Garment Industry Recovery Trend Clear, Market Competition Will Gradually Clear.

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 continuously. In 2017, the output of ancient costume in China dropped by 8.49% over the same period last year. According to the statistics of National Bureau of statistics, in the first half of 2018, the garment industry above designated size enterprises had completed 10 billion 995 million garment production, down 7.23% from the same period last year.

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 retail sales. Data show that in 2011, China's clothing retail sales amounted to 571 billion 300 million yuan, and by 2017,

Retail sales have increased to 10356 billion yuan.

Over the first half of 2018, units above Designated Size

Retail sales of such commodities totaled 479 billion 200 million yuan, an increase of 10.1% over the same period last year, and the growth rate reached a bottom rebound.

At present, 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 of the industry will be steadily improving.

In the new retail trend of convergence, the competition pattern of the industry 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 their core competitiveness.

Development trend of garment industry

First of all, the domestic apparel industry is not mature compared with the developed countries, and China's clothing consumption per capita and industry concentration are lower than those of foreign countries, and there is room for overall industry cake growth and concentration.

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.

Second, 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.

In the first half of 2018, the online retail sales of physical commodities increased by 24.1% over the same period last year, higher than that of the entire garment industry during the same period.

Third, women's wear, men's wear, children's wear children's shoes, high-end leisure and other sub fields rise.

In 2017, the size of the Chinese women's clothing market was 923 billion 200 million yuan, an annual growth of 5.7%. The menswear consumption market is in a growing period. In 2017, the size of the Chinese men's wear market was 534 billion 600 million yuan, an annual growth 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.

Fourth, in the future, garment production will move towards the digital age. Intelligent software, automated machinery and clothing equipment, new technologies and new materials will be applied, such as 3D technology, robot operation, automation technology application and the whole set of streamlined, modern and digital solution services. The production mode of the digital age will subvert tradition and promote the great development of the garment industry.

Fifth, in the clothing industry, ERP, software, electronic seal, Internet of things and RFID RFID technology, global positioning system, laser scanner and other information sensing equipment will be widely applied. Electronic information technology is widely applied to all aspects of industrial production. Information technology has become the routine means of industrial enterprise management and management, so as to realize intelligent identification, location, tracking, monitoring and management, and promote industrialization and industrialization with information technology. "Two fusion" will be a powerful means to reduce cost and enhance efficiency in the traditional apparel industry supply chain. "CRM" is a new technology for information technology.

Finally, 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 clothing technology, more and more applications of intelligent software and automatic clothing equipment will be solved.

The development difficulties constantly help enterprises to improve their production efficiency.

The innovation of new software, new technology and new clothing equipment has provided strong technical support for the great development of the garment industry.