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          1. Men's Clothing Manufacturing Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 9/7/2020
            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
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            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 increase nearly 5% per year from 2018 to 2023, according to Mordor Intelligence. Growth is fueled by online sales, and rising demand for luxury menswear and activewear. China is the world's largest apparel manufacturer and exporter. The European Union, the US, and Japan are the largest importers of apparel.

            The US men's and boys' apparel manufacturing industry includes about 480 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $1.6 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 ...

             
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