Analysis of the Development Opportunities of my country's Textile Industry in 2016-
by:GESTER Instruments
2022-09-28
In 2015, the main business income of textile enterprises above designated size is expected to be 7.05 trillion yuan. In 2015, the national textile and garment export volume is expected to be 292 billion US dollars. The transfer of the textile industry to the central and western regions continued to advance. The proportion of the main business income of enterprises above designated size in the central and western regions increased from 16.8% in 2010 to 22.2% in January-September 2015, among which Xinjiang is a new investment hotspot. The pace of textile enterprises to go global has also been further accelerated, and key enterprises have accelerated their investment in the construction of manufacturing bases in neighboring countries, and gradually began to develop to the high-end areas of the industrial chain in developed countries. The enterprise attaches great importance to continuously increasing investment in science and technology and achieves results, the brand awareness of the whole industry has been greatly improved, and the brand system of the whole industry chain is being formed. A number of key industry technologies have made progress and been promoted, and digital and networked technologies are widely used in all aspects of the industrial chain. However, there are also many problems that plague the development of the industry, mainly including: the price difference between domestic and foreign cotton is still large, and the quality of domestic cotton is declining; some industries have structural excess capacity, low equipment utilization, high product inventory, and difficult capital turnover; labor costs The per capita wage of textile enterprises is 2~3 times that of Vietnam and more than 5 times that of Bangladesh; the dispersion of scientific and technological resources has not yet formed integrated innovation capabilities, the investment in research and development is relatively insufficient, and there is still a lack of innovative talents; textile enterprises are adapting to the increasingly strict environment. Facing technical, managerial and financial pressures under governance requirements. In 2016, it is difficult to substantially improve the demand of major foreign consumers, but the export boost effect brought about by the devaluation of the RMB may improve external demand. In the future, the growth rate of apparel investment in the textile industry will still maintain a high level, but the industry's leading companies have adjusted their inventory. In 2016, the overall supply and demand pattern of the textile and apparel industry will not change substantially compared with 2015. The entry of fast fashion brands has intensified competition in the industry. The rapid development of the Internet has made the competition in the textile industry more intense. The cotton spinning capacity in Southeast Asia and Xinjiang will continue to impact the mainland market. According to the law, the normal state of an industry is that 70% to 80% of the enterprises can make profits, and 20% to 30% of the enterprises can operate at the same level or lose money. The enterprise depends on which echelon it belongs to. The future is not a world of scale, but a few aircraft carriers to dominate the market, with an absolute advantage in subdivisions, and features are king. In 2016, the complex and severe external situation will remain unchanged. Prospective Industry Research Institute 'China Cotton Textile Industry'“Thirteenth Five”The Market Prospect and Development Planning Analysis Report pointed out that although the international market has positive factors for the accelerated recovery of the United States, the overall recovery momentum is insufficient, and it is difficult to change the weak situation. The downward pressure on my country's economic growth is still prominent. It still takes a process to resolve excess industrial capacity and optimize the economic structure. Although domestic demand will remain stable, there is no room for accelerated growth. In addition, external factors such as rising comprehensive costs, intensified international competition, and arduous environmental protection tasks will still test the industry's adaptability, and there will be great pressure to continue to maintain stable development. Further accelerating transformation and upgrading is still the key. In 2016, there are several problem companies that need to focus on: First, the export situation is relatively severe. The transfer of cotton spinning, knitting and other textile production capacity and orders to overseas has accelerated. The recovery of the international market was weak, and the slowdown in demand in emerging markets was prominent. The trend of enterprises investing in Vietnam will become clearer, and they need to pay attention to the direction of production capacity transfer. Second, from various perspectives, the growth rate of domestic demand is slowing down, and companies need to tap the market potential. The more difficult the period, the more they must grit their teeth. The Long March of the Red Army, the people who remain are the elites. On the one hand, enterprises feel that domestic demand is insufficient. On the other hand, textile enterprises still have insufficient capabilities in product development and brand building. Compared with the rapid expansion of domestic sales of some foreign fashion fast-selling brands, they need to find a gap and speed up their own transformation. develop. The third is that the elimination of enterprises will be more cruel, and the best among the best will be selected, and the path will become narrower and narrower. In the future, whether it is market positioning or resource integration, we need to use our own advantages to find a good positioning and fight a good counterattack. In an industry that has not closed down, only backward thinking will be defeated. Fourth, high-grade cotton resources are in short supply. In 2016, the middle and high grade cotton will be relatively tight. To produce high-grade products, it is necessary to control these resources. Although the growth rate of the main business is flat, but the textile and apparel sector in 2015 is not lacking to watch. The continued low prices of cotton and international crude oil will help companies maintain stable costs; the depreciation of the RMB is expected to benefit export-oriented companies. In addition, the industry“Thirteenth Five”The plan will encourage smart manufacturing and industrial fiber usage to continue to grow, and leading companies in sub-sectors are expected to usher in improved performance. 1. First of all, destocking is coming to an end. Since 2015, although clothing consumption has basically continued the weak trend in 2014, the growth rate has stabilized, and there have been signs of recovery in the sub-sectors. According to the Shenwan Hongyuan research report, the sub-industry adjustment order is generally sports shoes and clothing, casual clothing, home textiles, men's shoes, men's clothing, high-end men's clothing and women's clothing. At present, the rotation of the sub-industry has reached the men's clothing industry. It is expected that the men's clothing industry will bottom out in 2016 and the performance will be more flexible. The women's underwear and baby and child industries are still in a stage of rapid growth, and the high-end men's and women's clothing is at a low point and needs to be recovered. Second, at present, the textile industry presents two major trends. The first is channel integration, channels are more flattened, and supply chain efficiency is improved.
is frequently used by people in daily life since it can improve tensile tester manufacturers and tensile tester manufacturers.
Through our culture, our drive and the expertise of each individual employee, GESTER International Co.,Limited is uniquely positioned to provide best-in-class services to a global customer base.
GESTER International Co.,Limited attach great importance to the quality of our products and R&D services.
is frequently used by people in daily life since it can improve tensile tester manufacturers and tensile tester manufacturers.
Through our culture, our drive and the expertise of each individual employee, GESTER International Co.,Limited is uniquely positioned to provide best-in-class services to a global customer base.
GESTER International Co.,Limited attach great importance to the quality of our products and R&D services.
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