Home / Knowledge / News / Apparel/Garments / Chinese apparel industry likely to grow at 23% CAGR
Chinese apparel industry likely to grow at 23% CAGR
19
Oct '12
The Chinese apparel sector is expected to post a 23 percent compound annual growth rate (CAGR) during 2012-15, according to a report released by RNCOS, a leading industry research and consultancy firm.
 
In its report titled “China Apparel Industry Analysis”, RNCOS states that factors like franchising operations, concept of multi-brands and online apparel retailing have led to an increase in demand for branded Chinese apparels in China. 
 
The report says womenswear segment, which has been posting a double-digit annual growth, continues to lead the Chinese apparel market, and the trend is likely to persist in future too.
 
It adds that the sportswear market is also expected to grow at a speedy pace in near future and projects the country’s overall apparel industry to grow at an average rate of 23 percent during 2012-15.
 
On emerging trends, the report states that apparel retailers are making their way into smaller towns and are spending greatly on marketing activities.
 
Meanwhile, owing to the rising awareness of customers about protecting the environment, increasing number of apparel makers in China are adapting environment-friendly production techniques, so as to cater to rising domestic as well as global demand for eco-friendly items.  
 
Most of the companies that go “green” usually change to use of sustainable natural materials. While cotton, wool and silks have been well recognized as eco-friendly fabric options, others like rayon, charcoal, tencel, bamboo and soyabean protein fibres are also becoming increasingly popular, the report adds.
 

Fibre2fashion News Desk - China


Must ReadView All

AEPC concern over apparel exports fall; envoys meet CEA

Apparel/Garments | On 17th Nov 2017

AEPC concern over apparel exports fall; envoys meet CEA

India’s Apparel Export Promotion Council (AEPC) has expressed concern ...

Moody's improves India's rating

Textiles | On 17th Nov 2017

Moody's improves India's rating

Moody's Investors Service has upgraded the Indian Government’s local...

Sweden in talks with Birlas for smart textiles project

Textiles | On 17th Nov 2017

Sweden in talks with Birlas for smart textiles project

Sweden is seeking a collaborative project with the Aditya Birla Group ...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

November 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search