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本篇paper代写- Knit Sweaters Industry讨论了针织毛衣行业。近几年，由于针织毛衣的穿着方式多种多样，对男女都很时尚，所以发展非常快，而针织毛衣行业的利润也非常丰厚。然而，由于中国控制着针织毛衣出口市场的最大份额，它为许多进口商提供了更实惠的选择，因为与其他所有国家的价格相比，中国的价格更有可能便宜。针织毛衣行业正在随着时尚行业的变化而变化，尽管多年来该行业一直面临诸多挑战，但针织毛衣行业仍在稳定发展。本篇paper代写由51due代写平台整理，供大家参考阅读。

Knit sweater includes a broad range of product categories. It includes not only cardigans, but other products such as wool, cotton, pullovers, synthetic fibers, crocheted, jerseys and regenerated fibers as well. According to the PCI (Product Complexity Index), knit sweater rank in the 1124th among all the products. From the diverse range of product categories and the strong global impact, it is evident that Knit sweater has a huge global market that is thriving. From data collected from OEC, knit sweater falls on the 66th among the most globally traded products in China, which is the biggest knit sweaters exporter across the globe.

In terms of export, China controls 44% of the knit sweater market, which indicates its first place in the global sweater exporting industry. This can be attributed to China’s advantages of some factors such as low input rates, availability of cheap labor, as well as the high availability of raw materials. The second exporter of knit sweaters is Hong Kong with a 9.1 percent market share, followed by turkey as the third exporter and Indonesia as the fourth exporter (see Appendix). The difference between the largest exporter and the second exporter shows that China controls over a quarter of the knit sweaters industry as the other countries fight for the crumbs.

On the importer's side, the United States is the highest importer of knit sweaters, controlling 30 percent of the import market. The other importers control the additional 70% by sharing smaller portions. This includes Germany, who imports 9.1 percent of total knit sweaters, and Japan, who contributes to 9 percent of knit sweater imports as well as the United Kingdom, who imports 6.3 percent of total knit sweaters (see Appendix). 

The knitwear industry is lucrative, and knit sweaters can be worn in a variety of ways, which is fashionable for both male and female. Its diversity that it can be worn in both cold and hot weather makes it a great product to invest upon. However, as China controls the largest portion of the exporters market, it provides more affordable options for many importers as it is more likely to be cheaper in China as compared with the prices in all other countries. The Central Bank of China devalued the Yuan on 2015 and did the same thing in 2016, and this not only gives Chinese products a competitive edge in the global market, but also boosts its export industry again.

In the largest exporter of knit sweaters, China, the development of different product categories has been affected by the trends in the clothing industry. One of the reasons is that fast changes fashion trends nowadays greatly impacts the purchasing pattern of certain product categories. As the casual clothing style has become increasing popular, while the luxury segment has become affordable and readily available to the middle class at the same time, threats have been posted upon the development of the cashmere segment of knit sweater. Brands are coming up with ways of mixing cashmere with the casual trend by blending cashmere with other materials that bring comfort to the consumers.

Knit sweaters industry is changing as the fashion industry changes, and it is still growing despite the challenges that have affected the industry over the years. Factors of availability of raw materials as well as production play a significant role on impacting the affordability of a product. Other factors such as the fashion trend and consumer preference changes contribute to the development of different product categories of knit sweaters as well.

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