At present, China's textile industry has encountered many difficulties in its development. There are both objective and subjective factors. What is even worse is that the textile industry is a "sunset industry." Why is clothing, the first of four basic needs of human beings' clothing, food, housing, and transportation, starting to decline?
Â
Problems faced by the textile industry
1. Long production cycle
Textile is different from most industries, and it has a fairly long production cycle. From raw materials to yarns, from yarns to grey cloths , from grey cloths to apparel fabrics, it takes a lot of time. Most domestic textile companies can only do one or two of these links. There are few companies that can form a chain from start to finish. The long production cycle has caused many "uneasy" factors in the intermediate links .
Â
2. Four high costs
From raw materials to cloth manufacturers is an industry that needs more money to operate. At present, China's textile industry is facing four major high costs, the first is the cost of labor. At present, labor costs in China's textile industry can be described as one of the highest in the world. Labor costs are 8 times higher than in India and 10 times higher than in Bangladesh . The next are: energy costs, transportation costs, and environmental governance costs. The rise in the price of cotton, oil, electricity and transportation, the introduction of various environmental protection measures, the excessive burden on enterprises, and the small profits.
Â
3. The new product is not "new"
At present , most of the "new" products developed in China do not have "irreplaceability", and many companies say that the development of new products is often "not worth the candle." The manpower and material resources for the development of new products are relatively large. No two years have passed. The investment costs for development have not yet been earned back. The same products on the market have already come out. The price war has broken out. The profits have shrunk. There is no new "red" days. The product becomes a regular product. The “homogeneous competition†in the industry is extremely severe. As for the research and development of new products, textileists generally expressed their inability.
Â
4. Increasingly improved consumer outlook
With the improvement of people’s living standards, everyone’s aesthetic and consumer attitudes are improving. Consumers now demand "cost-effectiveness." Not only do you have to be good-looking, but you have to be cheap. It would be better if you had a bit of "personality." This has caused the downstream clothing industry to frequently test pressure upstream, such as shortening delivery time, making innovations, reducing overall costs, and impeccable quality. The real estate cotton in the upper reaches of the textile industry can not use force. Only Xinjiang cotton or imported cotton can be used. Xinjiang cotton has transportation problems; imported cotton has quota requirements and costs increase intangibly.
Â
Under the new normal, new environment, and new situation, China's textile industry has made it difficult to surpass competition with low cost and economies of scale. Currently, the industry has excess capacity and excess performance. The current priority is to increase product value and adapt to different customers. Demand . Improve its competitiveness and focus on the transformation and upgrading of “ high, new, special, refined, and excellent †.
For more content, please follow this site
We are manufacturing and supplying a wide array of Waffle Cotton Hotel Slipper both in close toe and open toe These slippers are manufactured using optimum quality raw material and advance technology and can be availed in various designs and colors.Our entire range of Hotel Bath Slippers is comfortable, convenient and can withstand any kind of climate. Further, in order to attain maximum customer satisfaction, we offer customization facility with our entire product range.
Cotton Slippers,Waffle Slipper,Open Toe Waffle Slipper,Close Toe Waffle Slipper
Yangzhou Lansun Slipper Co.,Ltd , https://www.lansunslippers.com