China's cashmere industry will show five major characteristics-industry consolidation is the trend

The industry believes that, from the domesticcashmere industry, the only way to truly embark on
cashmere industry, the status and trends, the recentthe international stage. Although there are dozens of
development of China's cashmere industry, will presentChina's cashmere industry, well-known brands, but the
the following five characteristics:"going out" but very few own brand. Brand awareness
First, our cashmere products in the international marketis low, not have their own terminals marketing channels,
share will be further enhanced. China's accession toresulting in most of the profits earned by foreign
WTO, cashmere products in exports growth, 2003,distributors. The homogenization of cashmere products
2004, two years, more than 4,500 tons of annualin China is widespread, in order to seriously
exports of dehaired cashmere exports more than 11commoditised mainly fine little differentiation, lack of a
million cashmere sweaters. 2005,2006 declined. China'sunique selling personality, our cashmere products, the
cashmere industry in resources and processingbrand internationalization path are required to the
advantages is the world no country can match anddevelopment of high-end boutique. The industry
replace. The industry believes that the future of China'ssuggested that the acquisition of foreign companies
cashmere products in the international market sharecan establish their own brands well-known brand or
will be further enhanced.specialty stores to develop their own brands.
Second, the cashmere industry, the economic growthFifth, industry consolidation is inevitable, group-oriented,
mode will undergo significant transformation. China'scentralized, intensive development is the inevitable
cashmere industry in 30 years of rapid development isdirection. After a full competition, the enterprise in order
mainly reflected in the size of the growth in quantity,to better adapt to the environment for survival, must
when the industry matured, the amount of growth thattake the initiative to move toward the joint, through
will inevitably be limited resources constraints. Themergers and acquisitions or the establishment of
future of the industry division of labor will becomestrategic partnership to build a large group, for money,
more sophisticated, the degree of specialization will becapacity, technology, human resources, customer
more high value-added products and brand influenceresources, complement each other sharing achieve
will also be growing, the cooperation between theeconomies of scale of operation and industrial
industrial chain will replace the cut-throat competitionproduction to a complete industrial chain as a whole to
within the brand of the contest will replace the priceparticipate in market competition and thereby to play
war.the industry as a whole advantage of this trend have
Third, the overall innovation will become the corebeen made to the present.
competitiveness of enterprises. Italy, England did notIn addition, industry associations will play an increasingly
produce cashmere, cashmere is the world's topimportant role. China's cashmere industry associations
brands; Guangdong, Zhejiang and do not have theare in the integration phase, has set up a livestock
resources, it does not prevent its competitiveassociation of villi in circulation Professional Committee,
cashmere industry is a rising star. China's cashmereChina Import and Export Chamber of Commerce
industry to achieve sustainable and healthycashmere branch, but also has organized the Chinese
development is the key to accelerated technologyEnterprise Confederation and China cashmere
innovation, brand innovation, marketing innovation, etc.,cashmere joint sales company. Cooperation has
overall innovation.become a global model of economic development of
Fourth, China's own brand-building will become thethe market economy and globalization imperative.