NAICS 315991 - Hat, Cap, and Millinery Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing cut and sew hats, caps, millinery, and hat bodies from purchased fabric. Jobbers, who perform entrepreneurial functions involved in hat, cap, and millinery manufacture, including buying raw materials, designing and preparing samples, arranging for hats, caps, and millinery to be made from their materials, and marketing finished hats, caps, and millinery, are included.
Industry trends:
The Hat, Cap, and Millinery Manufacturing industry (NAICS 315991) is currently experiencing several notable qualitative trends. One significant trend is the growing emphasis on sustainable and eco-friendly materials. Manufacturers are increasingly sourcing organic cotton, recycled polyester, and biodegradable materials to meet consumer demand for environmentally responsible products. This shift is driven by a heightened awareness of environmental impact and a preference for sustainable fashion.
Customization and personalization are also becoming more prevalent in this industry. Consumers are looking for unique, one-of-a-kind hats and caps that reflect their personal style and individuality. This trend is enabled by advances in manufacturing technology, including digital printing and 3D knitting, allowing for greater flexibility in design and production.
Moreover, there is a rising interest in heritage and craftsmanship. Consumers are seeking products that showcase quality, traditional techniques, and a sense of authenticity. This has led to a resurgence of artisanal brands and increased collaboration with skilled milliners and local artisans.
In terms of forecasts, the near future is expected to see continued growth in online sales channels, spurred by the global shift towards e-commerce. Additionally, the demand for athleisure wear, including sports caps and hats, is projected to remain strong as casual and comfortable fashion continues to dominate consumer preferences.
Overall, the future of the Hat, Cap, and Millinery Manufacturing industry looks promising, with sustainability, personalization, craftsmanship, and digital innovation driving its evolution.
This industry is comprised of:
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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