25 – 27 August 2021
National Exhibition and Convention Center (Shanghai), China
Issue #5
Functionality – a leading trend in China’s fibre and yarn market
According to Euromonitor, China’s sports apparel and footwear market grew by 17% in 2019, a much higher increase than the global average growth rate of 7%, while its market size reached USD 45.95 billion. Read on for more information about the sportswear sector in China and how Yarn Expo can help you promote your functional fibres and yarns in this promising market.
Sportswear market in China and opportunities for functional fibres and yarns
As one of the first countries to witness a rebound from the pandemic, the Chinese market has observed high potential for the sportswear sector. With more consumers adopting active lifestyles, along with the drastic increase in the number of gyms available and with an overall growth in consumption levels, China’s sports apparel and footwear industry will continue to develop at a relatively high speed in the future, with a market size of USD 91.84 billion predicted for 2025. Domestic sportswear brands such as Li-Ning and Anta are also increasing their market share, having recorded an average sales growth rate of 30% to 40% in the first half of 2020.
As a result, there is an increase in demand for functional fibres and yarns in China. Spandex, a chemical fibre known for its extensibility, breathability and durability recorded a 5.16% import growth rate in China in 2020, accounting for USD 176.97 million. The fibre was mainly imported from the US, Korea and Taiwan. So don’t miss out on the opportunity to attract Chinese sportswear brands and manufacturers with your functional fibres and yarns at Yarn Expo Autumn!
Yarn Expo, an influential trade platform for functional fibres and yarns
“Exhibiting at Yarn Expo brings us new business cooperations every year. We think that Yarn Expo is competitive as a renowned fair in the industry. A wide variety of products and innovative products can be found here, which attracts more visitors and makes this fair more promising compared to others. We see a lot of potential in Asian markets, as there are more skilled workers, factories and technological advancements.” Mr Praveen Sharma, Head Overseas Spinning Business, Aditya Birla Group, Indonesia
“We have met with visitors from different markets and regions at Yarn Expo, so this has provided us with many opportunities and has widened our market strategy. We have had a lot of customers looking specifically for functional yarns. Yarn Expo is a more targeted place that suits our business needs.” Mrs Emily Chiang, Marketing Department, Tung Ho Textile, Taiwan
Act now and reserve your booth
Yarn Expo Autumn 2021
25 – 27 August 2021
Shanghai, China
Expand your market coverage and enjoy a special package
Yarn Expo Shenzhen, which will take place from 3 – 5 November 2021, covers the ladieswear and leisurewear markets in South China. It provides an ideal platform to tap into the potential in the region. Enjoy a special discount if you exhibit at both Yarn Expo Autumn and Yarn Expo Shenzhen.