Dressed up: Industry revenue rises thanks to strong demand for luxury products overseas

The past five years have been a period of revival and growth for the Clothing Manufacturing industry. The industry has been supported by programmes directed at boosting the innovative capacity of the wider textiles manufacturing sector. This has included a series of grants and training programmes to enhance skills training under the Alliance Project, established in 2012. In addition, an improving economy since 2013-14 and growth in real household disposable income have led to rising demand for discretionary goods, including expensive UK-made clothing. Furthermore, the association of many industry participants with luxury has allowed operators to make gains, particularly in emerging markets where incomes are rising...read more.

Industry Statistics & Market Size
Revenue
£3.3bn
Annual Growth 14-19
1.9%
Forecast Growth 19-24
Profit
Employment
30,683
Businesses
3,986
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry has expanded, supported by rising demand for luxury goods in emerging markets
  • Competition from imports originating from Eastern Europe has been significant
  • Strong demand for luxury British-made products in foreign markets should support growth
  • Industry Report - Industry Locations Chapter

    The geographical spread of industry establishments closely correlates with the proximity of key downstream markets, such as retailing and department stores, and to heritage and the traditional locations of clothing manufacturers in the United Kingdom.LondonLondon is the largest geographic region for clothing manufacturers and is estimated to account for 30.9% of industry establishments, an increase on five years earlier. This is partially due to the large number of smaller firms operating in niche markets. Operators within the region are in close proximity to key markets and can therefore respond to changing demand and consumer preferences more quickly. London is also home to the largest number of clothing retailers, department stores and wholesalers...purchase to read more.

    Additional Insights for the Clothing Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Clothing Manufacturing Industry are

  • Ability to alter goods and services produced in favour of market conditions
  • Economies of scope
  • Production of premium goods/services
  • IBISWorld analysts also discuss how external factors such as Demand from clothing retailing and Total online expenditure in the Clothing Manufacturing industry impact industry performance..

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    What's in this report

    What is the Clothing Manufacturing Industry?

    Firms in this industry manufacture clothing from a wide range of materials. Products include ready-to-wear and made-to-measure clothing, workwear, and casual and formal apparel. Underwear and hosiery manufacturing is also included in the industry.

    Industry Products
  • Outwear
  • Overcoats, raincoats, anoraks and other outdoor clothing
  • Coats, jackets and blazers
  • Accessories
  • Workwear
  • Knitted and crochet tops
  • Underwear
  • Industry Activities
  • Manufacturing women's clothing
  • Manufacturing men's clothing
  • Manufacturing children's clothing
  • Manufacturing workwear
  • Manufacturing underwear and hosiery
  • Manufacturing knitted clothing
  • Manufacturing clothing parts
  • Manufacturing accessories
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from clothing retailing
  • Total online expenditure
  • Value of goods imports
  • Demand from department stores
  • Real household disposable income

  • Current Performance
  • Government assistance
  • Import competition
  • Fighting back
  • Rising domestic production
  • Market structure and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand conditions
  • Domestic and foreign production
  • Market structure
  • Industry challenges
  • Table: Clothing Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Clothing Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Clothing & Footwear Wholesaling
  • Department Stores
  • Clothing Retailing

  • Key Selling Industries
  • Manufacture of Knitted and Crocheted Fabrics
  • Manufacture of Machinery for Textile, Apparel and Leather Production
  • Textile Weaving & Finishing

  • Products & Services
  • Outwear
  • Overcoats, raincoats, anoraks and other outdoor clothing
  • Coats, jackets and blazers
  • Accessories
  • Workwear
  • Knitted and crochet tops
  • Underwear
  • Other
  • Chart: Clothing Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable income and quality
  • Advertising and brand image
  • Demographics and social factors

  • Major Markets
  • Online retailing and e-commerce
  • Retailers
  • Wholesalers
  • Department stores
  • Chart: Major Market Segmentation for the Clothing Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Clothing Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Clothing Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Clothing Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Clothing Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Discretionary Goods
  • Non-essential items that are often considered a luxury, such as high-end clothing.
  • Ecocircle Plant Fibre
  • A plant based polyester that is an alternative material to cotton and wool.
  • Narrow Fabric
  • Woven fabric that generally does not exceed 45 centimetres (18 inches) in width.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Clothing Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Clothing Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Clothing Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Clothing Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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