Apparel Knitting Mills in the US Industry Market Research Report

IBISWorld does not project that an industry turnaround will occur over the next five years, but declines are forecast to be less severe than the double-digit drops of 2008 and 2009. Most outsourcing has already taken place and despite the economy's expected rebound in the next five years, the Apparel Knitting Mills industry is anticipated to decline through 2017. The entire industry will likely take on a new structure where domestic firms focus on high value-added jobs like designing, marketing and branding. As is the trend with most declining industries, operators that continue to knit apparel domestically will try to find an untapped niche in the market. For example, industry player American Apparel uses its "Made in Downtown LA" tagline as a marketing tool. This and similar tactics will become even more commonplace over the five years to 2017, helping to reshape the domestic Apparel Knitting Mills industry.

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