China Apparel Industry Report: Men's wear is the fastest growing sector in Chinese market

摘要

Chinese apparel market size will reach RMB1.1 trillion in 2016, according to China Apparel Industry Report, 2013-2016. Men's wear is the fastest growing sector among others, and with the rise of the middle-class, Chinese men will show stronger preference for apparel. The report shows that in 2012-2013, China's apparel industry continues with the process of adjustment, enterprises focus on destocking, and the production grows at a low speed. In 2012, Chinas apparel output was 26.728 billion pcs, up 6.2% year on year, the growth rate declined by 1.94 percentage points. In the first quarter of 2013, China's apparel output was 5.754 billion pcs, up 1.06% year on year, the growth rate fell by 6.89 percentage points year on year.