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    Textile And Garment Industry Mergers And Acquisitions Activity Is Expected To Resume

    2016/10/1 11:43:00 36

    Textile And Garment IndustryMergers And AcquisitionsMarket Structure

    "Textile industry development plan (2016-2020 years)" released, the launch of the "planning", analysts believe that this is good for the textile industry, at the same time, the textile and garment industry has been the high incidence of mergers and acquisitions, with the A share market recovery, mergers and acquisitions activity is expected to resume.

    During the "13th Five-Year" period, the amount of invention patents in the textile industry increased by 15% annually, and the total labor productivity of Enterprises above designated size increased by an average of 8% per year.

    At the end of 13th Five-Year,

    clothing

    The ratio of fiber consumption to the three main categories of home textiles and industrial products is 40:27:33.

    In the first half of 2016, China's clothing and its upstream related 47 listed companies, including men's wear, casual wear, sportswear, women's wear, footwear, underwear, professional wear, fur, baby and child clothes, and textile and zippers, achieved a total sales of 121 billion 827 million yuan, a net profit of 11 billion 345 million yuan and a net profit margin of 9.13%.

    In the period of "13th Five-Year", above scale

    Textile enterprises

    The average annual growth rate of industrial added value remained at 6%-7%; textile and garment exports accounted for the global market share and remained basically stable.

    The growth mode of textile industry is changing from scale speed type to quality benefit type.

    At the end of 13th Five-Year, the expenditure on research and test development of large and medium-sized enterprises reached 1% of the main business income.

    Although the overall situation of the textile and garment industry is not good, from the upstream and downstream of the industrial chain, the demand for textile fibers continues to grow.

    China now accounts for half of the world's spinning fiber. Under the new normal economic situation in China, consumption has become a mainstream of economic growth. China is a large population. At present, the per capita fiber consumption is only 2898 dollars, while the world average is 6176 dollars.

    In addition, despite the decline in export data of textile and garment industry,

    Textile fiber

    The demand will continue to grow at a high speed.

    According to UN data, by 2050, per capita fiber will increase from 12.7 kg to 27 kg.

    As a special plan for guiding the development of the textile industry in the "13th Five-Year" period, "planning" will promote the pformation and upgrading of the textile industry and create new competitive advantages.

    Analysts pointed out that the domestic economic downturn continued to affect terminal consumption, and foreign demand recovery is still the main risk.

    At present, the whole industry is still facing multiple plight, low end capacity is still surplus, domestic consumption is weak and export growth rate is falling. In addition, the environmental protection requirements of the G20 summit are enhanced, and the cost of environmental pollution control has increased accordingly.

    Under the environmental storm, production capacity is shut down. Local enterprises are waiting for the price of dyes and coal to raise pressure on downstream enterprises.


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