2020 Apparel Manufacturing in the U.S. Industry Market - COVID-19 Forecasts - ResearchAndMarkets.com

DUBLIN--()--The "Apparel Manufacturing - 2020 U.S. Industry Market Research Report with COVID-19 Forecasts" report has been added to ResearchAndMarkets.com's offering.

This report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2011-2024. This report has updated 2020 and 5-year forecasts due to the impact of COVID-19.

This report includes historical and forecasted industry size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.

Industries in the Apparel Manufacturing subsector group companies with two distinct manufacturing processes: (1) cut and sew (i.e., purchasing fabric and cutting and sewing to make a garment) and (2) the manufacture of garments in companies that first knit fabric and then cut and sew the fabric into a garment. The Apparel Manufacturing subsector includes a diverse range of companies manufacturing full lines of ready-to-wear apparel and custom apparel: apparel contractors, performing cutting or sewing operations on materials owned by others; jobbers performing entrepreneurial functions involved in apparel manufacture; and tailors, manufacturing custom garments for individual clients are all included. Knitting, when done alone, is classified in the Textile Mills subsector, but when knitting is combined with the production of complete garments, the activity is classified in Apparel Manufacturing.

Below are a few of the hundreds of stats from the 2020 Apparel Manufacturing Industry Market Research Report:

  • In 2019, industry sales were $10 billion
  • Over the past 3 years, the industry has declined at an annual rate of -1.6%
  • There are 5,475 companies in the industry
  • In 2019, the average sales per company was $1.8 million
  • 2020 forecasted inflation is 1.9%
  • Companies average a Fixed Asset Turnover ratio of 3.8
  • Employee productivity is $118,804
  • 2.3% of expenses are spent on health insurance
  • In 2019, industry operating expenses declined -0.7%
  • In 2019, payroll per employee was $30,490
  • California averages $25,988 in payroll per employee
  • 4.2% of employees in the industry are in management positions
  • The average industry hourly pay for office and administrative jobs is $17.91

Key Topics Covered:

Apparel Manufacturing Report Overview

  • Industry Overview
  • Methodology
  • Industry Definition & Profile
  • Revenue & Growth Snapshot
  • Costs & Profitability Snapshot

Industry Performance

  • Trend Analysis from 2011 to 2019
  • 2020 Forecast
  • 5-Year Forecast
  • Total Revenue/Sales
  • Number of Companies
  • Number of Facilities

Breakdown of Product Lines

  • Percentage of Revenue from Top Product Lines
  • Growth of Product Lines

Growth Benchmarks

  • Trends from 2011 to 2019
  • Forecasts for 2020 and the Next 5 Years
  • Revenue per Company
  • Revenue per Facility
  • Facilities per Company

BCG Matrix

  • Income vs. Revenue Growth Matrix
  • Manufacturing Subsectors vs. Industry

State Statistics

  • Revenue per Employee and State Rankings
  • Number of Employees and State Rankings
  • Sales as a % of Manufacturing and State Rankings
  • Sales as a Percent of GDP by State
  • Sales per Facility and State Rankings
  • Payroll per Employee and State Rankings

Pricing & Inflation

  • Annual Inflation - Indexed to 2006
  • Trends from 2011 to 2019
  • Forecasts for 2020 and the Next 5 Years
  • Seasonal Monthly Inflation Figures for the Past 4 Years

Profitability & Financial Ratio Analysis

  • Percent of Companies that are Profitable
  • Average Net Income as a Percent of Revenue
  • Total Asset Turnover
  • Fixed Asset Turnover
  • Fixed Assets to Total Assets Ratio
  • Total Assets to Total Liabilities Ratio
  • Return on Sales
  • Return on Total Assets
  • Return on Net Worth
  • Total Liabilities to Net Worth Ratio
  • Fixed Assets to Net Worth Ratio
  • Solvency Ratio

Workforce Breakdown (% of Employees)

  • Operations & Production
  • Management & Finance
  • Sales & Marketing
  • IT & Engineering
  • Service, Support & Training

Operating Expense Detail

Employee Expenses

  • Annual Payroll
  • Health insurance
  • Defined benefit pension plans
  • Defined contribution plans
  • Other fringe benefits
  • Contract labor costs, incl. temporary help

Cost of Materials

  • Cost of materials, containers, packaging, etc.
  • Cost of electricity and fuels
  • Cost of contract work

Building and Equipment

  • Capex for machinery and equipment
  • Capex for buildings and structures
  • Rental or lease
  • Repair and maintenance
  • Refuse Removal

IT Expenses

  • Data processing & other computer services
  • Communication services

Miscellaneous Expenses

  • Advertising and promotional services
  • Professional and technical Manufacturing
  • Taxes and license fees

Other Operating Expenses

Industry Operating Expenses

  • Industry Operating Expenses
  • Industry Revenue vs. Operating Expense Growth
  • Operating Expense as a Percent of Revenue
  • Operating Expenses per Company
  • Operating Expenses per Facility
  • Revenue vs. Expenses Growth per Facility
  • Trends from 2011 to 2019
  • Forecasts for 2020 and the Next 5 Years

Productivity & Industry Employment

  • Trends from 2011 to 2019
  • Forecasts for 2020 and the Next 5 Years
  • Revenue per Employee
  • Total Industry Employees
  • Employees per Company

Consolidation Analysis

  • Number of Companies by Business Size
  • Number of Facilities by Business Size
  • Facilities per Company by Business Size
  • 2012 versus 2019

Employment by Business Size

  • Number of Employees by Business Size
  • Employees per Company by Business Size
  • Employees per Facility by Business Size
  • 2012 versus 2019

Manufacturing Subsector Benchmarking Analysis

  • Sales and 5-Year CAGR
  • Number of Companies
  • Number of Facilities
  • Facilities per Company
  • Employees per Company

Industry Payroll

  • Payroll per Employee
  • Payroll per Company
  • Payroll per Facility
  • Trends from 2011 to 2019
  • Forecasts for 2020 and the Next 5 Years

Payroll by Business Size

  • Payroll per Company
  • Payroll per Facility
  • Payroll per Employee
  • 2012 versus 2019

Job Categorization Pay Ranges

  • Management & Finance
  • Sales & Marketing
  • IT & Engineering
  • Service & Support
  • Operations & Production
  • Pay Bands - Bottom 10% & 25%, Mean, Top 25% & 10%

Top 20 Jobs Breakdown

  • Percent of Total Employees
  • Pay Bands - Bottom 10% & 25%, Mean, Top 25% & 10%

For more information about this report visit https://www.researchandmarkets.com/r/hbp5dd

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900