Analysis on Apparel Market in China

An Expert's View about Textiles, Apparel and Accessories in China

Last updated: 24 Sep 2011

Analysis on Apparel Market in China

China apparel market size exceeded RMB 600 billion in 2009, a growth of more than 20% on a year-on-year basis, according to Zeefer Consulting's latest research report - China Apparel Market Report.

In terms of market position of foreign enterprises in China, in 2009, there were more than 6,000 foreign enterprises above designated size engaged in the apparel industry, accounting for more than 35% of all apparel enterprises above designated size across China. All foreign apparel enterprises achieved a profit of more than RMB 15 billion in all, accounting for more than 40% of the total profit in this industry. Foreign apparel enterprises achieved a profit margin of more than 4%, almost same with the industry average, and they achieved a ratio of return on assets of more than 6%, almost same with the industry average.

In terms of industry profit, in 2009, enterprises above designated size in apparel industry across China achieved a profit of more than RMB 35 billion in all, a growth of more than 20% on a year-on-year basis. On average, enterprises achieved a profit margin of more than 4%. The industry average of the rate of return on assets was higher than 6%, and the rate of return on net assets was higher than 10%.

In terms of apparel import and export, in 2010, the value of imported apparel products in China was more than USD 1 billion, Shanghai, Guangdong and Liaoning ranked top 3 domestic destinations in imports, and the value of imports in these three regions added up to USD 941.5 million, accounting for more than 80% of the gross imports across China. In 2010, the gross export of apparel products exceeded USD 45 billion,  and USA, Japan and Germany ranked top 3 as export destinations. Exports to these destinations added up to USD 21.2 billion, accounting for more than 40% of the gross export. Zhejiang, Jiangsu and Guangdong ranked top 3 as domestic origins, exports from these origins added up to USD 25.3 billion, accounting for more than 50% of the gross export across China.

Full content of China Apparel Market Analysis:
http://www.allchinareports.com/china-apparel-footwear-textile-industry/apparel-industry-analysis/analysis-on-apparel-market-in-china.html

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The analyses above are extracted from the research report: China Apparel Market Report

 


Posted: 22 September 2011, last updated 24 September 2011

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