Cut and Sew Manufacturers in the US
For decades, rising competition from low-cost foreign apparel manufacturers has been trimming away at demand for services rendered by the Cut and Sew Manufacturers industry. In order to remain competitive, industry operators have increasingly abandoned lower-value products in favor of premium segments, opting to compete on the basis of quality rather than price. Furthermore, industry operators largely benefited from rising disposable income and a depreciating dollar since 2016, economic trends that tend to bolster demand for domestically produced apparel. As a result, industry revenue is expected to break from its normal decline over the five years to 2018. However, beneficial economic trends and the industry's expanding niche markets are not anticipated to hold off revenue declines for much longer. The overarching downward trajectory of domestic apparel manufacturing over the past several decades is expected to persist over the five years to 2023.
Cut and sew manufacturers, commonly referred to as cut and sew apparel contractors, create apparel and accessories out of materials owned by the companies that contract them. The main difference between this industry and other apparel manufacturing industries is the ownership of the fabric.
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.
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