SIC 22 - Textile Mill Products
This major group includes establishments engaged in performing any of the following operations: (1) preparation of fiber and subsequent manufacturing of yarn, thread, braids, twine, and cordage; (2) manufacturing broadwoven fabrics, narrow woven fabrics, knit fabrics, and carpets and rugs from yarn; (3) dyeing and finishing fiber, yarn, fabrics, and knit apparel; (4) coating, waterproofing, or otherwise treating fabrics; (5) the integrated manufacture of knit apparel and other finished articles from yarn; and (6) the manufacture of felt goods, lace goods, non-woven fabrics, and miscellaneous textiles. This classification makes no distinction between the two types of organizations which operate in the textile industry: (1) the integrated mill which purchases materials, produces textiles and related articles within the establishment, and sells the finished products; and (2) the contract or commission mill which processes materials owned by others. Converters or other nonmanufacturing establishments which assign materials to contract mills for processing, other than knitting, are classified in nonmanufacturing industries; establishments which assign yarns to outside contractors or commission knitters for the production of knit products are classified in Industry Group 225.
Industry trends:
The textile mill industry, represented by SIC 22, is currently experiencing several transformative qualitative trends. One prominent trend is the increased emphasis on sustainability and eco-friendly production practices. Companies are investing in organic and recycled materials and adopting processes that minimize water and energy consumption, addressing consumer demand for environmental accountability.
Innovation in textile technology is also reshaping the industry. Smart textiles, which incorporate digital components and sensors, are gaining traction. These intelligent fabrics have applications ranging from health monitoring to adaptive clothing, enabling personalized and responsive consumer experiences. Furthermore, digital printing technology is improving the efficiency and customization capabilities of textile production, reducing waste while enhancing design possibilities.
Another trend is the reshoring of textile manufacturing, driven by geopolitical uncertainties and the desire to reduce carbon footprints associated with long supply chains. By bringing textile production closer to the end market, companies aim to enhance supply chain resilience, speed to market, and responsiveness to consumer demands.
Looking ahead, the industry is expected to continue its shift towards a circular economy, emphasizing recycling, upcycling, and closed-loop systems. This transition is anticipated to be driven by both consumer preferences and regulatory pressures for more sustainable practices. Additionally, advancements in automation and AI are forecasted to enhance production efficiencies, reduce costs, and foster innovation in design and manufacturing processes.
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