The year 2005 was the first year for the cancellation of global quotas. People thought that they could cheer for the arrival of the post-quota era. When they made a big deal, because of restrictions imposed on Chinese textiles by countries such as Europe and the United States, China’s clothing and textile industry suffered. A severe blow hit the winter cold in advance. This “cold stream†has also swept the various industries related to it, making the “spring of export†not reachable. Although China's textile and apparel industry maintained a growth rate of 19.6% in 2005, overall, the pace of growth has slowed.
On the other hand, the textile and apparel industries in India, Pakistan, Thailand, and some other Southeast Asian countries have developed rapidly. The proportion of garment exports in the world has gradually increased, which directly threatens China's garment exports.
As the development of labor-intensive industries in coastal cities in China is severely restricted, and Southeast Asian countries have extremely abundant population resources and low labor costs, the apparel industry has the characteristics of attracting more labor, less environmental pollution, and low entry barriers. The ease of employment pressure is easily included in the encouraging development of the industry, and the signs of gradient transfer in the world apparel industry are gradually revealed.
Big country, unlimited business opportunities
As a country with a population of over one billion people, the rapid development of its clothing industry in recent years has attracted the attention of all countries in the world. According to statistics, India has become the sixth-largest clothing exporter in the post-quota period. Garment exports account for 42% of India's textile exports, and the textile and clothing industry has a turnover of 12.4 billion euros, of which the apparel industry has a turnover of 4.1 billion euros.
The development of the garment industry is bound to drive the development of the upstream and downstream industries. However, in India, the sewing machinery industry, which is the upstream industry of the clothing industry, has not shown a corresponding rate of development. India's sewing machinery manufacturing base is relatively weak. Local sewing machine manufacturers mostly produce home-use machines, and industrial sewing machines have insufficient production capacity. In addition, India's sewing machinery industry has not yet formed a complete industrial chain, and parts mainly rely on imports.
As a close neighbor of India, China is the world's production and export base for sewing machines. Ordinary household sewing machines account for about 96% of the world's total output. Home-use multi-function sewing machines account for more than 55% of the world's production. Industrial sewing machines have more than 700,000 units, accounting for the world. 75% of production. The rapid development of the garment industry in India has brought tremendous business opportunities to China's sewing machinery industry.
“The development potential of the Indian market is too great to become the world’s second largest apparel exporter after China. In recent years, Indian apparel companies have started to purchase sewing equipment, and our product supply is tight in the Indian market. However, the demand is still rising." Ma Jianhui said. As a regional manager of the Southeast Asian market for the Gem Sewing Machine Group, Ma Zaihui is very optimistic about the Indian market.
It is understood that since 2002, the Gem Sewing Machine Group has maintained a 200% growth rate for three consecutive years. In the first quarter of 2006, the output value of industrial sewing machines completed sales of 2 million. Although the year-on-year growth rate has declined, Ma Zaihui stated that since the export base of sewing machines in India is now relatively large, the year-on-year growth rate has declined. Indicates that the Indian market is shrinking.
On the other hand, the textile and apparel industries in India, Pakistan, Thailand, and some other Southeast Asian countries have developed rapidly. The proportion of garment exports in the world has gradually increased, which directly threatens China's garment exports.
As the development of labor-intensive industries in coastal cities in China is severely restricted, and Southeast Asian countries have extremely abundant population resources and low labor costs, the apparel industry has the characteristics of attracting more labor, less environmental pollution, and low entry barriers. The ease of employment pressure is easily included in the encouraging development of the industry, and the signs of gradient transfer in the world apparel industry are gradually revealed.
Big country, unlimited business opportunities
As a country with a population of over one billion people, the rapid development of its clothing industry in recent years has attracted the attention of all countries in the world. According to statistics, India has become the sixth-largest clothing exporter in the post-quota period. Garment exports account for 42% of India's textile exports, and the textile and clothing industry has a turnover of 12.4 billion euros, of which the apparel industry has a turnover of 4.1 billion euros.
The development of the garment industry is bound to drive the development of the upstream and downstream industries. However, in India, the sewing machinery industry, which is the upstream industry of the clothing industry, has not shown a corresponding rate of development. India's sewing machinery manufacturing base is relatively weak. Local sewing machine manufacturers mostly produce home-use machines, and industrial sewing machines have insufficient production capacity. In addition, India's sewing machinery industry has not yet formed a complete industrial chain, and parts mainly rely on imports.
As a close neighbor of India, China is the world's production and export base for sewing machines. Ordinary household sewing machines account for about 96% of the world's total output. Home-use multi-function sewing machines account for more than 55% of the world's production. Industrial sewing machines have more than 700,000 units, accounting for the world. 75% of production. The rapid development of the garment industry in India has brought tremendous business opportunities to China's sewing machinery industry.
“The development potential of the Indian market is too great to become the world’s second largest apparel exporter after China. In recent years, Indian apparel companies have started to purchase sewing equipment, and our product supply is tight in the Indian market. However, the demand is still rising." Ma Jianhui said. As a regional manager of the Southeast Asian market for the Gem Sewing Machine Group, Ma Zaihui is very optimistic about the Indian market.
It is understood that since 2002, the Gem Sewing Machine Group has maintained a 200% growth rate for three consecutive years. In the first quarter of 2006, the output value of industrial sewing machines completed sales of 2 million. Although the year-on-year growth rate has declined, Ma Zaihui stated that since the export base of sewing machines in India is now relatively large, the year-on-year growth rate has declined. Indicates that the Indian market is shrinking.