The Textile Manufacturing Industry in the U.S. has Become More Automated but is Still Labor-Intensive with Average Annual Revenue per Employee under $150,000
The US textile industry includes about 10,000 companies with combined annual sales of $80 billion. Large companies include Burlington Industries and Unifi. The industry has become more concentrated: the 50 largest companies hold more than 60 percent of the market. About 100 companies have annual sales over $100 million.
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-production 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 under $150,000.
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, uses yarns and threads 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 40 percent of industry revenue, carpets 20 percent, yarns and threads 20 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.
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Key topics covered include:
-- Industry Overview
-- Quarterly Industry Update
-- Business Challenges
-- Trends and Opportunities
-- Call Preparation Questions
-- Website and Media Links
-- Glossary of Acronyms
Companies mentioned:
-- Burlington Industries
-- Unifi
For more information visit http://www.researchandmarkets.com/reports/c35156
