Falling to pieces: Import competition and wholesale bypass will continue to limit industry growth

Rising import penetration has displaced the downstream demand for buttons, zippers and yard fabric from domestic distributors to international manufacturers. Additionally, wholesale bypass, which is the trend of downstream buyers sourcing directly from manufacturers to cut expenses, has constrained wholesalers' function in the domestic supply chain and eliminated many operators. Although the recovering economy will help the industry somewhat, these adverse trends are anticipated to continue in the coming years...purchase to read more.

Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 12-17
-1.8%
Forecast Growth 17-22
Profit
Employment
29,187
Businesses
7,593
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry revenue has contracted due to rising import penetration, intense price competition and vertical integration
  • Declines in the price of metal significantly reduced demand for synthetic fiber from the mining industry
  • The continued contraction of the industry’s apparel market is expected to drive revenue decline
  • Industry Report - Industry Locations Chapter

    In the United States, piece goods, notions and other apparel wholesalers are primarily concentrated in the West (33.6% of industry establishments) and the Mid-Atlantic (28.3%) regions. Within these respective regions, California and New York hold the largest share of industry establishments, accounting for 30.7% and 19.9% of total establishments, respectively. The two coasts are prime locations due to their proximity to key domestic and international markets. Although trade data is recorded at the manufacturing level, wholesalers often provide the supply chain link that engages with international buyers. California and New York are home to some of the United States' largest seaports, a factor that makes them ideal locations for piece goods wholesalers...purchase to read more.

    Additional Insights for the Piece Goods, Notions & Other Apparel Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Piece Goods, Notions & Other Apparel Wholesaling Industry are

  • Development of new products
  • Having links with suppliers
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as Import penetration into the manufacturing sector and Demand from apparel manufacturing in the Piece Goods, Notions & Other Apparel Wholesaling industry impact industry performance..

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    What's in this report

    What is the Piece Goods, Notions & Other Apparel Wholesaling Industry?

    Operators in this industry wholesale piece goods, fabrics, yarns, thread and other notions and hair accessories. Products sold in this industry include apparel trimmings, belts and buckles, textile fabrics, textile labels, millinery supplies, sewing needles, remnants, ribbons, sewing accessories and zippers. Establishments that buy fabric goods in the gray (i.e. unbleached and untreated), have them finished on a contract basis and sell at wholesale are classified in other industries.

    Industry Products
  • Cotton fabric
  • Synthetic fabrics
  • Piece goods and other miscellaneous knit fabrics
  • Notions, including buttons, ribbons, lace and sewing accessories
  • Other items
  • Industry Activities
  • Apparel wholesaling
  • Belt and buckle assembly kit wholesaling
  • Binding and embroidery wholesaling
  • Fabrics and textile wholesaling
  • Hair accessories, millinery supplies and sewing needle wholesaling
  • Remnants and ribbon wholesaling
  • Hair accessories wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Import penetration into the manufacturing sector
  • Demand from apparel manufacturing
  • Trade-weighted index
  • Demand from mining
  • Consumer Confidence Index

  • Current Performance
  • Imports increase
  • Mining demand
  • Participation and profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Imports and integration
  • Profit, participation and people
  • A rise in mining
  • Table: Piece Goods, Notions & Other Apparel Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Piece Goods, Notions & Other Apparel Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Cut and Sew Manufacturers
  • Men's & Boys' Apparel Manufacturing
  • Women’s, Girls’ and Infants’ Apparel Manufacturing
  • Costume & Team Uniform Manufacturing
  • Household Furniture Manufacturing
  • Men's & Boys' Apparel Wholesaling
  • Women's & Children's Apparel Wholesaling
  • Fabric, Craft & Sewing Supplies Stores

  • Key Selling Industries
  • Carpet Mills
  • Leather Good & Luggage Manufacturing
  • Miscellaneous Product Manufacturing
  • Textile Mills

  • Products & Services
  • Piece goods and other miscellaneous knit fabrics
  • Synthetic fabrics
  • Cotton fabric
  • Notions, including buttons, ribbons, lace and sewing accessories
  • Other items
  • Chart: Piece Goods, Notions & Other Apparel Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing and mining industries
  • Wholesale establishments
  • Fabric and other retailers for resale
  • Other
  • Businesses for use as an input (catering, event management and other
  • Chart: Major Market Segmentation for the Piece Goods, Notions & Other Apparel Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWages and depreciationRent, utilities, marketing and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Piece Goods, Notions & Other Apparel Wholesaling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Piece Goods, Notions & Other Apparel Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Piece Goods, Notions & Other Apparel Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Piece Goods, Notions & Other Apparel Wholesaling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Demand from apparel manufacturing (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Piece Goods
  • Fabrics, yarn and ribbon sold by the yard.
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Piece Goods, Notions & Other Apparel Wholesaling contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    IBISWorld industry market research reports enable you to:
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    This report on Piece Goods, Notions & Other Apparel Wholesaling:
    • 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 Piece Goods, Notions & Other Apparel Wholesaling 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 Piece Goods, Notions & Other Apparel Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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