2019 China Women's Wear Industry Market Size Forecast: Women's Clothing Size Is Expected To Exceed 10000 Billion (Figure)
China intelligence network news: the total sales volume of China's clothing market in 2018 reached 2 trillion and 77 billion yuan, up 7.8% over the same period last year, the highest growth rate since 2014. Influenced by the upgrading of consumption and the steady demand of local consumers after raising their living standards and incomes, the Chinese clothing market reached the highest value in 2017 and continued to rise in 2018. But economic instability has brought great challenges to the development of the clothing market. The year-on-year growth rate of China's clothing market is expected to drop to 3.5% in 2019 and sales volume of 2 trillion and 150 billion yuan.
From the perspective of market segmentation, women's clothing is still the largest market share in China's clothing market in 2018. Sportswear and children's wear outperformed women's wear and men's wear in 2018, and they all gained two digit growth rates. However, due to the overall instability of the overall environment, it is expected that all sub sectors of the clothing market will decline in 2019.
Data sources: Euromonitor Inter national, China Business Research Institute collate
Data show that in 2018, China's women's wear market sales amounted to 999 billion 100 million yuan, up 7.6% over the same period last year. Under the influence of market saturation, the growth rate of women's wear market is declining year by year. But in 2017 and 2018, the year-on-year growth rate was 6.3% and 7.6% respectively. Overall, due to the instability of the overall market, the women's clothing market is expected to grow significantly in 2019, which is expected to reach only 2.7%, and the market size is expected to exceed 10000 billion yuan.
Data sources: Euromonitor Inter national, China Business Research Institute collate
For more information, please refer to the "2019-2024 year Research Report on the market prospect and investment opportunities of China's garment industry" issued by the China Industrial and Commercial Research Institute. At the same time, the China Industrial and commercial research institute also provides solutions such as industrial big data, industrial planning and planning, Industrial Park planning and industrial investment promotion.
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