Development status of luggage

Sep 11, 2021

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China's luggage industry is facing unprecedented challenges. Under the impact of labor shortage, rising raw material prices, RMB appreciation and accelerating the pace of industrial transfer, it not only brings many unstable factors to the domestic and foreign sales of the luggage industry, but also puts the survival and development of the luggage exhibition industry into an embarrassing role, indicating that the era of reshuffle of China's luggage exhibition industry has come.

With the development of luggage manufacturing industry, China's luggage industry exhibitions have sprung up. In addition to the mainstream exhibitions in major cities such as Hong Kong, Guangzhou, Shanghai and Beijing, luggage industry exhibitions in major industrial bases emerge one after another. Relatively large-scale and mature exhibitions include those in Jinjiang, Wenzhou, Dongguan and Chengdu.

After the 21st century, more and more Chinese enterprises have participated in luggage exhibitions at home and abroad. Almost every quarter, a large number of Chinese enterprises have participated in each exhibition. Many enterprises have appeared at exhibitions at home and abroad, which has played a very important role in promoting the production and trade of China's luggage industry.

With the arrival of the era of industrial readjustment and reshuffle of China's luggage industry. China's luggage industry is forming a new industrial pattern. The factors affecting the transfer of these traditional labor-intensive industries mainly depend on the cost of land, labor force, market logistics and the supporting facilities of upstream, middle and downstream industries, among which land and labor force are the most direct factors.

In the face of the coming industry reshuffle, whether to retreat, close the door or practice internal skills, explore and innovate, meet difficulties, seize the development opportunity of industrial adjustment and carry out a new round of great development are the two roads in front of businessmen.


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