Cut & Sew Apparel Manufacturing in the US - Industry Market Research Report

Dressed for success: Domestic demand for apparel is on the rise

Cut and sew apparel manufacturers produce apparel from purchased fabrics. The industry is in a state of long-term decline, as low levels of domestic product innovation and a falling number of manufacturers have caused revenue to drop. Many producers have offshored manufacturing capabilities to countries with lower wage requirements, further enhancing import penetration and harming domestic producers. The intense price competition from imports produced in developing countries where labor costs are substantially lower has pushed domestic manufacturers to compete based on quality, shifting their product mix from low-cost apparel to premium clothing. The high import competition and growing price pressures from the downstream retail sector have historically constrained profit. These trends have led revenue to drop at a CAGR of 3.1% to $5.7 billion over the past five years, including a 1.1% dip in 2023 alone. Industry manufacturers produce apparel for men, women and children 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.