Submitted by: Submitted by Magicd
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Date Submitted: 05/26/2011 06:23 AM
Local market
April 6, 2007
State Development and Reform Commission (SDRC) said recently that China's current price indices for clothing have picked up; garments market has entered a new cycle of branding.
Clothing market is upgrading comprehensively. From 1998 the clothing consumer and retail price index for clothing, shoes, and hats all fell below 100 and remained so for 8 years. The two indices on monthly statistics recovered and climbed above 100 in October 2006.
Retail of middle and high-grade consumer garments record a dramatic rise in clothing sales price, in the past two years.
Further statistics on major business
All the signs indicate that the new round of a restructuring is needed for clothing market. Chinese garment market is surely expected to give good performance in 2007. Opportunities and challenges coexist for large manufacturers [Fibre2fashion News].
Eight Major Trends in China's Clothing Market
According to China's clothing industry, the following eight trends will dominate the domestic garment market for some time to come.
Traditional western suits will see steady growth as people go after new suits that are attractive, comfortable and can reflect their personal taste. Products of fine fabrics, modern designs and superb workmanship will capture a significant share of the market.
Company uniforms are becoming more popular. Since 1998, many companies have made uniforms part of their corporate image. Demand is on the increase, especially for designs that are unique and innovative.
The market for mature consumers continues to expand. With 300 million people over the age of 45, the potential of this market is huge. To tap this growing market, refined taste is the buzzword.
Demand for underwear of better quality is on the rise. With the improvement in living standard, people now attach more importance to their undergarments. Comfortable, hygienic and well-designed underwear will secure good sales while inferior items...