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Analysis of the clothing market

Мода и Стиль
Analysis of the clothing market

The textile and clothing industry plays an important role not only for the population, but also for the country's economy as a whole. The dependence of the domestic market on imports has a negative impact on the ability of clothing manufacturers. They have to wait a long time for the supply of fabrics and numerous accessories. Use in production only those materials that are available.

The main importers of raw materials

The country's market has faced various problems in different years. Thanks to analytics, some aspects could be predicted with a high degree of probability and negative consequences could be counteracted. However, the casual and formal wear market is still dependent on the supply of raw materials. Due to sanctions, domestic consumers of raw materials switched to suppliers mainly from the following countries:

  1. Turkey - quite diverse and high-quality fabrics.
  2. Bangladesh - the main source of numerous accessories.
  3. Vietnam is a country capable of supplying unusual fabrics for clothing.
  4. China is the widest range of textiles at a bargain price.

There are no difficult problems to solve. It is quite possible to set up the production of clothing in the required volume if domestic needs are met with textiles, accessories and other consumables. Otherwise, the domestic market will continue to experience a shortage and will be forced to purchase casual clothing necessary for the population in other countries.

Who needs analytics

Objective market analysis of clothing is equally necessary for both the manufacturer and the suppliers. Including large distributors of clothing in the domestic market, including for export. Knowing the current situation, they can set the most objective prices and pre-purchase the necessary amount of raw materials for the mass production of the most demanded clothing for the population and certain categories of consumers. Market analysis takes into account:

  1. the actual purchase cost of raw materials;
  2. the real possibilities of importers in quantitative supplies;
  3. the dynamics of price growth and their dependence on wholesale supplies ;
  4. other equally important analytical data.

Based on previous readings, experts have learned to fairly accurately predict the behavior of the market in the future. Given different scenarios for the development of the economy, suggest clothing manufacturers what to pay attention to when purchasing raw materials and producing in-demand clothing.

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