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Textile Industry 2019 Outlook

  • Author:Junqian Nonwoven
  • Source:Junqian Nonwoven
  • Release on:2019-05-27
Looking forward to 2019, it is difficult tocompletely change the complex and severe external environment facing the textile(Polypropylene Non-woven Material Supplier) industry. Various uncertainties and uncertainties still exist, butpositive factors are also accumulating. On the one hand, global economic andtrade growth is expected to slow, and demand for textiles and apparel in the international market is unlikely to improve significantly in the short term.The risk of international trade environment is rising. The potential impact of Sino-US trade friction on international purchase orders and global supply chainlay out will gradually emerge, and the export pressure of the textile industry will continue to exist. The domestic macroeconomic downward pressure is relatively large, and domestic consumption hot spots pay more attention to the improvement of services and consumption. The textile(Embossed Non-woven Fabric Wholesale) industry faces many challenges intapping the domestic market potential. On the other hand, due to the expected economic slowdown, the global monetary liquidity contraction will slow down,and the currencies of various countries will remain moderately accommodative.It is expected that the market confidence will recover and the international market demand is expected to gradually stabilize. China's macro economy isrunning smoothly. In the first quarter, the economic growth level was better than expected, and the consumer confidence index and per capita income growth were better than the same period last year. All of this will provide strong support for the gradual improvement of the domestic demand market. Further optimize the domestic policy environment, increase cotton import quotas, reduce value-added tax, reduce the scale of fishing for workers' social security units, reduce industrial-oriented quasi-reduction and a series of electricity prices, so as to reduce the burden on enterprises and stimulate the vigorous development of high-quality development policies and measures. And showing the effect, everything will be conducive to stabilizing the macro economy and consolidating the steady growth of domestic demand. The market environment facing the domestic textile industry will be stable.

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In general, although the exter nalenvironment is complex and changeable, the Chinese textile industry still has conditions for smooth operation. The textile(PP Non-woven Fabric Manufacturer) industry will further implementthe spirit of the 19th National Congress of the Communist Party of China andthe Central Economic Work Conference, deepen the structural reform of the supply side, vigorously promote quality development, actively stimulate the potential of domestic demand, strive to stabilize the international market share, and strive to maintain stability. healthy growth.