-hand and rented clothing are constraining retailers’ returns.

View more insights with purchase. View purchase options.

Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Clothing, Footwear & Leather Goods Retailing in Norway industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.