Textile Bag & Canvas Mills Industry - Market Research Report
Industry Overview
This industry comprises establishments primarily engaged in manufacturing textile bags or other canvas and canvas-like products, such as awnings, sails, tarpaulins, and tents from purchased textile fabrics or yarns. Illustrative Examples: Covers (e.g., boat, swimming pool, truck) made from purchased fabrics Laundry bags made from purchased woven or knitted materials Seed bags made from purchased woven or knitted materials Textile bags made from purchased woven or knitted materials
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Textile Bag and Canvas Mills industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Textile Bag & Canvas Mills companies in the United States.
Textile Bag & Canvas Mills Revenue by State
Distribution by Company Size
| Company Size | All Industries | Textile Bag & Canvas Mills |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Textile Bag & Canvas Mills Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| Operating Revenue |
| Cost of Goods Sold (COGS) |
| Gross Profit |
| Operating Expenses |
| Operating Income |
| Non-Operating Income |
| Earnings Before Interest and Taxes (EBIT) |
| Interest Expense |
| Earnings Before Taxes |
| Income Tax |
| Net Profit |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Textile Bag & Canvas Mills industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Textile bag mills | Included |
Textile bags |
Duffle bags and knapsacks |
Duffle bags/knapsacks-wholly/chiefly cotton/manmade fibers |
All other textile bags |
Bags (laundry/wardrobe/shoe), incl. textile storage bags |
Bags, all other |
Textile bags, nsk, total |
Textile bags, nsk, for nonadministrative-record establishments |
Textile bags, nsk, for administrative-record establishments |
Salary information for employees working in the Textile Bag & Canvas Mills industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 4% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 3% |
| Sales and Related Occupations | 6% |
| Office and Administrative Support Occupations | 13% |
| Production Occupations | 62% |
| Textile, Apparel, and Furnishings Workers | 44% |
| Sewing Machine Operators | 32% |
| Sewing Machine Operators | 32% |
| Textile Machine Setters, Operators, and Tenders | 7% |
| Other Production Occupations | 5% |
Government Contracts
The federal government spent an annual total of
$36,351,050 on the textile bag & canvas mills industry. It has awarded 631 contracts to 205 companies, with an average value of $177,322 per company.
Top Companies in Textile Bag & Canvas Mills and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
