| Research and Markets: The Garment Trade's Next Revolution: What's likely to Change Between 2011 and 2016 Forecasts Shares of World Garment Trade for the Top 80 Supplying Countries |
| BUSINESS WIRE 09 May 2011 |
 DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/beb8bf/the_garment_trade) has announced the addition of the "The Garment Trade's Next Revolution: What's likely to Change Between 2011 and 2016" report to their offering. “The Garment Trade's Next Revolution: What's likely to Change Between 2011 and 2016” A NEW Clothesource report looks at the forthcoming revolution in the garment trade In the past 20 years, the number of garments being imported into rich countries has increased sixfold - almost entirely the result of production being relocated (and often re-relocated) for greater efficiency. But between 2011 and 2016, the market may be just as revolutionised as it was between 2005 and 2010 by some crucial changes in the trading environment. Above all, the imminent decline in the number of Chinese of working age - but also by further changes in Customs rules, in buyers' requirements, and in increasingly scarce and costly cotton and power supplies. "The Garment Trade's Next Revolution: what's likely to change by 2016" reviews the changes likely to start transforming the industry again from about 2012. The world trade in clothing underwent repeated dramatic changes between 2007 and 2010. Between 2007 and 2008, buyers forecast rapid inflation - which hardly materialised, as demand was hit by the 2008/9 recession in key Western markets. The recession in fact depressed demand far less than most observers expected - but, coinciding with the final removal of Western barriers against Chinese apparel imports, caused havoc among many garment makers outside China, and temporarily forced Chinese prices down. The end of the 2008/9 recession coincided with sharp increases in fibre and fabric prices, continuing healthy growth in China's domestic market, wage rises in a number of countries and a temporary lull in new factory construction. This resulted in upward pressures on prices - but a surprisingly (to some) continuing growth in China's share of Western apparel markets. These changes were the result of both short-term changes in the trading environment and of fundamental, long-term, transformations in the influences on garment buyers and sellers throughout the world. The Garment Trade's Next Revolution 2011 Edition is the follow-up to the best-selling 2010 edition. Fully updated to reflect sales, prices, issues and rules in late 2010, it forecasts the world up to 2016, and national shares of the world garment trade for the top 80 supplying countries. Key Topics Covered:
Some of the Countries Covered:
For more information visit http://www.researchandmarkets.com/research/beb8bf/the_garment_trade
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