In China, six sub-industries of textile industry include cotton, chemical fiber textile and printing & dyeing finishing industry, wool textile and dyeing finishing industry, linen textile, silk textile and finishing industry, finished textile product manufacturing as well as knitted and woven product industry.

As a traditional advantage industry, textile industry plays an important role in national economy. China is the world’s largest textile garment producer and exporter. The output volume of China textile industry accounts for more than half of the global one. The processing capacity and export value of textile fiber account for a higher proportion in the world. The market international share exceeds one third of the world. In 2015, the production value of textile industry accounted for 7% of China’s GDP. On one hand, as important export products in China, textile products play an important part in China’s foreign trade. On the other hand, as labor-intensive industry, textile industry provides a lot of employment opportunities for China.

From 2011 on, the fast-growing raw material price, income and high financing costs of enterprises forced enterprises to mark up. The overall rise of prices made the exported products less competitive in the international market.

In 2015, the export value of textiles was USD 11.53 billion in China with a decline of 2.3% YOY which was mainly caused by the increasing costs. In recent years, the growing costs of land, energy and labor dramatically increased the comprehensive costs of textile enterprises in China, which placed them on inferior position in international competition. For example, the land cost of Chinese companies is 5-10 times as high as that of foreign competitors.

The price of electricity in China is 2-3 times higher than the foreign one. The fast-growing living cost leads to the increasing labor cost in China. The labor cost of China textile industry is 2-5 times over that of Southeast Asia and India. The price of domestic cotton with lower quality is 50% higher than that of the imported one.

With the development of industrialization and urbanization in China, the improvement of the living standard and level-up demand structure lead to the transformation from mid-low end textiles to high-end products, which promotes the enhancement of market size. Under the export pressure, domestic markets become the major markets for textile enterprises to develop as well as the key drivers of China textile industry.

It is predicted that in the next 3-5 years, China textile industry in possess of perfect industry chain and large domestic market will continue to maintain a certain advantage in the world. However, in the longer run, the costs of China textile industry rise so fast that the production capacity of the textile industry will continue to transfer overseas, which will undermine the overall advantages of China textile industry chain. In addition, the position of China textile industry in the world will face more challenges.

Through this report, readers can acquire the following information:

-Development Environment Faced by China Textile Industry

-Competition Status in China Textile Industry

-Investment Status in China Textile Industry

-Import and Export Status of China Textile Industry

-Operation Status of Major Sub-industries in China Textile Industry

Analysis on Major Enterprises of China Textile Industry

-Major Driving Forces and Market Opportunities in China Textile Industry

-Threats and Challenges Faced by China Textile Industry

-Prediction on the Development of China Textile Industry, 2017-2021

The post China Textile Industry Overview, 2017-2021 first appeared on CRI Report.

Home textiles, also known as decorative textiles, together with clothing textiles, industrial textiles constitute three major sub-industries of the textile industry. Home textiles are mainly used in houses and public places, which can be divided into bedding, kitchen supplies, bathroom accessories and living room accessories by the use place. There are 5 home textile industrial cluster areas in China, including Guangdong Province, Shanghai, Jiangsu Province, Zhejiang Province and Shandong Province. They gradually found their own features to form a strong home textile industry chain. Up to the end of 2015, there were nearly 2,000 home textile enterprises whose annual sales revenue exceeded CNY 20 million. However, there were no less than 10,000 home textile enterprises whose annual sales revenue was under CNY 20 million. Based on the research of CRI, CR5 of China home textile industry was only 4.7% in 2015. That was to say there were low industry concentration rate and fierce competition in China home textile industry.

Major raw materials of home textile industry include cotton, chemical fiber, accessories, etc. Generally speaking, the cost of raw materials accounts for 50% of the total production costs of home textile enterprises. Therefore, it will exert a huge impact on home textile enterprises if there are changes in prices of raw materials.

Textile is an important export product in China. With the downturn of demand in international market and the increasing costs of China textile industry in recent years, the export of China’s home textiles showed the trend of decline. China has an entire textile industry chain from raw materials to finished products. Therefore, in the next 5 to 10 years, home textile products from Southeast Asia and other regions will not pose a fatal impact on Chinese enterprises.

With the development of economy and the enhancement of urbanization, China home textile industry will be faced with large domestic demand in the next few years.

Through this report, the readers can acquire the following information:

-Definition and Classification of Home Textiles

-Research Methods, Parameters and Assumptions

-Market Competition and Maturity of China Home Textile Industry

-Top 5 Enterprises in China Home Textile Industry

-Development Opportunities and Major Driving Forces Faced by China Home Textile Industry

