Dressed for success: The recent entry of several global brands has boosted industry revenue

IBISWorld’s Fast Fashion 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.


Industry Analysis & Industry Trends

Fast fashion has made its way into consumers’ wardrobes over the past five years. The Fast Fashion industry’s revenue is expected to grow at an annualised 21.5% over the five years through 2016-17, to $1.8 billion. The rise of social media and online shopping has exposed consumers to the latest designer fashion from runway shows, fuelling their desire for new styles and trends on demand.

Weak consumer sentiment and subdued disposable income growth over the past five years have prompted many consumers to look for cheaper clothing alternatives. This trend has contributed to the popularity of fast fashion stores, due to their ability to offer low prices and constantly update product ranges with new styles and designs...

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What is the Fast Fashion industry?

The distribution of industry establishments closely follows the distribution of Australia’s population. New South Wales, Victoria and Queensland, Australia’s three most populated states, account for most fast fashion retail stores. In contrast, states and territories with small populations, such as Tasmania, the Australian Capital Territory and the Northern Territory, only account for a small proportion of establishments.

Population density is a major factor influencing where fast fashion retailers are located. The industry relies on high turnover of stock to ensure that shelves can be replenished with new styles and fashions. Areas that are more densely populated provide greater foot traffic potential, increasing demand for individual stores. Con...

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Products & Brands

Major products in this industry
Men's clothing
Women's clothing
Children's and infants' clothing
Accessories and footwear
Examples of brands in this Industry
Cotton On

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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