China’s Demand for Home Textiles to Increase in the Offing, According to New Report by CRI Now Available at MarketPublishers.com26 Jul 2016 • by Natalie Aster
LONDON – Five home textile industrial cluster areas (Shanghai, Guangdong province, Jiangsu province, Shandong province and Zhejiang province) in China together form a strong home textile industry chain. By late 2015, the number of home textile enterprises with annual sales revenues exceeding CNY 20 million was equal to 2,000 and with annual sales revenues under CNY 20 million was equal to 10,000.
The Chinese home textile market growth is likely to be hindered by changes in prices of raw materials, which accounts for a substantial part (about 50%) of the total production costs of home textile companies.
The domestic demand for home textiles in China is predicted to gain traction in the offing, owing to continuously developing economy and rising number of urban population in the country.
New in-demand research report “China Home Textile Industry Overview, 2011-2020” prepared by CRI offers a complete analysis of the Chinese home textile industry performance, including key definitions and classifications. This comprehensive research report casts light on the historic background of the market (2011-2015), canvasses the development opportunities and reviews major growth driving and limiting forces of the Chinese home textile industry. A comprehensive future outlook up to 2020 is also available in the report along with a deep analysis of the market dynamics. Trustworthy information on top five players and key competitive pressures is available in the report.
To find many other new research reports by China Research and Intelligence (CRI), please, follow to its page.