Best dressed: Online shopping's growing popularity has supported industry revenue

Operators in the Clothing Retailing industry have faced several challenges over the past five years, including cautious consumer spending, intense competition and rising rent costs. Industry revenue is expected to increase at an annualised 1.8% over the five years through 2019-20, to $17.4 billion. This trend includes anticipated growth of 0.4% in the current year, largely due to bricks-and-mortar retailers expanding their online sales channels. Volatile consumer sentiment and strong competition from online-only retailers have created a difficult trading environment for industry operators over the past five years. Low wages growth and falling house prices over the second half of the period have affected consumer sentiment, encouraging a bargain-hunting mentality among many individuals...read more.

Industry Statistics & Market Size
Revenue
$17bn
Annual Growth 15-20
1.8%
Forecast Growth 20-25
Profit
Employment
109,545
Businesses
11,039
Market Share of Companies

Industry Threats & Opportunities

  • Larger retailers have aimed to increase their economies of scale through mergers and acquisitions
  • Industry competition has intensified as international retailers have expanded their local presence
  • Franchise and chain stores will likely gain market share at the expense of independent stores
  • Industry Report - Industry Locations Chapter

    The geographic spread of the industry is closely correlated with economic activity and population and income distribution. Clothing retailers are concentrated in the densely populated eastern seaboard states, with New South Wales, Victoria and Queensland accounting for approximately 83% of industry establishments and almost 78% of Australia's population. On the other hand, less populous states and territories such as Tasmania, the Northern Territory and the Australian Capital Territory account for a combined 3.4% of clothing retailers and less than 5% of the population.New South Wales and Victoria account for a greater proportion of establishments than their population base would indicate. Thi...purchase to read more.

    Additional Insights for the Clothing Retailing Industry

    IBISWorld has determined the most important Key Success Factors for the Clothing Retailing are:

  • Ability to control stock on hand
  • Superior financial management and debt management
  • Having a clear market position
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Consumer sentiment index in the Clothing Retailing industry impact industry performance..

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    What's in this report

    What is the Clothing Retailing Industry?

    Clothing retailers purchase a variety of apparel products and accessories from wholesalers and manufacturers and sell these products directly to consumers, generally without developing or changing them. Retailers in the industry sell goods in one or more shops and may operate an online store. The industry excludes department stores and online-only retailers.

    Industry Products
  • Men's clothing
  • Women's clothing
  • Girls' clothing
  • Boys' clothing
  • Infants' clothing
  • Accessories
  • Industry Activities
  • Glove, hosiery, hat and accessory retailing
  • Men's and women's clothing retailing
  • Infants' and children's clothing retailing
  • Foundation garment retailing
  • Fur and leather clothing retailing
  • Work clothing and uniform retailing
  • Sports clothing retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Real household disposable income
  • Consumer sentiment index
  • Demand from online shopping
  • Demand from department stores
  • Trade-weighted index

  • Current Performance
  • Profit trends
  • Growing competition
  • Innovation
  • Acquisitions
  • Chart: Revenue Growth

  • Industry Outlook
  • Growing competition
  • Technological changes
  • Profit trends
  • Industry participation
  • Table: Clothing Retailing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Clothing Retailing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Clothing Wholesaling
  • Knitted Product Manufacturing
  • Leather and Leather Substitute Product Manufacturing
  • Men's and Boys' Wear Manufacturing
  • Sleepwear, Underwear and Infant Clothing Manufacturing
  • Tailoring and Clothing Accessories Manufacturing
  • Women's and Girls' Wear Manufacturing

  • Products & Services
  • Women's clothing
  • Men's clothing
  • Accessories
  • Infants' clothing
  • Girls' clothing
  • Boys' clothing
  • Chart: Clothing Retailing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • People aged 35 to 54
  • People aged 55 and over
  • People aged 15 to 34
  • Chart: Major Market Segmentation for the Clothing Retailing 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 Clothing Retailing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Clothing Retailing Industry

  • Industry Globalization
    Noni B Limited, Woolworths International (Australia) Pty Limited,
  • Table: Noni B Limited - financial performance
  • Table: Woolworths International (Australia) Pty Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Clothing Retailing 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 Clothing Retailing Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bricks-And-Mortar
  • A store that has a physical presence and location, as opposed to an online-only retailer that operates through a website.
  • Point Of Sale (Pos)
  • Technology that incorporates a cash register with a credit and debit card electronic payment system in the one device.
  • Radio Frequency Identification (Rfid)
  • Tags that can track products throughout the supply chain by releasing continuous signals from a chip that is inserted in the product during manufacturing.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Clothing Retailing 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 Clothing Retailing:
    • 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 Clothing Retailing 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 Clothing Retailing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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