Statistics On Consumption Of Footwear And Clothing In 2019 And Scale Forecast In 2020 (Chart)

China intelligence network news: in 2019, the total retail sales of social consumer goods totaled 411649 billion yuan, an increase of 8% over the previous year (6% in real terms after deducting price factors, the nominal growth in addition to the special description); in December 2019, the total retail sales of social consumer goods amounted to 38777 billion yuan, up 8% over the same period last year. From the retail situation of shoes and caps and clothing, the total retail sales of footwear and cap clothing in the country in 2019 December amounted to 149 billion yuan, up 1.9% compared to the same period last year. In 2019 1-12, the total retail sales of shoes and hat clothing above the national limit amounted to 13517 billion yuan, an increase of 2.9% compared with the same period last year.

Source: National Bureau of statistics, China Industrial Research Institute

From the perspective of growth, in 2019 1-12, the total retail sales of footwear and cap clothing increased by 2.9% over the same period last year, less than 5.1 percentage points of the total retail sales of social consumer goods over the same period.

Comparison of the growth of total retail sales of shoes and cap clothing and the total retail sales of consumer goods in 2019

Source: National Bureau of statistics, China Industrial Research Institute

In 2019, the total consumption of goods in China was 364928 billion yuan, up by 7.9% over the same period last year. According to statistics, in 2019, the total consumption of footwear and clothing above the limit accounted for 3.7% of total retail sales, the lowest value in nearly five years.

In 2019, the total retail sales of footwear and clothing above the limit reached 13517 billion yuan, a decrease of 19 billion yuan compared to 13707 billion yuan in 2018. According to the China Industrial and Commercial Research Institute, in 2020, the consumption of shoes and caps and clothing above the national limit will continue to maintain a steady trend. It is estimated that the total retail sales of shoes and cap clothing will reach 13742 billion yuan in 2020, with a growth rate of about 3.3%.

For more information, please refer to the "2020-2025 year Research Report on the market prospect and investment opportunities of China's garment industry" issued by the China Industrial and Commercial Research Institute. At the same time, the China Industrial and commercial research institute also provides solutions such as industrial big data, industrial planning and planning, Industrial Park planning and industrial investment promotion.