In tatters: Strong competition from low-cost imports has caused significant revenue losses

Operators in the Men’s and Boys’ Wear Manufacturing industry have faced significant losses over the past five years, as they have struggled to compete with international competitors that have significant cost advantages. Low wage costs overseas and reduced tariffs on imported clothing have intensified competition and contributed to a flood of imported apparel. As a result, industry revenue is expected to decline at an annualised 6.7% over the five years through 2017-18, to $198.9 million. The removal of tariffs on clothing originating from China as part of the China-Australia Free Trade Agreement as of 1 January 2017 is anticipated to significantly affect the industry, contributing to an expected revenue decline of 11.7% in the current more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Increasing international competition has reduced industry demand over the past five years
  • Intensifying competition from imported clothing has placed downward pressure on profit margins
  • Profit margins are expected to rise as more players focus on niche, high value-added products
  • Industry Report - Starting a New Business Chapter

    The major barriers to entering this industry include: high costs associated with the establishment of brand names; equipment and machinery expenses; costs associated with advertising and maintaining brand-name awareness; difficulties in obtaining licence agreements for manufacturing branded apparel; and accessing distribution channels at the retail level. The cost and effort required to secure export sales can be problematic for prospective industry entrants. The development of new export markets often requires significant expenditure and market intelligence. New exporters must overcome country-specific hurdles such as enforcing intellectual property rights and contracts. The...purchase to read more.

    Additional Insights for the Men's and Boys' Wear Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Men's and Boys' Wear Manufacturing are:

  • Ability to expand and curtail operations rapidly in line with market demand
  • Establishment of export markets
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Demand from clothing retailing and Demand from department stores in the Men's and Boys' Wear Manufacturing industry impact industry performance..

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    What's in this report

    What is the Men's and Boys' Wear Manufacturing Industry?

    The industry includes companies that manufacture men’s and boys’ apparel from purchased materials. Industry players purchase fabrics and materials from textile producers. These fabrics are then cut and sewn to produce men’s and boys’ clothing items, which are purchased by retail and wholesale firms for resale to consumers. Headwear, footwear and garments made from leather are not included in the industry.

    Industry Products
  • Suits
  • Cardigans, jumpers and coats
  • Trousers and jeans
  • Shirts and t-shirts
  • Other clothing
  • Industry Activities
  • Men's and boys' coats and jackets
  • Men's and boys' jeans, trousers and shorts
  • Men's and boys' suits
  • Men's and boys' cardigans and jumpers
  • Men's and boys' shirts, t-shirts and tops
  • Men's and boys' uniform and workwear
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from clothing retailing
  • Demand from department stores
  • Import duties on apparel manufacturing
  • Real household disposable income
  • Trade-weighted index

  • Current Performance
  • Imports
  • Outworkers
  • Retail downturn
  • Chart: Revenue Growth

  • Industry Outlook
  • Slowing imports
  • Niche markets
  • Table: Men's and Boys' Wear Manufacturing Industry Revenue Outlook

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

  • Supply Chains
    Key Buying Industries
  • Clothing Wholesaling
  • Department Stores
  • Clothing Retailing
  • Defence
  • Health Care and Social Assistance

  • Key Selling Industries
  • Knitted Product Manufacturing
  • Synthetic and Natural Textile Manufacturing

  • Products & Services
  • Shirts and t-shirts
  • Trousers and jeans
  • Cardigans, jumpers and coats
  • Suits
  • Other clothing
  • Chart: Men's and Boys' Wear Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Boutique and independent stores
  • Wholesalers
  • Department stores
  • Specialised industries
  • Chart: Major Market Segmentation for the Men's and Boys' Wear Manufacturing Industry

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

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Men's and Boys' Wear Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Men's and Boys' Wear 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 and Boys' Wear Manufacturing Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer Aided Design (Cad)
  • Assists with clothing design by providing a three-dimensional view and the ability to change colours, modify fabric structure and print results.
  • Computer Aided Manufacture
  • Includes two or more machines that work together to produce a garment through a sequence of operations.
  • Radio-Frequency Identification
  • Wireless computer chips that track products through the supply chain from the manufacturer to the customer, and contain information on the source, destination and price of the good.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Men's and Boys' Wear Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    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 and Boys' Wear 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 and Boys' Wear 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 and Boys' Wear Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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