Integration and upgrading, how to develop garment accessories industry in the future? China’s garment accessories industry has entered the stock market. Affected by the epidemic, the market size decreased from 471.75 billion yuan to 430.62 billion yuan between 2016 and 2020. In the future, with the further transformation and upgrading of the garment industry, the overall demand of the garment market will rebound, and the garment accessories industry will be digitalized Platform development, the market size of clothing accessories industry is expected to maintain a slowly rising trend to reach 481.75 billion yuan in 2025. The annual compound growth rate is expected to be 2.3% from 2021 to 2025.
At present, the accessories industry in addition to zipper and other specific products are produced by listed companies, many categories are rich.
Nowadays,online channels have become the main channel for Chinese consumers to purchase clothing, accounting for 77% in 2019, far more than offline channels Since 2020, the rise of live streaming e-commerce has led to the further transformation of apparel sales channels. The rise of live streaming e-commerce of apparel has become one of the categories with the highest sales volume among live streaming platforms. At the same time, various platforms have issued relevant support policies to recruit and cultivate fashion MCNS based on support in terms of traffic support service fee reduction and other aspects.
The rise of online market for clothing enterprises more rapid delivery and provide more skus in order to improve the appeal, it also have a new request for accessories industry.
Chinese textiles industry climate index and overall development situation of Chinese garment industry highly correlated between 2017 and 2021, the Chinese clothing industry began to enter the transformation and upgrading of the stage, overall performance Affected by this, the overall performance of China’s garment accessories industry is depressed. From 2018 to 2021, the prosperity index of China’s garment accessories industry continues to decline Affected by the improvement of the overall industry prosperity and production cost, the overall survival environment of the auxiliary materials industry is poor, the traditional small workshop auxiliary materials enterprises have been unable to meet the needs of the market, the auxiliary materials industry has entered a key stage of transformation and upgrading.
Post time: Jun-03-2019
