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What is the development trend of the clothing industry?

In recent years, apparel consumption has shifted from a single cover the body to avoid the cold of subsistence-oriented consumer demand to fashion, culture, brand, image of the consumer trend. In China's huge market domestic demand has become the main source of power for the steady growth of the domestic apparel industry, with the continuous increase in per capita disposable income and social openness continues to improve, whether urban or rural residents, for clothing consumption is still growing.

With the advent of the big data era, people are getting closer and closer to the essence of things, outlawing redundant procedures, and pointing directly to the core value of things. As a result, the channel hierarchy in the apparel industry has been extremely compressed, and the chain between the factory and the consumer will be shortened indefinitely.

The improvement of living standards, obesity has also begun to popularize in the world. Data from the World Health Organization shows that in 2016, more than 1.9 billion adults were overweight, of which more than 650 million were obese (390 million women and 281 million men), and more than 340 million children and adolescents were overweight or obese.

The growing number of overweight and obese women has led to an increase in demand for plus-size women's clothing, who not only want clothing to fit their body type, but also to conform to the latest fashion trends. As a result, plus-size women's apparel has become the fastest growing sub-segment under women's apparel.

Based on different product types, plus-size women's apparel can be categorized into tops, T-shirts, dresses, underwear and pants. Of these, underwear will be the fastest growing during the forecast period.

In terms of age, consumers between the ages of 25-45 dominate the market and are expected to show a similar trend in the coming years.