Clothing & Clothing Accessories Wholesaling in the US - Industry Market Research Report

Clothing & Clothing Accessories Wholesaling in the US - Industry Market Research Report
Clothing & Clothing Accessories Wholesaling in the US

The industry has suffered operating challenges. Wholesalers have been phased out as manufacturers opt for direct-to-consumer sales (DTC), particularly selling via e-commerce platforms. Similarly, the highly discretionary nature of clothing purchases leaves industry demand vulnerable to economic cycles, particularly those affecting national household income levels and consumer spending. Also, COVID-19 has generated the most significant volatility in recent industry history, with massive declines in 2020 nearly reversed in 2021 as spending picked up. Overall, total revenue is forecast to decrease at a CAGR of 2.7% to $127.1 billion over the five years to 2023, including a 1.2% drop during the current year.

This industry includes merchant wholesalers that distribute clothing and clothing accessories.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.