The market is dominated by domestic suppliers, as imports account for 34.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 68.5% of total demand in 2022. The US has the second largest market size for spinning of textile fibres; weaving of textiles across the top 20 developed countries, with demand reaching USD14.0 billion in 2022. Glen Raven Inc is the largest company in the US, generating 7.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 26.2% of total production value in 2022. The total number of companies increases in 2022, to 1,920 units. The costs of the industry increase by 3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 2.0% of production value in 2022, the 18th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 23.8% of total production output. With production value of USD11.7 billion, the US accounts for 88.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Spinning of Textile Fibres; Weaving of Textiles in the US: ISIC 1711. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spinning of Textile Fibres; Weaving of Textiles in the US: ISIC 1711 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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