Industries in the Apparel Manufacturing subsector group establishments with two distinct manufacturing processes: (1) cut and sew (i.e., purchasing fabric and cutting and sewing to make a garment) and (2) the manufacture of garments in establishments that first knit fabric and then cut and sew the fabric into a garment. The Apparel Manufacturing subsector includes a diverse range of establishments manufacturing full lines of ready-to-wear apparel and custom apparel: apparel contractors, performing cutting or sewing operations on materials owned by others; jobbers, performing entrepreneurial functions involved in apparel manufacturing; and tailors, manufacturing custom garments for individual clients. Knitting fabric, when done alone, is classified in the Textile Mills subsector, but when knitting is combined with the production of complete garments, the activity is classified in the Apparel Manufacturing subsector. Source: US Census Bureau
Market Size and Industry Forecast
The Apparel Manufacturing industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Apparel Manufacturing industry.
Historical
Forecasted
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data
Industry Revenue ($ Billions)
2018
2019
2020
2021
2022
2023
2024
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Apparel Manufacturing companies in the United States.
Apparel Manufacturing Revenue by State
Distribution by Company Size
Company Size
All Industries
Apparel Manufacturing
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)
Apparel Manufacturing Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
Cost of goods sold
Compensation of officers
Salaries and wages
Employee benefit programs
Rent paid
Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
Industry Average
Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
Financial Ratio
Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio
Apparel Manufacturing Industry Compensation and Salary Surveys
Title
Percent of Workforce
Bottom Quartile
Average (Median) Salary
Upper Quartile
Management Occupations
5%
Chief Executives
0%
General and Operations Managers
2%
Office and Administrative Support Occupations
12%
Installation, Maintenance, and Repair Occupations
9%
Other Installation, Maintenance, and Repair Occupations
9%
Industrial Machinery Installation, Repair, and Maintenance Workers
8%
Production Occupations
66%
Textile, Apparel, and Furnishings Workers
53%
Sewing Machine Operators
41%
Sewing Machine Operators
41%
Textile Machine Setters, Operators, and Tenders
5%
Textile Cutting Machine Setters, Operators, and Tenders
6%
Textile Knitting and Weaving Machine Setters, Operators, and Tenders
27%
Miscellaneous Textile, Apparel, and Furnishings Workers
5%
Other Production Occupations
8%
Inspectors, Testers, Sorters, Samplers, and Weighers
7%
Inspectors, Testers, Sorters, Samplers, and Weighers
7%
Transportation and Material Moving Occupations
10%
Material Moving Workers
9%
Packers and Packagers, Hand
6%
Government Contracts
The federal government spent an annual total of $581,950,599 on the apparel manufacturing industry. It has awarded 9,620 contracts to 999 companies, with an average value of $582,533 per company.
Top Companies in Apparel Manufacturing and Adjacent Industries
Company
Address
Revenue ($ Millions)
Report Objectives
For Private Equity Firms & Investors
Analyze unbiased statistics for the Apparel Manufacturing market
Review historical and forecasted growth trends
Benchmark companies against the industry average
For Business Executives
Develop a strategy based on concrete statistics
Identify opportunities based on market size and growth rates
For Startups
Get the information you need for the "Market Analysis" section of your business plan
Show market size in the U.S. and by state
For Venture Capital
Understand market opportunity and current size
Evaluate the market potential of a disruptive technology in the Apparel Manufacturing industry