In stitches: A stagnation in the Canadian dollar is expected to decrease import competitiveness

The Men's and Boys' Apparel Manufacturing industry in Canada has been characterized by offshoring, import competition and a significant shift toward the production of high-end products over the five years to 2019. The industry, which manufactures men's and boys' apparel from purchased fabrics, has been challenged by high import penetration. However, operators that have shifted toward producing high-end, value-added designer and handcrafted fashion have managed to boost the industry. Apparel imports tend to be less expensive than domestically made goods because operators in foreign countries benefit from relatively low labour costs. Consequently, imported clothing is more attractive to downstream wholesalers and retailers, posing a competitive threat to domestic manufacturers...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 14-19
9.4%
Forecast Growth 19-24
Profit
Employment
5,931
Businesses
234

Industry Threats & Opportunities

  • An expanding export market represents a bright spot for the industry, driving the increase in revenue
  • International trade has become an important factor for operators
  • Import penetration into this industry is expected to decrease
  • Industry Report - Industry Key Buyers Chapter

    Market share concentration in the Men's and Boys' Apparel Manufacturing industry in Canada is low. The top three operators are expected to account for 23.4% of total industry revenue in 2019. Market share concentration has decreased over the past five years, despite fewer manufacturers remaining in the industry due to difficult operating conditions and significant offshoring and outsourcing. In 2014, the top three companies in this industry accounted for an estimated 26.2% of industry revenue. Over the five years to 2024, market share concentration is anticipated to continue to decrease, as industry participation levels continue to contract and larger operators drive the industry...purchase to read more.

    Additional Insights for the Men's & Boys' Apparel Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Men's & Boys' Apparel Manufacturing Industry are

  • Access to niche markets
  • Establishment of brand names
  • Access to a multitasked and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Canadian effective exchange rate index and Per capita disposable income in the Men's & Boys' Apparel Manufacturing industry impact industry performance..

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    What's in this report

    What is the Men's & Boys' Apparel Manufacturing Industry?

    This industry manufactures men’s and boys’ apparel from purchased fabrics.

    Industry Products
  • Underwear and nightwear
  • Suits, coats and overcoats
  • Shirts and sweaters
  • Pants, trousers, slacks and jeans
  • Snow apparel
  • Industry Activities
  • Designing and suits
  • Designing and coats and outerwear
  • Designing and pants
  • Designing and shirts
  • Designing and athletic apparel
  • Designing and snow apparel
  • Designing and swim apparel
  • Designing and underwear
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian effective exchange rate index
  • Per capita disposable income
  • Consumer Confidence Index
  • Demand from clothing stores

  • Current Performance
  • Domestic demand
  • The international arena
  • Costs and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Exchange rate and international trade
  • Room for growth
  • Table: Men's & Boys' Apparel Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Men's & Boys' Apparel Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Clothing & Clothing Accessories Wholesaling in Canada
  • Men's Clothing Stores in Canada
  • Children's & Infants' Clothing Stores in Canada
  • Department Stores in Canada
  • E-Commerce & Online Auctions in Canada

  • Key Selling Industries
  • Clothing & Clothing Accessories Wholesaling in Canada
  • Textile Mills in Canada

  • Products & Services
  • Suits, coats and overcoats
  • Other
  • Snow apparel
  • Pants, trousers, slacks and jeans
  • Shirts and sweaters
  • Underwear and nightwear
  • Chart: Men's & Boys' Apparel Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Department stores
  • Warehouses and superstores
  • Manufacturer-owned retail outlets
  • Wholesalers
  • Men's specialty and clothing stores
  • Others
  • Chart: Major Market Segmentation for the Men's & Boys' Apparel Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Men's & Boys' Apparel Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Men's & Boys' Apparel Manufacturing Industry

  • Industry Globalization
    Jack Victor Limited, Ballin Inc.,
  • Table: Jack Victor Limited - financial performance
  • Table: Ballin Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Men's & Boys' Apparel Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Men's & Boys' Apparel Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Canada effective exchange rate index (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Piece Goods
  • Fabrics sold in standard lengths, which are used to sew apparel.
  • Premium Denim
  • Denim marketed by its manufacturer as having a superior fit and using high-quality fabric.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Men's & Boys' Apparel Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Men's & Boys' Apparel Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Men's & Boys' Apparel Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Men's & Boys' Apparel Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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