Piece Goods, Notions & Other Apparel Wholesaling in the US - Industry Market Research Report
Description
Piece Goods, Notions & Other Apparel Wholesaling in the US
The Piece Goods, Notions and Other Apparel Wholesaling industry will decline over the five years to 2023. A combination of rising import penetration, intense price competition and vertical integration has caused industry revenue to contract at a CAGR of 2.6% to $15.2 billion over the five years to 2023. In 2020, the initial outbreak of the COVID-19 pandemic caused a massive downturn in the economy, exacerbating revenue declines. However, the rebounding economy, aided by the passage of federal stimulus measures in 2020 and 2021, drove the industry's recovery in 2021. Amidst concerns of a recession following a quick economic rebound, long-term trends will once again cause industry revenue to contract 0.8% in 2023.
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. Operators that buy fabric goods in the gray (i.e. unbleached and untreated) have them finished on a contract basis and sell at wholesale, which 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.
The Piece Goods, Notions and Other Apparel Wholesaling industry will decline over the five years to 2023. A combination of rising import penetration, intense price competition and vertical integration has caused industry revenue to contract at a CAGR of 2.6% to $15.2 billion over the five years to 2023. In 2020, the initial outbreak of the COVID-19 pandemic caused a massive downturn in the economy, exacerbating revenue declines. However, the rebounding economy, aided by the passage of federal stimulus measures in 2020 and 2021, drove the industry's recovery in 2021. Amidst concerns of a recession following a quick economic rebound, long-term trends will once again cause industry revenue to contract 0.8% in 2023.
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. Operators that buy fabric goods in the gray (i.e. unbleached and untreated) have them finished on a contract basis and sell at wholesale, which 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.
Table of Contents
39 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
