Lower-Tier Cities: A New Target Market for Chinese Apparel Firms

The total Chinese apparel market is anticipated to grow at a CAGR of around 7% during the forecast period 2012-2016, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) March 13, 2013 - China apparel market is going through a transformation phase. Due to the rising competition in the tier-I cities, apparel retailers in the country are now turning to tier-2 and tier-3 cities. This is helping them to avoid stiff competition and offering opportunity to sell their products with higher returns. Besides, purchasing power of people in the lower-tier cities is also increasing year-on-year. Considering the above factors, the total Chinese apparel market is projected to grow at a CAGR of around 7% during the forecast period 2012-2016.

As per our research, China Apparel Industry is witnessing a strong growth inclination over the past few years, owing to increasing domestic market, increasing foreign players' participation and private players' expansion. Additionally, rapid expansion of foreign as well as domestic brands in lower tier cities and opening of numerous new luxury stores in the country are taking the Chinese textile and apparel industry to new heights. Besides, women's wear segment is dominating the overall Chinese apparel market and it is expected to continue rule in the future too. Other segments, such as sportswear and woolen & thermal wears are also expected to witness a rapid growth in the coming years.

Our report "China Apparel Market Outlook 2016", is the outcome of extensive research and objective analysis of the textile and apparel market in China. Our research includes study of apparel market size and analysis of apparel market by category in the country including segments such as men's wear, women's wear, children's wear, casual wear, sportswear and specialized clothing. Additionally, the report exhibits the emerging trends in country coupled with the analysis of textile material production in China which further includes study of existing trade scenario in the country. Other than that, to provide a comprehensive knowledge, the research also includes the regional analysis of major textile and apparel manufacturing province in the country. We have also included the insight of current market scenario and existing competition in our report through the section of competitive landscape. In all, the report presents a comprehensive look at the sector's past, present, and future scenario.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM474.htm

Some of our Related Reports are:

- China Apparel Industry Analysis (http://www.rncos.com/Report/IM297.htm)
- Women Ethnic Wear Market in India Outlook 2015 (http://www.rncos.com/Report/IM398.htm)
- Women Innerwear Market in India Outlook 2015 (http://www.rncos.com/Report/IM399.htm)
- Women Western Wear Market in India Outlook 2015 (http://www.rncos.com/Report/IM400.htm)
- Indian Women Wear Market Forecast to 2015 (http://www.rncos.com/Report/IM385.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: china apparel industry

Categories: Apparel

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