China's US$2 billion
women's undergarment export industry is facing barriers at home
and abroad that threaten to limit the explosive growth suppliers
anticipated post-quota.
In 2004, total outbound shipments increased 20 percent from 3.5
billion to 4.2 billion pieces. Exports to the United States and
the European Union increased in the first quarter of this year,
but were down 17 percent overall despite quota elimination as a
recent government-imposed tax affected growth in low-value products.
Apart from this, the US has imposed a safeguard on imports of
China-made panties and those on bras may be reimposed following
a surge in shipments in the months after quotas were eliminated
at the beginning of the year.
The following are some of the
key trends we see in China's women's undergarment industry: |
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Even with the safeguards and export tax,
the majority of women's undergarment makers will be significantly
increasing capacity to meet overseas demand from countries
other than the US. |
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Although increasing production costs will
continue to be an issue of concern for women's undergarment
makers in China, US safeguards and the export tax will play
a more vital role in makers' pricing strategies. While about
half of the suppliers are keen on keeping export prices
stable in the next 12 months, those affected most by the
tax will definitely raise quotes. |
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Bras will gain a greater share in exports
as more makers reduce output of panties. The export tax
has hit suppliers of low-end panties the most, and these
makers are focusing production on bras instead, which are
not levied. |
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Many women's undergarment suppliers in China also offer models
for men, and some produce swimwear as well. This report features
suppliers that focus mainly on women's undergarments, the production
of which generally accounts for more than 50 percent of their total
output. This report also profiles major women's undergarment suppliers
in China that contract manufacture for established international
brands such as Wacoal, Victoria's Secret and La Perla.
These suppliers export bras, panties, girdles, slips and camisoles.
Most are offered separately but some are shipped in sets. All these
products are included in this report.
Almost all women's undergarment manufacturers produce panties
and bras, and there are some that specialize in just one line. More
than 60 percent of suppliers featured in this report produce all
three kinds of women's undergarments for export, and more than 50
percent have bras as their main product line.
The Products & Prices section in this report discusses the
main features of each type of women's undergarment and its price
range. It also explains the differences between low-end, midrange
and high-end models in each product category.
Product development and design focus are discussed in the R&D/design
section, while the Materials & Components module details the
main fabrics used by China makers.
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