Clothing & Footwear Retailing in Denmark: Market Overview – Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Clothing & footwear Retailing in Denmark, Market Shares, Summary and Forecasts to 2022, a report published by Ken Research, contains market insights of the clothing and footwear retail in Denmark. It provides a detailed analysis considering each of the market factors such as consumer preferences, demographics, consumer trends, technology and changing economic factors. Further, the report also contains analysis based on the historic market data. It also discusses the business environment and country risk in Denmark. Denmark is one of the wealthy economies of Europe, with its GDP per capita being among the highest in the world. The 5.7 million population of Denmark enjoy high living standards in a modern economy with all the social and technological advancements in place. The unemployment rate is lower than the European average. The country promotes open business practices and has implemented many reforms in regulations and investment policies. It is recovering well from the effects of the European economic slowdown which had hit it hard which was mainly due to its open business and trade policies with the foreign countries. According to the forecast 2017-2022, the retail sector in Denmark is expected to grow at a CAGR of 2.3%. The clothing and footwear segment of the retail sector is the third largest in terms of value sales. The sales had reached Kr 40.6 billion in 2017 and is expected to reach Kr 43.9 billion by 2022. Danish fashion brands are famous globally for their modern design styles. Many factors have contributed to the growth of this segment. There has been an increase in the awareness of the global fashion trends and the global exposure to the native brands. The consumer set enjoys good living standards and with rise in incomes, the disposable income has increased. The largest demand in the segment is still for the female fashion and footwear. An increase in the number of working women and social media exposure have been the contributing factors to this demand. However, the market is witnessing a shift of sales from the physical stores to the online markets. Although the brick and mortar- particularly the specialist stores, are still ahead of the online stores, the gap between both is closing fast. There are a few major factors driving this shift. The first is the broad range of products available on a single platform. More and more major global brands are merchandising online to reach out to the largest audience. Their marketing strategies are also planned around the online sales. Other is the pricing factor, huge discounts and competitive pricing are a benefit for the consumers; and lastly the convenience offered through the extra services provided by the online sellers. Also, with the increasing Smartphone’s the penetration of online markets has increased and is expected to have a good growth during 2017-2022 periods. But, for now the specialist stores are having their foothold in the market, though there has been a decline in the total channel sales. The major players in the market for clothing and footwear retail in Denmark and are covered in the report are: H&M, Debenhams (Magasin), Intersport, Sportmaster, Din Tojmand, Mr Hunkemoller, Skoringen, Salling, Tojeksperten. H&M is currently the market leader, with the largest share of clothing and footwear sales in 2017. To know more, click on the link below: https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/clothing-footwear-denmark/157387-95.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Clothing & Footwear Retailing in Denmark, Denmark Clothing & Footwear Retailing Market Analysis, Denmark Clothing & Footwear Retailing Market Demand, Denmark Clothing & Footwear Retailing Market Forecast, Denmark Clothing & Footwear Retailing Market Growth, Denmark Clothing & Footwear Retailing Market Overview, Denmark Clothing & Footwear Retailing Market Research Report, Denmark Clothing & Footwear Retailing Market Segmentation, Denmark Clothing & Footwear Retailing Market Size, Denmark Clothing & Footwear Retailing Market Trends