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2025 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 | 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 (%) | |||||
Industry Insights
Major trends affect the Knit Fabric Mills industry include:- Increased demand for sustainable and eco-friendly materials
- Shift towards automation and advanced manufacturing technologies
- Growth in technical textiles and performance-enhanced materials
- Rising labor costs in traditional manufacturing hubs
- Expansion of e-commerce and direct-to-consumer sales channels
- Fluctuations in raw material prices, particularly natural fibers
- Stringent environmental regulations impacting production processes
- Growing preference for athleisure and comfort-driven apparel
- Impact of global trade policies and tariffs
- Consumer demand for customization and personalization
- Increasing importance of agile supply chain and inventory management
- Enhanced focus on local production and reducing carbon footprint
- Integration of digital technologies for design and prototyping
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 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. |
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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 Knit Fabric 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 |
||
| 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:
Latest Industry News
- These Thoughtful, Wirecutter-Approved Gifts Are on Sale for Prime Day - Prime Day ends tonight! We've rounded up all the best (still available) deals here. Plus: Sign up for Wirecutter's newsletter to get exclusive deals sent straight to your inbox. As Prime Day winds down, (07/11/2025)
- Kristen Collection Secrets: Discover Stunning Styles You’ll Love - If you been wondering what makes the Kristen Collection so irresistible, you’re in the right place! This article gonna spill the tea on Kristen Collection (07/10/2025)
- Knitting a future for Wyoming wool - Those two sheep are named Yarnold and Lambert, and they are owned by Karen Hostetler, who also owns the tucked-away building off the highway, which — despite its unassuming appearance — houses the West’s largest full-service wool mill. (07/10/2025)
- Accelerating Circularity Tracks Commercially Available Circular Materials - Accelerating Circularity unveiled its first “lookbook” showcasing commercially available circular materials from the nonprofit’s U.S. and EU trials. (07/09/2025)
- PFY market witnesses accumulating contradiction with faster downstream production cuts - Compared with rapidly weaker operating rate on downstream market, the operating rate of PFY plants remains high, with that of direct-spun PFY plants above 90%. The contradiction between supply and demand is accumulating. (07/08/2025)
- Central Pa. museum explores history of fashion — from the Titanic to American Girl [Unscripted column] - Before the show started, I always headed to the Metropolitan Museum of Art, usually at the big Costume Institute show. In the middle of the day, in the middle of the week, there usually weren’t many crowds to fight. (07/06/2025)
- This family-owned knitting mill near Toronto has been manufacturing Canadian apparel for decades - House of Blanks is known for creating the “best” heavy weight blanks – apparel that is unbranded, undecorated and designed for customization. (07/02/2025)
- Cotton yarns maker Shree Ram Twistex files draft papers for IPO - Gujarat-based cotton yarns manufacturer Shree Ram Twistex has filed draft papers with the SEBI on June 27, to raise funds via initial public offering (IPO) for funding the power projects and working capital requirements. The IPO consists of entirely fresh issue of 1.06 crore equity shares. (06/27/2025)
- Biodegradable Is Beautiful, Say Exhibitors at Future Fabrics Expo 2025 in London - The annual event, a futuristic science fair, showcased 50 new innovations from more than 120 partners and exhibitors including LVMH Moët Hennessy Louis Vuitton, Lenzing, Canopy and Hydefy. (06/26/2025)
- This textile star’s rally masks a margin meltdown. Should investors be worried? - Margin pressure, rising debt, and an unusually high level of promoter pledging cast a shadow over the company’s growth narrative. Can this textile star still deliver a billion-dollar breakout? (05/30/2025)
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