Over the five years to 2016, falling unemployment levels and rising per capita disposable income have stitched away recessionary woes for the Commercial Embroidery Services industry. As economic conditions continue to improve and unemployment falls, demand from downstream buyers, which include the administrative and hospitality sectors, has increased. Following a severe revenue decline during the recession, industry players have experienced relief over the current period, as improving economic conditions have caused unemployment in key downstream markets to soar. However, despite their efforts, industry participants are expected to experience decelerated revenue growth over the five years to 2021.
Companies in this industry primarily provide embroidery services to clients. The embroidery process involves the use of a sewing machine that creates predetermined patterns on clothing and other textiles. These patterns can be designed using specialist software. Services are often sold to companies, teams and clubs for shirts, uniforms and other paraphernalia.
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.