SIC 2395 - Pleating, Decorative And Novelty Stitching, And Tucking For The Trade
Establishments primarily engaged in pleating, decorative and novelty stitching, and tucking for the trade. Establishments primarily engaged in performing similar services for individuals are classified in service industries. Establishments primarily engaged in manufacturing trimmings are classified in Industry 2396.
Industry trends:
NAICS 2395, Pleating, Decorative, And Novelty Stitching, And Tucking For The Trade, is being influenced by several key qualitative trends. One prominent trend is the increasing demand for sustainable and eco-friendly materials. Consumers and brands are progressively prioritizing environmentally conscious choices in fabric and decoration processes, leading businesses in this sector to adopt more sustainable sourcing and production practices.
Another trend is the rise of customization and personalization in the fashion and home décor markets. Advances in technology, particularly digital stitching and pleating techniques, allow for more intricate and customized designs. This creates opportunities for businesses to offer unique, bespoke products that cater to individual consumer preferences.
Moreover, there is a growing interest in heritage and traditional craftsmanship. As consumers look for authenticity and unique artistry, businesses are incorporating traditional stitching techniques and culturally significant designs into their product offerings. This trend blends modern aesthetics with age-old practices, appealing to a diverse customer base.
In terms of forecasts for the near future, we can expect continued growth in the integration of technology within the industry. Technologies such as AI, automation, and advanced software will streamline production processes, enhance design capabilities, and reduce labor costs. Additionally, the post-pandemic era is likely to see a resurgence in demand for home décor items as people continue to invest in their living spaces. This sector will also benefit from the ongoing trend of e-commerce, as more consumers shop online for unique and customized textile products.
This industry is comprised of:
Appliqueing, for the trade
Art needlework-mfpm
Buttonhole making, except fur: for the trade
Crochet ware, machine-made
Emblems, embroidered
Embroideries: metallic, beaded, and sequined
Embroidery products, except Schiffli machine
Eyelet making, for the trade
Hem-stitching, for the trade
Lace, burnt-out
Looping, for the trade
Permanent pleating and pressing, for the trade
Pleating, for the trade
Quilted fabrics or cloth
Quilting, for the trade
Ruffling, for the trade
Scalloping, for the trade
Stitching, decorative and novelty: for the trade
Swiss loom embroideries
Tucking, for the trade
Explore related industries:
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.