This U.S. industry comprises establishments primarily engaged in manufacturing apparel and apparel accessories (except apparel knitting mills; cut and sew apparel contractors; cut and sew apparel; hats and caps; mittens and gloves; and men's and boys' neckwear). Jobbers for these products, who perform entrepreneurial functions involved in other apparel and accessory manufacture, including buying raw materials, designing and preparing samples, arranging for other apparel and accessories to be made from their materials, and marketing finished other apparel and accessories, are included. Examples of products made by these establishments are apparel trimmings and findings, belts, women's scarves, and suspenders.
The NAICS 315999 industry, encompassing Other Apparel Accessories and Other Apparel Manufacturing, is experiencing several key qualitative trends. Sustainability is at the forefront as consumers increasingly demand eco-friendly and ethically produced goods. Companies are integrating organic fabrics, recycled materials, and transparent supply chains to appeal to environmentally conscious buyers. Additionally, advancements in technology such as 3D printing and automated sewing robots are driving innovation and efficiency, allowing for more customizable and on-demand production.
The rise of direct-to-consumer (DTC) brands is another notable trend, eliminating middlemen to offer unique and personalized shopping experiences. Social media and influencer marketing play a crucial role in creating brand awareness and loyalty, particularly among younger demographics. There is also a growing focus on inclusive apparel, catering to a wide range of sizes, genders, and lifestyles.
Looking ahead, the industry is expected to benefit from continued e-commerce growth, especially as online shopping becomes increasingly normalized post-pandemic. Virtual fitting rooms and augmented reality (AR) are anticipated to enhance online shopping experiences, reducing return rates and increasing customer satisfaction. Overall, companies that prioritize sustainability, technology, and inclusivity are likely to thrive in this evolving landscape.
Apparel findings and trimmings cut and sewn from purchased fabric (except apparel contractors)
Aprons, waterproof (e.g., plastics, rubberized fabric), rubberizing fabric and manufacturing aprons
Aprons, waterproof (including rubberized fabric, plastics), cut and sewn from purchased fabric (except apparel contractors)
Arm bands, elastic, cut and sewn from purchased fabric (except apparel contractors)
Bathing caps, rubber, manufacturing
Belts, apparel (e.g., fabric, leather, vinyl), cut and sewn from purchased fabric (except apparel contractors)
Belts, money, any material, cut and sewn from purchased fabric (except apparel contractors)
Bibs and aprons, waterproof (e.g., plastics, rubber, similar materials), cut and sewn from purchased fabric (except apparel contractors)
Bibs and aprons, waterproof (e.g., plastics, rubber, similar materials), rubberizing fabric and manufacturing bibs and aprons
Coat trimmings fabric cut and sewn from purchased fabric (except apparel contractors)
Cummerbunds cut and sewn from purchased fabric (except apparel contractors)
Dress trimmings cut and sewn from purchased fabric (except apparel contractors)
Findings, suit and coat (e.g., coat fronts, pockets), cut and sewn from purchased fabric (except apparel contractors)
Handkerchiefs (except paper) cut and sewn from purchased fabric
Hat findings cut and sewn from purchased fabric (except apparel contractors)
Hat linings and trimmings cut and sewn from purchased fabric (except apparel contractors)
Headbands, women's and girls', cut and sewn from purchased fabric (except apparel contractors)
Linings, hat, men's, cut and sewn from purchased fabric (except apparel contractors)
Millinery trimmings cut and sewn from purchased fabric (except apparel contractors)
Mufflers, women's and girls', cut and sewn from purchased fabric (except apparel contractors)
Neckties, women's and girls', cut and sewn from purchased fabric (except apparel contractors)
Scarves, women's, misses', and girls', cut and sewn from purchased fabric (except apparel contractors)
Suit trimmings cut and sewn from purchased fabric (except apparel contractors)
Suspenders cut and sewn from purchased fabric (except apparel contractors)
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
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.
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.