The 2024 Apparel Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2015-2028.
This 63-page report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the industry including historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, 31 balance sheet benchmarks, inventory statistics, extensive industry segmentation by concentration, business size, and business structure, market share of top 50 company segments, market size and other statistics by state, plant utilization, BCG matrix, operating expense details on 26 categories, production material cost detail, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This report is based on extensive business surveys filled out by companies in the industry. Our analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights which leaders depend on for their market research needs.
Industries in the Apparel Manufacturing subsector group companies with two distinct manufacturing processes: (1) cut and sew (i.e., purchasing fabric and cutting and sewing to make a garment) and (2) the manufacture of garments in companies that first knit fabric and then cut and sew the fabric into a garment. The Apparel Manufacturing subsector includes a diverse range of companies manufacturing full lines of ready-to-wear apparel and custom apparel: apparel contractors, performing cutting or sewing operations on materials owned by others; jobbers performing entrepreneurial functions involved in apparel manufacture; and tailors, manufacturing custom garments for individual clients are all included. Knitting, when done alone, is classified in the Textile Mills subsector, but when knitting is combined with the production of complete garments, the activity is classified in Apparel Manufacturing.
Purchase the 63-page 2024 U.S. Market Research Report on Apparel Manufacturing now to unlock the insight from one of the most trusted research firms.
This 63-page report is packed with insightful data sets and forecasts to give you a comprehensive understanding of the industry including historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, 31 balance sheet benchmarks, inventory statistics, extensive industry segmentation by concentration, business size, and business structure, market share of top 50 company segments, market size and other statistics by state, plant utilization, BCG matrix, operating expense details on 26 categories, production material cost detail, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This report is based on extensive business surveys filled out by companies in the industry. Our analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights which leaders depend on for their market research needs.
Industries in the Apparel Manufacturing subsector group companies with two distinct manufacturing processes: (1) cut and sew (i.e., purchasing fabric and cutting and sewing to make a garment) and (2) the manufacture of garments in companies that first knit fabric and then cut and sew the fabric into a garment. The Apparel Manufacturing subsector includes a diverse range of companies manufacturing full lines of ready-to-wear apparel and custom apparel: apparel contractors, performing cutting or sewing operations on materials owned by others; jobbers performing entrepreneurial functions involved in apparel manufacture; and tailors, manufacturing custom garments for individual clients are all included. Knitting, when done alone, is classified in the Textile Mills subsector, but when knitting is combined with the production of complete garments, the activity is classified in Apparel Manufacturing.
Below are a few of the thousands of stats from the 2024 Apparel Manufacturing Market Research Report:
INDUSTRY SIZE
- In 2023, industry sales were $10.2 billion
- Purchase now for historical (2015-2023) and forecasted (2024, 2028) market size
INDUSTRY GROWTH
- Over the past 3 years, the industry has grown at an annual rate of 6.5%
- Purchase now for historical (2015-2023) and forecasted (2024, 2028) growth rates
COMPANY GROWTH
- There are 5,322 companies in the industry
- Learn more about the historical and forecasted industry composition
SALES PER FACILITY
- In 2023, the average sales per facility was $1.8 million
- Purchase now for historical and forecasted sales per company
PPI & PRICING
- 2023 PPI growth was 2.8%
- Purchase now for historical PPI (2015-2023), and forecasts for 2024 & 2028
FINANCIAL RATIO BENCHMARKS
- Companies average a Fixed Asset Turnover ratio of 6.1
- Benchmark nine other important financial ratios
PRODUCTIVITY ANALYSIS
- In 2023, employee productivity was $118,798
- Purchase now for historical (2015-2023) and forecasted (2024, 2028) employee productivity
EXPENSE BENCHMARKING
- 2.4% of expenses are spent on health insurance
- Benchmark against 24 other expense categories
OPERATING EXPENSES
- In 2023, industry operating expenses grew 0.9%
- Purchase now for historical and forecasted OPEX
PAYROLL
- In 2023, payroll per employee was $35,477
- Get the full picture with historicals and the 2024 and 2028 forecasts
JOB CATEGORIZATION BENCHMARKS
- 6.2% of employees in the industry are in management positions
- Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
- The average industry hourly pay for office and administrative jobs is $21.29
- Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
Purchase the 63-page 2024 U.S. Market Research Report on Apparel Manufacturing now to unlock the insight from one of the most trusted research firms.
Table of Contents
Report Overview
Industry Market Size
Growth Benchmarks
Breakdown of Product Lines
BCG Matrix
Industry Revenue by Month & Year
Total Inventory by Month & Year
Months of Inventory
Concentration Segmentation
Business Size Segmentation
Business Size Segmentation
State Statistics
Plant Metrics
Pricing & PPI
Profitability & Financial Ratio Analysis
Balance Sheet Benchmarks
Workforce Breakdown (% of Employees)
Employee Expenses
Cost of Materials
Building and Equipment
IT Expenses
Miscellaneous Expenses
Production Material Costs
Industry Operating Expenses
Productivity & Industry Employment
Consolidation Analysis
Employment by Business Size
Manufacturing Subsector Benchmarking Analysis
Industry Payroll
Job Categorization Pay Ranges
Top 20 Jobs Breakdown
Samples
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Methodology
The industry market research reports are based on annual business surveys submitted by companies in the industry covering extensive financial and operating topics such as revenue, costs, labor, profitability, capital, product lines, operations, locations, and wages.
The analysts utilize the historical data from the business surveys as a foundation for forecasts and apply the data to proprietary econometric models that adjust for macro, economic, cyclical, and industry trends and influences.
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