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Sewing Machinery 2008: Foreign Markets Are More Attractive.

2007/12/26 0:00:00 165

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North African market deserves attention

Wang Chengkang, vice chairman of China Sewing Machinery Association, said: "6 billion people all over the world need to wear clothes, so sewing equipment has broad market space.

Sewing equipment is faced with a large global market. The total volume of the market will not be affected by partial trade turbulence. Although the domestic market growth is not large, other markets will perform better. "

Textile enterprises are bound to seek other channels when they are limited in export and "not enough to eat".

Some enterprises have clearly indicated that they will expand the "pfer market" abroad and bypass the restrictions of Europe and the United States.

Based on this analysis, the market of sewing equipment abroad will increase more than the domestic market.

Cao Xinyu, vice president of the China Import and Export Chamber of Commerce, said: "investing in the third world countries with relatively low labor prices and investing in the sea" is the best choice for enterprises at present.

The large number of orders that cannot be entered into China by the European and American countries will surely flow to the third world countries, so these countries will have a unique market growth potential and will also be a fertile market for sewing equipment.

Because the consumption ability of the third world countries is low, and our sewing equipment has strong cost performance advantages, it is the market to develop these countries. The advantage of our sewing equipment is very obvious.

According to industry analysts, the most direct pit point for Chinese textiles to enter the EU market is undoubtedly North Africa, so the North African market deserves attention.

North Africa's local textile facilities are perfect, with convenient access to Europe and zero tariff preferences.

In fact, while Europe and the US have imposed restrictions on Chinese textiles, they have increased imports to Vietnam and North Africa.

Improving the production capacity and technical level of the North African market is a requirement of the market, so the sewing equipment market in North Africa will have great room for development.

South Asian market has potential

South Asia has low market self sufficiency ratio, large market space and low labor force. Its overall level of industrial development is not high and has strong complementarity with China.

Moreover, there are many preferential policies in South Asian countries.

Therefore, South Asia is also one of the target markets for low cost expansion of Chinese enterprises.

India is the second largest textile country after China. Textile exports to more than 120 countries, the implementation of decades of textile and clothing quota system is no doubt a blessing for India textile industry suffering from quota.

India government and trade associations have taken measures to strengthen the integration of textile industry, improve the technical content of the textile industry, and seek cooperation with overseas enterprises to enhance the competitiveness of enterprises.

Due to the development of the garment industry, some local enterprises urgently need to upgrade the equipment, and the potential of the sewing machine market is huge.

Although there is no shortage of clothing companies such as Germany and Japan in the South Asian market, more pre factory and post factory small garment processing enterprises need cheaper Chinese sewing equipment because they are more in line with the level of South Asian economic development and the actual needs of enterprises.

There are many industrial sewing machines imported from China, such as standards, flying talents, leaps and bounds, Jack, gemstones and so on, all of which have been sold in India.

Chinese sewing machinery already has a certain market base in India. Expanding the India market is of great strategic importance to Chinese sewing machine enterprises.

Apart from India, some small Asian countries can not be overlooked.

Taking Bangladesh as an example, the EU decided that from 2001 to 2009, all goods except Bangladesh except arms could enter the EU market without restriction, and no quota was required for textiles entering the United States.

This has made Bangladesh garment industry an export oriented industry.

In order to avoid quota restrictions and even pfer production bases from other countries to Bangladesh, some manufacturers have injected a strong booster to the Bangladesh garment industry.

Now, GALAGA has become the sixth largest exporter of shirts and T-shirts to the European Union and the United States.

Therefore, the Bangladesh market is also the market for Chinese sewing machine enterprises to strive for.

In addition, our sewing machinery manufacturers must clearly realize that only by improving the technological content of products can we increase profits and further enhance market competitiveness.

Now many of our enterprises have made cooperation with world-class enterprises through various efforts. We believe that we will continue to work hard to digest the achievements we have achieved, acquire world-class technology advantages and enhance the core competitiveness of Chinese brands as a whole.