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China Knitting Industry Production & Marketing Demand and Investment Forecast Report

China Knitting Industry Production & Marketing Demand and Investment Forecast Report

Last Update:2014-04-25

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China’s macro economy showed a continuous optimistic trend in 2010. With the gradually stable employment status in China, confidence in market and people’s living standard are improving while the clothing consumer products maintain a stable growth of market demand. In the meantime, China plans to continuously enlarge the domestic demand and further improves people’s livelihood while investment on “agriculture-countryside-farmer”, affordable housing construction, and auto consumption will be constantly enhanced. It provides a broader market space for textile and industrial textile.

The knitting industry is an important part of textile industry. The proportion of China’s knitting clothing to total clothing in 2008 has exceeded 50% which is close to the 65% in developed countries. The total amount of knitting clothing in 2010 was 16.417 billion, with a year-on-year growth of 18.38% which increased 9.99% comparing with that of 8.39% in 2009. The industry sales revenue keeps a constant growth from 2005 to 2010 that it increases from 200.892 billion Yuan in 2005 to 409.737 billion Yuan in 2010. The year-on-year growth rate is between 8-52% that it maxes in 51.14% and mines in 8.63%. The year-on-year growth in 2010 was 23.34%.

With the improvement of rural and urban residents’ income, consumers have a higher requirement for clothing taste. Under the circumstance of domestic demand expanding and consumption encouraging, the fastening urbanization and technology promotion will bring opportunities to the development of knitting industry. Therefore, the domestic sale plays a more and more important role in promoting the increase of knitting industry. In spite of this, the further expansion of ASEAN market and cultivation of new international market would promote the development of the knitting industry in 2011.

As the knitting industry has a greater dependence on labors, China’s low wage cost with an obvious advantage. Together with China’s large market share and mature supporting technology, the global knitting industry will most likely to concentrate in China. With the constant introduction of oversea advanced technology, the knitting industry is fastening the industry upgrading and forming regional knitting bases. In general, the knitting industry with a booming development trend.

As the competition of knitting industry is fiercer that the outstanding domestic knitting corporations pay more and more attention to the industry market research, especially the in-depth research of product consumers. Because of this, a large number of excellent domestic knitting brands rise up rapidly, then gradually become leading corporations in knitting industry!

Major characteristics of this report are forward-looking and timeliness. Base on the forward-looking analysis of massive research data, we further analyze the development scale and competitive landscape of knitting industry. Along with the industry development route and our practical experience, we analyze and predict the future development prospect of knitting industry. This report is of a high value for enterprises like knitting producing corporations, R&D institutions, sales corporations and investment corporations to accurately know the latest industry development trend, and obtain market opportunities and determine an insightful operation strategy and development direction. In the meantime, it is the first heavy weight report to analyze the up/down-stream industry chain and industry leading corporations of knitting industry in an overall and systemic way.

Here, we’d like to express our sincere gratitude to National Statistics Bureau of China, International Information Institute, General Administration of Customs, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

Qianzhan Business Information Co., Ltd. Industry Research Center
Research Team of Knitting Industry

China Knitting Industry Report" related reports »

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