Overview

Falling to pieces: Import competition and wholesale bypass leave revenue in tatters

IBISWorld’s Piece Goods, Notions & Other 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
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth
12-17
-2.3%
Annual Growth
17-22
Profit
Employment
25,782
Business
7,296

Industry Threats & Opportunities

  • An increasing rate of imports will continue to hamper this already struggling industry
  • 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

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    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...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry SWOT Analysis Chapter

    The Piece Goods, Notions and Other Apparel Wholesaling industry is in the decline phase of its life cycle. Industry value added, which measures its contribution to the economy, is forecast to fall at an average annual rate of 1.6% over the 10 years to 2022. This is a stark contrast from the annual growth rate of GDP during this time, which IBISWorld expects to average 2.0% per year. Over the 10-year period, industry revenue and wages are expected to decline, diminishing the industry's overall contribution to the economy.

    Total wages are expected to drop at an annualized rate of 2.1% over the ten years to 2022, driven by a declining number of industry companies and the increased automation of many wholesale jobs. Dep..

    shopping_cartBUY NOW 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..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    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

    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
  • Import penetration into the manufacturing sector
  • Demand from apparel manufacturing
  • Trade-weighted index
  • Demand from mining
  • Consumer Confidence Index

  • Current Performance
  • Intense import penetration
  • Mining demand
  • Shrinking size
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit, participation and people
  • The silver lining
  • 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

  • Products & Markets
    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
  • Apparel manufacturing industries
  • Wholesale establishments
  • Fabric and other retailers for resale
  • Mining and other manufacturing
  • 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
    Competitive Landscape
    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
    Major Companies
    There are no major players in this industry
    Operating Conditions
    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
    Key Statistics
    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
    Jargon & Glossary
    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.
  • 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 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.

    Join IBISWorld today

    Contact Us

    Want to speak to a representative? Call us.

    clear