Industry Analysis & Industry Trends
Revenue growth for operators in the Men's and Boys' Apparel Wholesaling industry has remained sluggish over the past five years. With decreased discretionary spending, retailers offered steep discounts to consumers to retain sales. Due to weak downstream demand, wholesalers were left with excess inventories and slashed their own prices to move stock. In the coming years, as consumers regain confidence and purchasing power, demand for men's and boys' apparel will increase... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld estimates that the Men's and Boys' Apparel Wholesaling industry has consistently grown at a similar rate as the economy. The industry falls in the broader consumer cyclical sector and tends to do well in times of high consumer confidence and spending. Industry value added (IVA), the industry's contribution to the economy, is expected to grow at an average annual rate of 2.4% over the 10 years to 2020, close to the average annual growth of gross domestic product (GDP), which is forecast to be about 2.5% over the same time frame. This factor is a clear indicator that the industry is in the mature stage of its life cycle.
The industry's market segments are well defined and developed, and technological advancement is low... purchase to read more