The past five years have been mixed for the Clothing Manufacturing industry. Following a rebound in 2010-11 after revenue contraction, the industry continued to decline through the early years of the period. The economic downturn of 2008 exacerbated problems for UK apparel manufacturers, which were already losing market share to low-cost foreign competitors. However, the industry has proved its resilience over the past five years. Though economic problems squeezed household disposable income, making Britons more frugal and facilitating import penetration, demand for discretionary goods, like costly clothing, bounced back.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.