2012-08-31 11:20:33 - Online clothing sales are projected to grow at a CAGR of 58% during 2010-2013, says RNCOS in its latest research report.
Online retailing in China has shown stupendous growth over the past few years. Online retailing provides convenience, inferior prices, and wider selection. It is mainly popular among China’s young and tech-savvy generation. The increase of online retailing has brought remarkable opportunities in China. An increasing number of businesses in China are now leveraging on the Internet platform as an entry to expand their sales and marketing channels. In 2011, China’s total online retailing transaction value of apparel registered an impressive growth of around 95% compared to the previous year.
Apparel online retailing is supported by some of the major factors including online channels providing many cost advantages in offering wide collections in this fast moving industry. Compared to physical stores, online
stores are not confined to limited shelf space. Changing customer requirements and short life cycles of products can be addressed rapidly. In addition, fashionable products are mostly high value-to-weight with no chief difficulties in delivery relating to product defect during transport and expiration dates. Furthermore, the market demand for apparels is intrinsically strong.
Our report, “China Apparel Industry Analysis”, is an outcome of extensive research and analysis of the textile and apparel market in China and it also discusses the roadblocks, like increasing labor costs, which are impacting the industry’s growth. In addition, we have tried to analyze textile and apparel manufacturing regions on the basis of number of clusters, population, and land size. For providing our clients with the information regarding the competitive landscape, we have also included the profiles of key players.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM297.htm
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Check Related REPORTS on: http://www.rncos.com/Retail%20industry.htm
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.