Iron Mikes is classified as operating in the Textile Product Mills industry, NAICS Code 314.
Market Share of Iron Mikes's Largest Competitors
A competitive analysis shows these companies are in the same general field as Iron Mikes, even though they may not compete head-to-head.
These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines.
The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies.
Competitive advantage comes from offering better pricing or superior products/service.
These companies are similar in business line and location to Iron Mikes.
While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.
Future Competition: Iron Mikes's Fastest Growing Competitors
These companies are in the same general field as Iron Mikes and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.