Men's & Boys' Apparel Manufacturing in the US - Industry Market Research Report
Description
Men's & Boys' Apparel Manufacturing in the US
Historically, the Men's and Boys' Apparel Manufacturing industry in the United States has experienced dwindling downstream demand due to its inability to compete with manufacturers abroad, creating stress for industry operators. Over the five years to 2019, clothing retailers have constantly slashed prices to unburden themselves from overstocked inventories. In response, an increasing number of industry operators have opted to compete on the basis of quality rather than price. While most industry participants have already opted to either consolidate or move production offshore to reduce costs, the industry's return to growth and rising profitability have enticed new companies to enter the industry. However, over the five years to 2024, revenue is forecast to resume its historically downward trend. Although rising per capita disposable income is anticipated to prop up domestic production of high-quality, high-value items for niche consumer markets, intense price competition is expected to place overwhelming pressure on overall industry revenue.
Industry operators manufacture men’s and boys’ apparel from purchased fabric. Activities also include buying raw materials, designing and preparing samples, arranging for apparel to be made from raw materials and marketing finished apparel. This industry only includes companies that operate their own production facilities in the United States.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Historically, the Men's and Boys' Apparel Manufacturing industry in the United States has experienced dwindling downstream demand due to its inability to compete with manufacturers abroad, creating stress for industry operators. Over the five years to 2019, clothing retailers have constantly slashed prices to unburden themselves from overstocked inventories. In response, an increasing number of industry operators have opted to compete on the basis of quality rather than price. While most industry participants have already opted to either consolidate or move production offshore to reduce costs, the industry's return to growth and rising profitability have enticed new companies to enter the industry. However, over the five years to 2024, revenue is forecast to resume its historically downward trend. Although rising per capita disposable income is anticipated to prop up domestic production of high-quality, high-value items for niche consumer markets, intense price competition is expected to place overwhelming pressure on overall industry revenue.
Industry operators manufacture men’s and boys’ apparel from purchased fabric. Activities also include buying raw materials, designing and preparing samples, arranging for apparel to be made from raw materials and marketing finished apparel. This industry only includes companies that operate their own production facilities in the United States.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
39 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
