Published on : Nov 23, 2016
ALBANY, NY, Nov 23, 2016: The new report focuses on the apparel market in China and the factors that are currently influencing it, in “Apparel Market Trends in China.” The study provides conclusive insights on a fast-growing market in one of the more promisingly emergent economies. The report offers forecasts on the China apparel market through analyzing its trends gained from historical data dating back to 2005. The report thus uses this historical data as well as current market trends to create dual long-term forecasts till 2020 and 2025.
Of the many positives mentioned in the report on the China apparel market, it speaks of the incredible speed with which businesses in the apparel market are collaborating in the form of partnerships, mergers and acquisitions to gain greater shares in the China apparel market. The Chinese government has been predominantly supportive of the local players in the China apparel market and is likely to continue showing more support over the coming years, strongly encouraging more players to take up localization of the market to generate positive nation revenue streams.
The report also focuses on the China apparel market amidst an entire economy that is being bolstered by a fast rate of improvement in its industrial infrastructure. The country has been undergoing significant rates of expansion within its industrial landscape which is further complemented by a rising consumer demand for several goods, including apparel. China leads the world in terms of rate of expansion on economy and the moment, and this spells extremely good news for all players in the China apparel market, local as well as international.
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However, the local players are currently suffering from a serious lack of innovation, research and development, due to lack of financial backing to achieve the same. This is expected to change over time, as government support continues to encourage players.
The report provides accurate details on the China apparel market in terms of the various industry standards and government regulations that surround it. It takes into account the various aspects of China’s regulatory framework that can augment or impede the flow in the China apparel market. This data is collected from a series of credible sources ranging from in-house databases, industry publications, government run industry bureaus, industry associations, magazines and newspapers published within China, and even Chinese government publications.
The report’s description of the trends in the China apparel market also surround its competitive landscape and marks the top players and their movements in the market. The report makes use of data from more than 2,000 reports that focus on the Chinese markets and their industry forecasts for the same, as knowledge on these industries can prove to be valuable in assessing the future of the China apparel market. The report is also aimed at global apparel brands to identify potential for penetration into the China apparel market, or for existing international players to further expand their scope of sales and revenue in China.
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