Children's & Infants' Clothing Stores in Canada
Over the five years to 2018, the Children's and Infants' Clothing Stores industry in Canada has suffered from increased external competition, though improvements in the macroeconomic climate have kept the industry afloat. While growth in consumer spending and per capita disposable income have encouraged shoppers to splurge on high-end children's clothing, many apparel purchases have been captured by industries that directly compete for consumer dollars. Furthermore, limited consumer leisure time has encouraged shoppers to visit department stores or other one-stop-shop establishments in lieu of the specialty retailers that operate in this industry. These factors combined have caused industry revenue to slightly decline over the five years to 2018. Over the five years to 2023, the industry will experience a period of growth. Despite increasing external pressure from competing industries, industry revenue is expected to grow.
This industry includes specialized clothing retailers that sell a wide range of ready-to-wear infant and children’s clothing. Supplementary services include basic alterations, such as hemming and taking in or letting out seams. This industry excludes retail sales from department stores, mass merchants 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.