Men's & Boys' Apparel Manufacturing in the US
The Men's and Boys' Apparel Manufacturing industry in the United States has experienced dwindling downstream demand due to its inability to compete with apparel manufacturers abroad, creating stress for industry operators. In recent years, clothing retailers have constantly slashed prices in order to unburden themselves from overstocked inventories. This trend trickled down to the manufacturing sector and exacerbated the reduction in revenue. In the coming years, price competition will keep revenue low; however, higher consumer confidence will set the stage for domestic production of high-quality, high-value items such as premium denim, underwear and suits.
Industry operators manufacture men’s and boys’ apparel from purchased fabric. Activities also include buying raw materials, designing and preparing samples, arranging for apparel to be made from raw materials and marketing finished apparel. This industry only includes companies that operate their own production facilities in the United States.
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.