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Men's Clothing Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Men's Clothing Stores in Canada Market Research Report | NAICS 44811CA | Jun 2014

Well suited: Increasing employment and disposable income will drive demand for industry products

IBISWorld’s Men's Clothing Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
1.5%
Annual Growth 14-19
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Profit
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Employment
16,083
Businesses
1,564
Industry Analysis & Industry Trends

High unemployment and falling disposable income levels prompted many consumers to scale back discretionary spending during the recession. Consequently, men's clothing stores experienced declining demand and many operators resorted to promotional and discount activity to bear the burden. Although the industry is forecast to improve over the five years to 2019, especially as operators strive to increase operational efficiency and cater to niche markets, the industry will experience an increase in external competition as international clothing retailers muscle in on the Canadian retail market... purchase to read more

Industry Report - Industry Key Buyers Chapter

IBISWorld estimates the industry's top four player's account for 19.6% of industry revenue. This is indicative of a highly fragmented industry with a low-level of concentration. The economic downturn over 2009 was short-lived, yet exposed Canada as a prospective market for many international retailers. Moreover, menswear retail sales rose over the past five years as it is becoming increasingly acceptable for men to take an interest in fashion. As a result, IBISWorld expects a number of large international companies, such as US-based Nordstrom Inc, will edge in on the clothing retail industry in Canada. Over the next five years the number of establishments and enterprises are expected to rise as new players enter the market... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Men's Clothing Stores Industry?

This industry retails a general line of new men's and boys' suits, formal wear, shirts, T-shirts, casual slacks, jeans, sport coats, blazers, sports apparel, sweaters, overcoats, raincoats and accessories. Services may also include basic alterations, such as hemming, taking in or letting out seams, and lengthening or shortening sleeves.

Industry Products
Suits and formal wearShirts and T-shirtsCasual slacks and jeansSports apparel and sweatersOvercoats and raincoatsSports coats and blazers
 
Industry Activities
Men's and boy's clothing accessories retailingMen's and boy's undergarments retailing, including socks and undershirtsMen's and boy's leather clothing retailingMen's and boy's gloves retailingMen's and boy's fur clothing retailingAltering men's and boy's clothing


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