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It Will Be Listed On The Hong Kong Stock Exchange. In 2020, The Market Size Of The Global Household Casual Wear Industry Will Exceed 1 Trillion And 500 Billion Dollars.

2019/7/22 17:26:00 43

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China business intelligence network: HKEx disclosed the prospectus of Chiron Holdings Limited (hereinafter referred to as "the Dragon Holdings") in March 1st. It is understood that JIT lung holdings was established in 1983 to provide garment manufacturers with a one-stop clothing solution for the development of pajamas and household casual wear products. The company has production facilities in Phnom Penh, Kampuchea and Henan, China, which were put into operation in 2011 and 2014 respectively. Since 2015, the company has also started producing cloth in the Henan workshop, and accordingly produces grey fabrics, which are mainly used as raw materials for pajamas and household casual wear products and are sold to third party garment manufacturers.

With the continuous improvement of people's living standards and the rapid development of pajamas and home furnishing industry, people are not satisfied with the various styles of clothes, and gradually begin to pay attention to the quality of home life. Home clothes are also changing with people's pursuit, bringing new patterns and new opportunities. Home furnishing industry has shown broad prospects for development.

According to the statistics of China Commercial Industry Research Institute, the global garment retail industry showed stable growth from 2013 to 2017, with an average annual compound growth rate of 3.6% and a total retail value of over 13000 billion US dollars. It is predicted that 2018-2022 years will continue to show a steady growth trend, with an average annual compound growth rate of nearly 5%. From pajamas and household casual wear, although pajamas and household casual wear account for only about 2.2% of the total retail market in 2017, the annual compound growth rate is about 4.4%, which has exceeded the growth rate of the apparel retail industry in the same period. It is expected that by 2020, the sales of the global household casual wear industry will exceed US $1 trillion and 500 billion.

Source: database of China Commercial Industry Research Institute

For more information, please refer to the "Research Report on the market prospect and investment opportunities of China's home casual wear industry" released by the China Industrial and Commercial Research Institute 2019-2024 years ago. At the same time, the China Industrial and commercial research institute also provides solutions such as industrial big data, industrial planning and planning, industrial park planning and industrial investment promotion.

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