Industry Analysis & Industry Trends
The recession exacerbated this already declining industry, with domestic customers looking to cheaper imports to satisfy demand for infant apparel, sports uniforms, costumes and other goods. While this downward trend will continue into the next five years, rising export values and demand for high-end domestic-made costumes will partly mitigate the negative trends... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Costume and Team Uniform Manufacturing industry has a low level of concentration, with the four largest firms accounting for less than 20.0% of industry revenue. This low concentration level reflects a largely fragmented market that has a mix of small and medium-size participants. Most participants in this industry employ fewer than 20 workers, at 77.5%.
The highly competitive nature of this industry, due to increased outsourcing, high import competition and dropping prices, will continue to place pressure on participants to close operations or merge facilities to maintain profitability. Consolidation of establishments may help firms increase their buying power, use larger production runs and decrease administrative and management costs... purchase to read more