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Clothing Stores in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Clothing Stores Market Research Report | Sep 2014

Dressed to impress: Industry revenue returns to strong growth following economic instability

IBISWorld’s Clothing Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$21bn
Annual Growth 09-14
9.8%
Annual Growth 14-19
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Profit
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Employment
832,609
Businesses
40,986
Industry Analysis & Industry Trends

Over the past five years, revenue for the Clothing Store industry in China has been growing at an annualized rate of 9.8%. Slower growth in 2012 and 2013 has been mainly due to the weaker performance of Chinese economy and a high level of inventory repressing product prices. In 2014, revenue is set to grow just 6.0% tp $21.0 billion.

Overall, industry growth was strong in the past decade due to the opening of the market in accordance with China's World Trade Organization commitments. After 2001, foreign capital streamed in, bringing with it experienced management and systems. And as the Chinese economy developed, living standards improved and demand for fashion products grew.... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years through 2014, revenue for the Clothing Store industry in China has been increasing at an annualized rate of 9.8% per year – from $13.2 billion in 2009 to an estimated $21.0 billion in 2014. The industry was buoyed by increased overall consumption in 2008, stemming from the Beijing Olympics, but limited by reduced demand and lower prices due to the global economic recession of 2009. Overall industry growth has been driven by strong performance of Chinese economy and improving living standards.

Performance trends

Since China's accession to the World Trade Organization in 2001, foreign retailers have begun to enter the Chinese market, putting downward pressure on retail prices for clothing... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Clothing Stores Industry?

The Clothing Store industry is part of the retail sector in China. Operators in this industry retail clothing for men, women, and children, as well as clothing accessories such as scarves, socks, belts and ties. The major sites for retailing operations are in clothing specialty stores, franchised stores, and independent outlets.

Industry Products
Upper outer garmentsUnderwearFormal and casual trousersSweatersJeansSkirtsSportswear and shorts
 
Industry Activities
Men's clothing retailingWomen's clothing retailingChildren's clothing retailingSportswear retailingLeather and fur clothing retailingUnderwear and sweater retailingClothing accessories retailingOther clothing retailing


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