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Sector: 31-33 Manufacturing

NAICS Code 313240 - Knit Fabric Mills

Industry Description

This industry comprises establishments primarily engaged in one of the following: (1) knitting weft (i.e., circular) and warp (i.e., flat) fabric; (2) knitting and finishing weft and warp fabric; (3) manufacturing lace; or (4) manufacturing, dyeing, and finishing lace and lace goods. Establishments in this industry may knit only; knit and finish; or knit, finish, and further fabricate fabric products (except apparel).

Cross-References.

Business Examples

Common types of business activities within NAICS 313240 - Knit Fabric Mills are:

  • Curtains made in warp or weft knitting mills
  • Bedspreads and bed sets made in warp or weft knitting mills
  • Fabrics, knit, made in warp or weft knit fabric mills
  • Bags and bagging fabrics made in warp or weft knitting mills
  • Tablecloths made in warp or weft knitting mills
  • Textile products (except apparel) made in warp or weft knitting mills
  • Hand knitting lace or warp fabric products
  • Lace products (except apparel) made in lace mills
  • Pile fabrics made in warp or weft knitting mills
  • Circular (i.e., weft) fabrics knitting
  • Knitting warp or weft fabric
  • Curtains made in lace mills
  • Bedspreads and bed sets made in lace mills
  • Knitting lace
  • Fabrics, lace, made in lace mills
  • Netting made in warp or weft knitting mills
  • Textile products (except apparel) made in lace mills
  • Lace manufacturing
  • Tablecloths made in lace mills
  • Warp or weft fabrics knitting
  • Flat (i.e., warp) fabrics knitting
  • Towels and washcloths made in warp or weft knitting mills
  • Knitting and finishing lace
  • Netting made on a lace or net machine
  • Dishcloths made in warp or weft knitting mills
  • Knitting and finishing warp or weft fabric

IBISWorld Industry Research Report

Textile Mills in the US (31310)

Revenue 2025

$38.5bn

Growth 2025

-0.42%

Key Trends

  • Textile mills will continue experiencing substantial competition

  • COVID-19 shuttered production capabilities

  • Growing new car sales is set to sustain revenue generation

Products and Services

Similar Industries

For some business types, there may be a similar industry to 313240 - Knit Fabric Mills that is a better classification match. Establishments primarily engaged in:

  • NAICS Cross Reference

    Establishments primarily engaged in knitting apparel are classified in Industry Group 3151, Apparel Knitting Mills.

    IBISWorld industry research report

    Textile Mills in the US

NAICS Hierarchy 313240 - Knit Fabric Mills

NAICS Code 313240 - Knit Fabric Mills sits in the 2-digit Knit Fabric Mills sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes

2 Digits: 31-33

Sector Title: Manufacturing

3 Digits 4 Digits 5 Digits 6 Digits

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