轻工纺服行业：25H1板块运营承压，关注头部运动品牌及制造链盈利修复－纺织服装2025年中报总结

Home textile retail refers to the sale of various textiles and soft furnishings used in households, such as bedding, curtains, towels, and rugs. These products are typically sold in retail stores or online platforms specializing in home decor. Home textile retail focuses on providing a wide range of designs, materials, and quality options to cater to customers preferences for comfort, aesthetics, and functionality in their living spaces.

The global handicrafts market includes all the products that are manufactured by artisans by hand, using hand tools or small machinery, and which reflect the traditional ethos and indigenous ethnicity of a particular region. The raw materials used for manufacturing these products are mostly recyclable, industrially processed, or natural

Golf apparel encompasses the clothing and accessories worn by golfers during play. It is crafted to be both comfortable and practical, with a focus on fashion. The apparel is often made from fabrics such as cotton, which are ideal for warm or moderate climates.

The apparel market refers to the sector of the retail industry that focuses on the production, distribution, and sale of clothing and related accessories for men, women, and children. The apparel market is characterized by a diverse range of brands, styles, and price points to cater to different consumer preferences and segments. It encompasses both branded and non-branded products, with offerings that vary from high-end luxury fashion to affordable and mass-market clothing.

Global Textile Machinery Market Size and Share Analysis - Growth Trends and Forecasts

氨纶是一种性能优异的化学合成纤维，具有伸长率大、弹性模量低、 耐疲劳性好、密度小，耐腐蚀、抗老化等特点，是一种综合性能优异 的纺织原料。在织物中加入少许氨纶，就能显著改善织物性能，提高 织物的档次，是舒适、时尚的代名词。氨纶主要由 PTMEG 与 MDI 聚 合而成，下游主要应用于各类纺织产品，如运动服、游泳衣等。

从悦人到悦己，全球内衣市场规模稳健。回溯内衣行业发展史，本质上 是产品创新周期驱动品牌代际更新的历史，形成“意识觉醒→品牌狂热 →市场重塑”的演变逻辑。与服饰市场相比，内衣行业展现出更强的“统 一审美性”，功能性舒适性＞时尚性设计性，因而更容易出“大单品”。 根据 Euromonitor 数据，2024 年全球内衣行业规模达 1260 亿美元，其中 男士/女士内衣规模分别为 367 亿美元/893 亿美元，近 10 年来全球内衣 行业增速 CAGR 为 1%，展望未来，行业发展依旧相对稳定。从竞争格 局来看，欧美市场集中度高，而中国市场竞争激烈。2024 年美国/日本 CR10 占比高达 54%/70%，而中国 CR10 仅为 8.9%。

Sock refers to a piece of clothing made from soft material to cover the foot or the lower part of the leg. It is generally knitted from cotton, wool, or nylon and is worn under shoes. They are available in various colors, sizes, and materials to suit the requirement of the customer.

轻工纺服行业：内需弱复苏，泛娱乐玩具景气向上－2025年中期策略