China's Fashion Handbags

With more than 10,000 manufacturers, China is the largest supplier of fashion bags in the world. The country accounts for about 25 percent of global supply in the line.

The appreciation of the yuan, higher material costs and rising labor expenses, however, are challenging the world's bag factory, trimming suppliers' profit margins and forcing them to raise prices.

In the face of these challenges, suppliers are trying to reduce their overall expenses by improving production efficiency and enhancing staff training. Most suppliers, however, will have no choice but to raise prices in the next 12 months.
This comprehensive report will help you:
- Identify manufacturers that are best positioned to meet your needs

- Review the newest products at the best prices

- Save time and money by pre-qualifying makers before your next sourcing trip

- And much more...

What you'll get

- In-depth profiles of 51 major suppliers with a comprehensive look at their product and pricing strategy, manufacturing and export capability, verified contact details, and more -- this information is not available anywhere else

- 152 full-color images that depict popular fashion bags complete with product descriptions, prices, minimum order requirements and delivery times

- Results of the custom-designed supplier survey, which forecasts industry trends for the next 12 months

- Verified supplier contact details, including names, e-mails, telephone numbers and websites of profiled makers

- This blog covers a wide range of products such as: beach, tote, evening, shoulder and handbags in PVC, fabric, genuine and synthetic leather and natural materials

China's fashion bags industry is cautiously optimistic about its export outlook in the months ahead, as it continues to deal with challenges that threaten to curb growth. Rising material and labor costs, the yuan's appreciation, and lower export tax rebates have all made it difficult for companies to strike a balance between healthy sales and maintaining margins.

The world's largest supplier of fashion bags, the country accounts for at least 25 percent of global supply. Since the line is very broad and China customs does not track fashion bags independently, it is difficult to determine the exact value and volume of overseas shipments.

While companies have been posting sizeable growth in the past years, economic challenges are now leading many of them to forecast moderate end-2008 prospects. In a survey conducted by us, one-fourth of respondents are expecting less than 10 percent growth and 16 percent are projecting sales to decline or remain flat.
In an effort to keep margins at the same level while minimizing price increases, many companies are investing in cost-saving measures. At the fore are improving production efficiency and strengthening staff training.