5 Trends In Textile Industry

01

A little less, a little more.

Phenomenon: many cloth owners have said that although the market is not very good, the number of orders in the market is not much less than in previous years, but tens of thousands of meters or even hundreds of thousands of meters have become extremely rare, and hundreds of thousands of small ones have become more numerous.

Reasons: in addition to the huge inventory pressure faced by weaving enterprises, the pressure of inventory is also very large for garment enterprises. Moreover, with the rise of online shops, people have higher requirements for styles, cost performance and so on.

Forecast: in the future, the number of large orders will only be smaller than before, and the "small and multiple" list will become a new normal.

Opportunities: who can first adapt to this new normal, who will take the lead in the future textile market.

02

Southeast Asian orders increase

Phenomenon: ASEAN has surpassed the United States as the second largest export place in China. In the Shengze market, the market orders in Bangladesh, Vietnam and other Southeast Asian countries account for about 22.5%, and this proportion is increasing.

Reason: with the rise of China's "one belt and one way" strategy and the gradual shift of textile industry, Vietnam and other ASEAN countries have become an important transit point for China's textile products export.

Forecast: textile products for Southeast Asian countries in the coming years.

Exports will continue to grow at a faster pace.

Opportunities: the export of fabrics in Southeast Asian countries is mainly based on small profits but quick turnover, and the demand is bigger and bigger.

03

The phenomenon of selling more goods has become a "routine operation".

Phenomenon: a lot of conventional products have been sold on the market. Many weaving enterprises have sold grey cloth at below cost, but there are still many situations where cloth can not be sold.

The reason is that the growth speed of the peripheral looms is too fast. The oversupply of conventional products in the market, coupled with the sluggish market, finally leads to excessive inventory of weaving enterprises. Too much inventory has brought huge financial pressure and can only be thrown into stock to maintain operation.

Forecast: the situation of oversupply will not be reversed, and the phenomenon of selling will continue.

Opportunity: the prices of raw materials and grey fabrics are at a low level now, and there is always a time to rise.

04

Drought, drought, waterlogging, death, and two levels of differentiation.

Phenomenon: Although many companies say that the days are very tough, some textile companies say that they are doing well, and that the downturn has not had a big impact on them.

Reason: some of the enterprises that have little influence are traders. There is no pressure on Grey stock. Now there is no shortage of orders in the market, but the situation of price reduction is quite obvious. Other enterprises have their own characteristics, which are different from the conventional products in the market, so they are less affected by the imbalance between supply and demand of conventional products.

Prediction: as the situation of supply of conventional products exceeds demand in the market, the polarization will become more and more serious.

Opportunity: it shows that the market is not completely without orders, and demand still exists.

05

To stop production or not to stop production is a problem.

Phenomenon: in June 11th, a weaving enterprise issued a notice of stop production, which was widely forwarded in the circle of friends. At present, many cloth owners are also trying to solve the problem of shutting down production or not stopping production.

The reason is: no production, cloth can not be sold, even selling is guaranteed or even sold at a loss, selling at a loss may not necessarily be able to ship, inventory accumulated every day, the pressure of capital turnover is also increasing; on the one hand, the workers are all gone, and once they stop to start work is difficult, on the other hand, will not give people the impression of bad management, and affect confidence, let alone stop production rent, water and electricity or pay.

Forecast: now many weaving boss's financial pressure is very large. First of all, if the goods are sold and the goods can't be thrown away, more and more weaving enterprises will stop production in the future.

Opportunities: the drop in the start-up rate may stabilize prices and bring a certain turning point for the market.

The worse the market, the more important it is to have opportunities and seize opportunities.

We hope our bosses will seize the opportunity and seize the opportunity to tide over the difficult days.