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Company News: Page (1) of 1 - 11/14/12 Email this story to a friend. email article Print this page (Article printing at page

Cotton Fabric and Yarn Manufacturing in China Industry Research Report  Now Available from IBISWorld   By PRWEB

San Francisco, CA (PRWEB) November 14, 2012

Over the five years through 2012, the Cotton Fabric and Yarn Manufacturing industry in China has been growing at an annualized rate of 15.1% to an estimated $270.5 billion. The global recession that began in mid-2008 had a major influence on the textile industries in China. Slower growth in foreign demand for apparel and fabrics resulted in lower demand for yarn and cloth in late 2008 and all of 2009. In the years that followed, the economy rebounded and the stimulus package launched by the government led to substantial growth in demand for cotton fabric and yarn products.

There are about 11,855 enterprises operating in this industry in 2012, most of which are small to medium in scale. The top four players, Weiqiao Textile, the Huafang Group, the Demian Group, and Changshan Textille, account for less than 5% combined market share. No single manufacturer dominates the industry although, geographically, the industry is predominantly located in East and South China.

Competition from other developing countries with lower labor costs will be a significant challenge to the Cotton Fabric and Yarn Manufacturing industry in China in the long term. In addition, rising raw material and energy expenses will raise operational costs while increasing competition from cotton and chemical fiber dyers, and ramie, linen and hemp processors will pushes industry product prices down. IBISWorld anticipates that there will be a restructuring of the industry to increase research investments and develop more value-added products.

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