Dress for success: A depreciating Canadian dollar will likely increase the affordability of industry products abroad
The Men's and Boys' Apparel Manufacturing industry in Canada has been characterized by offshoring, import competition and a significant shift toward producing high-end products over the past five years. The industry, which manufactures men's and boys' apparel from purchased fabrics, has been challenged by high import penetration. However, manufacturers shifting toward producing high-end, value-added designer and handcrafted fashion have helped industry revenue from falling at a much sharper rate. Consequently, industry revenue is expected to fall an annualized 6.5% to $1.0 billion over the five years to 2023, including a decrease of 3.6% in 2023 alone as consumer confidence levels fall. However, profit is expected to improve.
The Men’s & Boys’ Apparel Manufacturing industry in Canada 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's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Jack Victor Limited
Methodology
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