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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 | Sep 2014

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

IBISWorld’s Men's & Boys' Apparel Wholesaling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 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 SWOT Analysis Chapter

IBISWorld estimates that the Men's and Boys' Apparel Wholesaling industry has consistently grown at rates below that of the general economy. Industry value added (IVA), the industry's contribution to the economy, is expected to grow at an average annual rate of 1.5% over the 10 years to 2019, slower than the average annual growth of gross domestic product (GDP), which is forecast to be about 2.5% over the same time frame. This factor is a clear indicator that the industry is in the decline stage of its life cycle.

The industry's market segments are well defined and developed, and technological advancement is low. These factors further signify a declining life cycle stage. While new fashion trends are continually introduced, the basic product categories remain relatively unchanged... 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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