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Research Outline
Prepared for Heather | Delivered November 3, 2019
US Clothing Alterations Market
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Goals
Determine the market size of the US clothing alterations industry in order to inform a market research report.
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Early Findings
Industry Overview
The clothing alteration industry will make a revenue of
$2 billion
in 2019.
There are about
72,700
clothing alteration businesses in the US.
Between 2014 and 2019, the industry has registered an annual growth rate of
2.9%
.
The industry employs about
76,923
people.
The industry is expected to have
increased revenues
between 2019 and 2023.
California, Texas, and New York have the
highest employment levels
for tailors, dressmakers, and custom sewers.
Tailors, dressmakers, and custom sewers that work for
performing arts companies
are the best paid in the industry.
The
types of businesses
that employ the most tailors, dressmakers, and custom sewers, are clothing stores, clothing alteration services, and dry cleaning businesses.
Air Tailor
and
ALTRD
are two online startups in the clothing alteration industry.
A standard price for a dress alteration is
$20 per hour
and tailoring a jacket can vary from
$15 to $70
, depending on the task.
Startup costs for a clothing alteration business are typically
under $2,000
.
Additional Resources
This paid
report
from IBIS World on the clothing alteration services industry in the US may have more information.
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