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- Most Chinese Baby and Children's Wear Companies Cut Export Prices By Up To 10 Percent During the Past Three Months of 2009
Most Chinese Baby and Children's Wear Companies Cut Export Prices By Up To 10 Percent During the Past Three Months of 2009
- By Maxamillion Blick
- Published 10/7/2009
- Childrens Clothing
- Unrated
Maxamillion Blick
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Research and Markets has announced the addition of the "China Sourcing Report : Baby & Children's Wear" report to their offering.
The baby and children's wear industry in China is optimistic of export sales growth, despite slow global economies. Turning in approximately $10 billion in overseas sales in 2008, the more than 10,000 manufacturers in the line are confident that export revenue will improve by up to 10 percent in the months ahead.
This positive outlook is due to several reasons, foremost of which is an industry-wide shift to upscale manufacture. Suppliers believe doing so will help them gain an edge over competitors, especially since the market is already saturated with low-end models.
Companies are also adjusting their order requirements and accommodating buyers' requests. For instance, several makers now only need a minimum of 100 pieces to confirm a transaction. In the past, as many as 1,000 garments were required.
Suppliers believe such measures would entice clients to place repeat orders, thereby ensuring sustained growth.
This report focuses on the main baby & children's wear exported from China -- rompers, shirts, blouses, skirts, dresses, shorts and pants for babies and children.
What you'll get
- In-depth profiles of 31 major suppliers with a comprehensive look at their manufacturing and export capability, verified contact details, and more - this information is not available anywhere else
- 123 full-color images that depict popular baby & children's wear export models, complete with product descriptions, prices, minimum order requirements and delivery times
- Verified supplier contact details of an additional 22 exporters, including names, e-mails, telephone numbers and websites
- Supplier information in tabular format to help you compare companies at a glance
- Results of the custom-designed supplier survey, which forecasts industry trends for the next 12 months
- An extensive overview of the industry discussing the main challenges facing suppliers
- An in-depth examination of the supplier base highlighting key characteristics of the different types of companies
- Details of the primary production centers
- An update of the latest trends in design, R&D, materials and components
- A review of the key factors that influence the price and quality of low-end, midrange and high-end products
- Comprehensive pricing tables featuring export price ranges
Who should read this report
- CEOs, Directors, Presidents, Business Owners
- Export/ Import Managers, Sourcing Representatives, Sourcing Engineers, Supply Chain Directors, Procurement Managers, Agents
- Sales Executives & Managers, Marketing Executives & Managers, International Buyers
- Business Consultants, Investment Managers
- Anyone who needs to understand the China supply market
In this report
- 31 in-depth company profiles
- 22 additional suppliers
- 123 top-selling export products
- Supplier demographics
- Supplier survey
- Industry statistics & charts
The following are some of the key developments we see in China's baby and children's wear industry:
Most companies cut export prices by up to 10 percent during the past three months. This came as a result of lower material outlay and a more stable yuan. But growing demand for costly environment-friendly fiber and increasingly stringent product safety requirements are pushing up expenses. Even traditional fibers such as cotton are also becoming more expensive. If costs continue to rise, suppliers may have to raise quotes in the next six months, but only by up to 3 percent.
Despite material sourcing and testing difficulties, more businesses will be releasing designs made from environment-friendly fibers such as organic cotton. Textiles with UV, static and bacterial resistance will see increased usage as well.
Although a growing number of manufacturers are moving upmarket, OEM will continue to dominate shipments. High investment costs, inexperience in branding and the difficulty in setting up sufficient distribution channels are holding back many companies from venturing into OBM.
China suppliers produce rompers, shirts, blouses, skirts, dresses, shorts and pants for babies and children. These are also the scope of this report. Each product category has its own section with details on the features and prices of low-end, midrange and highend models. The manufacturing and QC processes are discussed for the key products as well.
The section also elaborates on the industry composition, highlighting key characteristics of the different types of companies. The Industry Overview illustrates the steps suppliers are taking to move upmarket. Further, it discusses the challenges that companies continue to face. The baby and children's wear export manufacturing industry in China is comprised of mostly small and midsize companies. Approximately 75 percent of all suppliers are private locally owned companies, and the rest have foreign participation.
The provinces of Guangdong, Zhejiang and Jiangsu are the main production centers. Each of these hubs contribute approximately one-fifth of national exports in the line. Reflecting this structure, nearly 80 percent of suppliers profiled in this report are private local businesses. About one-fifth have participation from Hong Kong companies and the rest are foreign-invested. More than 20 percent of featured companies come from Zhejiang, 10 percent from Guangdong and 6 percent are from Jiangsu.
For more information visit http://www.researchandmarkets.com/research/6a6f4b/china_sourcing_rep.
Source: Global Sources
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