The 2020 Textile Mills Industry Market Research Report is one of the most comprehensive and in-depth overviews of the industry in the United States with over 100 data sets covering 2011-2024. This report includes updated 2020 and 5-year forecasts due to the impact of COVID-19.
This report includes historical and forecasted industry size, product lines, profitability, financial ratios, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, organizational breakdown, consolidation analysis, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
Industries in the Textile Mills subsector group companies that transform a basic fiber (natural or synthetic) into a product, such as yarn or fabric, that is further manufactured into usable items, such as apparel, sheets towels, and textile bags for individual or industrial consumption. The further manufacturing may be performed in the same establishment and classified in this subsector, or it may be performed at a separate establishment and be classified elsewhere in manufacturing.
This report is based on extensive business surveys and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
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Below are a few of the hundreds of stats from the 2020 Textile Mills Industry Market Research Report:
INDUSTRY SIZE In 2019, industry sales were $27.5 billion
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INDUSTRY GROWTH Over the past 3 years, the industry has declined at an annual rate of -0.8%
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COMPANY GROWTH There are 1,680 companies in the industry
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SALES PER COMPANY In 2019, the average sales per company was $16.4 million
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INFLATION & PRICING 2020 forecasted inflation is 2.2%
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FINANCIAL RATIO BENCHMARKS Companies average a Fixed Asset Turnover ratio of 1.8
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RIGHTSIZING ANALYSIS Employee productivity is $308,990
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EXPENSE BENCHMARKING 2.2% of expenses are spent on health insurance
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OPERATING EXPENSES In 2019, industry operating expenses grew 0.7%
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PAYROLL In 2019, payroll per employee was $45,087
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PAYROLL BY STATE California averages $32,393 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS 3.7% of employees in the industry are in management positions
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JOB CATEGORIZATION PAY RANGES The average industry hourly pay for office and administrative jobs is $18.41
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The above highlights represent a small fraction of what you will find in this report.
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