Industry Analysis & Industry Trends
Downstream demand for discretionary purchases of clothing will support industry growth over the next five years, after weak economic conditions hurt wholesalers. Nevertheless, the infiltration of low-cost imports has intensified price competition for domestic wholesalers, cutting into profit margins. Over the five years to 2017, imports will make up an increasing proportion of domestic demand; therefore, operators will need to cut their own prices and offer more services to buyers to remain relevant... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld estimates that the Women's and Children's Apparel Wholesaling industry has consistently grown at rates below that of the general economy. Industry value added (IVA), the industry's contribution to the economy, is expected to grow at an average annual rate of 0.8% over the 10 years to 2018, slower than the average annual growth of GDP, which is forecast to be about 2.1% over the same time frame. This slow growth is a telltale sign that the industry is in the decline stage of its life cycle; its contribution to the economy is diminishing. Total wages, which are used to calculate IVA, are also anticipated to drop over the ten year period at an annualized rate of 1.4%... purchase to read more