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China's Booming T-Shirt and Polo-Shirt Industry is Poised for More Than 30 Percent Export Sales Growth in 2005

Posted on: Friday, 14 October 2005, 12:00 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c25926) has announced the addition of T-shirts & Polo Shirts in China to their offering.

China's booming T-shirt and polo-shirt industry is poised for more than 30 percent export sales growth in 2005. At US$3.3 billion, exports in the first nine months of 2004 already surpass 2003 shipments of US$3.2 billion. By the end of this year, exports are expected to cross the US$4 billion mark.

Japan is China's largest export market, absorbing close to US$2.5 billion worth of T-shirts and polo-shirts from January 2003 to September 2004. South Korea and Australia are second and third, importing US$447 million and US$361 million worth, respectively, in the same period.

The garment and textile quotas that have been in place since 1974 limit exports to the United States and the European Union. The US is currently Chinas fourth largest importer, absorbing some US$268 million worth in the same 21-month span, while exports to the EU amounted to US$559 million.

The quota system ends this year, and despite the possible safeguards that might be imposed on China T-shirts and polo-shirts, suppliers are already preparing for an exports surge post-quota.

This report provides 15 in-depth profiles of major T-shirt and polo-shirt manufacturers, providing detailed information on product offerings, manufacturing capabilities and future plans. Short profiles of 58 additional suppliers are provided with key facts such as output capacities, production checklists, export ratios and major export markets. The study includes a product gallery of 102 best-selling T-shirts and polo-shirts for men and women, with full-color pictures and detailed descriptions. The results of the latest supplier survey, summarizing price, product, production and R&D trends for the next 12 months are provided.

Benefits of this report:

- Single out manufacturers that produce T-shirts and polo-shirts for retailers such as Wal-Mart and Kmart, and for sports brands like Nike, Adidas and Reebok

- Find out how new materials -- such as DuPont's Sorona fibers (polymers that lend better stretch, recovery and stain resistance to fabrics) -- will be used in upcoming T-shirt and polo-shirt designs

- Get a detailed price guide that includes basic features and price ranges of low-end, midrange and high-end T-shirts and polo-shirts

- Identify suppliers that have vertically integrated production systems, in which the knitting, printing and dyeing of fabrics are done in-house

- Discover the comparative advantages of sourcing from trading companies vs. manufacturers

For more information visit http://www.researchandmarkets.com/reports/c25926

Source: Business Wire

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