Against the backdrop of a globally sluggish economy fraught with uncertainties like anti-globalization and trade protectionism, China’s domestic economic policies have spurred steady growth. The industrial textile sector, in particular, kicked off 2025 on a high note.
Production Situation
According to the data from the National Bureau of Statistics, from January to February, the output of nonwoven fabrics of enterprises above a designated size increased by 15.4% year-on-year. The production and supply of the nonwoven industry continued to improve, and the industry’s production capacity was continuously released. However, restricted by the inventory cycle adjustment of the automotive industry chain, the output of cord fabric increased by only 0.7% year-on-year.
Economic Benefits
Data from the National Bureau of Statistics showed that from January to February, the operating revenue and total profit of industrial textile enterprises above a designated size increased by 6.4% and 8.9% year-on-year respectively. The operating profit margin was 3.6%, an increase of 0.1 percentage point year-on-year. The impact of the base effect on the industry’s economic operation gradually subsided, and it gradually returned to the normal growth track.
In different sub-sectors, from January to February, the operating revenue and total profit of nonwoven enterprises above a designated size increased by 8.8% and 16.1% year-on-year respectively, with an operating profit margin of 2.7%, an increase of 0.2 percentage points year-on-year. For rope, cable, and cord enterprises above a designated size, the operating revenue increased by 18% and the total profit increased by 27.9% year-on-year, with an operating profit margin of 2.9%, an increase of 0.2 percentage points year-on-year. The profitability of textile belt and cord fabric enterprises above a designated size grew significantly, with the operating revenue and total profit increasing by 11.2% and 142.3% year-on-year respectively, and the operating profit margin was 3%, an increase of 1.6 percentage points year-on-year. The operating revenue and total profit of tarpaulin and canvas enterprises above a designated size increased by 5.1% and 29.5% year-on-year respectively, and the operating profit margin of 6.3% ranked the highest in the industry. The business performance of other industrial textile enterprises above a designated size, including filtration and geotextile products, declined. The operating revenue and total profit decreased by 1.7% and 22.1% year-on-year respectively, and the operating profit margin was 4.5%, a decrease of 1.2 percentage points year-on-year.
International Trade
China Customs data shows exports dipped 0.3% to $6.55 billion, yet imports rose 9.1% to $800 million. Key products like coated fabrics faced export drops, while nonwovens, hygiene products, and glass fiber textiles saw positive growth. Wipes exports, however, decelerated significantly.
Despite global headwinds, China’s industrial textile industry demonstrates resilience, adapting to market changes across production, profits, and trade.
Post time: Apr-30-2025
