Childrenswear in Canada - New Study Released

Childrenswear posted flat results over the past few years and increased by 1% in current retail value terms in 2013. The market was unable to increase volumes faster than population growth, and dollar value growth was stagnant. A new federal law gives Canadians tax relief on purchases of baby clothes. As of 1 April 2013, the federal government eliminated all tariffs on baby clothes to reduce the gap in retail prices that Canadians pay compared to US consumers. This tax break will encourage Canadian consumers to shop nationally.

Competitive Landscape

The US retailer The Children's Place remained the leading player in 2013, and registered retail value growth of 7% in current terms to reach sales of C$235million. The retailer focused on increasing its store count to squeeze out the competition in a tight category. The company opened six stores to make up for weak comparative sales results. In addition, The Children's Place implemented its new website platform throughout 2013, to add range to its distribution strategy. The retailer's e-commerce also saw increases in sales. in 2013. Furthermore, in 2013, the retailer brought out a new collection for boys, which included chino trousers for C$21, faux layered athletic rugby shirts for C$23 and polos for C$13.

Full Report Details at
- http://www.fastmr.com/prod/836582_childrenswear_in_canada.aspx?afid=303

Industry Prospects

Childrenswear is expected to see only moderate growth in the coming years. Canadian birth rates are expected to remain low and with immigration generally only affecting older demographic segments, childrenswear is expected to register a CAGR of 1% at constant 2013 prices over the forecast period to reach C$3.4 billion, while volume of sales will remain largely flat. While fashion trends and sports apparel are expected to have some positive effect on value sales, the continuing strength of cross-border shopping and bargain shopping (as childrenswear is subject to quick wear and tear) will be impacting demand unfavourably.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Childrenswear industry in Canada with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Childrenswear industry in Canada, our research will save you time and money while empowering you to make informed, profitable decisions.

The Childrenswear in Canada market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth  

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Childrenswear in Ukraine
- Childrenswear in Greece
- Childrenswear in Egypt
- Childrenswear in Malaysia
- Childrenswear in Hungary