Analysis Of The Development Trend Of China's Garment Industry

The clothing industry is one of the traditional pillar industries in China. It plays an important role in the national economy. In recent years, China's textile and garment industry has developed greatly, and has also promoted the development of the national economy to a large extent.

1 the development of garment industry

The clothing industry is one of the traditional pillar industries in China. It plays an important role in the national economy. In recent years, China's textile and garment industry has developed greatly, and has also promoted the development of the national economy to a large extent.

However, in recent years, clothing consumption has shifted from the consumption demand of a single shelter to the cold and comfortable to the consumption trend of fashion, culture, brand and image. The industry is facing the pressure of pformation.

Under the pressure of pformation, the scale of China's garment industry has been declining steadily.

However, China's huge domestic market demand has become the main driving force for the steady growth of the domestic garment industry. With the continuous increase of per capita disposable income and the continuous improvement of social openness, consumption of clothing is still growing, no matter urban or rural residents.

This growth is reflected in the retail sales. Data show that in 2011, China's clothing retail sales amounted to 571 billion 300 million yuan, and by 2017, the retail sales of clothing had increased to 10356 billion yuan.

In the first half of 2018, the retail sales of clothing products above the quota reached 479 billion 200 million yuan, an increase of 10.1% over the same period last year, and the growth rate reached a bottom rebound.

The industry is in the early stage of recovery and will continue to be in the recovery cycle in the future.

The overall sales performance and business quality show a steady trend of improvement. There will be differences between the individual companies in the later stage. The competition pattern will gradually clear, and the agglomeration effect will be obvious. The quality leading companies are expected to get out of this benign growth cycle and gradually establish the core competitiveness.

2 development trend of garment industry

(1) the domestic garment industry is not mature compared with the developed countries, and the consumption per capita of clothing in China is lower than that in foreign countries.

Data show that China's per capita total clothing consumption is 1/4.3 in the US and 1/2.5 in Japan, respectively, and the consumption amount per garment category is lower than that in developed countries.

(2) the overall scale of clothing e-commerce will steadily expand, occupy the absolute share of China's online shopping market, and apparel mobile e-commerce will develop rapidly.

(3) women's wear,

Children's shoes, children's shoes and other subdivision areas are rising.

2017, China

The scale is 923 billion 200 million yuan, the annual growth is 5.7%. The menswear consumption market is in a growth period. In 2017, the size of China's men's wear market was 534 billion 600 million yuan, an annual increase of 4.4%. In 2017, the size of the Chinese children's wear market was 179 billion 600 million yuan, an annual growth rate of 14.3%.

The growth rate of these segments is higher than that of the whole industry, and the future is expected to continue.

(4) on the production side, the future garment production will move towards the digital age, the new technology of intelligent software, automated machinery and clothing equipment, robot operation, automation technology application and the whole set of streamlined, modern and digital solution services. The birth mode of the digital age will subvert traditional development and promote the great development of the garment industry.

As a representative of traditional manufacturing industry, clothing has been developing along the track of traditional production mode. Intensive labor, high intensity operation and low production efficiency have been restricting the development of garment industry.

With the continuous progress of garment technology, more and more intelligent software and automatic clothing equipment will solve the development problems of the garment industry, and continuously help the production efficiency of enterprises to be efficient.