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Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
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2025 U.S. Industry Statistics & Market Forecast - Sewing, Needlework, and Piece Goods Retailers
Market Size & Industry Statistics
The total U.S. industry market size for Sewing, Needlework, and Piece Goods Retailers:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2020 2021 2022 2023 2024 | |
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Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
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Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Product & Services Breakdown
Research products and services in the Sewing, Needlework, and Piece Goods Retailers industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
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Industry Total |
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Sewing, Knitting, Needlework Goods, Including Fabrics, Patterns, Sewing Supplies, Notions, Yarns, Laces, Trimmings, Needlework Kits, |
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Fabrics |
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Sewing Supplies, Notions, Yarns, Laces, Trimmings, Needlework Kits. |
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Curtains, Draperies, Blinds, Slipcovers, Bed & Table Coverings |
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Kitchenware & Home Furnishings |
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Jewelry, Including Watches, Watch Attachments, Novelty Jewelry, Estate/Antique Jewelry. |
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All Other Merchandise |
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Seasonal Decorations |
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Artificial/Silk Flowers, Plants, & Trees |
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Craft Supplies |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) |
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Total Revenue | Order at top of page |
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Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Sewing, Needlework, and Piece Goods Retailers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
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Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Sewing, Needlework, and Piece Goods Retailers industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Sewing, Needlework, and Piece Goods Retailers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
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Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
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Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
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Management Occupations | 5% | Order at top of page |
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Chief Executives | 0% | |||
General and Operations Managers | 4% | |||
Sales and Related Occupations | 66% | |||
Supervisors of Sales Workers | 7% | |||
First-Line Supervisors of Sales Workers | 7% | |||
First-Line Supervisors of Retail Sales Workers | 7% | |||
Retail Sales Workers | 58% | |||
Cashiers | 9% | |||
Cashiers | 9% | |||
Retail Salespersons | 49% | |||
Retail Salespersons | 49% | |||
Office and Administrative Support Occupations | 10% | |||
Transportation and Material Moving Occupations | 6% | |||
Material Moving Workers | 5% | |||
Laborers and Material Movers | 5% |
Sewing, Needlework, and Piece Goods Retailers Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Sewing, Needlework, and Piece Goods Retailers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Sewing, Needlework, and Piece Goods Retailers industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Sewing, Needlework, and Piece Goods Retailers industry. |
Latest Industry News
- Festive sales slump: Muted demand for consumer goods hurt retailers in 2024 - With 2024 ending on a subdued environment, retailers are pinning their hopes on a demand revival next year. As per top executive from leading fast moving consumer goods companies, demand for ... (12/30/2024)
- UAE monitors prices of consumer goods, bans unauthorised increases on 9 essential items - According to the latest ministerial decrees, the Ministry of Economy, relevant local authorities, suppliers of essential consumer goods, retailers, digital merchants, and the UAE’s consumers are all instrumental in the successful implementation of the ... (12/28/2024)
- Big Lots to transfer some assets to Variety Wholesalers among others - the discount home goods retailer said. The Columbus-based company, which initiated bankruptcy proceedings under Chapter 11, has plans to shutter about 20% of its around 1,400 outlets across the ... (12/28/2024)
- 4 Ways Retailers can Connect with Gen Z - Retailers have to start understanding Gen Z. They’re in their late teens to mid-20s and have far more purchasing power than we give them credit for. They’ll reach $12 trillion by 2030. They’ve grown up with devices in hand, and social media is their ... (12/27/2024)
- 4 telltale signs of a fake Van Cleef & Arpels piece, according to a secondhand luxury retailer - a Dubai-based secondhand luxury retailer. It has been edited for length and clarity. I got into the business of authenticating luxury goods during the pandemic when I was hired as a purchaser for ... (12/25/2024)
- UAE prohibits retailers from increasing prices of rice, eggs, 7 other goods - The UAE’s Ministry of Economy on Tuesday said retailers in the country cannot increase prices of nine basic consumer goods without prior approval, in order to protect consumers and enhance ... (12/24/2024)
- Ministry warns retailers not to hike prices of 9 basic food items in UAE - The UAE’s Ministry of Economy on Tuesday prohibited the retailers and suppliers from hiking prices of nine basic consumer goods — cooking oil, eggs, dairy, rice, sugar, poultry, legumes, bread, and wheat — in the country. The new pricing policy is ... (12/24/2024)
- UAE officially bans retailers from increasing prices of eggs, rice, oil and more - Under the new rules, retailers will need approval ahead of time from the Ministry of Economy before raising the prices of nine basic goods, including cooking oil, eggs, dairy products, rice, sugar, poultry, legumes, bread and wheat. This move is part of a ... (12/24/2024)
- The 60 Gifts For Grandma We Love The Most - But it’s not just for reading—she can also use it for sewing, knitting, or any other hobby she may ... Get your grandma into a new hobby with this beginner embroidery kit. It comes with three pre-printed embroidery cloths, three hoops and thread ... (12/11/2024)
- Retail Media Networks: Unwrapping Benefits for Retailers, Shoppers and Brands this Holiday Season (and Beyond) - But targeting the right customers is only one piece of ... are over 200 retail media networks operating globally, from large-scale retailers like Target and Dollar General to category specialists like The Home Depot and Dick’s Sporting Goods (not to ... (12/06/2024)