Strong Potential In Clothing And Footwear Market
Clothing and footwear are D products that must be consumed by the general public, and the clothing and footwear brands that conform to the general consumption habits have a very wide market.
In the near future, the general wage increase of the middle and low income groups in China will lead to the improvement of the quality of life of the working class, and stimulate the consumption of brand clothing and footwear, and bring the chance of continuous growth for the public shoe and clothing brands. Local brands, as the main medium and low consumption varieties, are expected to be the main beneficiaries of the promotion of consumption. The brand with high popularity and cost-effective has strong potential for growth.
Looking for men's wear, sportswear and women's shoes, they are all sub sectors with large market capacity and rapid growth. The reasons are as follows:
Men's wear The total market volume is 2000-2500 billion yuan, the pattern of formal clothing is stable, and casual wear is growing rapidly. market Competition is weaker than sportswear, and the number of stores is 1-2 times higher. At present, the biggest sub category of men's clothing market in China is formal clothing, which accounts for more than 40% of men's clothing consumption. The market structure is relatively stable. Leading brands such as YOUNGOR have ranked first in the market share for more than 10 consecutive years, with a market share of more than 10%. At the same time, with the men's wear of Fujian Province as the representative, the leisure wear of men's formal clothes has increased rapidly. YOUNGOR and other formal brands have also launched sub brands or sub series to add more leisure elements to meet consumer demand. In general, the market share is more scattered, the competition is not as fierce as the sportswear industry, and the brands are still in the rapid growth stage of the horse racing circle. And teenagers' leisure brands also have larger market space. But cheap and low-quality brands are not in line with the current trend of mass consumption upgrading.
Women's shoes have larger market capacity and faster growth. The top three companies in the industry are BELLE, Daphne and Saturday. Sales growth in the past 3~5 is faster than the industry average.
Therefore, based on the above reasons, according to the development stages of different industries, it is recommended to invest in:
1. The leading enterprises in the mature sub industry have strong brand appeal and market leading power.
2, rapid development of high-quality enterprises in the industry is expected to achieve explosive growth from small to large.
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