Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 4.2 % over the past five years, to reach an estimated $7.7bn in 2024.
Trends and Insights
Inclusive product lines drive success
- Canada's lingerie, swimwear and bridal stores are thriving, driven primarily by their unwavering commitment to inclusivity and diversity. Retailers have succeeded by offering product lines catering to a wide range of body sizes and skin tones, effectively reflecting their diverse customer base. This inclusive approach has resonated strongly with consumers, spurring significant demand.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Large retailers will expand collections, forcing niche stores to focus on unique offerings
- Department stores and major online retailers will expand lingerie, swimwear and bridal collections, leveraging extensive supply chains and economies of scale to offer competitive pricing, promotions and enhanced delivery options that smaller stores may find hard to match.
Biggest companies in the Lingerie, Swimwear & Bridal Stores in Canada
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
La Vie en Rose Inc. | 310.8 | 42.3 | 13.6 | |
Sophie's Gown Shoppe | 0.8 | N/A | N/A |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Swimwear, Lingerie and sleepwear and Bridal gowns and accessories. Swimwear is the largest segment of the Lingerie, Swimwear & Bridal Stores in Canada.
Trends and Insights
Lingerie and sleepwear maintain steady sales throughout the year
- Lingerie and sleepwear include bras, panties, shapewear, nightgowns and pyjama sets. These items cater to various styles and functional preferences, leading to continuous sales and frequent repeat purchases.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Canadian Lingerie, Swimwear and Bridal Stores industry specializes in retailing clothing collections, bridal wear, costumes, lingerie, swimwear and uniforms. These items are sourced from domestic and international manufacturers and wholesalers. This industry's retail also offers basic tailoring services, like hemming and altering sleeves and inseams. This industry does not include general sales of apparel and athletic uniforms.
What's included in this industry?
Retailing lingerie and sleepwear Retailing bridal gowns and accessoriesRetailing swimwear Retailing fur apparel and otherCompanies
La Vie en Rose Inc.Sophie's Gown ShoppePurchase this report to view all 2 major companies in this industry.
Related Terms
RADIO-FREQUENCY IDENTIFICATION (RFID)GENERATION XGENERATION YBABY BOOMERSBRICK-AND-MORTAR STOREIndustry Code
NAICS 44819 - Lingerie, Swimwear & Bridal Stores in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Online shopping is transforming Canadian retail. Brands like La Vie en Rose and Bikini Village are enhancing their digital presence with virtual fitting rooms and size guides...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Lingerie and sleepwear maintain steady sales throughout the year. These items cater to various styles and functional preferences, leading to continuous sales and frequent rep...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Swimwear, lingerie and bridal stores are located near vacation spots. Consumers often get married in Ontario and Quebec, which are known for their numerous destination weddin...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each province in 2024
- Number and share of revenue each province accounts for in 2024
- Number and share of wages each province accounts for in 2024
- Number and share of employees in each province in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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.
Analyst insights
Brand reputation is crucial. A well-regarded brand helps attract customers and provides a competitive edge in the Lingerie, Swimwear and Bridal Stores industry.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
La Vie en Rose is expanding into the US market. The Montreal-based lingerie chain sees an opportunity to offer an alternative to Victoria's Secret as part of a long-term grow...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of La Vie en Rose Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Sophie's Gown Shoppe's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for La Vie en Rose Inc., and factors influencing its performance in the industry
- Description and key data for Sophie's Gown Shoppe, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Stores must adhere to various regulations. They must comply with labour laws and safety guidelines while maintaining high product quality to ensure customer satisfaction and ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit is under pressure. Lingerie, swimwear and bridal stores must adapt their strategies to cope with increased competition from online retailers and volatile purchase pric...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Assets (2017-2022)
- Liabilities (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Lingerie, Swimwear & Bridal Stores industry in Canada in 2024?
The market size of the Lingerie, Swimwear & Bridal Stores industry in Canada is $7.7bn in 2024.
How many businesses are there in the Lingerie, Swimwear & Bridal Stores in Canada industry in 2024?
There are 6,206 businesses in the Lingerie, Swimwear & Bridal Stores industry in Canada, which has grown at a CAGR of 7.3 % between 2019 and 2024.
Has the Lingerie, Swimwear & Bridal Stores industry in Canada grown or declined over the past 5 years?
The market size of the Lingerie, Swimwear & Bridal Stores industry in Canada has been growing at a CAGR of 4.2 % between 2019 and 2024.
What is the forecast growth of the Lingerie, Swimwear & Bridal Stores industry in Canada over the next 5 years?
Over the next five years, the Lingerie, Swimwear & Bridal Stores industry in Canada is expected to grow.
What are the biggest companies in the Lingerie, Swimwear & Bridal Stores market in Canada?
The biggest companies operating in the Lingerie, Swimwear & Bridal Stores market in Canada are La Vie en Rose Inc. and Sophie's Gown Shoppe
What does the Lingerie, Swimwear & Bridal Stores in Canada include?
Retailing lingerie and sleepwear and Retailing bridal gowns and accessories are part of the Lingerie, Swimwear & Bridal Stores industry.
Which companies have the highest market share in the Lingerie, Swimwear & Bridal Stores in Canada?
The company holding the most market share in Canada is La Vie en Rose Inc..
How competitive is the Lingerie, Swimwear & Bridal Stores industry in Canada?
The level of competition is high and increasing in the Lingerie, Swimwear & Bridal Stores industry in Canada.
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Methodology
How are IBISWorld reports created?
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.
What data sources do IBISWorld analysts use?
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 Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
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:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
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.
How does IBISWorld forecast its data?
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.
