Piece Goods, Notions & Other Apparel Wholesaling in the US
The Piece Goods, Notions and Other Apparel Wholesaling industry's revenue has declined over the five years to 2019. A combination of rising import penetration, intense price competition and vertical integration has caused industry revenue to contract. Although a forecast rebound in metal and mineral commodity prices are expected to have stimulate demand from the industry's mining market in more recent years, such growth will not be sufficient to compensate for continued declines in demand from the industry's apparel manufacturing and wholesale markets. IBISWorld expects that the industry will continue to be adversely affected by shrinking apparel manufacturing and wholesale markets over the five years to 2024.
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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