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In 2016, there were 15,715 clothing companies of above designated sizes (annual sales revenue of over CNY 20 million). They produced 31.452 billion pieces of clothing, decreasing by 1.64% YOY.
In this report, CRI analyzes 10 textile accessories manufacturers listed in A-share market in China.
In 2016, the sales revenue of the cotton textile industry was CNY 2,256.2 billion, increasing by 4.3% YOY over 2015; gross profits were CNY 115.7 billion, increasing by 2.6% YOY; export delivery value was CNY 99.8 billion, increasing by 3.6% YOY.
CRI research indicates that in recent years, Chinese household textile industry remain has been developing slowly. In 2016, the overall growth rate of Chinese household textile industry was no more than 4%.
In 2015, the export value of textiles was USD 11.53 billion in China with a decline of 2.3% YOY which was mainly caused by the increasing costs.
Up to the end of 2015, there were nearly 2,000 home textile enterprises whose annual sales revenue exceeded CNY 20 million.
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