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2023 U.S. Industry Statistics & Market Forecast - Curtain & Linen Mills
Market Size & Industry Statistics
The total U.S. industry market size for Curtain & Linen 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 | 2017 2018 2019 2020 2021 2022 | |
|---|---|---|
| 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 / six-year demand forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
The Curtain & Drapery Mills industry is highly influenced by several key trends. Firstly, there is a growing preference for eco-friendly and sustainable products, which has led to an increase in demand for curtains and drapes made from natural fibers such as cotton, linen, and hemp. Additionally, there is a significant rise in demand for smart window treatments, which can be controlled remotely through mobile devices. This trend has created a need for curtains and drapes that can integrate with other smart home devices.Another trend that is impacting the industry is the increased adoption of motorized and automated drapery systems. This trend has been spurred on by advancements in technology and increasing demand for convenience in homes and workplaces. Relatedly, there is a growing preference for customizable curtains and drapes, where customers can select the fabric, size, and other design features, leading to a rise in mass customization.
Finally, the globalization of the textile industry is another significant factor impacting the curtain and drapery mills market. More manufacturers are sourcing raw materials and finished goods internationally, and this has led to increased competition, both from domestic and international companies. This trend has pushed firms to focus on cost optimization through innovation, improved supply chain management, and increasing efficiency in the manufacturing process. The industry has also experienced increased mergers and acquisitions due to the ongoing consolidation of the market.
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) | |
|---|---|---|
| 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 Curtain & Linen 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 Curtain & Linen 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 Curtain & Linen 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 | 4% | Order at top of page |
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| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 10% | |||
| Installation, Maintenance, and Repair Occupations | 6% | |||
| Other Installation, Maintenance, and Repair Occupations | 5% | |||
| Production Occupations | 58% | |||
| Textile, Apparel, and Furnishings Workers | 46% | |||
| Sewing Machine Operators | 18% | |||
| Sewing Machine Operators | 18% | |||
| Textile Machine Setters, Operators, and Tenders | 24% | |||
| Textile Knitting and Weaving Machine Setters, Operators, and Tenders | 8% | |||
| Textile Winding, Twisting, and Drawing Out Machine Setters, Operators, and Tenders | 12% | |||
| Other Production Occupations | 6% | |||
| Transportation and Material Moving Occupations | 13% | |||
| Material Moving Workers | 12% | |||
| Laborers and Material Movers | 8% | |||
Curtain & Linen Mills Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Curtain & Linen 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 Curtain & Linen 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 Curtain & Linen Mills industry. |
Source:
Government Contracts
In 2022, the federal government spent a total of $6,568,205 on Curtain & Linen Mills. It has awarded 376 contracts to 69 companies, with an average value of $95,191 per company.| Most Recent Contracts | Date | Total Award Amount |
|---|---|---|
| L1 ENTERPRISES INCORPORATED 618 W Patrick St Frederick, MD | Jun 29, 2023 | $16,884 |
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