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Sector Analysis
Clothing & Footwear Retailing in Argentina– Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020
Argentina’s retail market for clothing is estimated to grow at a CAGR of 19.58% over the next five years, to reach ARS236.7 billion by the end of 2020. The share of the clothing sector in overall retail sales is set to reach 8.45% by 2020, from 7.62% in 2015. Over the forecast period, the per capita spending on clothing is forecast to grow at a CAGR of 18.5%.
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Sector Analysis
Luggage and Leather Goods Retailing in Argentina – Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020
Argentina’s luggage and leather goods retail market, with a share of 0.22% in 2015, is expected to be the sector with healthy growth during the forecast period. The retail market for luggage and leather goods will witness a CAGR of 17.78% over 2015-2020, to reach ARS6.3 billion by 2020. Per capita spending on luggage and leather goods in Argentina is also anticipated to grow at a CAGR of 16.7% over the next five years.
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Sector Analysis
Retailing in Argentina– Market Summary & Forecasts; Comprehensive overview of the market, consumer, and competitive context, with retail sales value and forecasts to 2020
Argentina’s retail sector is currently affected by various macro-economic factors. High inflation, low GDP growth, and strict business policies have ruled the country. However, the change of government in December 2015 and quick amendments in various tax and export policies are aimed at delivering long-term benefits in the retail sector. The retail market in Argentina is currently poised for growth as the new government is sending the right signals to the rest of the world. On the other hand, high...