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Thursday, November 25, 2021

Is the consumption potential of the women's bag market large?

 In recent years, with the rapid development of my country's economy, people's living standards have also been continuously improved. For those women who love beauty, having their favorite fashion bags is no longer a dream. People no longer pursue the traditional way of life that was immutable before. With the entry of many international luxury brand women's bags into the Chinese women's bag market, people's aesthetics has also changed, and at the same time, it has also brought a flourishing scene to the domestic women's bag brands. .



Bosidu women's bags learned that from 2005 to 2013, my country's women's bags industry maintained a rapid growth trend, with an average annual compound growth rate of output value reaching 16%, which shows that the women's bag market has a broad development space in the future.


Moreover, the international luggage market demand space is huge, which directly drives the export growth of China's luggage products, enabling the export of luggage and luggage to achieve a steady growth trend. Chinese luggage companies should continuously improve their R&D capabilities and technical equipment levels, enhance their marketing capabilities, and accelerate their development.



With the continuous improvement of people's living standards and consumption levels, various bags have become indispensable decorations around people. People require products not only to enhance practicability, but also to enhance decoration. China's economic level and per capita income are getting higher and higher, and the consumption power closely related to it will continue to grow. The consumption of Chinese bags and ornaments is growing at a rate of 29% every year, and the entire market is growing rapidly. Luggage and bags are becoming one of the industries with the most potential for development after the apparel and footwear industries. The domestic market demand for luggage and bags will grow faster, and the market prospects are broad.



Bosidu Women's Bags also learned that, according to related reports, in the context of China's rapid economic development and increasing incomes, it is expected that the consumption of women's bags will reach a new level. Many consumers will choose suitable women's bags according to their personal style and different social occasions, and continue to add new products according to changes in trends. This consumption habit has gradually become the consensus of modern urban women's life collocation, so the consumption potential of the women's bag market is indeed huge.

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