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China clothing market: CNY 860 billion industry in 2012

Press Release   •   Feb 19, 2013 11:25 GMT

The China clothing market is estimated to have reached a value of approximately CNY 857.2 billion during 2012. This growth is being driven by a number of key factors, including an increase in competition from foreign companies, and the expansion of key Chinese clothing players. These reasons are expected to help grow the China clothing market at a CAGR of 7% between the years 2012 and 2016.

China clothing market is going through a very exciting phase, offering immense opportunities for players involved in the business. The market, which on one hand, is struggling due to increasing labor costs and declining overseas demand is growing at an astoundingly high growth rate on the back of increasing domestic market. Besides, factors such as increasing foreign players' participation, rising investments and domestic players' expansion are adding fuel to the ever-growing apparel industry in the country.

In the report, the apparel market has been studied on three distinct levels: Apparel Segments level, Regional level, and Player level. For segment analysis, the market has been divided into eight separate apparel segments and their current and future outlook to 2016 has been analyzed. Through this, our analysts have conducted a thorough opportunity assessment in various apparel segments and highlighted the apparel segments that offer the maximum opportunity for growth. Further, for regional analysis, our team has analyzed existing apparel clusters in China and the major provinces in which they are concentrated.

Besides, our team also analyzed the existing production state of textile materials in the country coupled with the outlook till 2016. Also, to provide a thorough understanding of the major company's business model, company's product portfolio, distribution network and financials have been analyzed. Additionally, the study also covers recent activities of key companies which will help the reader to better understand the current market scenario.

For more information on the China clothing market please click here: China Clothing Market

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