Apparel Retail in Canada

Key Highlights

• The apparel retail market is segmented into childrenswear, menswear, and womenswear. The market value represents retail sales.
• The Canadian apparel retail industry recorded revenues of $28.3 billion in 2023, representing a compound annual growth rate (CAGR) of 3.5% between 2018 and 2023.
• The womenswear segment accounted for the industry's largest proportion in 2023, with total revenues of $16.0 billion, equivalent to 56.4% of the industry's overall value.
• The industry growth during 2018-23 is attributed to fast fashion, ecommerce expansion, increased brand awareness, lifestyle changes, seasonal promotions and discounts, and marketing strategies of companies.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the apparel retail market in Canada
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the apparel retail market in Canada
• Leading company profiles reveal details of key apparel retail market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Canada apparel retail market with five year forecasts

Reasons to Buy

• What was the size of the Canada apparel retail market by value in 2023?
• What will be the size of the Canada apparel retail market in 2028?
• What factors are affecting the strength of competition in the Canada apparel retail market?
• How has the market performed over the last five years?
• What are the main segments that make up Canada's apparel retail market?