Suitcase Industry Analysis

Suitcase Industry Analysis Nowadays, legion(predicate) people like traveling. When they travel to former(a) cities or other countries, they must bring their luggage. They put their cloth, shoes, cosmetic, charges and a lot of things that you can imagine into their luggage. So, luggage has become the most important thing in our traveling. From wooden luggage to cortical luggage, from ancient to modern, from president to common people, they all need luggage. More and more Chinese luggage companies become OEM. They produce their bon ton to some big brands such Samsonite, American Tourister, Tumi and etc.Certainly, some of companies have their own brands and sell them in China and foreign countries. This report is focused on the Chinese luggage companies. From the content that I mentioned above, more Chinese luggage companies are OEM. So, the brands of the companies are unfamiliar to final customers. More and more companies are small and medium-sized enterprises and merely a few of th em are large-scale enterprises. Comparing with the introduction stage and growth stage, China luggage companies dont have a hard increase. And, they are stable.From the data, we can go out that the export volume doesnt have a big change except the financial crisis period. So, we can easily find that it is not in the increasing stage. Then, comparing with the introduction stage and maturity stage, Chinese luggage industry didnt appear the saturated situation because galore(postnominal) Chinese businessman are entering into industry. They want to get a huge profit from this industry. And, even for some large-scale companies, they still have many competitors meanwhile the price of the same products has some fluctuation.So, it is easily found that it is not in maturity stage. Finally, comparing with the declivity stage, it is obviously shown that it is not in the decline stage because the sale and profits in this industry doesnt has any decline. After the comparison, Chinese luggage industry is in the introduction stage. This industry uprise after reform and open. It also has a long way to walk. Global economic recovery may bring a new chance for Chinese companies to have better performance than before.