
U.S. Men's And Boys' Cut And Sew Apparel Market. Analysis And Forecast to 2025
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U.S. Menswear Market - Rising Work Clothes Consumption Buoys Current Market Growth
IndexBox has just published a new report: 'U.S. Men's And Boys' Cut And Sew Apparel Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.
The revenue of the menswear market in the U.S. amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2018, when the market value increased by X% against the previous year. In that year, the menswear market reached its peak level, and is likely to continue its growth in the immediate term.
Menswear Production in the U.S.
In value terms, menswear production totaled $X in 2018. The total output value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2015, with an increase of X% y-o-y.
Exports from the U.S.
In 2018, menswear exports from the U.S. totaled X tonnes, waning by -X% against the previous year. Overall, menswear exports continue to indicate a deep contraction. The growth pace was the most rapid in 2016, with an increase of X% year-to-year. In that year, menswear exports reached their peak of X tonnes. From 2017 to 2018, the growth of menswear exports remained at a lower figure. In value terms, menswear exports totaled $X (IndexBox estimates) in 2018. Over the period under review, menswear exports continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2016, when exports increased by X% y-o-y. In that year, menswear exports attained their peak of $X. From 2017 to 2018, the growth of menswear exports failed to regain its momentum.
Exports by Country
Belgium (X tonnes), New Zealand (X tonnes) and Jamaica (X tonnes) were the main destinations of menswear exports from the U.S., with a combined X% share of total exports.
From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, Jamaica ($X) emerged as the key foreign market for menswear exports from the U.S., comprising X% of total menswear exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by the UK, with a X% share.
Export Prices by Country
The average menswear export price stood at $X per kg in 2018, declining by -X% against the previous year. In general, the menswear export price continues to indicate a drastic deduction. Export prices varied noticeably by the country of destination; the country with the highest export price was Jamaica ($X per kg), while the average price for exports to Belgium ($X per kg) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to New Zealand, while the export prices for the other major destinations experienced more modest paces of growth.
Imports into the U.S.
Menswear imports into the U.S. totaled X tonnes in 2018, surging by X% against the previous year. In value terms, menswear imports amounted to $X (IndexBox estimates) in 2018.
Imports by Country
In 2018, China (X tonnes) constituted the largest supplier of menswear to the U.S., accounting for a X% share of total imports. Moreover, menswear imports from China exceeded the figures recorded by the second largest supplier, Honduras (X tonnes), threefold. Vietnam (X tonnes) ranked third in terms of total imports with a X% share.
From 2013 to 2018, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Honduras (+X% per year) and Vietnam (+X% per year).
In value terms, China ($X) constituted the largest supplier of menswear to the U.S., comprising X% of total menswear imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports. It was followed by Honduras, with a X% share.
Import Prices by Country
The average menswear import price stood at $X per kg in 2018, remaining stable against the previous year. Over the period under review, the menswear import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2016, when the average import price increased by X% y-o-y. Over the period under review, the average import prices for men's and boys' cut and sew apparel attained their peak figure at $X per kg in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was Jordan ($X per kg), while the price for Pakistan ($X per kg) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Cambodia, while the import prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the menswear market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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