Industry Analysis & Industry Trends
Over the five years through 2015-16, revenue for the Clothing Wholesaling industry is expected to decline by an annualised 0.6%. As the global reach of many clothing companies grows, wholesale bypass is becoming increasingly prevalent. Low-cost producers in countries such as China and Vietnam are becoming more accessible, selling products directly to retailers and bypassing wholesalers in the process. The Clothing Wholesaling industry's weak performance can also be attributed to low underlying demand from the clothing retail sector. The rise of online clothing stores has undermined demand for products sold through traditional retail channels, which has undercut retailers' demand for products sold by wholesalers... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Clothing Wholesaling industry is in the decline stage of its life cycle. IBISWorld expects industry value added (the measure of industry contribution to Australian GDP) to grow by a slow 0.5% annualised over the 10 years through 2020-21. In contrast, Australia's GDP is expected to grow at an annualised 2.8% over the same period. Consequently, the industry is expected to account for a smaller share of the economy.
The number of establishments is expected to grow by an annualised 0.8% over the 10-year period. The industry is fragmented and comprised of a large number of small operators. Wholesale bypass has resulted in reduced demand for independent wholesalers, as large retailers have been able to purchase from local or overseas manufacturers directly... purchase to read more