Overview

Dressed down: Shifts in consumer behaviour and spending patterns have constrained revenue

IBISWorld’s Clothing Retailing in New Zealand market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

REPORT SNAPSHOT

Industry Analysis & Industry Trends

The Clothing Retailing industry has performed well despite challenging conditions over the past five years. Industry firms have struggled with growing price-based competition and a significant shift in consumer spending behaviour. Despite this, industry revenue has grown by an annualised 1.1% over the past five years, to total $2.57 billion. Strong consumer sentiment and rising household disposable incomes have supported revenue growth over the period. Industry revenue is anticipated to grow by 1.6% in the current year, fuelled by rising consumer sentiment. This follows a decline in revenue in 2016-17, as severe natural disasters led to falling demand for consumer goods such as apparel...

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Industry Report - Starting a New Business Chapter

The industry exhibits moderate barriers to entry. However, barriers can be lower for smaller firms entering the industry. Low initial capital outlay is associated with establishing a new store. The most significant costs faced by new entrants are purchases, wages and rent. If retail space is unavailable or too expensive in popular locations, this can be a barrier to entry for small players.

Competition in the industry is high and a range of products are available in terms of price, style and quality. However, this diversity allows smaller operators to specialise in niche areas of the market, which typically have lower barriers to entry. Brand awareness is an important aspect of success and building a solid reputation in the industry can take time, deterring some entrants. New..

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Additional Insights for the Clothing Retailing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Clothing Retailing Industry are

  • Ability to control stock on hand
  • Having a clear market position
  • Production of goods currently favoured by the market
  • 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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    New Zealand Special Report

    Industry Products

    What is the Clothing Retailing in New Zealand Industry?

    Industry firms primarily retail clothing and clothing accessories. Clothing retailers typically purchase products from wholesalers or manufacturers, and sell these goods directly to consumers. The industry excludes department stores and online-only retailers.

    Industry Products
    Men's clothing
    Women's clothing
    Children's and infants' clothing
    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

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real household disposable income
  • Consumer sentiment index
  • Demand from department stores
  • Trade-weighted index

  • Current Performance
  • Consumer demand
  • Competition
  • Profit
  • Industry participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit
  • Industry structure
  • Competition
  • Table: Clothing Retailing Industry Revenue Outlook

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

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Consumers in New Zealand

  • Key Selling Industries
  • Clothing and Footwear Wholesaling in New Zealand
  • Commercial Property Operators in New Zealand
  • Electricity Retailing in New Zealand
  • Wireless Telecommunications Carriers in New Zealand

  • Products & Services
  • Women's clothing
  • Men's clothing
  • Children's and infants' clothing
  • Clothing accessories
  • Chart: Clothing Retailing Industry Products and Services Segmentation

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

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Clothing Retailing

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

  • Industry Globalization
    Major Companies
    Hallenstein Glasson Holdings LimitedKimbyr Investments Limited
  • Table: Hallenstein Glasson Holdings Limited - financial performance
  • Table: Kimbyr Investments Limited - financial performance

  • Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Clothing Retailing Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    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 combines a cash register with a credit and debit card electronic payment system in one device.
  • Radio Frequency Identification (Rfid)
  • Microchips that help retailers to track products throughout the supply chain by releasing continuous signals.
  • Why buy this report?

    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 in New Zealand:
    • 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 in New Zealand 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 in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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