apparel
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Each year, more than 43 million hats are sold throughout the US. According to MultiBriefs, the annual market value of hats was calculated at more than $2 billion last year. Hat manufacturing is quite a profitable business. However, you should also have the right knowledge about hats to profit from them.
The latest trend in hats is customization and printing. So no matter what type of hat you manufacture, you should always keep the option of customization. The most common materials used in hat manufacturing include:
Besides, you can choose to produce any or all (depending on your investment) types of hats given below:
You should keep the following factoring in mind before choosing a hat manufacturer:
Is cotton or polyester better for hats?
The most popular type of material for hats is polyester. The majority of hat lovers prefer the durability of polyester.
How much does it cost to create a hat?
Average hats made with wool can cost $12.69 for 288 or more and $15.92 for 48 or more hats. However, a screen-printed can cost around $4.18 for 48 or more.
Is a hat business profitable?
The hat is a billion-dollar industry, and a hat manufacturing business is indeed profitable with a lot of potential to grow.
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