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.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
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.



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.

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
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

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
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

Hat, Cap & Millinery Manufacturing - Product Mix

Product Description	Description	Revenue ($ Millions)
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
Management Occupations	4%
General and Operations Managers	2%
Office and Administrative Support Occupations	14%
Production Occupations	68%
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%

Government Contracts

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

Company	Address	Revenue ($ Millions)