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Clothing Boutiques in the US - Industry Market Research Report

Publisher IBISWorld
Published Jul 19, 2024
Length 69 Pages
SKU # IBSS19023294

Description

Clothing Boutiques in the US - Industry Market Research Report


Clothing Boutiques in the US

The Clothing Boutiques industry comprises small retail stores that offer only a limited range of apparel and accessories. By nature, the industry is highly fragmented because industry retailers are defined as having only one establishment. Clothing boutiques typically cater to high-end or niche markets and are reliant on strong macroeconomic conditions. Despite strong economic conditions through the end of 2023, heightened competition and the global COVID-19 pandemic ultimately caused industry revenue to contract. While regulations have eased and the economy has begun to recover, industry revenue has not reached pre-pandemic levels. As a result, industry revenue has been climbing at a CAGR of 0.4% over the past five years and is expected to reach $32.0 billion through the end of 2023. This includes stagnant growth in 2023 alone.

This industry includes small retail stores that offer a limited range of apparel and accessories. The industry is defined as single-establishment stores only. Boutiques can be designer based (i.e. only one designer’s collection is sold there), or they may sell a mix of brands that are specifically catered to the local market.

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.

Table of Contents

69 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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