Men's & Boys' Apparel Manufacturing in Canada
The Men's and Boys' Apparel Manufacturing industry in Canada has been characterized by offshoring, import competition and a significant shift toward the production of high-end products over the five years to 2019. The industry, which manufactures men's and boys' apparel from purchased fabrics, has been challenged by high import penetration. However, operators that have shifted toward producing high-end, value-added designer and handcrafted fashion have managed to boost the industry. Apparel imports tend to be less expensive than domestically made goods because operators in foreign countries benefit from relatively low labour costs. Consequently, imported clothing is more attractive to downstream wholesalers and retailers, posing a competitive threat to domestic manufacturers. Over the five years to 2024, revenue growth is expected to significantly slow while profit somewhat increases.
This industry manufactures men’s and boys’ apparel from purchased fabrics.
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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