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.Extra precaution: Competition from affordable foreign manufacturers will pose a significant challenge
Over the past five years, the Tactical and Service Clothing Manufacturing industry has fought an uphill battle against economic fluctuations and the rise of lower-cost imports from Southeast and East Asia. Simultaneously, increased demand from the US military and local and state governments provided some relief. Nonetheless, the sudden economic downturn following the outbreak of COVID-19 in 2020 led industry demand and revenue to dramatically decrease. COVID-19 did, however, massively increase demand from the downstream healthcare market, as millions required healthcare services; this, in turn, shielded the industry from any further declines. As a result, revenue has fallen at a CAGR of 4.1% to $766.9 million over the five years to 2023, though will stagnate in 2023, when profit reaches 3.9% that same year.
This industry primarily manufactures tactical apparel for the personal, military and service (e.g. police and fire service) markets. Service apparel also includes garments made for patients, waiters and other service workers. Tactical apparel describes clothing with specialized functions such as fire protection, puncture resistance, high visibility and water repellence. The industry does not include manufacturers of safety equipment such as body armor and bulletproof vests.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cintas Corporation
- 5.11 Inc.
Methodology
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