$24.1bn
$X.Xbn
108k
14,581
$X.Xbn
The Clothing Retailing industry is susceptible to consumer spending patterns, which is why the digital revolution and inflationary pressures have beset its performance in recent years. The pandemic forced most retailers to shut down temporarily, eroding instore sales and prompting their move into the digital space. Clothing retailers have continued to merge the physical and online sectors as part of their multichannel agendas, developing websites and mobile apps to boost the number of customer touchpoints. This trend enabled retailers to capitalise on the pandemic-driven online shopping boom. Retailers enjoyed higher profitability as pandemic restrictions eased, with revenge spending and soaring inflation boosting earnings. However, the cost-of-living crisis has led consumers to pare back their expenditure over the two years through 2024-25, restricting their outlay on non-essentials like clothes or prompting them to choose more cost-effective options online. Overall, revenue is expected to have grown at an annualised 3.7% over the five years through 2024-25, to $24.1 billion. This includes an anticipated 3.8% fall in 2024-25, as consumer pessimism compels shoppers to save more and spend less.
Industry revenue has grown at a CAGR of 3.7 % over the past five years, to reach an estimated $24.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue ($m)
2025 |
---|---|---|
Country Road | 1,032.9 | |
COGI | 1,021.8 | |
Premier Investments | 996.9 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Men's clothing, Women's clothing and Girls' clothing. Men's clothing is the largest segment of the Clothing Retailing in Australia.
Online retailers cut short revenue for womenswear stores
Clothing retailers purchase a variety of apparel products and accessories from wholesalers and manufacturers and then sell these products directly to consumers, generally without developing or changing them. Retailers in the industry sell goods in one or more shops and may operate an online store.
Purchase this report to view all 4 major companies in this industry.
ANZSIC 4251 - Clothing Retailing in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Clothing retailers have blurred the lines between physical and digital markets. They've launched and improved digital platforms, like websites and mobile apps, to streamline ...
Learn about an industry's products and services, markets and trends in international trade.
Men have become increasingly style-conscious, investing more in their fashion and appearance. As men's clothing is often pricier than women's, the knock-on effects have raise...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Economic activity, population levels and income distribution influence clothing retailers’ geographic spread. The eastern seaboard states house the majority of industry estab...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Leveraging a competitive pricing strategy helps retailers keep pace with competitors and maintain market share. Shoppers have become savvier spenders, actively seeking online...
Learn about the performance of the top companies in the industry.
The Clothing Retailing industry has no major players. Instead, the industry comprises multilayered product segments, limiting retailers' chances to dominate without incurring...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Clothing retailers have benefited from upstream trade liberalisation. Reduced tariffs have lessened retailers’ procurement costs, enabling them to pass on cost savings to cus...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Despite fierce price-based competition and volatile consumer spending, industrywide profit has trended upwards. Retailers have undergone internal business remodelling – from ...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Clothing Retailing industry in Australia is $24.1bn in 2024.
There are 14,581 businesses in the Clothing Retailing industry in Australia, which has grown at a CAGR of 4.0 % between 2019 and 2024.
The market size of the Clothing Retailing industry in Australia has been growing at a CAGR of 3.7 % between 2019 and 2024.
Over the next five years, the Clothing Retailing industry in Australia is expected to grow.
The biggest companies operating in the Clothing Retailing market in Australia are Country Road, COGI and Premier Investments
Women's clothing and Men's clothing are part of the Clothing Retailing industry.
The company holding the most market share in Australia is Country Road.
The level of competition is high and increasing in the Clothing Retailing industry in Australia.