Home >

The Three Big Markets Of Textile And Clothing Are Competing.

2014/1/7 21:57:00 45

MarketExportTextile

The United States, Europe and Japan are the most important export markets for textiles in China. By the end of 2013, the US economic data had been improving, and the manufacturing country became the first country to get rid of the financial crisis.


Firmly grasp the development of high-end is the secret of the United States to shake off the financial crisis. U.S.A They will never reinvigorate their textile industry. They have found the strategic goal of economic rebalancing. Re industrialization is not the key point. It is the key to actively promote the commercialization of services. With the popularization and application of information technology, the trade scale of new manufacturing and service industries has become a new engine of Global trade. Outsourcing, distance services, intellectual property rights transmission and so on, the proportion of global service trade will grow from less than 20% to 40% in the next 10 years, and the United States will undoubtedly become the leader and the biggest beneficiary of this trend. In today's G20 countries, the United States is the only country whose service productivity is significantly higher than that of manufacturing industry. Its dominant industries are finance, education, medical treatment and media. In the new globalized economic structure of the future, the United States must exchange these advantageous industries with the whole world to achieve economic recovery and maintain strategic advantages.


Kellner, chief economist of MarketWatch, recently wrote that the US output per hour increased by 3% in the third quarter of 2013, far exceeding the US labor department's 1.9% forecast, setting the best quarterly performance record in nearly 4 years. The profits of enterprises are increasing, labor output has increased by 4.7%, while the average hourly wage has increased by only 1.6%. This is undoubtedly a great benefit to the profits of enterprises in the current quarter. With the increase of corporate profits, the increase of us labor remuneration will further promote consumption recovery.


This is the China that lingers in difficulties. Spin Industry is a good news. This indicates that China's textile exports to the US will rise in volume and price in 2014.


Europe is different. Europe's economy is really hard to get back. Now they want to create a new "entity", that is, the so-called "re industrialization" is also an option. Europeans are now pushing the concept of "green renewal cycle", which refers to the cycle of global equipment and housing renewal promoted by green consumption and low carbon technology. The cycle of low-carbon transformation of equipment is expected to be 10 years, and the renewal of living green consumption is longer than 20 years. The green renewal cycle poses new technical requirements for the manufacturing industry, mainly reflected in the constraints of environmental indicators. Currently, Europe is the main advocate and expects to benefit from it.


Reflected in the textile trade, Europe has used more stringent environmental standards to form new trade technical barriers, so as to weaken the advantages and disadvantages of emerging countries in terms of quantity and price, and to alleviate the enormous pressure on Chinese related industries by Chinese products.


But Europe, which is struggling on the road to economic recovery, needs cheap Chinese textiles to maintain its market prosperity and meet its low purchasing power needs. Therefore, China's textiles that can meet the new environmental standards in Europe should have a good sales performance in 2014. Even if our enterprises raise the price of 20%~30%, they will be much cheaper than the similar products produced in Europe.


Japan is also an important part of Chinese textiles. market However, as the political trust of the two countries is declining, the economy and trade will also suffer. Under such circumstances, Chinese textile enterprises still need to be cautious when they want to expand the Japanese market.

  • Related reading

Changes In Female Consumption Patterns

market research
|
2014/1/6 23:01:00
49

Fashion Consumption Upgrades "Private Custom"

market research
|
2014/1/6 10:44:00
80

The Cause Of "Quick Drop" To Attract Fast Fashion Brands

market research
|
2014/1/4 16:12:00
45

Luxury Goods Are Blocked In The Chinese Market And Fight For Development In The United States.

market research
|
2014/1/4 15:30:00
47

中国奢侈品市场研究2014年三大主题

market research
|
2014/1/3 18:44:00
54
Read the next article

The 7 Businesses Are Making More Money From Children's Clothing Stores.

Now, with the increasing pressure of life and the limitation of family planning, the market potential of children's clothing is still very huge. So how can children's clothing sell and bring benefits? How should we look at the problem of children's clothing franchising? Next, let's take a look at the world's clothing and shoes and hat nets to see the 7 profitable business of children's clothing stores.