China And India Will Surpass Europe And America To Become The Largest Apparel Market In The World.

< p > from 2007 to 2012, China's market grew by 15%, while India's market grew slightly at 12%.

However, the market performance of China and India is superior to that of other major consumption areas (the United States, the European Union and Japan), and the economic conditions of the United States, the European Union and Japan have led to lower demand growth.

According to the report, Asia has become the world's largest "a target=" _blank "href=" //www.sjfzxm.com/ "textile" /a "and" a target= "_blank" href= "//www.sjfzxm.com/" clothing "less than" _blank "product manufacturing and supply center. The region is entering a new stage, and its consumption of textiles and clothing products will be huge.

The important consumption areas of clothing consumption in these two countries are increasing rapidly, and domestic brand development provides support for market development. The online retail development of these two countries is fast.

In addition, the consumption level of China and India will further improve, and the preferences of Chinese consumers are changing. They prefer fashion.

In India, organized retailing is improving and branded goods are developing.

< /p >

< p > for the whole Asian apparel market, some experts believe that some countries' economies rely heavily on the garment industry. The prices of clothing exported to Europe and the United States are still low, and Europe and the United States have more pricing power in the global supply chain.

Even within Asia, the development of textile and garment industry is showing increasingly fierce competition.

In the next 3-4 years, the Asian market will be further broken down: China, Thailand and Vietnam mainly produce high-end multi-functional clothing, and Bangladesh, Laos, Burma and Kampuchea mainly produce low-end clothing.

< /p >

< p > it is noteworthy that many textile and garment industries in Southeast Asia and some South Asian countries have many difficult to overcome shortcomings.

First of all, lower labour productivity makes investors feel headache.

Secondly, some enterprises, especially infant products manufacturing enterprises, are faced with the pressure of product quality.

In addition, raw materials and < a href= "http://admin.sjfzxm.com/admin/admin.htm" > excipients < /a > are heavily dependent on imports, making the net added value of the garment industry in Southeast Asia difficult to raise.

< /p >

< p > it is learnt that at present, the self-sufficiency rate of fabrics needed by Vietnam's garment export processing industry is only 11.8%, and most of them are ordinary fabrics, and most of the middle and high grade fabrics still rely on imports.

According to the report of the Ministry of Commerce of Kampuchea, last year, the total imports of raw materials for clothing and textiles in Kampuchea amounted to US $3 billion 120 million, mainly from the mainland, China, Taiwan, Thailand, Japan and Korea.

Compared with China, some analysts believe that the labor force of Southeast Asian and South Asian countries has more price advantages.

Therefore, some low-end garment manufacturing industries in China are turning to Southeast Asia and South Asia.

However, China still has absolute advantages in terms of technology, machinery manufacturing and labor technology.

< /p >