Textile enterprises should develop rapidly in the inner volume

In 2023, the keyword of the textile industry is "change", the international situation is changing, the economic situation is changing, and the textile industry is also changing. Now, the "great changes not seen in a century" are still continuing, and textile people will face new challenges in the New Year.

In 2023, one of the most common words heard by textile people is "roll".

The market is too big, the new loom capacity is too much, more than 800,000 water jet looms, and the expanding jet, knitting and other production capacity, the domestic production of a variety of cloth more than 50 billion meters a year. Although the "clothing" inside the food, clothing and transportation is just needed, there is a fixed demand every year, but the number is always limited, and the current production capacity has far exceeded the demand.

Therefore, the real feeling of textile enterprises is that as long as it is a conventional variety, it is difficult to sell the price, the profit is very thin, there are too many competitive products on the market, the price is very transparent, old customers are useless, as long as the price is high, customers will run out.

In 2024, the trend of the transfer of weaving capacity to the central and western regions is far from stopped, and the capacity expansion of some large weaving enterprises has been included in the planning, and overcapacity will not be alleviated, but may continue to intensify.

Many textile enterprises have reflected that the payment for goods for 23 years is difficult to collect, and it is common to default on the payment for goods for one or two months, mainly because of the money shortage.

Consumers choose to control consumption under pessimistic economic expectations, reduce the amount of textile consumption, and the living water flowing into the source of the market is less, and there is a "money shortage" in the textile industry.

In 2023, in the "money shortage" risk accumulation stage, the overall risk of the market is still controllable, but after a year of contradiction accumulation, there may be more textile enterprises in 2024 into a tight situation, enterprises are trapped in financial pressure, holidays, production cuts may be more frequent. We also see that some enterprises have the risk of cash flow fault, which has an impact on business operations.

When the problem arises, the way to solve the problem is often contained in it. The textile market continues to roll, in order to survive, a large number of textile enterprises in the competition to improve themselves, because the current market, do not develop is likely to be eliminated.

In the fierce competition, the textile industry technology has been rapidly iterated, and some of the company's past ills have been exposed. The market continues to survive the fittest, new products, new technologies, new concepts emerge in endlessly, and the market competitiveness of enterprises is rapidly increasing with the development of time.