Men's & Boys' Apparel Wholesaling in the US
The Men's and Boys' Apparel Wholesaling industry has experienced relatively stable growth over the five years to 2019. During much of the period, improving economic conditions, such as increasing consumer confidence and rising disposable income, have stimulated consumer spending on discretionary industry products, resulting in industry revenue gains. To the benefit of industry operators, consumer demand rebounded in 2017 and is expected to continue to grow through 2019. This rebound comes from an anticipated increase in per capita disposable income, fueling greater consumer spending, translating to stronger sales for this industry this year. Furthermore, declining cotton input prices for upstream manufacturers and an appreciating dollar have combined to lower industry purchase costs. This trend has been countered with rising wage costs during the five-year period, decreasing industry profitability over the five years to 2019. Over the five years to 2024, steady gains in per capita disposable income are anticipated to drive consumer expenditure on industry products.
Businesses in this industry purchase men’s and boys’ clothing from apparel manufacturers and sell these products to retailers, generally with minimal or no further product development. Most wholesalers in this industry undertake sales and administrative activities, such as establishing relationships with manufacturers and retailers, marketing and advertising their products, and storing and transporting stock.
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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