未来十年针织行业的发展前景

Over the next decade, the prospects for China's textile and apparel industry are promising.

However, most apparel enterprises mainly engage in original equipment manufacturing (OEM) for exports. For the domestic market, they have yet to achieve "brand premium." Moreover, the industry has low entry barriers, with price competition being the primary means. As a result, the expansion of the main business of apparel companies is constrained. Fabric companies are positioned in the middle of the industrial chain. The rapid development of the apparel industry has generated strong demand for fabrics. Currently, nearly 50% of the fabrics used in exported garments still need to be imported. The state has also made "replacing imported fabrics with domestically produced ones" one of its key industrial policies. The fabric industry mainly relies on equipment and technology for competition, with relatively high industry barriers and weak sales constraints. Enterprises can easily enhance their performance by expanding production volume. Therefore, among the textile sector, fabric companies and companies with integrated upstream and downstream operations covering both fabrics and apparel hold promising prospects.