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- The US Textile Manufacturing Industry Includes About 9,000 Companies
The US Textile Manufacturing Industry Includes About 9,000 Companies
- By Maxamillion Blick
- Published 01/20/2010
- Textile News Articles
-
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Maxamillion Blick
Fashion Industry Ghost Writer ... Freelance writer for the Apparel Search Company. A contributor as well as inspiration to Apparel Search. My goal is to make the Fashion Newspaper a leading resource for locating fashion news on the internet.
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If you also work in the fashion industry, please join us for discussions about the fashion newspaper and other clothing and textile relevant topics at the Fashion Industry Network.
Research and Markets has announced the addition of the "Textile Manufacturing" report to their offering.
First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the "heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospect's business issues.
Executive Summary
Brief Excerpt from Industry Overview Chapter:
The US textile manufacturing industry includes about 9,000 companies with combined annual sales of about $60 billion. Major companies include International Textile Group and Unifi. The industry is concentrated: the 50 largest companies generate more than 60 percent of revenue.
COMPETITIVE LANDSCAPE
Demand is driven by the domestic apparel industry and consumer demand for home furnishings like carpets, furniture, and curtains. The profitability of individual companies depends on efficient operations. Large companies have economies of scale in production for high-volume items. Small companies can compete successfully by producing specialized textiles. The industry has become more automated but is still labor-intensive: average annual revenue per employee is about $150,000.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products are yarns and threads, fabrics, carpets, and curtains. The industry produces yarns and threads out of natural (wool and cotton) and synthetic (plastics) materials. Yarns and thread are used to produce fabrics that are woven or knit, finishes fabrics by dyeing or coating them, and makes fabrics into simple finished consumer products like rugs, carpets, curtains, linens, and textile bags. Fabrics account for about 30 percent of industry revenue, carpets 20 percent, yarns and threads 15 percent.
Textiles are made in factories (still called mills because they were among the earliest industrial users of water power) using highly specialized, automated machinery, mainly yarn spinning machines, knitting machines, and various looms.
Key Topics Covered:
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Trends AND Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Website and Media Links
- Glossary of Acronyms
For more information visit http://www.researchandmarkets.com/research/ea7356/textile_manufactur
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