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Clothing and Footwear Repair in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Clothing and Footwear Repair Market Research Report | ANZSIC S9491 | Nov 2015

Repairs over replacements: Volatile consumer sentiment boosted demand for industry services

IBISWorld’s Clothing and Footwear Repair market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$225m
Annual Growth 11-16
3.2%
Annual Growth 16-21
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Profit
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Employment
2,195
Businesses
730
Industry Analysis & Industry Trends

The Clothing and Footwear Repair industry has fared well over the past five years. The industry has been largely unaffected by the turbulent economic conditions that have plagued traditional retailers. Widespread economic uncertainty and volatility in consumer sentiment have prompted many households to scale back expenditure on unnecessary items of clothing and footwear, and instead extend the life of existing items by spending on repair and alteration services. Industry players have also benefited from the growing popularity of upcycling, where old garments are transformed into new items. Over the five years through 2015-16, industry revenue is forecast to rise at an annualised 3.2% to reach $225.0 million, including growth of 1.8% in 2015-16... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Clothing and Footwear Repair industry is in the mature stage of its life cycle. Over the 10 years through 2020-21, the industry's contribution to the economy (industry value added) is expected to rise by an annual rate of 2.2%, a steady performance compared with annualised GDP growth of 2.8%. As a result, the industry is projected to underperform the overall economy during this period.

Industry establishments are expected to trend upwards over the period to cater for steady demand for clothing repair and alteration services. Existing franchise chains will continue to grow their networks across Australia to reinforce brand image and increase market share... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Clothing and Footwear Repair Industry?

Operators in the industry undertake repairs or alterations to clothing and footwear. Services offered range from basic repairs to complete restyling of older garments to make new clothing. Repairers may operate under a franchise model or as independent businesses. Stores are primarily located in shopping centres or shopping strips, which increases their exposure to passing consumer traffic.

Industry Products
Clothing repairClothing alterationsFootwear repair
 
Industry Activities
Clothing repairs and alterationsFootwear repairs


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