DUBLIN–(Business Wire)–
Research and Markets
(http://www.researchandmarkets.com/research/b5c837/china_sourcing_rep) has
announced the addition of the “China Sourcing Report: Fashion Accessories -
2010″ report to their offering.
China’s fashion accessories industry remains positive that 2010 will see an
overall recovery from the worldwide economic slump. In fact, most suppliers
anticipate overseas sales to climb at least 10 percent during the next 12
months.
In 2009, exports in some product lines rose as businesses boosted sales to
alternative markets. For the hosiery segment, moreover, US quota elimination
served as a boon to companies.
Other categories, however, still contracted due to weak demand. Apart from a
market rebound, caution that the recent winter snowstorms in the Northern
Hemisphere may be repeated is expected to stimulate orders for hats, caps,
gloves and scarves.
Even as export growth is forecast, however, profitability is being jeopardized
by rising material and labor outlay. Suppliers are absorbing most of the
additional expenses as price sensitivity is still a general sentiment among
buyers.
This report covers belts & buckles, sunglasses, optical frames, reading glasses,
gloves, hats, caps, hair accessories, hosiery, and neckwear.
What you’ll get
* In-depth profiles of 29 major suppliers with a comprehensive look at their
manufacturing and export capability, verified contact details, and more this
information is not available anywhere else
* 135 full-color images that depict popular fashion accessories export models,
complete with product descriptions, prices, minimum order requirements and
delivery times
* Verified supplier contact details of an additional 18 exporters, including
names, e-mails, telephone numbers and websites
* Supplier information in tabular format to help you compare companies at a
glance
* Results of the custom-designed supplier survey, which forecasts industry
trends for the next 12 months
* An extensive overview of the industry discussing the main challenges facing
suppliers
* An in-depth examination of the supplier base highlighting key characteristics
of different types of companies
* Details of the primary production centers
* An update of the latest trends in design, R&D, materials and components
* A review of the key factors that influence the price and quality of low-end,
midrange and high-end products
* Comprehensive pricing tables featuring export price ranges
Who should read this report
* CEOs, Directors, Presidents, Business Owners
* Export/ Import Managers, Sourcing Representatives, Sourcing Engineers, Supply
Chain Directors, Procurement Managers, Agents
* Sales Executives & Managers, Marketing Executives & Managers, International
Buyers
* Business Consultants, Investment Managers
* Anyone who needs to understand the China supply market
China’s fashion accessories industry remains positive that 2010 will see an
overall recovery from the worldwide economic slump. In fact, most suppliers
anticipate overseas sales to climb at least 10 percent during the next 12
months.
In 2009, exports in some product lines rose as businesses boosted sales to
alternative markets. For the hosiery segment, morever, US quota elimination
served as a boon to companies. Other categories, however, still contracted due
to weak demand. Apart from a market rebound, caution that the recent winter
snowstorms in the Northern Hemisphere may be repeated is expected to stimulate
orders for hats, caps, gloves and scarves. Even as export growth is forecast,
however, profitability is being jeopardized by rising material and labor outlay.
Suppliers are absorbing most of the additional expenses as price sensitivity is
still a general sentiment among buyers. Therefore, cost controls are presently
being emphasized.
The following are some of the key trends and developments we see in Chinas
fashion accessories industry:
* Makers are suggesting less expensive materials and fabrication techniques to
achieve buyers desired quotes and product appearance. An example is substituting
brass with zinc alloy.
* Manufacturing inputs for large orders are being procured in just one batch to
avoid future rate increases.
* Strategic alliances are being formed among businesses so that component
requirements can be pooled and bigger discounts requested. The partnerships also
foster efficiency and output consistency.
* More exporters are transferring production facilities to inland provinces to
take advantage of lower rent, utility and labor rates. China suppliers of
fashion accessories offer belts and buckles, sunglasses, optical frames, reading
glasses, gloves, hats, caps, hair accessories, hosiery, and neckwear. These are
also the scope of this report.
Each of the categories has its own section with details on the features and
price ranges of low-end, midrange and high-end models for each classification.
The manufacturing and QC processes are discussed for some of the key products.
It also elaborates on the industry composition, highlighting key characteristics
of the different types of companies.
This section provides a general review of the major export and manufacturing
hubs for each line as well.
The Industry Overview illustrates how suppliers overseas sales in the past year
are influencing growth projections. Further, it explains the measures businesses
are taking to reduce expenses.
The fashion accessories export manufacturing industry in China is comprised of
small and midsize operations, and about 50 percent have direct export
capability.
At least 80 percent of all suppliers are private locally owned companies, less
than one-fifth have foreign participation and the rest are publicly listed or
SOEs.
The provinces of Zhejiang, Jiangsu and Guangdong are the main manufacturing
centers for fashion accessories. Zhejiang contributes roughly 37 percent to
national exports in the line, while Jiangsu accounts for 13 percent. Guangdong
represents 11 percent of overseas sales.
Reflecting this structure, 84 percent of suppliers profiled for this report are
private local businesses. Nearly onehalf of featured companies come from
Zhejiang, 21 percent from Jiangsu and 17 percent from Guangdong.
Key Topics Covered:
* INDUSTRY OVERVIEW
* Supplier summary
* Production & exports
* Main production centers
* Supplier demographics
* Belts & accessories
* Eyewear
* Gloves
* Headwear
* Hosiery
* Neckwear
* Supplier survey
* Export prices, export sales, target markets, capital expenditure, challenges,
capability, R&D focus
* SUPPLIER PROFILES
* Supplier locations
* Industry composition
* Exporter ranking
* Supplier matrix
* Production checklist
* Supplier profiles
* PRODUCT GALLERY
* Top-selling export products
* ADDITIONAL SUPPLIERS
* Key products, contact details
Methodology:
To produce this report, Global Sources surveyed a wide range of suppliers.
Rather than focus simply on high-profile makers, we compiled a representative
sample of large, midsize and emerging manufacturers. All profiled companies are
export-oriented professional suppliers that may or may not be clients of Global
Sources.
The selection of suppliers is designed to reflect the composition of the
industry in China in terms of geographic spread, business type and company
ownership.
For in-depth company profiles, our research teams interviewed senior executives
and export managers who discussed their recent performance and provided price,
R&D, production and export forecasts for the next 12 months.
The interviews were done in person, by phone or e-mail.
In each case, companies were required to answer specific questions designed to
verify their manufacturing and export credentials, including their production
and export statistics, and a breakdown of exports by product type and market.
Our production checklist details the product-specific manufacturing capability
of each supplier.
All profiled suppliers participated in a survey designed to provide insight into
product and price trends, and challenges facing the industry in the next 12
months. All survey questions are single choice. Results were calculated based on
the actual number of valid responses to each question.
For more information visit
http://www.researchandmarkets.com/research/b5c837/china_sourcing_rep
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Copyright Business Wire 2010