General Textiles Market Research Reports, Analysis & Trends
Current Trends in General Textiles Industry
While competition from e-commerce websites and online auctions will be strong, demand from baby boomers and the young do-it-yourself market will bolster revenue. Additionally, positive returns will create opportunities for some operators to expand and new stores to enter the industry. On one hand, textile products are significant foreign trade products of China, occupying an important position in Chinese foreign trade; on the other hand, as a labor-intensive industry, the textile industry provides China with a lot of occupational opportunities, while as the major raw materials of garments and other daily-used products, the development of textile industry also determines the supply-demand relation and price change of garment industry, and other industries.