Home / Knowledge / News / Textiles / Chinese exporters cynical of high growth in home textiles
Chinese exporters cynical of high growth in home textiles
05
Sep '12
Chinese home textile producers and exporters in unison rejected a recent report on the Chinese home textile sector, which states that it will grow at an annual rate of 20-25 percent in the next three years.

A few Chinese home textile exporter’s whom fibre2fashion spoke to, were of the unanimous opinion that they do not foresee export market improving in the rest of 2012 and even in 2013, taking the current export trends in to account.

Mr Dallon – Sales Head at Hangzhou–headquartered Hangzhou Jinhong Sanniao Down Products, a exporting company which produces mattresses, pillows, blankets, etc said, “Exports are down 15-20 percent in 2012. We have had a very bad time in this year and also expect the next year to be the same.

He added by saying, “Compared to 2010 and 2011, orders are drastically down from our main exporting regions – The US and European Union, so, we do not expect the home textile sector to post good growth rates in the next three years”.

Mr Dow from Weihai Yinjie Group Co Ltd, set up in 1964 and a producer and exporter of duvet covers, bedspreads and cushions, curtains and tablecloths rubbishes the report by saying, “our exports are down 17-20 percent in 2012 due to the European debt crisis, while there has been no growth to the US market”.

He also does not expect home textiles exports to improve in 2013. “Under the current circumstances, how can we expect home textile exports to grow by 20-25 percent till 2015”, he exclaims.

Spokesperson of Keqiao- based Zhejiang Zhonghua Home Textiles Group – Ms Julia informs, “2012 was a very bad year for us, as our exports of home textiles fell drastically. However we can only be optimistic about 2013 and hope that our home textiles shipments revive”.

Julia whose company exports voiles, embroider organza, burn out, ready made curtains and beddings to USA, Europe, India, Australia, Canada, Indonesia, Malaysia, Korea, Singapore, etc, is not sure about the sector growing at rates quoted in the report.  

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin
InvestKonsult Sweden AB

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search