Women’s Clothing Stores in Canada - Industry Market Research Report

Women’s Clothing Stores in Canada - Industry Market Research Report

  • August 2020 •
  • 47 pages •
  • Report ID: 5204922 •
  • Format: PDF
Perfect fit: Rising levels of disposable income and an expanding population will likely fuel industry demand

Abstract

Women’s Clothing Stores in Canada
Over the five years to 2019, the Women’s Clothing Stores industry in Canada has experienced decline due to growing external competition and patchy consumer confidence. While rising levels of disposable income and stable economic growth have enabled Canadian consumers to increase spending on a wide variety of both essential and nonessential goods, including blouses, dresses, pants, accessories and other products sold by industry retailers, many shoppers have turned to online retailers to fulfill those needs. Consequently, external industries that also sell women’s clothing, such as online retailers and department stores, have siphoned significant revenue from industry operators. Over the five years to 2024, industry revenue is expected to grow as rising levels of disposable income and an expanding population fuel demand for women’s clothing and apparel.

Industry operators specialize in women’s wear, including juniors’ clothes, misses’ clothes, plus-size fashion and maternity wear. Many retailers also sell accessories and other apparel (such as men’s and children’s) that are traditionally undertaken by industries such as the Men’s Clothing Stores industry in Canada (IBISWorld report 44811CA) and the Children’s and Infants’ Clothing Stores industry in Canada (44813CA).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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