Womenswear Stores in Australia - Industry Market Research Report

Womenswear Stores in Australia - Industry Market Research Report
Womenswear Stores in Australia

Operators in the Womenswear Stores industry have faced varied trading conditions over the past five years. Volatile consumer sentiment and intense competition have defined the retail environment. Many consumers have become more cautious, cutting expenditure on discretionary items and saving rather than spending. This trend has continued throughout much of the five-year period, as consumers have remained apprehensive about global economic conditions. However, heavy investment in online sales channels has supported many industry operators over the period, particularly the larger players. Industry revenue is expected to rise at an annualised 0.4% over the five years through 2022-23, to $10.1 billion. This trend includes an increase of 1.8% in the current year, driven by rising consumer optimism.

Industry companies retail women’s clothing. Industry firms include specialist women’s clothing stores and unisex clothing retailers that sell women’s clothes. The industry excludes department stores and online-only retailers.

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.