Women’s Clothing Stores in Canada Industry Market Research Report Now Available from IBISWorld

Revenue will rise, but an increasing number of new entrants will escalate competition. For this reason, industry research firm IBISWorld has updated a report on the Women’s Clothing Stores industry in its growing industry report collection.

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Competition from one-stop-shops and online retailers will hamper industry growth.

New York, NY (PRWEB) March 20, 2014

The performance of the Women's Clothing Stores industry heavily relies on trends in consumer spending. Over the five years to 2014, industry revenue has grown 1.2% per year on average, reflecting weak growth in per capita disposable income. In 2014, IBISWorld anticipates per capita disposable income to grow only 0.1%; subsequently, revenue will grow an estimated 1.1%.

Industry profit (i.e. earnings before interest and tax) also suffered from 2009 to 2014. According to IBISWorld Industry Analyst Vanessa Giraldo, “Weak consumer incomes led to shoppers choosing lower priced, lower margin items; profit therefore remained slim in 2009.” The industry also experienced constrained margins through 2010 and 2011 due to the skyrocketing price of cotton, a key industry input. Floods in Pakistan and India in 2010 destroyed much of the world's supply of the commodity, causing its price to shoot up. The price of apparel subsequently jumped, increasing purchasing costs for the industry's players. Nevertheless, as consumers' budgets have bounced back and the world price of cotton has come down slightly, industry margins have also recovered. IBISWorld estimates profit to account for 9.6% of revenue in 2014.

Revenue is also projected to continue on its upward trajectory. Per capita disposable income is anticipated to climb, underpinning an increase in revenue. “Over the five years to 2019, revenue is projected to grow as unemployment abates, consumer confidence recovers and incomes rise,” says Giraldo. However, the Women's Clothing Stores industry is facing saturation. The number of participants is expected to continue increasing, limiting individual players' opportunities. External competition from alternative retailers is also anticipated to infringe on the industry's growth potential; time-poor consumers will favor one-stop-shop department stores and mass merchandisers, while improving technology makes online shopping even more secure and convenient.

For more information, visit IBISWorld’s Women’s Clothing Stores in Canada industry report page.

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IBISWorld industry Report Key Topics

Stores participating in the Women’s Clothing Stores industry specialize in women's wear, including juniors' clothes, misses' clothes, plus-size fashion and maternity wear. Many retailers also sell accessories and other apparel (such as men's and children's), activities that are traditionally undertaken by industries such as Men's Clothing Stores (44811) and Children's and Infants' Clothing Stores (44813).

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Globalization & Trade
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About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.


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    IBISWorld 2
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