Standard Report | Premium Report | |
---|---|---|
Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
Instant Download - Available immediately upon purchase | ||
Download both PDF and Excel
|
Download now: |
2024 U.S. Industry Statistics & Market Forecast - Knit Fabric Mills
Market Size & Industry Statistics
The total U.S. industry market size for Knit Fabric 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 | 2019 2020 2021 2022 2023 | |
---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|
Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The Knit Fabric Mills industry has undergone significant changes in recent years, driven by several key trends shaping the marketplace. One of the foremost trends is the increasing demand for sustainable and eco-friendly fabrics, driven by growing consumer awareness about the environmental impact of textiles. Brands and fashion houses are now more focused on developing and using sustainable fibers such as organic cotton, recycled polyester, and Tencel, among others.Another trend in the Knit Fabric Mills industry is the shift towards digitalization and automation. In-house design systems, computerized knitting machines, and other technological advancements are transforming the manufacturing process and increasing efficiency. Automation not only reduces labor costs but also increases the capacity and speed of production.
The rising popularity of athleisure and activewear is also impacting the Knit Fabric Mills industry. The trend towards more casual and comfortable clothing has led to increased demand for stretchy, moisture-wicking, and breathable fabrics. Fabrics that can provide comfort and performance are favored in the textile industry.
Lastly, globalization is a significant trend affecting the Knit Fabric Mills industry. Companies in developing countries with low-cost labor are entering the global market and creating competition for traditional manufacturers. This has led to consolidation in the industry and increased pressure to innovate and offer more value to consumers.
In summary, sustainability, digitalization, athleisure, and globalization are key trends affecting the Knit Fabric Mills industry, and textile manufacturers that adapt to these changes will be best positioned to succeed in the future 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 |
|
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 Knit Fabric 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 Knit Fabric Mills industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
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). |
|
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Knit Fabric Mills measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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. |
|
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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. |
|
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
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. |
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 |
||
Chief Executives | 0% | |||
General and Operations Managers | 1% | |||
Office and Administrative Support Occupations | 8% | |||
Installation, Maintenance, and Repair Occupations | 10% | |||
Other Installation, Maintenance, and Repair Occupations | 9% | |||
Industrial Machinery Installation, Repair, and Maintenance Workers | 6% | |||
Industrial Machinery Mechanics | 6% | |||
Production Occupations | 62% | |||
Textile, Apparel, and Furnishings Workers | 45% | |||
Textile Machine Setters, Operators, and Tenders | 33% | |||
Textile Knitting and Weaving Machine Setters, Operators, and Tenders | 20% | |||
Textile Winding, Twisting, and Drawing Out Machine Setters, Operators, and Tenders | 9% | |||
Miscellaneous Textile, Apparel, and Furnishings Workers | 8% | |||
Extruding and Forming Machine Setters, Operators, and Tenders, Synthetic and Glass Fibers | 6% | |||
Other Production Occupations | 11% | |||
Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
Inspectors, Testers, Sorters, Samplers, and Weighers | 6% | |||
Transportation and Material Moving Occupations | 7% | |||
Material Moving Workers | 6% | |||
Laborers and Material Movers | 5% |
Knit Fabric Mills Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Knit Fabric 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 Knit Fabric 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 Knit Fabric Mills industry. |
Source:
Recent Federal Contracts for Knit Fabric Mills- Feb 01, 2024: COVILLE, INC. (Winston Salem, NC) awarded $55,405
- Jan 25, 2024: ALMACK LINERS INC (Chatsworth, CA) awarded $29,510
- Feb 01, 2024: COVILLE, INC. (Winston Salem, NC) awarded $55,405
- Jan 25, 2024: ALMACK LINERS INC (Chatsworth, CA) awarded $29,510
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.