Home / Knowledge / News / Textiles / China's fur industry will continue to develop rapidly
China's fur industry will continue to develop rapidly
01
Feb '13
At the recently held 2013 Copenhagen Fur Forum in Beijing, industry representatives from China and Denmark exchanged views on development prospects of the fur industry.
 
Both the sides agreed to work together for strengthening all-round cooperation, enhancing brands and personnel training in the future.
 
Speaking at the forum, Kenneth Lohberg, Director Business Development and Marketing at the world-renowned fur auction house Kopenhagen Fur, expressed high hope for the development of China’s fur industry.
 
He said China’s fur industry experienced rapid development in the past 10 years and added that both opportunities and challenges will exist at the same time in the future.
 
He predicted that the entire fur industry will continue the upward trend in 2013, due to the impact of purchasing power of Chinese consumers.
 
In future, the fur industry, especially mink garment sector, will further expand its market size, owing to strong demand of downstream consumer market.
 
Based on conservative estimate, China’s fur industry is expected to maintain an annual growth rate of 14 percent, Mr. Lohberg said. 
 
The Chinese fur industry is likely to reach 16.8 billion yuan in 2013 and will grow to more than 25.6 billion yuan in 2016, which shows the potential for future development of Chinese fur market, he said.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Nitin Bhatia
Trend Arrest

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

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

Silvia Venturini Fendi
Fendi s.r.l

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

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X