Singapore attire market stagnant

1 min readUpdated May 26, 2025Jun 29, 20157:00 AM

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The Singapore attire market progress has been nearly stagnant since 2010 based on a brand new market report.
The Singaporean attire retail business had complete revenues of US$2.four billion in 2014, representing a compound annual progress fee (CAGR) of 1.6 per cent between 2010 and 2014.

However the report, Attire Retail in Singapore, forecasts CAGR of two.9 per cent for the five-years from 2014 to 2019, which might drive the business to a worth of $2.eight billion by the top of 2019.

The womenswear phase was the business’s most profitable in 2014, with complete revenues of $1 billion, equal to 42.9 per cent of the business’s general worth.

The business profile, one in every of a collection of reviews on Asian attire retail markets, is out there to buy on-line.

It accommodates descriptions of the main gamers together with key monetary metrics and evaluation of aggressive pressures inside the market.

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Questions & Answers

What was the total revenue for the Singaporean attire market in 2014?

The Singaporean attire retail business generated total revenues of US$2.4 billion in 2014. This figure represents the market's performance at the end of the initial four-year period mentioned in the report.

Which segment contributed most significantly to the market's value in 2014?

The womenswear segment was the most profitable part of the industry in 2014. It accounted for total revenues of $1 billion, which was 42.9 per cent of the market's overall value.

What growth rate is projected for the attire market between 2014 and 2019?

The report forecasts a Compound Annual Growth Rate (CAGR) of 2.9 per cent for the five years from 2014 to 2019. This growth is expected to increase the industry's value significantly.

What is the anticipated value of the attire industry by the end of 2019?

The industry is projected to reach a value of $2.8 billion by the end of 2019. This forecast is based on the anticipated CAGR of 2.9 per cent for the five-year period.

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