SIC 2299 - Textile Goods, Not Elsewhere Classified
Establishments primarily engaged in manufacturing textile goods, not elsewhere classified, including linen goods, jute goods, felt goods, padding and upholstery filling and processed waste and recovered fibers and flock. Establishments primarily engaged in processing textile fibers to prepare them for spinning, such as wool scouring and carbonizing and combing and converting tow to top, are also classified here. Establishments primarily engaged in manufacturing woven wool felts and wool haircloth are classified in Industry 2231, and those manufacturing needle punch carpeting are classified in Industry 2273 . Establishments primarily engaged in manufacturing embroideries are classified in Industry Group 239. Establishments primarily engaged in manufacturing lace goods are classified in Industry 2258. Establishments primarily engaged in sorting wiping rags or waste are classified in Wholesale Trade, Industry 5093.
Industry trends:
The Textile Goods industry, classified under NAICS 2299, encompasses a diverse range of textile products not classified elsewhere. One of the latest qualitative trends in this industry is a growing emphasis on sustainability. Companies are increasingly adopting eco-friendly materials and processes to meet consumer demand for environmentally responsible products. This shift includes the use of organic fibers, recycled materials, and biodegradable dyes.
Another significant trend is the rising adoption of advanced technologies such as automation and Artificial Intelligence (AI) in textile manufacturing. These technologies are enhancing efficiency, reducing waste, and allowing for greater customization of textile goods. Consumers are seeking personalized products, and advancements in digital printing technology are enabling manufacturers to meet these demands more effectively.
Additionally, there is a noticeable trend towards greater transparency and traceability in the supply chain. Consumers today are more interested in the origins of their products and the ethical standards of the companies they buy from. This has led firms to invest in blockchain technology and other tracking systems to ensure greater visibility and accountability from sourcing to final product delivery.
Forecasts for the near future include a continuation of these trends with an expected increase in the demand for sustainable and technologically advanced textile goods. Moreover, as e-commerce continues to grow, companies in this sector are likely to invest more in online sales platforms and direct-to-consumer models to broaden their market reach. The overall market is expected to show a steady growth trajectory, driven by innovation and evolving consumer preferences.
This industry is comprised of:
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