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2020-2026 China Wool Textile Industry Market Consumption Survey and Development Trend Analysis Report

Update:17-01-2020
Summary:

Wool spinning The spinning process of processing wool f […]

Wool spinning The spinning process of processing wool fibers into yarn. The wool fiber is mainly wool, and also includes cashmere, rabbit hair, mohair, yak hair, and other special animal hair. The wool spinning process can also be used for wool-type chemical fiber pure spinning, blending, and blending with other natural fibers. Wool fabrics, knitted fabrics, blankets, etc. Woven with pure and blended wool yarns have the characteristics of warmth, moisture absorption, elasticity, and wear resistance. Clothing made of wool fabric feels soft, plump, and scratchy. Wool yarn is also used for weaving industrial fabrics, stationery, and sports goods and carpets.
Through 40 years of hard work, the processing technology of China's woolen industry is increasing day by day, the added value of products has been greatly improved, and the product quality has been at the world's leading level. The influence of China's high-grade woolen textile products and the independent brands of enterprises in the international market continues to increase, forming a competitive advantage based on quality, innovation, and rapid response, which has become an important force on the international woolen arena.
In the first half of 2019, the wool industry achieved revenue of 3.26 billion yuan, an increase of 7.8% year-on-year. Sales growth in Q2 2019 slowed down significantly, mainly due to macro pressures, while raw materials fluctuated significantly and sales were affected. In the first half of 2019, the wool industry achieved a net profit of 190 million yuan, a year-on-year increase of 15.5%, and the growth rate was significantly higher than in 2018.

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