Canada: Clothing & Footwear – Market Shares, Summary & Forecasts to 2023

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Canada: Clothing & Footwear – Market Shares, Summary & Forecasts to 2023


Canada: Clothing & Footwear – Market Shares Summary Forecasts to 2023, Market Shares, Summary and Forecasts to 2022″ provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Canada retail environment. In addition, it analyzes the key consumer trends influencing Canada clothing and footwear industry

Clothing & footwear sales in the country reached C$42 billion in 2018 and are forecast to grow at a CAGR of 2.4% to C$47 billion in 2023. Growth in the sector will be in part driven by millennials’ growing demand for sportswear following the success of the athleisure trend.

What else does this report offer?

– In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
– The report also details major retailers in clothing and footwear category group with their product proposition analysis and market positioning in 2017 along with recent key developments
– Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
– Retail sales and the fastest-growing product categories in clothing and footwear sector
– Qualitative and quantitative insights of changing retail dynamics in clothing and footwear sector


– Price sensitive consumers and multiple pricing options slowdown growth in the sector
– Clothing category set to grow by C$3.7bn over the forecast period
– Rising demand for sports footwear is driving growth
– Specialists and department stores are losing share to the online channel
– Demand for recycling/renting online players dampen growth as channel matures

Reasons to buy

– Gain a comprehensive knowledge on clothing and footwear sector in the Canada retail market and develop a competitive advantage from the start of your supply chain
– Investigate current and forecast behavior trends in clothing and footwear category to identify the best opportunities to exploit
– Understand the fastest growing categories including menswear, womenswear, childrenswear, men’s footwear, women’s footwear and children’s footwear in the market
– Analysis of key international and domestic players operating in the clothing and footwear market
– Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
– Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the clothing and footwear market

Companies Mentioned:
Hudson’s Bay
Holt Renfrew
Old Navy

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