Effective Landscape of Singapore Clothing and Footwear Industry Outlook
According to the report analysis, ‘Clothing & Footwear Retailing In Singapore, Market Shares, Summary And Forecasts To 2022’ states that some of the major companies which are currently functioning in this sector more actively for enhancing the quality and demand of the product which includes UNIQLO, qoo10, Takashimaya, OG, Tangs, DFS, H&M, Isetan, Bhg, Zara and several others. The clothing and footwear retailing market is split in Singapore on the basis of demand and the utilization of the product which includes apparel, accessories, menswear, womenswear, children wear, footwear, men’s footwear, children’s footwear, and women’s footwear. Furthermore, the Singapore retail market is anticipated to grow at a CAGR of 3.0% during the period 2017-2022. Retail clothing sector to encounter growth by an increase in the tourism and rise in wages. The rise in tourists and improvement in economy operated the segment sales in the recent past years.
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