Brief Introduction Of Home Textiles Development

In 2009, a fierce financial crisis caused China's textile industry to experience the coldest "cold winter" in 30 years of rapid development. According to the survey, 45% of home textile companies in the country are at a loss, and at the worst, 19% of small and medium-sized home textile companies in Nantong shut down. With the support of the country's policy of stimulating domestic demand, the home textile enterprises that originally relied on export processing turned to domestic sales, and under the conditions of channels and brands, they were "unacceptable" and precarious. 2009 was an extraordinary year for China's textile industry. 2010 was the saddest year in the history of the home textile industry. During this year, cotton prices soared threefold, causing many textile companies to suspend production, which led to a priceless market for fabrics. In the general environment, home textile companies have to raise prices. At the same time, due to the negative impact of the real estate industry, the proportion of home buyers has fallen sharply. According to industry statistics, the sales of home textile companies in 2010 fell by an average of 13 points compared with 2009.