Noida, India (PressExposure) November 12, 2009 -- Rapid economic development and government initiatives have made China a dominant player in the global apparel and textile industry. Apparel and textile production has posted positive growth over the past few years, reflecting Chinaâs strong potential to give tough competition to other emerging textile industries. According to our new research report âChina Apparel Industry - New Opportunities for Growthâ, the Chinese apparel industry is expected to earn revenue of US$ 150 Billion by 2011 on account of various supporting factors such as low labor cost and favorable economic conditions.
We have also found that good performance of manufacturing sector amidst global economic slowdown has provided a platform for the development of apparel and textile industry. Moreover, cloth and other textile products have been exported to several developed and developing countries, enabling China to generate a significant amount of foreign exchange.
Another interesting trend that has emerged in recent year is local peopleâs changing preference for branded clothes but the domestic clothes will continue to dominate the apparel industry in terms of consumption.
Our research report also contains information of similar new trends that have evolved in recent years along with reasons that have led to these transformations in the Chinese apparel industry. Besides, the report gives detailed industry overview and future outlook for the overall apparel and textile industry, including sub-segments of apparel (casual wear, menâs wear, womenâs wear, children wear, knitted undergarments, trousers and leather wear, woolen and thermal wear & sportswear) and textile (yarn, garments, chemical fibers, cloths, non-woven textiles & cotton).
âChina Apparel Industry - New Opportunities for Growthâ is a comprehensive research report that comprises quality research and in-depth analysis of the apparel and textile industry in China. It studies the current market trends in context of industrial developments to analyze their impact on the sector. The report will help clients to analyze the leading-edge opportunities, key players and all other factors, which are critical for the success of a new entrant in the Chinese apparel and textile industry.
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