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Research and Markets: Changing Trends and Rising Consumption Will Give Rise to a New Era of Apparel and Textile Industry in China, Says New Report
Tuesday January 13, 06:00 AM
Research and Markets (http://www.researchandmarkets.com/research/012eb5/china_apparel_indu)
has announced the addition of the "China
Apparel Industry - New Opportunities for Growth" report to their
offering.
Rapid economic transformation and government efforts have made China a
dominant player in the global textile and apparel trade. Chinese textile
and apparel products now constitute an important segment of apparel and
textile markets of various developed and developing economies. The
country has gained a competitive edge on account of its favorable
economic environment, government support, tariffs and tax incentives,
SEZ culture, and low labor and raw material cost.
The changing retail industry landscape, coupled with rising purchasing
power and increasing influence of Western culture, is also giving a new
meaning to the domestic apparel market of China. The emergence of middle
class, growing young population and rapid globalization of culture is
fuelling the demand for branded apparel in the country. This is
attracting the foreign and domestic players to tap the rising demand of
branded (as well as mass) segment products.
The emergence of China as one of the largest consumer markets will spur
the apparel consumption in coming years. Consumers will prefer more
fashionable and branded products. Despite the rise in purchasing power
and preference for branded products, mass segment products will continue
dominate the apparel purchase. Changing trends and rising consumption
will give rise to a new era of apparel and textile industry in China,
says "China
Apparel Industry - New Opportunities for Growth". As per the report,
the global financial crises of 2008 and changing market conditions at
globe level will not affect China's dominance in apparel and textile
industry.
The research report critically evaluates the current and past
performance of the industry and gives a detailed overview on it. It
studies the latest industry trends and summarizes the important factors
related to growth of the industry.
The report thoroughly evaluates the opportunities and factors critical
to the success of the apparel and textile industry in China. It
underlines the issues related to the success of the industry and
provides a prudent analysis on its various aspects. It presents a
comprehensive overview of the past and current performance of the
industry, including textile and apparel industry.
Key Topics Covered:
Analyst View
Industry Trends
Industry Snapshot
Apparel and Textile Clusters
Emerging Trends
Roadblocks & RNCOS Recommendations
Key Players
List of Tables
List of Figures
Companies Mentioned:
Youngor Group
ROMON Group Co., Ltd.
Giordano International Limited
BAOXINIAO Group
Weiqiao Textile Company Limited
Donna Karan International
Giorgio Armani
Calvin Klein, Inc.
LVMH
For more information visit http://www.researchandmarkets.com/research/012eb5/china_apparel_indu
Contact:Research and MarketsLaura WoodSenior Managerpress@researchandmarkets.comFax
from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716
Next Article: Research and Markets: World Textile and Apparel Trade and Production Trends: China, South-East Asia and South Asia, 2008 Edition
Previous article: China Runji Cement Inc.'s Second Production Line Exceeds Expectations
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