Clothing Stores in China - Industry Market Research Report

Clothing Stores in China - Industry Market Research Report

Clothing Stores in China

Revenue for the Clothing Stores industry in China is expected to rise an annualized 2.6% over the five years through 2023. Slower growth since 2012 has been mainly due to the weaker performance of the Chinese economy and a high level of inventory limiting product prices. However, this decline is primarily due to a revenue fall in 2020 due to economic weakness during the COVID-19 pandemic. Industry revenue is set to increase 3.4% in the current year, to total $28.4 billion.

The Clothing Store industry is part of the retail sector in China. Operators in this industry retail clothing for men, women, and children, as well as clothing accessories such as scarves, socks, belts and ties. The major sites for retailing operations are clothing specialty stores, franchised stores, and independent outlets.

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.