Apparel Accessories Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 5/20/2024
SIC Codes: 2323, 2339, 2353, 2381, 2385, 2387, 2389, 3151
NAICS Codes: 31599
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Apparel Accessories Manufacturing Industry Profile

Companies in this industry manufacture apparel accessories such as hats, gloves, scarves, neckties, and belts. Major companies include BIOWORLD, Bollman Hat Company, New Era Cap, and Randa Accessories (all based in the US), as well as Hermes (France), Mainland Headwear (Hong Kong), and Mulberry Group plc (the UK).

The global e-commerce fashion industry has a market value of nearly $770 billion in 2023, and is expected to reach over $1.1 trillion by 2027, according to Statista. China is the top country for apparel accessory sales.

The US apparel accessories manufacturing industry includes about 580 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $1 billion.


Demand is determined by consumer tastes and the level of consumers' discretionary income. The profitability of companies depends in part on effectively controlling the costs of manufacturing, both in the US and internationally. Smaller companies can compete effectively by specializing. The US industry is concentrated: the top 50 companies account for about 70% of sales.

Imports account for about the entirety of the US market. The largest suppliers to the US are China, Mexico, Vietnam, Canada, and India. Major export markets for US apparel accessories manufacturers include Canada, Mexico, Japan, the UK, and Australia. Exports account for about 35% of US production.


Major products include hats, caps, and millinery, which account for about 30% of apparel accessories manufacturing sales; apparel accessories such ...

View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options