Home / Knowledge / News / Textiles / Home textiles – Chief contributor to price hike
Home textiles – Chief contributor to price hike
11
Jul '08
Official statistics show that in the past seven years, per capita expenditure of Chinese residents on bedding went up from 20.43 yuan per person in 2000 to 44.66 yuan per person in 2006, representing a surge of 8.6 percent.

Experts believe that, people are rapidly gaining awareness about the high standard of living and aspiring for a healthy and comfortable lifestyle. This has expanded the overall domestic market, especially for textiles.

Average retail price index of domestic textiles from January to April was 104.3, recording year-on-year boost of 0.43 percent, where home-textiles has made a major contribution.

However, a number of textile enterprises have said that export to the US has weakened significantly, due to the influence of many unfavorable factors, such as RMB appreciation, continued rise in labour and raw material costs, as well as reduced market demand led by subprime credit crisis in the US.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Johan Berlin
InvestKonsult Sweden AB

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

Ashok Desai
Bombay Textile Research Association

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
January 2017

January 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