From the Sector

As part of Messe Frankfurt’s renowned Intertextile brand, Intertextile Pavilion at the Shenzhen International Trade Fair for Apparel Fabrics and Accessories (“Intertextile Pavilion Shenzhen”) has a distinctive focus on the South China market, benefiting from this region’s promising market conditions and providing huge opportunities for exhibitors at this year’s fair.

Given its solid industrial bases and favourable geographic locations, the South China region is at the heart of China’s garment industry, and its one of its two major cities, Shenzhen, has a reputation as the nation’s garment and fashion capital. Currently, the city houses over 2,000 garment companies, 30,000 fashion designers and more than 1,000 fashion brands. In 2016, total sales of the Shenzhen garment industry exceed 200 billion RMB (around 29 billion USD), accounting for over 60% of the market share of shopping malls in China’s first-tier cities . What’s more, with reference to Hong Kong Trade Development Council’s “China Garment Industry” research, due to the growing spending power of both male and female consumers, these two markets are projected to continue their strong growth. While the consumer market for men’s garments is undergoing a growth period with retail sales expected to grow at a compound annual rate of 11.8% between 2015 and 2020, some domestic womenswear brands have started forging into the mid-range to high-end women’s garment market segments. The research also stated that most of the enterprises which own women’s garment brands such as Ellassay, Marisfrolg, Yinger and Koradior, are located in South China.

Any uncertainty about the state of the global apparel fabrics and accessories industry in the coming year was widely dispelled at last month’s Intertextile Shanghai Apparel Fabrics – Spring Edition, with many exhibitors reporting strong increases in the number of contacts and enquiries they received compared to last year. While the visitor number was up slightly on last year – 71,450 from 103 countries and regions attended (2016: 71,163 from 100 countries and regions) – what was clearly evident in the feedback from exhibitors was that the quality of buyers sourcing at the fair continues to increase. Many exhibitors also commented that they received a healthy spread of buyers to their booths, both from China as well as from key markets in Asia and Europe, and that a satisfying proportion of these buyers were new potential customers.

Reflecting the fact that Intertextile Shanghai’s reputation as the industry’s leading event to conduct business each March & October has been steadily increasing over recent years, the exhibitor number grew by 5.9% this edition to 3,341 from 26 countries and regions (2016: 3,155 from 27 countries and regions). New exhibitor countries included Denmark, Malaysia and Poland. The top 10 visitor countries and regions, excluding Mainland China, were Hong Kong, Korea, Japan, the US, Taiwan, India, Russia, Turkey, Indonesia and the UK.