NAICS 315192 - Underwear and Nightwear Knitting Mills
This U.S. industry comprises establishments primarily engaged in one of the following: (1) knitting underwear and nightwear; (2) knitting fabric and manufacturing underwear and nightwear; or (3) knitting, manufacturing, and finishing knit underwear and nightwear. Examples of products produced in underwear and nightwear knitting mills are briefs, underwear T-shirts, pajamas, nightshirts, foundation garments, and panties.
Industry trends:
The Underwear and Nightwear Knitting Mills industry (NAICS 315192) is currently experiencing several qualitative trends driven by consumer preferences and technological advancements. One significant trend is the increasing demand for sustainable and eco-friendly products. Consumers are becoming more environmentally conscious, prompting manufacturers to adopt organic materials and sustainable production practices. This shift is expected to continue, with companies investing in eco-friendly textiles and recycling programs.
Another notable trend is the rise of customization and personalized products. Advances in knitting technology and digitalization allow for more tailored garments, catering to individual consumer needs and preferences. This trend is gaining traction as consumers seek unique and bespoke items that reflect their personal style.
The athleisure movement is also influencing the industry, with an increasing demand for comfortable yet stylish nightwear that can double as casual daywear. This trend blurs the lines between traditional categories, pushing designers to innovate and create multi-functional pieces.
In the near future, the industry is expected to see growth in online sales channels, accelerated by the ongoing digital transformation and the impact of the COVID-19 pandemic. E-commerce platforms will play a crucial role in reaching a broader audience and providing convenient shopping experiences.
Furthermore, technological advancements such as 3D knitting and smart textiles are anticipated to revolutionize production processes and product offerings. These innovations will enable more efficient manufacturing, reducing waste and enhancing product features like moisture-wicking and temperature control.
Overall, sustainability, customization, athleisure, digitalization, and technology-driven innovation are key trends shaping the Underwear and Nightwear Knitting Mills industry, with these factors expected to drive its evolution in the coming years.
This industry is comprised of:
Bathrobes made in apparel knitting mills
Briefs, underwear, made in apparel knitting mills
Drawers, apparel, made in apparel knitting mills
Girdles and other foundation garments made in apparel knitting mills
Lounging robes and dressing gowns made in apparel knitting mills
Negligees made in apparel knitting mills
Nightgowns made in apparel knitting mills
Nightshirts made in apparel knitting mills
Nightwear made in apparel knitting mills
Pajamas made in apparel knitting mills
Panties made in apparel knitting mills
Robes, lounging, made in apparel knitting mills
Shirts, underwear, made in apparel knitting mills
Shorts, underwear, made in apparel knitting mills
Slips made in apparel knitting mills
Tank tops, underwear, made in apparel knitting mills
T-shirts, underwear, made in apparel knitting mills
Underwear made in apparel knitting mills
Underwear shirts made in apparel knitting mills
Underwear shorts made in apparel knitting mills
Union suits made in apparel knitting mills
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.