Women's Clothing Stores in Canada - Industry Market Research Report

Women's Clothing Stores in Canada - Industry Market Research Report
Women's Clothing Stores in Canada

Over the past five years, the Canadian Women's Clothing Stores industry has undergone substantial changes in the face of a burgeoning e-commerce trend and a greater interest in sustainability. Women's clothing stores have adapted to the new retail landscape by integrating sales channels, personalizing shopping experiences and investing in sustainability. While many brands have prioritized the sustainable sourcing of clothing and transparent supply chains, a slew of fast fashion brands have also emerged to meet rapidly evolving consumer preferences. Despite fierce competition and shaky economic conditions, revenue has expanded at a CAGR of 1.1% over the past five years to reach an estimated $8.7 billion in 2023, when revenue is projected to swell by 4.1%.

Industry operators specialize in women’s wear, including juniors’ clothes, misses’ clothes, plus-size fashion and maternity wear. Many retailers also sell accessories and other apparel (such as men’s and children’s) that are traditionally undertaken by industries such as the Men’s Clothing Stores industry in Canada (IBISWorld report 44811CA) and the Children’s and Infants’ Clothing Stores industry in Canada (44813CA).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.