China: apparel boom to continue
China’s expanding apparel industry is likely to be dominated by sports apparel, women’s wear and children’s wear, according to the findings of a new industry report.
The report, entitled China Apparel Industry Analysis, highlights the continued growth of the country’s apparel sector.
Due to a favourable economic environment, government support in the form of tariffs and tax incentives, and the availability of cheap labour, the Chinese textile and apparel industry has been growing at a remarkable pace compared to other Asian countries, the report notes.
The share of the ladies wear segment was estimated at 31.2 percent in 2010 in the overall apparel market. This share is expected to rise further in the near future.
The report is the outcome of extensive research and analysis of China’s textile and apparel market by industry experts. It provides a thorough analysis of the industry trends that are driving growth in the market, among other key factors and insights.
