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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 | Jul 2015

Wrinkled suit: Higher disposable incomes will support growth, but online sales will siphon demand

IBISWorld’s Men's Clothing Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Key Buyers Chapter

The Men's Clothing Stores industry is highly fragmented with a low-level of market share concentration. The economic downturn was short-lived, yet exposed Canada as a prospective market for many international retailers due to its strength amid the collapse. 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, will continue to edge in on the clothing retail industry in Canada... 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 boys' clothing accessories retailingMen's and boys' undergarments retailing, including socks and undershirtsMen's and boys' leather clothing retailingMen's and boys' gloves retailingMen's and boys' fur clothing retailingAltering men's and boys' clothing


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