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The characteristics of handbag customization industry
With over 10 years experience in the handbags making industry ,below is our view of this industry .Hope to share with you .
1.Production technique is simple
Compared with industrial products ,the production technique of handbags customization industry is relatively simple .It consists of several procedures including design,cutting,stitching etc
2.Belongs to labor intensive industry
Because the production technique is simple ,the modern mechanization degree of most bag,raw material ,hardware etc factory is low .Thus ,it is a labor-intensive industry .
3.Finished products production has limit pollution
Expect for leather, textiles, plastics and other raw materials processing enterprises, there is few waste, harmful substances and noise pollution in bags and luggage production process .
4.Market competition is higher
China’s handbags customization industry has low barrier to enter .Products are very similar to each other .The industry’s scale of enterprises is small .But the market is quite decentralized, so the nature of the market is close to the "fully competitive" market.
5.Small-scale enterprises in the industry
From the perspective of enterprise scale, the scale of the bag and luggage industry enterprises are mostly small and medium sized ons of several hundred people.
6. Trend of fashion is more obvious
In the international market ,the bags and luggage industry has gradually evolved into fashion products from the early functionalities focused products . The high added value of bags and luggage products comes mainly from such aspects as "design differences," "material differences," "brand difference" due to the low technology value added characteristics of this industry .
7.Technical barriers of the international market upgrade
With the rapid growth of China's export of bags and luggage, the trade friction with developed countries, the potential conflicts with developing countries have intensified. However, in recent years, the technical barriers in Europe and the United States have gradually escalated and the barriers to entry have gradually risen.