The Development Status Of China's Luggage Industry Is Growing At A Good Rate, And The Market Size Is Approaching 100 Billion!

The Development Status Of China's Luggage Industry Is Growing At A Good Rate, And The Market Size Is Approaching 100 Billion!

                       
Update:26-04-2021
China's travel luggage industry is developing rapidly. At present, my country's travel luggage output accounts for more than 50% of the world's total output, and its export volume accounts for more than 33% of the world's exports. It is the world's largest travel luggage producer and exporter. In recent years, with the rapid development of the country’s economy, people’s lives have become increasingly prosperous, and official travel and outings have become more frequent. Travel luggage has become an indispensable consumer product in people’s daily lives. In 2016, the size of my country's travel luggage market was 90.644 billion yuan. In 2017, the size of my country's travel luggage market grew to 95.862 billion yuan.
Since 2017, it has grown year by year, and it has reached a new high in the 11.11 promotion that has just ended, achieving a single-day increase of 153% year-on-year. The substantial growth rate will undoubtedly inject a booster for the industry and sellers. Discovering new products, creating explosive products, and impacting large orders will undoubtedly become the keywords of the current peak sales season.