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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 | Feb 2015

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

The Men's Clothing Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
-1.1%
Annual Growth 15-20
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Profit
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Employment
14,247
Businesses
913
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 2020, 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 Analysis Chapter

Operators in the Men's Clothing Stores industry have struggled to bounce back from recessionary conditions due to heightened competition from other apparel retailers. Despite a strong rebound over 2010, revenue has declined slowly in subsequent years as other retailers continue to capture a growing share of the men's apparel market. Industry revenue is consequently estimated to fall an average 1.1% per year during the five years to 2015. While declines are projected to slow over 2015 amid improving disposable income, the industry is nonetheless projected to contract 0.2% to $1.6 billion during the year.

The fashionable male

The fragmented nature of the industry indicates the availability of niche markets... 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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