Men's Clothing Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 1/8/2024
SIC Codes: 2311, 2321, 2322, 2325, 2326
NAICS Codes: 315220
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 Men's Clothing Manufacturing Industry Profile

Companies in this industry manufacture garments for men and boys made from purchased fabric and from fabric they produce themselves. Major companies include Hanesbrands, Levi Strauss, PVH, Ralph Lauren, VF Corporation (all based in the US), along with Hugo Boss (Germany) and Youngor Group (China).

Global revenue from men's apparel manufacturing is expected to experience an annual growth rate of 2.94% from 2023 to 2027, according to Statista. China is the world's largest apparel manufacturer and exporter.

The US men's and boys' apparel manufacturing industry includes about 450 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $1.5 billion. The industry does not include apparel contractors that cut and sew materials owned by other companies. Men's clothing cut and sew contractors are covered in the Apparel Manufacturing profile.

COMPETITIVE LANDSCAPE

Demand is largely determined by consumer tastes and disposable income. The profitability of individual companies depends on efficient operations and the ability to secure contracts with clothing marketers. Small companies can compete effectively with large ones by specializing in a particular type of men's or boys' apparel manufacture. There are few economies of scale in manufacture, because of the high labor content of most apparel. The US industry is concentrated: the 50 largest companies generate about 80% of revenue.

Because of the lower costs to manufacture apparel abroad, the US imports more men's and boys' clothes than it makes ...

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

Related Profiles

Here are a few profiles related to Men's Clothing Manufacturing that you also might be interested in viewing:

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

Learn More About Subscription Options