Analysis On Market Size And Cluster Layout Of China'S Garment Industry Cluster In 2020

Industrial cluster is a group composed of enterprises with competitive and cooperative relations in a specific region, geographically concentrated and interrelated enterprises, specialized suppliers, service providers, financial institutions, manufacturers of related industries and other related institutions. The depth and complexity of different industrial clusters are different. It represents a new form of spatial economic organization between market and hierarchy.

The clothing industry cluster is the garment industry chain which integrates from raw materials to finished products in a certain area. It is the fabric made of silk or cotton thread, and then made of cloth, and then the group composed of design, packaging and marketing is called the clothing industry cluster. From the point of view of types, clothing industry clusters can be divided into professional market driven garment industry clusters, export oriented garment industrial clusters and large enterprise dominated garment industrial clusters.

The role of garment industry cluster

Garment industry cluster is an important organizational way for the development of garment production and production in China. It has gradually become the main body of the garment manufacturing industry in China. To promote the industrial upgrading and development of China's garment industry cluster is of great strategic significance not only to our garment related enterprises, but also to the sustainable development of the regional economy in their regions.

Source: China Business Industry Research Institute, 2020, China apparel industry cluster market prospect and Investment Research Report.

Size and layout of garment industry cluster

According to the Ministry of industry and information data, there are 216 textile and garment industrial clusters in the country. The number of Enterprises above Designated Size, main business income and profits account for 41%, 43% and 45% of the textile enterprises above Designated Size respectively. Among them, Jiangsu Wujiang, Jiangyin, Changshu, Zhejiang Xiaoshan, Keqiao, Tongxiang, Fujian Jinjiang, Jinjiang, Jinjiang, and other key textile and garment industry cluster annual revenue of over 100 billion.

From the perspective of apparel industry cluster layout, in recent years, China's garment industry has been increasingly clustered. Taking the Yangtze River Delta, the Pearl River Delta region and the three major economic circles in the Bohai rim as the radiation center, Guangdong, Zhejiang, Jiangsu, Shandong, Fujian and other places in the main garment producing areas have formed many industrial clusters mainly producing some clothing products around the professional market, export advantages and leading enterprises.

2020 is a landmark year. It is the year of building a well-off society in an all-round way and ending the 13th Five-Year plan. It is also the year of achieving the first Centennial goal and the 14th Five-Year plan. The new crown pneumonia epidemic will bring more uncertainty and complexity to the development of garment industry. According to preliminary estimates, the expansion of China's garment industry cluster in 2020 is slowing down. If we pass the difficult period in 2020, we firmly believe that the garment industry will usher in a new development period.