A good fit: Investment into delivery options and online portals has supported growth

Clothing retailers have faced somewhat challenging operating conditions over the past five years. Clothing prices have fallen recently due to persistent price competition and widespread discounting. This has constrained revenue growth somewhat. Retailers have also had to work hard to retain and draw away customers from rival supermarkets, department stores and online-only retailers. The evolution of the retail landscape and the persistent rise of online shopping have prompted most retailers to invest substantially in their online offerings and delivery capabilities, which has proved beneficial, and delivery options now make up a relatively substantial share of industry operators' revenue...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • The industry has faced significant competition, but new strategies have supported growth
  • Operators have faced significant pressure from online-only retailers in recent years
  • Despite its success, some clothing companies have not yet developed click-and-collect services
  • Industry Report - Starting a New Business Chapter

    IBISWorld classifies the Clothing Retailing industry as having low barriers to entry, although the barriers to success are higher. The capital costs associated with establishing a new store are relatively low. The most significant costs involved for potential participants are purchases, wages and rent. Location is critical for clothing retailers and access to space in popular high-street shopping precincts and centres may be either unavailable or too expensive for small retailers, which can be considered a barrier to entry.Industry concentration is currently low, with the four biggest players accounting for approximately 20.8% of total revenue in the current year. Nonetheless, concentration levels vary between segments. Maj...purchase to read more.

    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 pass on cost increases
  • Attractive product presentation
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Demand from department stores 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 source clothing from wholesalers or manufacturers and sell them to consumers. Most industry participants sell goods from one or more retail stores and often operate an online portal as well. The industry does not include enterprises that only operate online. Although accessory sales are covered, shoe sales are not.

    Industry Products
  • Women's clothing
  • Men's clothing
  • Children's and infants' clothing
  • Accessories
  • Delivery options
  • Industry Activities
  • Retailing women's clothing
  • Retailing men's clothing
  • Retailing children's and infants' clothing
  • Retailing accessories and other items
  • 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
  • Demand from department stores
  • Consumer confidence index
  • Real effective exchange rate
  • World price of cotton

  • Current Performance
  • Sizing up the competition
  • Online revolution
  • Expanding offerings
  • Current concerns
  • Market structure

    and profit

  • Chart: Revenue Growth

  • Industry Outlook
  • Competitive threats
  • New markets
  • Online growth
  • Technological change
  • 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 & Footwear Wholesaling
  • Clothing Manufacturing
  • Manufacture of Underwear
  • Workwear Manufacturing

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

  • Demand Determinants
    Major Markets
  • Consumers aged between 30 and 49
  • Consumers aged 29 and under
  • Consumers aged between 50 and 64
  • Consumers aged 65 and over
  • 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
    ProfitPurchasesWagesRentDepreciationOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Clothing Retailing

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

  • Industry Globalization
    Next Group plc, Primark Stores Limited,
  • Table: Next Group plc - financial performance
  • Table: Primark Stores 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
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bricks-And-Mortar Store
  • Describes a store with a physical building and a high-street presence.
  • Flagship Store
  • The retail chain's most prominent location or largest store.
  • National Living Wage
  • A new National Minimum Wage rate for non-apprentices aged 25 and over.
  • 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 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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