A luggage&bag is a general term for all kinds of bags used to carry things, including ordinary shopping bags, holdall bags, handbags, purses, backpacks, sling bags, a variety of trolley bags, an so on. The upstream of the industry is mainly composed of aluminum alloy, textile, leather, plastic, foam..., etc. The midstream include leather bags, cloth bags, PU bags, PVC bags and the other bags. And the downstream is the different sale channels online or outline.
From production of raw material in upstream, output of leather in china fluctuates a lot. In 2020, the COVID-19 spread over the world suddenly, and caused global economy in the doldrums. Leather industry in China also experienced many difficulties and setbacks. Facing the severe and complicated situation at home and abroad, the leather industry actively responded to the challenges, steadily promoted the resumption of work and production, and relied on the advantages of perfect industrial chain and fast-responding supply chain to try to resolve the risk impact brought by the COVID-19. With the improvement of the COVID-19, the current economic operation situation of leather materials has also been steadily picked up. Industry of luggage&bag in China now has presented industrial clusters with regional economy, and these industrial clusters have formed a one-stop production system from raw materials and processing to sales and service, which has become the mainstay of the development of the industry. At present, the country has initially formed the characteristic economic zones of luggage&bag, such as Shiling Town in Huadu District of Guangzhou, Baigou in Hebei, Pinghu in Zhejiang, Ruian in Zhejiang, Dongyang in Zhejiang and Quanzhou in Fujian.
With the control of the COVID-19 under, countries’ travel policies recover gradually, people's desire to travel increases a lot. As a needed equipment for traveling, the demand for luggage&bag has also increased with the rapid and steady growth of tourism. The recovery of tourism will have a very positive impact and promote the vigorous development of the luggage&bag industry.
Post time: Feb-20-2023