The tourism market is increasingly developed China's export of luggage products is still optimistic
August 20, 2021
According to the latest research from the Chinese commerce department, as the international tourism market is increasingly developed, the demand for travel goods is huge, the demand for luggage in the international market is relatively strong, and the industry is facing better market opportunities. As the world's first big bag producing country and exporting country, China's export situation of luggage is still optimistic.
It is understood that China's annual output of bags accounted for more than half of the global total. Last year, the export of luggage in China exceeded 10 billion U.S. dollars for the first time, reaching 10.81 billion U.S. dollars, accounting for 33 percent of the total export of luggage and 24.4 percent more than the same period of last year.
In order to further improve the quality and safety of China's export of luggage, the Ministry of Commerce Foreign Trade Division, AQSIQ Inspection and Supervision Division and China Light Industry Crafts Import and Export Chamber of Commerce on the 26th Canton Fair was jointly promulgated China's first "export luggage quality and safe use Manual, "which summarizes China's export luggage quality and safety testing standards, the United States, the European Union, Japan and other major markets-related technical regulations, standards and conformity assessment procedures, as well as domestic luggage enterprises to establish quality management system.
It is understood that in China's labor-intensive export products, luggage has become a more prominent product. At present, a relatively complete industrial chain including leather, textile fabrics, foaming materials, webbing, zippers, drawbars, packaging machinery and hardware fittings has been formed, and an initial coordination mechanism for industrial clusters has been formed. This is an important industry and outward direction for the economic development of China's light industry Type industrial clusters, but also included in the national "Eleventh Five-Year" period focused on the development of bulk exports of light industrial products.
It is worth noting that Wen Zhongliang, deputy director of the Foreign Trade Department of the Ministry of Commerce of China pointed out that with the appreciation of the renminbi, the rising cost of raw materials and labor, the export-oriented luggage exporters are under increasing operating pressure and profit margins are reduced while the foreign markets continue Raise the threshold for technology access, the export structure of China's exports urgently need to be optimized. China's luggage enterprises should actively respond to these foreign technical barriers, in expanding export products, based on the entire luggage industry to improve the ability of independent innovation, the implementation of brand strategy.
Recently in the 103rd Canton Fair site to see, although the popularity may not be as good as previous, but still business is booming, many buyers.