First Research US Industry Profile

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Men's Clothing Manufacturing
SIC Codes: 2311, 2321, 2322, 2325, 2326
NAICS Codes: 315220
Last Quarterly Update: 7/4/2022
Companies in this industry manufacture garments for men and boys made from purchased fabric and from fabric they produce themselves. Major companies include Hanesbrands, Levi Strauss, PVH, Ralph Lauren, VF Corporation (all based in the US), along with Hugo Boss (Germany) and Youngor Group (China).
Global revenue from men's apparel manufacturing is expected to increase nearly 6% per year from 2022 to 2027, according to Mordor Intelligence. Growth is fueled by online sales, and rising demand for luxury menswear and activewear. China is the world's largest apparel manufacturer and exporter. The European Union, the US, and Japan are the largest importers of apparel.
The US men's and boys' apparel manufacturing industry includes about 450 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $1.5 billion. The industry does not include apparel contractors that cut and sew materials owned by other companies. Men's clothing cut and sew contractors are covered in the Apparel Manufacturing profile.
Competitive Landscape
Demand is largely determined by consumer tastes and disposable income. The profitability of individual companies depends on efficient operations and the ability to secure contracts with clothing marketers. Small companies can compete effectively with large ones by specializing in a particular type of men's or boys' apparel manufacture. There are few economies of scale in manufacture, because of the high labor content of most apparel. The US industry is concentrated: the 50 largest companies generate about 80% of revenue.
Because of the lower costs to manufacture apparel abroad, the US imports more men's and boys' clothes than it makes domestically.? The largest suppliers to the US are China, Vietnam, Bangladesh, Mexico, and Honduras. Many manufacturers ship?semi-finished?apparel to other countries for sewing into final garments, which are then re-imported into the US. Major export markets for US men's and boys' apparel manufacturers include Canada and Mexico.
Products, Operations & Technology
Major products include tailored suits which account for about 40% of the industry's revenue, followed by workpants (about 20%), and sports and leisure ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
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Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

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