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Men's & Boys' Apparel Wholesaling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Men's & Boys' Apparel Wholesaling Market Research Report | NAICS 42432 | Apr 2014

Unraveling: Wholesale bypass and cheap imports continue to lower prices and hurt demand

IBISWorld’s Men's & Boys' Apparel Wholesaling market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$52bn
Annual Growth 09-14
3.4%
Annual Growth 14-19
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Profit
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Employment
57,803
Businesses
9,090
Industry Analysis & Industry Trends

The economic recession has had a dismal effect on men's and boys' apparel wholesalers. With decreased discretionary spending in 2008 and 2009, retailers have been offering deep discounts to consumers to retain sales. Due to weak downstream demand, wholesalers were left with excess inventories and slashed prices to move stock. In their ongoing quest to cut expenditures and sustain margins, retailers have been sourcing directly from manufacturers, causing wholesalers to cut prices to remain relevant in the apparel supply chain. Meanwhile, due to cheap foreign labor, retailers are enticed with low-cost imports. As a result, wholesalers are left with lower demand... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2014, Men's and Boys' Apparel Wholesaling industry has done well to pull itself out of the recession. In 2009, industry revenue fell by 8.7%. Falling consumer sentiment, great uncertainty about the future of the economy, a dip in per capita disposable income (a phenomenon not observed in more than two decades) and contracting credit markets were largely responsible for this decline. Since then, the economic landscape has changed considerably. Per capita disposable income has risen at an annualized rate of 1.2%, causing a 12.2% annualized increase in consumer sentiment. Consumers have greater job security and consumer spending has been on the rise with great gains posted in February and March 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Men's & Boys' Apparel Wholesaling Industry?

Businesses in this industry purchase men's and boys' clothing from apparel manufacturers and sell these products to retailers, generally with minimal or no further product development. Most wholesalers in this industry undertake sales and administrative activities such as establishing relationships with manufacturers and retailers, marketing and advertising their products, and storing and transporting stock.

Industry Products
Suits, coats and formal wearUnderwear and sleepwearShirtsSlacks and jeansUniforms and work clothingAccessories
 
Industry Activities
Wholesaling men's and boys' glovesWholesaling men's and boys' hats and capsWholesaling men's and boys' neckwearWholesaling men's and boys' outerwearWholesaling men's and boys' sportswearWholesaling suitsWholesaling men's and boys' swimwearWholesaling office attire


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