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Textile Mills in the US
IBISWorld, June 2011, Pages: 31
Hanging by a thread: Revenue will continue falling, as demand for imports escalates
Textile Mills in the US
International relations
US textile mills have taken a sharp hit from overseas production. As manufacturers aim to reduce costs, they will continue to move to low-cost countries like China and India in order to remain profitable. In accordance with this move, the domestic industry will suffer, with revenue and the number of establishments consistently falling. To remain competitive, domestic companies will focus on non-woven fabrics and specialized markets.
This industry is a collection of a variety of textile manufacturers. Most notably, establishments categorized in this industry spin yarn from various fibers, manufacture woven and non-woven fabrics, produce window curtains and drapes and finish and coat an array of textile products.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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