Industry Analysis & Industry Trends
The industry is experiencing contraction as most major manufacturers move production offshore to countries with cheaper labor costs. Significant import penetration will continue to impede revenue growth as consumers demand low-cost apparel. However, developed countries such as the United Kingdom and Japan will seek out high-quality American products, allowing industry exports to experience modest growth... purchase to read more
Industry Report - Starting a New Business Chapter
The Women's and Girls' Apparel Manufacturing industry is highly competitive and saturated, which limits new entrants' ability to establish a successful business. The industry's declining life cycle stage indicates that operators' opportunities for expansion are few and far between. Only large, well-established players with controlled input and overhead costs have thrived over the past five years. Costs associated with establishing an operation are high and existing customer loyalty makes marketing a new brand very difficult.
New and small manufacturers also face the task of securing upstream input supply contracts and downstream retail contracts... purchase to read more