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Apparel Manufacturing Industry: Statistics, Market Size, Forecast

Apparel Manufacturing - Market Size and Industry Forecast

The 2021 Apparel Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the apparel manufacturing industry.

HistoricalForecasted
20162017201820192020202120222023202420252026
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)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


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.

Apparel Manufacturing - 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

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesApparel Manufacturing
Small Business (< 5 Employees)

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Apparel Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent 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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Apparel Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry 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 - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations12%
Installation, Maintenance, and Repair Occupations9%
Other Installation, Maintenance, and Repair Occupations9%
Industrial Machinery Installation, Repair, and Maintenance Workers8%
Production Occupations66%
Textile, Apparel, and Furnishings Workers53%
Sewing Machine Operators41%
Sewing Machine Operators41%
Textile Machine Setters, Operators, and Tenders5%
Textile Cutting Machine Setters, Operators, and Tenders6%
Textile Knitting and Weaving Machine Setters, Operators, and Tenders27%
Miscellaneous Textile, Apparel, and Furnishings Workers5%
Other Production Occupations8%
Inspectors, Testers, Sorters, Samplers, and Weighers7%
Inspectors, Testers, Sorters, Samplers, and Weighers7%
Transportation and Material Moving Occupations10%
Material Moving Workers9%
Packers and Packagers, Hand6%

Government Contracts

In the past, 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.

Apparel Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)





Apparel Manufacturing Industry Report
GeographyUnited States  
Publication DateOctober 2021
Report FormatPDF Download  
Price

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