Textile Furnishings Mills (NAICS 3141) Industry Report
Industry Overview
This industry group comprises establishments primarily engaged in (1) manufacturing woven, tufted, and other carpets and rugs and (2) manufacturing household textile products from purchased materials. The household textile products may be made on a stock or custom basis for sale to individual retail customers.
Source: U.S. Census BureauTextile Furnishings Mills Market Size
This research report analyzes the market size and trends in the Textile Furnishings Mills industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ 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.
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 Textile Furnishings Mills companies in the United States.
Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Textile Furnishings Mills |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
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" Textile Furnishings Mills company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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 | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Salary information for employees working in the Textile Furnishings Mills industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 3% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Office and Administrative Support Occupations | 12% |
| Material Recording, Scheduling, Dispatching, and Distributing Workers | 5% |
| Installation, Maintenance, and Repair Occupations | 6% |
| Other Installation, Maintenance, and Repair Occupations | 5% |
| Production Occupations | 63% |
| Textile, Apparel, and Furnishings Workers | 48% |
| Sewing Machine Operators | 18% |
| Sewing Machine Operators | 18% |
| Textile Machine Setters, Operators, and Tenders | 23% |
| Textile Knitting and Weaving Machine Setters, Operators, and Tenders | 6% |
| Textile Winding, Twisting, and Drawing Out Machine Setters, Operators, and Tenders | 13% |
| Miscellaneous Textile, Apparel, and Furnishings Workers | 5% |
| Other Production Occupations | 9% |
| Transportation and Material Moving Occupations | 10% |
| Material Moving Workers | 9% |
Government Contracts
The federal government spent an annual total of
$23,704,556 on the Textile Furnishings Mills industry. It has awarded 1,475 contracts to 212 companies, with an average value of $111,814 per company.
Top Companies in Textile Furnishings Mills and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
