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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

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
$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 Investment Chapter

Companies operating in the Men's Clothing Stores industry are subject to higher labour costs than capital expenditure, a trend characteristic of the retail sector in general. Employees are required for merchandising, customer service and to process sales transactions. Meanwhile, capital expenditure consists of cash registers and display shelves. An increased uptake of technology that monitors inventory levels, sales and taxes collected has increased the industry's capital expenditure level over the past five years. For every dollar spent on labour, the typical operators spend $0.07 on capital investments... 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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