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The development of luggage

Update:04 Aug 2016

After 20 years of rapid development, China's luggage industry has accounted for more than 70% of the global share. China's luggage industry has occupied a dominant position in the world, not only the global manufacturing center, but also the world's largest consumer market. The annual sales of China's luggage products have reached 500 billion yuan. China's luggage industry is facing unprecedented challenges. Under the impact of factors such as labor shortage, rising raw material prices, appreciation of the renminbi, and accelerated pace of industrial transfer, it not only brings many unstable factors to the domestic and foreign sales of the luggage industry, but also makes the survival and development of the luggage and exhibition industry into an awkward situation. The role heralds the era of the big reshuffle of China's luggage and exhibition industry.

With the development of the luggage manufacturing industry, China’s luggage industry exhibition has also sprung up. In addition to the mainstream exhibitions in major cities such as Hong Kong, Guangzhou, Shanghai and Beijing, the luggage industry exhibitions in major industrial bases have emerged in an endless stream. More mature exhibitions in Jinjiang, Wenzhou, Dongguan, Chengdu and other places.
After the 21st century, Chinese companies have also increased their participation in domestic and foreign luggage exhibitions. Almost every quarter, every exhibition has a large number of Chinese companies participating. The appearance of many enterprises at domestic and foreign exhibitions has played a very important role in promoting the production and trade of China's luggage industry.
With the readjustment of China's luggage industry and the arrival of the era of major reshuffle. China's luggage industry is forming a new industrial pattern. The factors that affect the transfer of these traditional labor-intensive industries mainly depend on the cost of land, labor, market logistics, and the matching of upstream, midstream and downstream industries, of which land and labor are the most direct factors. Faced with the sudden reshuffle of the industry, is it to retreat, close the door, or practice hard, pioneer and innovate, meet the difficulties, seize the development opportunities of industrial adjustment, and carry out a new round of major development, this is placed in the business Two roads in front of us.