Compared with other industries, the production threshold of the luggage and leather goods industry is lower and the consumer demand is greater. People have gone from pursuing the functional value of luggage and bags to more and more pursuing beauty, fashion and quality.
The top international luggage brands have high prices and profits, which shows that Chinese luggage companies still have a lot of room for development. But this may not have much to do with most luggage companies, because it requires luggage manufacturers to seek breakthroughs in new materials, new technologies and product design, channels, brand building, etc., in order to adapt to new market needs and catch up with high-end brand manufacturers.
China's luggage production has accounted for more than 70% of the world, and it is one of the important categories of my country's export commodities. After the 2008 financial crisis, foreign trade was affected, and many parts of the world were even more volatile. In areas where the production of luggage and bags in my country’s coastal areas is developed, many larger manufacturers have successively established factories in the inland and Southeast Asia.
The market is changing. As a luggage hardware accessories company in the downstream of the industrial chain, we have experienced wind, rain and sunshine, and we have not forgotten our original aspirations, worked diligently, and moved forward courageously.
Yangqi Hardware has always been adhering to the enterprise spirit of "technology first, production first, quality first", relying on multiple advantages in technology, talents, and manufacturing to continuously improve industrial competitiveness, open up new markets, and develop new products. Won the trust of customers and market position.