Chinese Apparel Manufacturers Eyeing Bangladesh as Outsourcing Hub

Chinese apparel market is projected to grow at a CAGR of 7% during the forecast period 2012-2016, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) March 31, 2013 - Rising apparel demand in China due to growing middle-class population is leading to higher apparel manufacturing demand. But the rising wage rates paid to apparel workers are making manpower more expensive in the country and increasing the cost of production. Driven by this growing cost of production, various apparel brands are turning away from China and seeking cheaper labor outside. As a result, Chinese apparel manufactures now started to shift their orders to Bangladesh due to the rising labor cost in the country.

As per our research, "China Apparel Market Outlook 2016", China Apparel Industry is witnessing a phenomenal growth over the past few years, owing to expanding domestic market, increasing foreign players' participation and private players' expansion. Besides that, apart from tier-I cities, rising standard of living and increasing purchasing power of people in the lower cities of the country is turning the attention of apparel retailers to tier-II and tier-III cities. Considering the above factors, the total Chinese apparel market is projected to grow at a CAGR of around 7% during the forecast period 2012-2016.

The report is the outcome of extensive research and objective analysis of the textile and apparel market in China. Our research includes study of apparel market size and analysis of apparel market by category in the country including segments such as men's wear, women's wear, children's wear, casual wear, sportswear and specialized clothing. Additionally, the report exhibits the emerging trends in the country coupled with the analysis of textile material production in China which further includes study of existing trade scenario in the country. Other than that, to provide a comprehensive knowledge, the research also includes the regional analysis of major textile and apparel manufacturing province in the country. We have also included the insight of current market scenario and existing competition in our report through the section of competitive landscape. In all, the report presents a comprehensive look at the sector's past, present, and future scenario.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM474.htm

Some of our Related Reports are:

- China Apparel Industry Analysis (http://www.rncos.com/Report/IM297.htm)
- Women Ethnic Wear Market in India Outlook 2015 (http://www.rncos.com/Report/IM398.htm)
- Women Innerwear Market in India Outlook 2015 (http://www.rncos.com/Report/IM399.htm)
- Women Western Wear Market in India Outlook 2015 (http://www.rncos.com/Report/IM400.htm)
- Indian Women Wear Market Forecast to 2015 (http://www.rncos.com/Report/IM385.htm)

Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: china apparel industry

Categories: Apparel

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