Lingerie, Swimwear & Bridal Stores in Canada
Operators in the Lingerie, Swimwear and Bridal Stores industry in Canada have experienced strong revenue increases over the five years to 2018. Growth has been underpinned by strong economic gains, changing fashion trends and expansion of internationally based stores into the Canadian market. Over the five years to 2018, IBISWorld expects that these positive drivers will increase industry revenue. However, gains have been pressured throughout the period by an increase in competition from external industries. Department stores, discount outlets and e-commerce retailers have been strong sources of competition for industry players. Over the five years to 2023, the industry landscape will continue to display similar overarching trends as it did over the past five years. In line with positive macroeconomic growth, consumers will continue to demand luxury items, such as silk and satin lingerie and designer bras. Over the five years to 2023, increased demand for high-value goods will drive industry revenue to increase.
Industry operators retail specialized collections of clothing, bridal wear, costumes, lingerie, swimwear and uniforms. These items are procured from domestic and foreign manufacturers and wholesalers. Industry operators also provide basic tailoring services such as hemming and alteration of sleeves and inseams. This industry does not include general sales of apparel and athletic uniforms.
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.
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