“Right now, all eyes are on China and it’s recovering market” Ms Rosalyn Chen, Area Manager, Sidogras S.A , Spain
With business very much resuming in China, the textile market is moving full steam ahead on a fast track of recovery, witnessing a strong rebound and even increased growth from before the pandemic.
Over the past year, Intertextile has continued to connect the textile industry to help exhibitors and buyers capitalise on the fast recovering Chinese market and to delve into new pandemic related trends. The Spring Edition in March welcomed nearly 2,600 exhibitors from 17 countries and regions, along with 80,553 buyers.
Of course, many businesses have been restricted by travel limitations, so Intertextile has introduced a range of hybrid and online solutions to enable easy and efficient participation for overseas suppliers and buyers. These solutions will again be on offer at the Autumn Edition this August, including enhanced hybrid options, so you don’t need to miss out on the business potential. Find the right solution for your business at the end of this report.
China’s 1.4 billion population constitutes a huge and growing market for the textile and apparel industry. According to figures released by Euromonitor, China’s adult garment market was worth around RMB 2.19 trillion (USD 332 billion) in 2019, an increase of 5.2% year‑on‑year. As a result of the pandemic, Euromonitor also estimated that the size of the garment market contracted to RMB 1.99 trillion (USD 303 billion) in 2020. However, long term prospects are still promising, as the market is expected to increase to RMB 2.26 trillion (USD 343 billion) in 2021.
Ms Rosalyn Chen, Area Manager of Sidogras S.A , Spain shared their experience of joining SalonEurope at the Spring Edition: “I’m very impressed with the visitor flow these two days and we’ve been in contact with over 160 clients. Right now all eyes are on China as it is undergoing quick recovery from the pandemic. Given the huge prospects in the domestic market, we have already signed up for the Autumn and Shenzhen Editions of Intertextile this year.”
“The number of visitors is higher than last September and overall our booth has proved more popular too, so we have certainly seen a rebound of customers. So much so that we are expecting our domestic sales to have increased by about 30 – 40% compared to last year” commented Ms Jing Ren Li, Department Head of R&D Textile Co Ltd from Korea.
Mr Li Changde, Planning Director of Hong Kong Yifang Textile Co Ltd also reported on their success at the show: “Despite the pandemic and related issues, our exhibition results are better than my expectation and are actually even better compared with previous years. We’ve seen a lot of active participation from many visitors and have met nearly 1,000 customers.”
UK Fashion & Textile Association (UKFT) organised a strong British presence at Intertextile’s Overseas Zone. Almost all ‘TAP’ (Department for International Trade’s Tradeshow Access Programme) UKFT exhibitors reported around a 10 – 20% increase of visitors compared with the previous season. TAP UKFT exhibitors included: Linton Tweeds, Dugdale Bros & Co, Marling & Evans, Liberty Fabrics and Huddersfield Cloth.
Intertextile Shanghai Apparel Fabrics – Autumn Edition 2021 will be held from 25 – 27 August at the National Exhibition and Convention Center (Shanghai) alongside Intertextile Shanghai Home Textiles – Autumn Edition, Yarn Expo Autumn, CHIC and PH Value.
The fair is co-organised by Messe Frankfurt (HK) Ltd; the Sub-Council of Textile Industry, CCPIT; and the China Textile Information Centre. For more details on this fair, please visit: www.intertextileapparel.com. Information from the international textiles sector and Messe Frankfurt’s textile fairs worldwide can be found at: www.texpertise-network.com.