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2025 U.S. Industry Statistics & Market Forecast - Apparel Knitting Mills
Market Size & Industry Statistics
The total U.S. industry market size for Apparel Knitting Mills:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Apparel Knitting Mills company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Apparel Knitting Mills industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Apparel Knitting Mills measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 3% | Order at top of page |
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| General and Operations Managers | 1% | |||
| Office and Administrative Support Occupations | 7% | |||
| Installation, Maintenance, and Repair Occupations | 11% | |||
| Other Installation, Maintenance, and Repair Occupations | 10% | |||
| Industrial Machinery Installation, Repair, and Maintenance Workers | 10% | |||
| Maintenance Workers, Machinery | 7% | |||
| Production Occupations | 58% | |||
| Textile, Apparel, and Furnishings Workers | 45% | |||
| Sewing Machine Operators | 10% | |||
| Sewing Machine Operators | 10% | |||
| Textile Machine Setters, Operators, and Tenders | 23% | |||
| Textile Knitting and Weaving Machine Setters, Operators, and Tenders | 21% | |||
| Miscellaneous Textile, Apparel, and Furnishings Workers | 11% | |||
| Textile, Apparel, and Furnishings Workers, All Other | 11% | |||
| Other Production Occupations | 8% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 7% | |||
| Inspectors, Testers, Sorters, Samplers, and Weighers | 7% | |||
| Transportation and Material Moving Occupations | 15% | |||
| Material Moving Workers | 14% | |||
| Laborers and Material Movers | 13% | |||
| Packers and Packagers, Hand | 8% | |||
Apparel Knitting Mills Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Apparel Knitting Mills industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Apparel Knitting Mills industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Apparel Knitting Mills industry. |
Source:
Latest Industry News
- Central Pa. museum explores history of fashion — from the Titanic to American Girl [Unscripted column] - Get unlimited access to breaking news, ancestry archives, our daily E-newspaper, games and more. Subscribe Today » (07/06/2025)
- Budzinski, Bost, Golden, Duckworth, King, and Collins Introduce Bipartisan, Bicameral Legislation to Support Domestic Military Footwear Production - The BOOTs Act would mandate that all optional combat boots worn by U.S. military servicemembers are Berry Amendment-compliant, or 100 percent made in the United States with U.S.-sourced materials. (07/04/2025)
- Cone Denim To Launch Collaborative Hub The Cone Collective - The Cone Collective is a true passion project for the Cone Denim team,” stated Caitlyn Holt, director of Sustainable Product Innovation and Marketing at Cone. “We have watched on social media over the years as people do truly unbelievable things with denim. (07/01/2025)
- COMMUNITY CALENDAR OF EVENTS — July 1 - Art in the Loft’s “SummerView” exhibit is on display now through Sept. 6 at 109 N. 2nd Ave. in Alpena. The gallery is open from 10 a.m. to 5 p.m. Tuesday through Saturday. Classes are offered, and scholarships are available. (07/01/2025)
- Fashion, fibres and farming – steps to sustainability - As sustainability becomes a central concern not just for agriculture but also for consumers, a new “farm to wardrobe” movement is developing. The fashion (06/30/2025)
- Trading traditions: Why cotton-rich Tiruppur is making a shift to synthetics - Although Tiruppur is synonymous with cotton, accounting for over 90% of Indias cotton knitwear exports, it is now gradually entering the less familiar market of MMF apparel, which is currently dominated by China. (06/26/2025)
- Berks food safety inspections found food stored too warm, 5 places out of compliance - Reading, Muhlenberg Township and the rest of the county. Reading and Muhlenberg Township have their own food safety inspectors and the rest of the county is inspected by Pennsylvania Department of Agriculture inspectors. (06/20/2025)
- The story of entrepreneur and textile magnate Fred O’Hara takes center stage at New York History Conference - One interesting parallel is that the Norwich Knitting Company produced the aforementioned line of athletic clothing under the brand Champknit in 1929. The Norwich High School varsity football team wore Champknit jerseys during its remarkable undefeated, untied, and unscored 1937 season under Head Coach Kurt Beyer, going 8–0 and scoring 251 points to nil. (06/12/2025)
- Get into weaving and knitting at this textile festival for one weekend only - Nan Fung Group’s ‘In Time of Weaving Festival’ returns for its second edition this year, themed after ‘Conversing with Emotions’. Last year’s festival attracted more than 15,000 participants, so knitting enthusiasts can expect this edition to be even bigger and better. (05/21/2025)
- Archroma Reimagines Iconic Denim For A Cleaner Future - Archroma will demonstrate an array of denim innovations at Denim Première Vision Milan and Denimsandjeans Vietnam, headed by DENIM HALO – a unique pretreatment and dyeing process developed to empower mills to produce highly sought-after distressed denim looks with a significantly reduced environmental footprint. (05/20/2025)
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