According to the data, in 2019, affected by the domestic macroeconomic environment and industrial structure adjustment, enterprises above Designated Size in China's textile, clothing and apparel industry achieved a cumulative operating revenue of 1601.033 billion yuan, a year-on-year decrease of 3.45%; The gross profit margin was 15.04%, an increase of 0.21 percentage points over the same period in 2018; The proportion of three fees was 8.91%, an increase of 0.20 percentage points over the same period in 2018. So how will the garment industry develop in the future?
What will the garment industry develop in 2021
The data show that the economic operation of China's garment industry continues to recover steadily, and the domestic and export markets continue to pick up. In the first 10 months of this year, the garment output of China's garment enterprises above Designated Size reached 17.8 billion pieces, of which the output in October increased by 3.1%. From the operation of China's textile industry, driven by the demand for epidemic prevention materials from January to October this year, the added value of China's industrial textile industry increased by 58.6% and 50.5% year-on-year in October; The chemical fiber manufacturing industry increased by 1.1% year-on-year in October.
In the next few years, customers in third tier and below cities will be the main target of crazy competition on major platforms. In the future, live delivery will not continue to exist as an independent business form, but as a link in the brand value chain, it will become the contact point of business marketing to help consumers understand products and brands.
1. Clothing economic globalization
Today's world is a closely related organic whole. With the rapid development of economic globalization, the degree of interdependence and mutual restriction of the world economy has deepened. Since China's entry into WTO, economic exchanges with countries around the world have become more and more frequent, which has stimulated China's economic growth and continuously improved its comprehensive strength. However, economic globalization brings us both opportunities and challenges. On the one hand, economic globalization breaks the regional restrictions, makes countries exchange what they need, optimizes the allocation of resources, and opens up a broad overseas market for China. On the other hand, the two-way nature of clothing globalization also makes China's local enterprises suffer from the strong invasion of foreign enterprises and compete for the domestic market.
2. Application of garment technology
We live in an era of rapid development of the global Internet, and everything around us is inseparable from the network. The emergence of online trading has opened a new sales channel for the garment industry. Online shopping has won many loyal consumers because of its low cost and convenient way. We can see that more and more enterprises have added online trading platforms in order to sell their products to the greatest extent. In addition, the impact of the Internet is huge. Because people deal with the internet almost every day, advertising on the Internet can greatly publicize their brands and expand their popularity, so we can see the advertisements of many clothing brands while browsing the web or watching videos.
3. Clothing intellectual assets
Intellectual assets include knowledge itself, the ability to use knowledge and the ability to create knowledge (innovation). The competition of modern enterprises is the competition of talents, and economic globalization makes talents become.
Important strategic resources of enterprises. For the garment industry, excellent designers are an extremely important factor for its long-term prosperity.
In 2019, enterprises above Designated Size (non full caliber) in China's garment industry realized a main business income of RMB 235.93 billion, a year-on-year increase of 1.2%, a total profit of RMB 11.88 billion, a year-on-year decrease of 4.3%, and the average profit margin of enterprises was 5.9%, a decrease of 0.3 percentage points compared with the same period in 2018. In 2019, due to the low price of main textile raw materials and the implementation of the national policy of reducing fees and taxes, the gross profit margin and operating profit margin of the garment industry increased by 0.5 percentage points, but the change of non operating income and expenditure led to the decrease of the profit level of the industry. In 2019, the business differentiation among enterprises continued to expand, the loss of Enterprises above industry scale reached 12%, and the loss of loss making enterprises increased by 29.4% year-on-year.
From January to may 2020, the total operating revenue and profit of Enterprises above Designated Size in the garment industry were 103.92 billion yuan and 12.69 billion yuan respectively, with a year-on-year increase of 13.25% and 189.08% respectively. The profit margin of the industry was 12.21%, a year-on-year increase of 7.43 percentage points, and the gross profit margin of the industry was 21.47%, an increase of 7.64 percentage points over the same period in 2019.
