On the Development Prospects of the Knitting Industry
We all know that knitted materials are soft, have good wrinkle resistance and breathability, and have great elongation and elasticity, making them comfortable to wear and therefore highly favored. So, what will be the development prospects of the knitting industry? Don’t panic, listen to what the editor says!
The knitting industry is an important component of the textile industry. In 2008, the proportion of knitted clothing in China exceeded 50% of all clothing, gradually approaching the proportion of 65% in developed countries. From January to December 2010, the knitting industry produced a total of 16.417 billion pieces of knitted clothing, a year-on-year increase of 18.38%, with a growth rate of 9.99 percentage points higher than the full year level of 2009 (8.39%). The sales revenue of the industry market continued to increase from 200892 million yuan in 2005 to 409.737 billion yuan in 2010, with a year-on-year growth rate ranging from 8% to 52%, with the highest being 51.14% and the lowest being 8.63%. The difference was significant, with a year-on-year growth rate of 23.34% in 2010.
With the increase in income of urban and rural residents and the increasing demand for clothing taste from consumers, the acceleration of population urbanization and technology driven development will bring opportunities for the development of the knitting industry in the context of the country’s expansion of domestic demand and encouragement of consumption. The driving role of domestic sales in the growth of the knitting industry will become increasingly important. In addition, further exploration of the ASEAN market and cultivation of new international markets will promote the development of the knitting industry in 2011.
In the past, the knitting industry relied heavily on labor, which gave China a significant advantage in low wage costs. Coupled with China’s huge market share and mature technological support, the global knitting industry will mostly focus on China’s development in the future. With the continuous introduction of advanced overseas technologies, the knitting industry is accelerating its industrial upgrading and forming regional knitting bases.
A professional factory engaged in the production and processing of knitted and woolen clothing. Every product processed and designed by the company has been meticulously crafted, integrating fashion elements and popular fashion design concepts. With its simple yet stylish design style, novel yet fashionable, and delicate production techniques, it has won the recognition and recognition of customers.