Overview

Loose threads: Demand for technical and home furnishing textiles will aid growth, but imports will subdue gains

IBISWorld’s Textile Mills 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
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$49bn
Annual Growth
12-17
1.1%
Annual Growth
17-22
Profit
Employment
192,258
Business
15,498

Industry Threats & Opportunities

  • The shrinking apparel market has highlighted the industry’s evolution and changing focus
  • Advancements in automation have helped profit margins by reducing labor costs
  • Imports are expected to further penetrate the US market

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    Industry Analysis & Industry Trends

    Industry revenue for the Textile Mills industry will be far less volatile over the next five years than it has been in the previous five years as the economy further stabilizes. This modest turnaround will mainly be the result of growth in industries that demand technical and home furnishing textiles. However, imports will continue to subdue gains, as appreciation of the US dollar increases the relative cost of domestically produced products...

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    Industry Report - Industry Analysis Chapter

    The Textile Mills industry includes fiber, yarn and thread, fabric, fabric finishing and coating, curtain and linen and narrow fabric mills. The industry distributes its products to a range of downstream companies, including apparel, automobile and home furnishing manufacturers. Therefore, the economic health of these downstream industries directly affect textile mill operators. The Textile Mills industry has contracted considerably over the past decade amid rising competition from developing countries with low-cost labor and the decline in demand from a shrinking domestic apparel industry. However, domestic textile mills have made revenue gains over the current period. Dri..

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    Additional Insights for the Textile Mills Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Textile Mills Industry are

  • Access to niche markets
  • Proximity to key suppliers
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as New car sales and Private spending on home improvements in the Textile Mills industry impact industry performance..

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    Industry Products

    What is the Textile Mills Industry?

    This industry is a collection of a variety of textile manufacturers. Most notably, establishments categorized in this industry spin yarn from various fibers, manufacture woven and nonwoven fabrics, produce window curtains and drapes and finish and coat an array of textile products.

    Industry Products
    Yarn, fiber and thread
    Woven and knit fabrics
    Nonwoven fabrics
    Finished and coated fabrics
    Curtains and linens
    Textile bags and canvas
    Industry Activities
    Spinning yarn
    Manufacturing woven fabrics
    Manufacturing nonwoven fabrics
    Manufacturing knit fabrics
    Manufacturing curtains and drapes
    Manufacturing narrow fabrics or ribbon
    Manufacturing textile bags
    Coating fabrics

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • New car sales
  • Private spending on home improvements
  • Import penetration into the manufacturing sector
  • Demand from apparel manufacturing
  • Trade-weighted index

  • Current Performance
  • Industry stabilization
  • Automation and industry demand for labor
  • Import penetration and industry profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Future threats
  • Sustained demand
  • Increasing automation and stable profit
  • Table: Textile Mills Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Textile Mills Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Men's & Boys' Apparel Manufacturing
  • Women’s, Girls’ and Infants’ Apparel Manufacturing
  • Car & Automobile Manufacturing
  • Home Furnishings Stores
  • Hospitals
  • Hotels & Motels

  • Key Selling Industries
  • Adhesive Manufacturing
  • Cotton Farming
  • Dye & Pigment Manufacturing
  • Synthetic Fiber Manufacturing

  • Products & Services
  • Finished and coated fabrics
  • Yarn, fiber and thread
  • Nonwoven fabrics
  • Other
  • Woven and knit fabrics
  • Curtains and linens
  • Textile bags and canvas
  • Chart: Textile Mills Industry Products and Services Segmentation

  • Demand Determinants
  • Downstream industry health
  • Shifts in fashion
  • Technology and substitutes

  • Major Markets
  • Technical textile markets
  • Exports
  • Apparel manufacturers
  • Home furnishing markets
  • Chart: Major Market Segmentation for the Textile Mills Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation, rent and utilities, and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Textile Mills

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Textile Mills Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Textile Mills Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Textile Mills Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • New Car Sales (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Knit Fabric
  • A fabric created by the interlooping of several pieces of yarn or thread to create a stretchy consistency.
  • Nonwoven Fabric
  • A material that is often nonflammable or water-resistant and used in the production of specialized uniforms for military and fire department officials.
  • Offshoring
  • The transfer of manufacturing operations to another country, regardless of whether the work is outsourced or stays within the same corporation or company.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Textile Mills:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Textile Mills market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Textile Mills, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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