Men's & Boys' Apparel Manufacturing in the US
Historically, the Men's and Boys' Apparel Manufacturing industry in the United States has experienced dwindling downstream demand due to its inability to compete with manufacturers abroad, creating stress for industry operators. Over the five years to 2018, clothing retailers have constantly slashed prices to unburden themselves from overstocked inventories. This trend trickled down to the manufacturing sector and exacerbated the reduction in revenue. In response, an increasing number of industry operators have opted to compete on the basis of quality rather than price. The move has proven successful over the past five years, as improving economic conditions domestically have driven rising consumer demand for industry products. Over the five years to 2023, revenue is forecast resume its historically downward trend.
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.
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