Malaysian attire retail gross sales strong
In this article (4)
The Malaysian attire retail business has posted compound annual progress price of 9.9 per cent between 2010 and 2014.
In accordance with a brand new report the sector achieved complete revenues of US$1.eight billion in 2014.
However one of the best is but to return. The efficiency of the business is forecast to speed up, with an anticipated CAGR of 10.three per cent for the 5 years from 2014 to 2019, which is predicted to drive the business to a worth of $2.9 billion by the top of 2019.
Not surprisingly, the womenswear phase led the best way with complete 2014 revenues of $800 million, equal to 47.5 per cent of the business’s general worth, based on the report.
Questions & Answers
Q.What were the total revenues for the Malaysian attire retail sector in 2014?
What were the total revenues for the Malaysian attire retail sector in 2014?
The Malaysian attire retail sector achieved total revenues of US$1.8 billion in 2014. This figure was based on a compound annual growth rate of 9.9 per cent between 2010 and 2014.
Q.Which specific segment contributed most significantly to the industry's value in 2014?
Which specific segment contributed most significantly to the industry's value in 2014?
The womenswear segment was the largest contributor, generating $800 million in 2014. This represented 47.5 per cent of the overall industry value according to the report.
Q.What is the expected value of the Malaysian attire retail business by the end of 2019?
What is the expected value of the Malaysian attire retail business by the end of 2019?
The industry is forecast to reach a value of $2.9 billion by the end of 2019. This projection is based on an anticipated compound annual growth rate of 10.3 per cent for the five years from 2014.
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