Singapore attire market stagnant

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.