Flag Manufacturing in the US - Industry Market Research Report
Description
Flag Manufacturing in the US
The Flag Manufacturing industry includes operators that manufacture flags from purchased materials, including nylon, polyester and cotton. Similar to most textile manufacturing industries in the United States, the industry experiences intense competition from lower-priced imports. Goods manufactured domestically tend to command higher prices, largely due to the relatively high labor costs domestic producers pay compared with their international counterparts. Consequently, demand for industry products has declined as consumers have increasingly elected to purchase inexpensive, foreign-produced flags over the past five years. As a result, industry revenue has been decreasing at a CAGR of 3.1% over the past five years and is expected to reach $83.8 million in 2023. This includes an increase of 0.4% in 2023 alone.
Operators in this industry manufacture flags from purchased materials, including nylon, polyester and cotton materials. Flags tend to be attached by one side to a pole and usually carry representative symbols or colors. The industry does not include the manufacture of banners or pennants.
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.
The Flag Manufacturing industry includes operators that manufacture flags from purchased materials, including nylon, polyester and cotton. Similar to most textile manufacturing industries in the United States, the industry experiences intense competition from lower-priced imports. Goods manufactured domestically tend to command higher prices, largely due to the relatively high labor costs domestic producers pay compared with their international counterparts. Consequently, demand for industry products has declined as consumers have increasingly elected to purchase inexpensive, foreign-produced flags over the past five years. As a result, industry revenue has been decreasing at a CAGR of 3.1% over the past five years and is expected to reach $83.8 million in 2023. This includes an increase of 0.4% in 2023 alone.
Operators in this industry manufacture flags from purchased materials, including nylon, polyester and cotton materials. Flags tend to be attached by one side to a pole and usually carry representative symbols or colors. The industry does not include the manufacture of banners or pennants.
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.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
