bedding

China’s bedding industry grew rapidly in 2004, and market size increased sharply. Exports and foreign exchange earnings also kept growing. There is still a rather low degree of concentration in the bedding industry. On the whole, it is still a market of perfect competition. Long excessive competition has kept the overall profit level in the industry low. As people’s standard of living continues to rise and residential construction and the tourism industry continue to develop in the next few years, there will be rises in the market demand for bedding products in the market. As an emerging durable consumer product, bedding will become a new growth area and a focus of competition in the textile industry. Household textile industry is a new component of China textile industry. As its sub-industry, bedding industry also develops very quickly. In 2005, the total import and export value of China household textile industry was USD 15.384 billion, increasing 31.93％ year on year and that of bedding was USD 1.847 billion, accounting for 12％ of import and export of household textile industry and increasing 62.77％ year on year. Therefore, bedding is an important component of import and export of China household industry.