-Risks and Challenges Faced by the Development of China Home Textile Industry

-Analysis on Prices of Raw Materials and Products in China Home Textile Industry

Table of Contents

1 Basic Concepts of China Home Textile Industry

1.1 Definition and Classification of the Industry

1.2 Parameters and Assumptions

1.3. Reliability Test

1.4 About CRI

2 Operation Status of China Home Textile Industry, 2011-2015

2.1 Development Environment of China Home Textile Industry

2.1.1 Economic Environment Faced by China Home Textile Industry

2.1.2 Policy Environment Faced by China Home Textile Industry

2.2 Supply Status

2.3 Market Size of China Home Textile Industry, 2011-2015

2.4 Major Clients in the Industry

2.5 Export Status

3 Analysis on Competition Status of China Home Textile Industry

3.1 Barriers to Entry of China Home Textile Industry

3.1.1 Brand Barriers

3.1.2 Barriers of Marketing Network

3.1.3 Barriers of Design and R&D

3.1.4 Technical Barriers

3.2 Competition Structure of China Home Textile Industry

3.2.1 Bargaining Ability of Suppliers

3.2.2 Bargaining Ability of Clients

3.2.3 Inside Competition

3.2.4 Potential Entrants

3.2.5 Substitutes

4 Top 5 Enterprises of China Home Textile Industry, 2013-2015

4.1 Sunvim Group Co., Ltd.

4.1.1 Enterprise Profile of Sunvim Group Co., Ltd.

4.1.2 Market Share of Sunvim Group Co., Ltd. in China Home Textile Industry

4.1.3 Status of Sunvim Group Co., Ltd. in China Home Textile Industry

4.2 Luolai Home Textile Co., Ltd.

4.2.1 Enterprise Profile of Luolai Home Textile Co., Ltd.

4.2.2 Market Share of Luolai Home Textile Co., Ltd. in China Home Industry

4.3.3 Status of Luolai Home Textile Co., Ltd. in the Industry

4.3 Shenzhen Fuanna Bedding and Furnishing Co., Ltd.

4.3.1 Enterprise Profile of Shenzhen Fuanna Bedding and Furnishing Co., Ltd.

4.3.2 Market Share of Fuanna in China Home Textile Industry

4.3.3 Status of Fuanna in the Industry

4.4 Shanghai Shuixing Home Textile Co., Ltd.

4.4.1 Enterprise Profile of Shanghai Shuixing Home Textile Co., Ltd.

4.4.2 Market Share of Shanghai Shuixing Home Textile Co., Ltd. in China Home Textile Industry

4.4.3 Status of Shanghai Shuixing Home Textile Co., Ltd. in the Industry

4.5 Hunan Mendale Home textile Co., Ltd.

4.5.1 Enterprise Profile of Hunan Mendale Home textile Co., Ltd.

4.5.2 Market Share of Hunan Mendale Home textile Co., Ltd. in China Home Textile Industry

4.5.3 Status of Hunan Mendale Home textile Co., Ltd. in the Industry

4.6 Analysis on Advantage Enterprises

5 Analysis on Costs of Raw Materials and Prices of Home Textiles in China, 2013-2015

5.1 Analysis on Prices of Major Products in China Home Textile Industry, 2013-2015

5.1.1 Trend

5.1.2 Fluctuation Factors Influencing Prices of Home Textiles

5.2 Costs of Major Raw Materials in China Home Textile Industry, 2013-2015

5.2.1 Cost Trend of Raw Materials

5.2.2 Fluctuation Factors of Costs

6 Prediction on Development of China Home Textile Industry, 2016-2020

6.1 Factors Influencing Development

6.1.1 Major Driving Forces and Market Opportunities

6.1.2 Threats or Challenges

6.2 Forecast on Industry Demand

6.3 Forecast on Industry Supply

Selected Charts

Chart Sales Revenue of China Home Textile Industry, 2011-2015

Chart Policies Related to China Home Textile Industry

Chart Sales Revenue of Home Textiles in China, 2011-2015

Chart Import and Export Value of Yarns, Textiles and Products in China, 2011-2015

Chart Operation Revenue of Sunvim Group Co., Ltd., 2013-2015

Chart Market Share of Sunvim Group in China Home Textile Industry by Operation Revenue, 2013-2015

Chart Operation Revenue of Luolai’s Home Textiles, 2013-2015

Chart Market Share of Luolai in China Home Textile Industry by Operation Revenue, 2013-2015

Chart Operation Revenue of Fuanna, 2013-2015

Chart Market Share of Fuanna in China Home Textile Industry by Operation Revenue, 2013-2015

Chart Operation Revenue of Shanghai Shuixing Home Textile Co., Ltd., 2013-2015

Chart Market Share of Shanghai Shuixing Home Textile in China Home Textile Industry by Operation Revenue, 2013-2015

Chart Operation Revenue of Hunan Mendale Home textile Co., Ltd., 2013-2015

Chart Market Share of Hunan Mendale Home textile Co., Ltd. in China Home Textile Industry by Operation Revenue, 2013-2015

Chart Analysis on Sales Revenue and Sales Volume of Major Products of Sunvim Group Co., Ltd., 2013-2015

Chart Prices of Major Products of Sunvim Group Co., Ltd., 2013-2015

Chart Analysis on Output Volume of Cotton in China, 2011-2015

Chart Analysis on Price of Cotton in China, 2011-2015

Chart Prediction on Sales Revenue of China Home Textile Industry, 2016-2020

Bioplastic Textiles Market to Surge at 6.60% CAGR, which is anticipated to reach USD 2.09 billion by 2030

The post China Home Textile Industry Overview, 2011-2020 first appeared on CRI Report.