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China: Textile Industry Aims at Domestic Market

China: Textile Industry Aims at Domestic Market

Write: Hippolyte [2011-05-20]

Textile industry grew stably at last year. Although China textile export will continue steady grow, the industry even more optimistic about the domestic consumer market.

First, China sporting goods market predicted keep 20% growth in the next five years. 2008 Beijing Olympic Games will be the greatest pageant and sporting goods include clothing may be higher than expected growth in demand. Secondly, women wear is the main consumption. In recent years, big department stores sales women apparel has been very stable high-growth. Third, China entered the fourth-born population period, and the baby consumer goods at its peak time. Fourth, sales of business attire speed fast. In 2006, China urbanization rate has been nearly to 50% that increase the demand for businesses. At last, the traditional clothing wholesale way is being disintegrated. Large distributor is constructed and non-own-brand retailers get the develop opportunities.