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Himfr.com Reports With the data speak textile domestic market potential

Article Submitted by: qi lei

Wednesday, 17 March 2010

After a severe shock to the export in 2009, under the test in 2010, textile export situation remains very serious. For the present the greatest challenge facing the export business, mainly due to the global financial crisis has led to orders for Europe and the United States to reduce or order the transfer of RMB against the major export markets, uncertain movements in currency exchange rates, production costs (including raw materials, labor, energy, logistics and other costs) rose , as well as from the increase in foreign technology and trade barriers.
Market is the root of enterprises, whether domestic or overseas markets, where there is demand for opportunities where the means. And overseas markets stagnant correspond to that, in 2008, China's textile and clothing needs of the growth rate of 28%, significantly higher than the society as a whole retail industry, the growth rate of 16%. First half of 2009, China's textile industry depend on continued growth in the domestic market and industrial promotion policies of these two pillars of accumulated industrial output value of 1.71494 trillion yuan, up 6.44% to achieve the increase in sales of apparel products grew 18%, higher than the total retail sales of social consumer goods growth rate of 3 percentage points, indicating that China's textile consumption environment warms up.
Especially in the series of expanding domestic demand, and security policies to stimulate growth, the domestic market consumption Heat began the scene, many foreign trade enterprises are choosing to grow to the domestic market. Though many companies pre-said that as the channel construction, brand building and recognition more difficult, with the industry is highly competitive, and money to pay the credit risks and so the impact of the domestic market it difficult to break, but after a period of groping, adjustments, and support after the in 2009, the National Textile and Apparel sales growth of 20%, so that by 2010, domestic consumption has already become China's textile and apparel worth looking forward to a bright spot.
Here we use a set of figures to illustrate the potential of domestic market of Chinese textiles:
The industrial structure, the textile and garment industry for a long period of time will be important to the livelihood of our industry, the huge population of 1.3 billion domestic market consumption decisions must rely on our own textile industry to meet. Clothing, decorative, industrial fiber consumption in the three main areas, China's industrial textiles accounted for 15%, while Japan, Europe, North America and other developed countries and regions have more than 30%.
Aspects of fiber consumption in 2009, China's per capita fiber consumption of 14.6 kilograms, higher than the world average of 34%, but compared with developed countries there is still not a small gap between the per capita fiber consumption in North America more than 38 kilograms, China's neighbor, Thailand 19.8 kg.
Rural and urban apparel consumption, China's textile industry development in geographical balance, the gap between urban and rural development in the consumption of textile and apparel significant performance - in 2009, China's urban residents is 1042 yuan per capita clothing expenditure of rural residents per capita clothing expenditure was 193.4 yuan, the former 5.39 times that of the latter. The gap between urban and rural economic development, although shrinking, but the rural market of consumer textiles and apparel textiles domestic market will become a powerful driving force to expand.
Luxury goods consumption, in the financial crisis on Europe and the United States demand for luxury brands generally shrinking, the Chinese luxury goods market is still getting better. At present, China accounts for luxury goods into the global market, two five for the first time surpassed the United States as the world's second largest consumer of luxury goods.
The case of all, our textile enterprises must re-examine the value of the mainland market in the new year, through its own product structure adjustment and market development, textile industry will see the vitality in times of difficulty.

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About The Author:

I am a professional editor from China Products, and my work is to promote a free online trade platform. http://www.himfr.com/ contain a great deal of information about leather hand gloves,t shirt clothes,pu synthetic leather, welcome to visit!

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