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 Bureau

Textile 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 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.

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.

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

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

Compensation and Salary Surveys

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