Great Potential For Luggage Market Under The Financial Crisis

In the first half of 2008, the import volume of China's luggage and leather goods reached US $310 million, an increase of 16.9% over the same period last year. The annual consumption of luggage and leather goods in China reached about 2000000000 yuan, mainly in middle and high-end brands. In 2008, the per capita disposable income of Chinese cities increased by 14.2% over the same period last year.

The potential of China's domestic market is huge. In the face of the rapid growth of the domestic retail market, many famous international brands have taken the lead, such as France Amaldi, Italy Bata, Valentino, Bolune, the United States Martniel, HushPuppies, British Clarks and so on have successfully landed in China's first tier cities.