PROSPECTS AND OPPORTUNITIES
Second-hand clothing offers growth opportunities
As a leading market for second-hand clothing sales, apparel retailers in Norway face increasing competition from this growing sector. In response, many retailers are now actively launching their own second-hand solutions to stay competitive.
Growing competition from retail e-commerce
Apparel is one of the largest product categories which Norwegians buy from foreign e-commerce retailers. Indeed, the e-commerce sector in Norway continues to thrive, with fashion being one of the leading categories.
Inbound tourism will create positive impact on this category
As tourism continues to grow in Norway, particularly in urban areas and popular destinations in the North of the country, clothing retailers are likely to see increased footfall and sales. Tourists often seek local fashion items as souvenirs or gifts, as well as warmer clothes, shoes, and equipment for Arctic adventures or hiking.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Norway with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel and Footwear Specialists industry in Norway, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Apparel and Footwear Specialists in Norway report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Apparel and Footwear Specialists in Norway?
- Which are the leading retailers in Apparel and Footwear Specialists in Norway?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Apparel and Footwear Specialists in Norway - Category analysis
KEY DATA FINDINGS
Apparel & footwear specialists are targeting younger generations
Norwegians economise when purchasing apparel and footwear
Leaders invest in sustainable operations
Second-hand clothing offers growth opportunities
Growing competition from retail e-commerce
Inbound tourism will create positive impact on this category
Retail in Norway - Industry Overview
Retail in 2024: The big picture
The shift to online shopping regains momentum
Consumers still economise on non-essentials goods
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Black Friday
Christmas
New Year
Back to School
DISCLAIMER
Apparel and Footwear Specialists
Apparel and footwear specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: clothing, footwear, and/or fashion accessories (costume jewellery, sunglasses, belts, hats, gloves, handbags, scarves, etc.). Apparel specialists include specialty apparel like wedding dress shops. Example brands include Primark, TJ Maxx, and Zara. Sportswear retailers, such as Adidas and Nike, are excluded from this channel and are included in Sports Goods Stores; this is due to the companies considering themselves sports companies as opposed to apparel companies.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Apparel and Footwear Specialists research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!