Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 0.7% over the past five years, to reach an estimated $102.0bn in 2019.
Trends and Insights
- Mexico's proximity to the United States enables clothing manufacturers to offer their customers a better product mix
- Additional trends and insights available with purchase
Biggest companies in the Cut & Sew Textile Materials Apparel Manufacturing in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Zentrix S. de RL de CV | ||||
CaliBaja Manufacturing Inc. | ||||
CS Tech México SA de CV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Sleepwear and underwear, Shirts and Uniforms. Sleepwear and underwear is the largest segment of the Cut & Sew Textile Materials Apparel Manufacturing in Mexico.
Trends and Insights
• Pants comprise the largest product segment in this industry, accounting for 21.9% of total industry revenue in 2019, and are less subject to changing preferences and trends.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Cut and Sew Textile Materials Apparel Manufacturing industry in Mexico comprises establishments that engage in the cutting and sewing of purchased fabric to manufacture garments, such as pants, suits, uniforms and other textile materials apparel. Industry products are either exported or made for domestic consumption. Rising competition from foreign countries has driven import penetration while hampering export growth over the five years to 2019. As a result, the number of establishments has been declining over the five years to 2019. Apparel manufacturing facilities are typically located in countries where labor and production costs are low; countries like China have taken a fair share of the Mexican market, forcing domestic establishments to exit the industry or merge to remain profitable. However, due to the essential nature of the industry, demand for industry services has been increasing, leading industry revenue to rise at an annualized rate of 0.7% to MXN $102.0 billion over the five years to 2019. Industry revenue is expected to increase 1.4% in 2019 alone amid a 1.9% increase in consumer spending.
What's included in this industry?
Textile materials apparel manufacturingKnitted fabric clothing manufacturingOther textile materials outwear manufacturingSleepwear and underwearShirtsUniformsPantsClothing made with knitted fabricsOther textile apparelSuitsCompanies
Zentrix S. de RL de CVCaliBaja Manufacturing Inc.CS Tech México SA de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
KNIT FABRICMAQUILADORATARIFFIndustry Code
NAICS 31522MX - Cut & Sew Textile Materials Apparel Manufacturing in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Consumer Confidence Index. A positive economic outlook gives consumers more confidence to make more discretionary purchases. Consumer confidence typically declines and consume...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• Pants comprise the largest product segment in this industry, accounting for 21.9% of total industry revenue in 2019, and are less subject to changing preferences and tr...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Establishments in the Cut and Sew Textile Materials Apparel Manufacturing industry are mostly concentrated in the <BR/>Southwestern and South-Central regions of Mexico. The sp...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Establishment of export markets. Since exports are an important factor in this industry, companies can benefit by developing export markets.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Zentrix S. de RL de CV (Zentrix) was founded in 1965 in Arizapan, Mexico City, and focuses on the production of sports garments and undergarments. Zentrix currently employs ab...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Zentrix S. de RL de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of CaliBaja Manufacturing Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of CS Tech México SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Zentrix S. de RL de CV, and factors influencing its performance in the industry
- Description and key data for CaliBaja Manufacturing Inc., and factors influencing its performance in the industry
- Description and key data for CS Tech México SA de CV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
In general, manufacturing facilities in Mexico are subject to the Mexican Federal Labor Law, which allocates basic labor laws such as worker compensation and workplace health ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Cut & Sew Textile Materials Apparel Manufacturing industry in Mexico in 2019?
The market size of the Cut & Sew Textile Materials Apparel Manufacturing industry in Mexico is $102.0bn in 2019.
How many businesses are there in the Cut & Sew Textile Materials Apparel Manufacturing in Mexico industry in 2019?
There are 20,692 businesses in the Cut & Sew Textile Materials Apparel Manufacturing industry in Mexico, which has declined at a CAGR of -3.5% between 2014 and 2019.
Has the Cut & Sew Textile Materials Apparel Manufacturing industry in Mexico grown or declined over the past 5 years?
The market size of the Cut & Sew Textile Materials Apparel Manufacturing industry in Mexico has been at a CAGR of 0.7% between 2014 and 2019.
What is the forecast growth of the Cut & Sew Textile Materials Apparel Manufacturing industry in Mexico over the next 5 years?
The Cut & Sew Textile Materials Apparel Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Cut & Sew Textile Materials Apparel Manufacturing market in Mexico?
The biggest companies operating in the Cut & Sew Textile Materials Apparel Manufacturing market in Mexico are Zentrix S. de RL de CV, CaliBaja Manufacturing Inc. and CS Tech México SA de CV
What does the Cut & Sew Textile Materials Apparel Manufacturing in Mexico include?
Textile materials apparel manufacturing and Knitted fabric clothing manufacturing are part of the Cut & Sew Textile Materials Apparel Manufacturing industry.
Which companies have the highest market share in the Cut & Sew Textile Materials Apparel Manufacturing in Mexico?
The company holding the most market share in Mexico is Zentrix S. de RL de CV.
How many people are/were employed in the Cut & Sew Textile Materials Apparel Manufacturing in Mexico in 2019?
There are 254k employed in the Cut & Sew Textile Materials Apparel Manufacturing industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- Operators in this industry manufacture footwear.
- Operators in this industry manufacture fabrics and other textile products.
Methodology
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Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
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Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
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