Hat, Cap & Millinery Manufacturing Industry: Statistics, Forecasts, and Company Data
Hat, Cap & Millinery Manufacturing - Market Size and Industry Forecast
The 2023 Hat, Cap and Millinery Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the hat, cap & millinery manufacturing industry.
Source: U.S. government financial data.
|Market Size (Total Revenue)|
|% Growth Rate|
|Number of Companies|
|Average Revenue per Company|
|Average Employees per Company|
Industry Revenue ($ Billions)
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.
Hat, Cap & Millinery 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 Hat, Cap & Millinery Manufacturing companies in the United States.
Hat, Cap & Millinery Manufacturing Revenue by State
Distribution by Company Size
|Company Size||All Industries||Hat, Cap & Millinery Manufacturing|
|Small Business (< 5 Employees)|
|Small Business (5 - 20)|
|Midsized Business (20 - 100)|
|Large Business (100 - 500)|
|Enterprise (> 500)|
Hat, Cap & Millinery Manufacturing - 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|
|Cost of Goods Sold (COGS)|
|Earnings Before Interest and Taxes (EBIT)|
|Earnings Before Taxes|
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Depreciation and Amortization
Hat, Cap & Millinery Manufacturing - Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
|Financial Ratio||Industry Average|
|Average Collection Period|
|Asset Turnover Ratio|
|Receivables Turnover Ratio|
|Inventory Conversion Ratio|
Hat, Cap & Millinery Manufacturing - Product Mix
|Product Description||Description||Revenue |
Hat, cap, and millinery manufacturing
Hats and caps, fabric, straw, and felt, men's and boys'
Hats and caps (fabric, straw, and felt), men's and boys'
Hats & caps (fabric, straw, & felt), women's, girls', & infants'
Hat bodies and fabric caps
Hat bodies/fabric caps, excl.bodies finish into hats in same est.
Hat, cap, and millinery manufacturing, nsk, total
Hat, cap, and millinery mfg, nsk, for nonadministrative-records
Hat, cap, and millinery mfg, nsk, for administrative-records
Hat, Cap & Millinery Manufacturing - Compensation and Salary Surveys
|Title||Percent of Workforce||Bottom Quartile||Average (Median) Salary||Upper Quartile|
|General and Operations Managers||2%|
|Office and Administrative Support Occupations||14%|
|Textile, Apparel, and Furnishings Workers||55%|
|Sewing Machine Operators||39%|
|Sewing Machine Operators||39%|
|Textile Machine Setters, Operators, and Tenders||7%|
|Textile Cutting Machine Setters, Operators, and Tenders||6%|
|Miscellaneous Textile, Apparel, and Furnishings Workers||5%|
|Other Production Occupations||7%|
In the past, the federal government spent an annual total of $1,246,623
on the hat, cap & millinery manufacturing industry. It has awarded 157 contracts to 3 companies, with an average value of $415,541 per company.
Hat, Cap & Millinery Manufacturing and Adjacent Industries - Top Companies