The apparel industry is one of the oldest and largest export industries in the world. It is also one of the fastest growing global industries, as most developing nations manufacture textiles for the international textile and apparel market. Regenerated cellulose is majorly used in the manufacturing of textiles and apparels, especially through its derivative, viscose staple fiber.  The textile industry is an ever-growing market with China, United States, European Union, and India being the major contributors. China, alone, accounts for approximately 1/4th of the global textile industry. China is the largest clothing producer in the world and has the largest production capacity for textile products consisting of cotton, manmade fibers, and silk.

Ease of mobility, innovation in functionality and style, and the demand for ergonomically designed carriers are the key reasons for the popularity of the baby carriers around the world. Unlike prams and strollers, baby carriers are preferred, as they increase the physical and psychological connection between the infant and the parent. Apart from providing ease of mobility and hands-free convenience, baby carriers have reduced the number of products that need to be carried while parents are out with their babies, majorly driving the demand for baby carriers. The industry’s growth has also been supported by an increasing number of certified babywearing consultants (people who are trained to teach others about the safe and comfortable use of baby carriers) and organizations, like Babywearing International, that seek to educate parents and other caregivers about how to use wraps and slings.

The disposable innerwear is a widely used product throughout the globe. The major consumers of these products include the healthcare and spa & salon industries. In addition, global economic growth has played a vital role in fueling the demand and consumption in this market. The market growth depends on several factors such as rise in consumer spending potential, urban development, and more focus on hygiene. Apart from the growth of the global disposable innerwear market, the growth of several industries such salon & spa, healthcare, and travel, among others, can be witnessed in recent years. Moreover, these industries are the major consumers of disposable innerwear. However, the market is witnessing a high degree of vendor fragmentation as well as unorganized players in developing nations.

2019 年以来纺织服装行业指数（SW）的绝对收益率为 4.71%，沪深300 为 26.70%。分板块看，纺织制造板块绝对收益率为 4.09%，服装家纺板块为 4.88%。

1-11 月化妆品社零额同比增长 12.7%，维持高景气度，且增速位居所有消费品类前列；2）竞争格局：国际中高端品牌借形象重塑及电商布局实现快速增长。本土大众品牌表现分化，积极拥抱新渠道和营销模式的新锐品牌和转型传统品牌表现优异。3）基本面及行情复盘：板块基本面增速优异但内部公司分化明显，珀莱雅和丸美等具备一定差异化产品实力且在渠道布局切换下表现突出；在上述品牌基本面支撑以及多个新股上市提振下，板块大幅跑赢大盘。

2019年 11 月淘宝服装类销售额均有所增长，其中女装主要是受价格提振，男装、童装、运动、家纺由销量带动增长。由于“双 11”的影响，消费者集中在 11 月消费，各子行业的增长幅度均达到全年最大，运动行业仍然是服装行业的最佳赛道。