Export Value of Vietnamese Textile and Garment Industry Exceeded USD 30 Billion , 2017

The export value of Vietnamese textile and garment industry is expected to reach USD 31 billion, up by 10.2% YOY, due to the breakthroughs of the industry in 2017. However, according to CRI, garment raw materials and equipment still depend heavily on import for the industry chain is not perfect. But Vietnamese textile industry still has its own advantages such as government favorable policies, low labor costs, high education level, low prices of land and energy. Although TPP did not come i...
More

China Garment Market

In brief, China garment market showed an upward trend in the period of 2011 to 2016. The revenue of this market increased from CNY1,381.0 billion in 2011 to CNY2,167.0 billion in 2016, representing a CAGR of 9.4%. In the following five years, driven by the increase in disposable income, improvement of living standard and multiple sales channels, China garment market is estimated to grow at a CAGR of 7.9%, reaching CNY2,933.1 billion in 2020.Main Drivers of Garment Market in ChinaThe Steady Growt...
More

Global Apparel Retail Market

The global apparel retail market can be segmented into nine product categories in general including top wear, sportswear and outdoor apparels, bottom wear, underwear, denim jeans, sweater, jackets and coats, loungewear, and other apparels. Market Size and Growth of the Global Apparel Retail Market From 2012 to 2016, the retail sales value of the global apparel retail market increased steadily at a CAGR of 3.9%, reaching a total size of US$1,323.1 billion in 2016. It is expected that the global...
More

Vietnam Garment Manufacturing Industry Overview, 2011-2020

Source: http://www.shcri.com/clothing/33297-vietnam-garment-manufacturing-industry-overview-2011-2020.html According to CRI's investigation, the major considerations that garment manufacturing enterprises should take when choosing locations include workers, raw materials, tariffs, supply chains, religions and political unrests. Vietnam has mature workers in efficiency and skills besides China, and it is one of the biggest beneficiaries of TPP. Textiles manufactured in Vietnam will be exported...
More

Cambodia Garment Manufacturing Industry Overview, 2011-2020

Source: http://www.shcri.com/clothing/33296-cambodia-garment-manufacturing-industry-overview-2011-2020.html Garment manufacturing industry is one of the mainstay industries in Cambodia. By the end of 2015, garment manufacturing enterprises registered in Cambodia reached over 1,400. According to CRI, about 1,100 enterprises among them are in normal operation. Garment manufacturing enterprises in Cambodia mainly operate with foreign capital from areas such as China, Hong Kong, Taiwan and South ...
More