New Development of Textile and Garment Industry: Domestic Demand as the Main Driver of the Industry

After the financial crisis, exports were weak. The global economic sluggishness brought about by the financial crisis in 2008 severely affected China's textile exports, and the growth rate continued to decline. Textile and apparel exports rose 20% year-on-year in 2011. The growth rate was 3.6% lower than that in 2010, while the growth rate of exports was close to zero. From January to April 2012, China's textile and apparel exports totaled 71.03 billion yuan, a year-on-year increase of 1.07%, a decrease of nearly 26% from the same period of 2011. China's textile and garment exports are mainly affected by two factors: On the one hand, the economy of major textile exporting countries in China has stagnated after the financial crisis, and international trade protectionism has risen again. On the other hand, China's labor costs have risen rigidly and the value of the country’s labor force has continued to rise. The spread of cotton at home and abroad has widened and reduced the international competitiveness of textiles.

Domestic demand has become the main driving force for the development of the textile and apparel industry. Since September 2010, the cotton price has fallen by 42% in 16 months. The cotton price fluctuates violently and the cost rises. These uncertain factors have led to a wait-and-see attitude in foreign markets, and the export orders of textile and garment companies have decreased. Faced with the plight of the external market, leading enterprises led the industry to actively carry out structural adjustment, and continued to promote export-to-domestic sales to accelerate industrial upgrading. Textile and apparel retail sales have achieved rapid growth in the past five years, which is faster than the growth rate of consumer goods. At the same time, the urbanization rate in China has been rising rapidly year by year, and the income levels of urban and rural residents have continued to increase. This has provided strong support for the consolidation of domestic demand, especially in the expansion and development of branded enterprises, the growth of retail sales is largely due to the relatively strong domestic demand. Driven price increases. Despite the lack of external demand, the European and American markets were relatively sluggish. In the first half of this year, the overall sales of the domestic apparel market maintained a growth rate of 9.82%. The steady improvement in domestic demand has made the domestic market the main driving force for the gradual recovery of the textile and apparel industry.

Brand clothing has obvious advantages and is worth long-term investment. After the financial crisis, the prosperity index of textile and apparel companies gradually recovered, and the total investment in the textile industry grew steadily. The total investment in 2011 increased by 36.33%, but the number of newly started projects only increased by 2.27%. As the debt crisis in Europe worsens, the market in the United States and Japan is gradually recovering, and China’s trade volume with ASEAN has increased significantly. The export situation may improve in the second half of the year. On the other hand, the domestic monetary policy is loose, and interest rate cuts will continue. Under the support of taxation and fee reform and loose credit, consumer confidence will rebound and the possibility of an industry warming will increase. Branded apparel companies still maintained rapid growth, and gross profit margins remained high in consumer products. Men's wear, women's wear, leisure, and outdoor companies are all rapidly expanding in the domestic cities in a short period of time, and their sales revenue and sales profits are growing rapidly. Due to the trend of high-end consumer demand, business apparel and high-end brands are less affected by the weak market, and high-quality brand apparel stands out in the retail industry. With the effective implementation of the effective destocking mechanism, the inventory issue of branded apparel has been properly resolved. This provides an environment conducive to a moderate increase in prices in the second half of the year. It is expected that this year's earnings will be low and high. Secondly, business-grade high-end garment enterprises have high management and operation capabilities, and their products have outstanding cost-performance advantages and long-term investment value.

Endless Felt For Aluminium Extrusionis a kind of high temperature Felt Belt (Endless type Belt ), Endless Belt is made of different resistant raw materials and could withstand different high temperatures from 180℃ to 600℃.Seamless Belt mainly used for the cooling table in the aluminum extrusion factories.


Specification of our Needle Endless Felt Belt:

Product Number

Color/Temperature resistance

Composition

HPK-B

Brown+Yellow /600℃

Pbo + Kevlar +one layer Nomex base cloth

HKN-B

Yellow /480℃

100%Kevlar+one layer Nomex base cloth

HNN-B

Off White /280℃

100%Nomex+one layer Nomex base cloth

HPP-B

White /180℃

100% Polyester +one layer Nomex base cloth

Available Size

(mm)

Width: 20---2000

Length: 540---13500

Thickness: 6---12


Our Endless Felt Belt Application:

HPK-B ---- First-class cooling bed for the production line of large aluminum profiles

HKN-B --- First&Second-class cooling bed for the production line of aluminum profiles

HNN-B --- Third & Forth-class cooling bed for the production line of aluminum profiles

HPP-B --- Third & Forth-class cooling bed for the production line of aluminum profiles


Product Show:

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Endless Belts

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