Report Overview
China continues to be the world's largest supplier of children's wear, with exports still achieving double-digit annual growth. Overseas shipments are expected to remain strong this year, mainly due to the elimination of all garment quotas in the EU, the country's largest market.
Even as suppliers anticipate growth, however, caution tempers expansion plans for the year. Worries over a reported economic slowdown in the US, as well as the possibility that limits may once again be imposed by the EU are keeping capacity upgrades to a minimum.
Other pressing challenges, including rising material and labor costs, lower export tax rebates, and the continued appreciation of the yuan are seen as the catalysts for a 5 to 10 percent increase in export prices this year.
Suppliers are generally moving higher up the value chain to obtain better margins. Companies are focusing largely on branding, and enhancing designs with more functional materials and decorative elements.
With the help of this report, you too can profit from this evolving industry.
This report will answer questions such as:
| • | What strategies are companies implementing to keep price increases at a minimum? |
| • | Which makers will shift market focus and where? |
| • | How are suppliers meeting international regulations concerning toxic substances? |
| • | What changes have been made to sourcing strategies, manufacturing techniques and QC tests to comply with these new regulations? |
| • | What value-added features will new releases have? |
| • | How do production hubs differ in terms of product offerings and pricing? |
| • | And much more... |
With profiles of 56 suppliers, a comprehensive industry overview, and detailed product and pricing information, this report will help you qualify suppliers before your next sourcing trip to China.