Manufacturing

Export Value of Vietnamese Textile and Garment Industry Exceeded USD 30 Billion , 2017

The export value of Vietnamese textile and garment industry is expected to reach USD 31 billion, up by 10.2% YOY, due to the breakthroughs of the industry in 2017. However, according to CRI, garment raw materials and equipment still depend heavily on import for the industry chain is not perfect. But Vietnamese textile industry still has its own advantages such as government favorable policies, low labor costs, high education level, low prices of land and energy. Although TPP did not come into effect in 2017, the new FTAs have been…

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Manufacturing

China Garment Market

In brief, China garment market showed an upward trend in the period of 2011 to 2016. The revenue of this market increased from CNY1,381.0 billion in 2011 to CNY2,167.0 billion in 2016, representing a CAGR of 9.4%. In the following five years, driven by the increase in disposable income, improvement of living standard and multiple sales channels, China garment market is estimated to grow at a CAGR of 7.9%, reaching CNY2,933.1 billion in 2020. Main Drivers of Garment Market in China The Steady Growth of Disposable Income in China The…

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Manufacturing

Apparel Retail Market in Japan

The apparel retail market in Japan is a mature one with stagnant growth in both volume and value terms over the period from 2011 to 2015 (the ‘‘Review Period’’). Retail sales value of apparel decreased at a CAGR of 9.5% over the Review Period to reach USD62,452.9 million in 2015 and retail sales volume of apparel decreased at a CAGR of 0.5%. The decrease in retail value sale and retail volume of apparel in Japan from 2011 to 2015 was mainly due to shrinking disposable incomes, stagnating Japanese population, and…

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Manufacturing

China Sewing Threads Industry

The total production volume of sewing threads in China peaked in 2014 and then decreased in 2015 and 2016, mainly because of the weakened export performance. Sustaining the consumption of garment is expected to drive the total production volume of sewing threads in China to recover with an increase from 297.3 thousand tonnes in 2016 to 308.2 thousand tonnes in 2021 with a CAGR of 0.7%. The domestic sales volume of sewing threads in China was greatly affected by the production volume of garment from 107.0 thousand tonnes in 2011…

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Manufacturing

Global Apparel Retail Market

The global apparel retail market can be segmented into nine product categories in general including top wear, sportswear and outdoor apparels, bottom wear, underwear, denim jeans, sweater, jackets and coats, loungewear, and other apparels. Market Size and Growth of the Global Apparel Retail Market From 2012 to 2016, the retail sales value of the global apparel retail market increased steadily at a CAGR of 3.9%, reaching a total size of US$1,323.1 billion in 2016. It is expected that the global apparel retail market will experience a faster growth at a…

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Manufacturing Telecoms & Computing

Communication Cable Industry in China

Historical development of communication cable market in China Communication copper cables were widely used in the construction of telecommunication network, especially before the 3G network era. With the increasing number of fixed broadband subscribers as well as the development of mobile communication network, diversified Internet services, such as online high definition video, game and shopping boosted the demand for high speed and quality telecommunication network. Hitting the technical edge of transmitting speed and distance, communication copper cable is experiencing a gradual replacement by optical fiber cable in the telecommunication network…

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Manufacturing

China’s Machine Tool Market

Despite being influenced by the financial crisis of world economy in 2012 and its subsequent impact, China machine tool industry has witnessed an overall growth since 2011 due to government policies aiming to advance new technology and expand mechanical industries, resulting in a high demand and revenue for China machine tool market. According to Research, the market size of China machine tool industry by revenue and sales volume reached approximately CNY 284.1 billion and 1,797,100 units, respectively in 2016, demonstrating a CAGR of approximately 1.9% and 1.6% in terms of…

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Manufacturing

Analysis on Valve Industry in China, 2017

The valve industry is featured with small scale of production and low industry concentration in China. According to statistics, China has over 3,000 valve manufacturing enterprises, which is the largest in the world. However, most of these enterprises are of small scale and family-owned, among which there are no more than 500 enterprises with annual sales revenue reaching CNY 5 million, and only a dozen enterprises with annual sales revenue exceeding CNY 100 million. The total market share of the first ten enterprises is only around 8% and 9%. Low…

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Manufacturing

Driving Factors in China Pump Industry

(1) Changes in Nature Spur Demand Recent years’ frequent droughts have brought soaring demand for agricultural water pump. In addition, China’s groundwater level is lowering. According to the research of China Geological Survey, the fresh groundwater for annual exploitation in major plain and basin areas of northern China is 57 billion cubic meters while the real number is 36.63 billion cubic meters. The intensity and rate of groundwater exploitation is quite imbalanced in these plain and basin areas. Plain areas in North China have the highest groundwater exploitation rate reaching…

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Manufacturing

Status Quo of China Robot System Integration Industry

Robotic system integrators are the main force in China’s robot market, however, they are mostly of tiny scale, have low annual output and are under the pressure of great competition. According to the relevant data, by September, 2014, there were 428 Chinese robotic enterprises and the system integrators accounted for 88% of these enterprises. At present, most domestic integrators are of small scale with sales revenue less than CNY 100 million. The enterprises become the leader of this industry if their sales revenue exceeds CNY 500 million, let alone those…

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