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

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Bani Batra

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

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