Online Men's Clothing Sales in Australia - Industry Market Research Report

Online Men's Clothing Sales in Australia - Industry Market Research Report

Online Men's Clothing Sales in Australia

Growing acceptance of online shopping and changing attitudes towards men's fashion have driven the charge towards more robust online sales of men's clothing. While traditional retail industries have struggled with volatile consumer sentiment, online stores have relished offering consumers more choices and better value items to help them reduce overall spending. Because of tactics like this, industry revenue is set to increase at an annualised 18.2% through the five years to 2022-23, to $1.8 billion, including growth of 5.5% in the current year.

Industry firms sell men’s clothing online and are either online-only retailers or bricks-and-mortar stores with online operations. The industry includes online sales generated by department stores and unisex clothing retailers.

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.