China'S Clothing Market Will Exceed 2 Trillion Yuan In 2019
China business intelligence network news: the total sales volume of China's clothing market in 2018 reached 2.077 trillion yuan, with a year-on-year growth rate of 7.8%, the highest year-on-year growth rate since 2014. Under the influence of consumption upgrading and local consumers' stable demand after improving living standards and income, China's clothing market reached its highest value in 2017, and it will continue to rise in 2018. However, it brings great challenges to the development of clothing market. It is estimated that the year-on-year growth rate of China's clothing market will drop to 3.5% in 2019, and the market sales volume will reach 2.15 trillion yuan.
Data source: Euromonitor International, compiled by China Business Industry Research Institute
From the perspective of Chinese clothing market brands in 2018, Adidas occupied the first position in the national clothing market share, and the market share reached 1.9% in 2018. Nike and highland house ranked second and third. The top 10 brands include UNIQLO, Anta, Li Ning, SKECHERS, Balabala, Jack & Jones and Tebu.
Data source: Euromonitor International, compiled by China Business Industry Research Institute
In terms of the market value of China's clothing enterprises in 2018, Anta ranked first in the market value of China's clothing, with an average market value of over 90 billion yuan in 2018, far ahead. The market value of Senhai is RMB 27.27 billion and RMB 27.8 billion respectively. The top ten brands include Li Ning, dazzle fashion, Hongdou, taipingniao, bosden, Tebu and LiLang.
Data source: imedia, China Business Industry Research Institute
For more information, please refer to the Research Report on the market prospect and investment opportunities of China's garment industry in 2019-2024 issued by the China Business Industry Research Institute. At the same time, China Business Industry Research Institute also provides industrial big data, industrial planning and planning, industrial park planning, industrial investment promotion and other solutions.
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