Textile Wholesaling in the UK - Industry Market Research Report

Textile Wholesaling in the UK - Industry Market Research Report

Textile Wholesaling in the UK

Revenue is expected to fall at a compound annual rate of 4.5% to £3.3 billion over the five years through 2022-23, including a forecast decline of 8.4% in 2022-23. Textile wholesalers are highly susceptible to shifts in downstream demand from retailers. The growing trend of fast fashion has influenced the industry. Fast fashion involves quickly moving designs from the runway to the retail market to take advantage of trends in vogue, requiring shorter supply chains. Retailers are bypassing wholesalers and establishing direct relationships with manufacturers, enabling them to cut ‘middle-men' costs and offer products at lower prices.

Companies in the industry wholesale various textile products (e.g. yarn, thread, fabric, cloth, household linen and haberdashery). The industry excludes textile fibre wholesaling.

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.