Industry Overview - The Shiling Town in Guangzhou has over 13,000 bag and leather goods manufacturing enterprises and more than 63,000 related individual businesses, producing over 700 million bags annually, capturing over 60% of the European and American bag market share [1] - The local bag manufacturing companies are facing challenges due to increased tariffs from the U.S. and a complex foreign trade environment [1] Company Performance - Companies like He Da Leather Goods have seen a significant reduction in shipment volumes, from potentially 20,000 bags per week to only 1,000 to 2,000 bags per week due to tariff impacts [4][5] - He Da Leather Goods has 70% of its export share concentrated in the U.S. market, and the rising shipping costs have added an average of $4 to $6 per bag [5] Strategic Adaptation - The president of the Guangzhou Shiling Leather Goods Chamber of Commerce, Song Wenming, emphasizes that Chinese leather goods hold an indispensable position in the global supply chain, and many entrepreneurs are now focusing on brand development [7] - Companies are increasingly investing in their own brands while leveraging experience gained from manufacturing for international brands [8][10] Market Dynamics - Guangzhou has established five major wholesale markets and seven industrial parks, creating a complete industrial ecosystem that supports the bag and leather goods industry [12] - The market procurement policy has been beneficial for small and micro businesses, with exports reaching 3.29 billion yuan in the first four months of the year, a year-on-year increase of 66.5% [16] Innovation and Design - Companies are focusing on enhancing their original design capabilities to meet international market demands, with some firms reporting increased inquiries from overseas clients [20]
用全产业链稳“守”全球市场 中国制造就是这么自信!
Yang Shi Xin Wen·2025-05-21 05:34