Piece Goods, Notions & Other Apparel Wholesaling in the US
Rising import penetration has displaced the downstream demand for buttons, zippers and yard fabric from domestic distributors to international manufacturers, and in turn, the Piece Goods, Notions and Other Apparel Wholesaling industry's revenue has declined over the past five years. Over the five years to 2018, apparel companies increasingly shifted production overseas, where they typically severed ties with industry operators, opting, instead, to source piece goods and notions locally as a means of minimizing transportation costs. Additionally, falling demand from the Mining sector (IBISWorld report 21) also hampered industry performance. Over the five years to 2023, industry revenue is expected to fall further, as import penetration continues to change the landscape of apparel manufacturing and the supply chain.
Operators in this industry wholesale piece goods, fabrics, yarns, thread and other notions and hair accessories. Products sold in this industry include apparel trimmings, belts and buckles, textile fabrics, textile labels, millinery supplies, sewing needles, remnants, ribbons, sewing accessories and zippers. Establishments that buy fabric goods in the gray (i.e. unbleached and untreated), have them finished on a contract basis and sell at wholesale are classified in other industries.
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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