Suitcase Industry Analysis

clutch Industry Analysis Nowadays, umpteen people like traveling. When they travel to otherwise cities or other countries, they must take away their luggage. They put their c parth, shoes, cosmetic, charges and a lot of functions that you move imagine into their luggage. So, luggage has experience the most important thing in our traveling. From wooden luggage to cortical luggage, from ancient to modern, from president to uncouth people, they all need luggage. more(prenominal) and more than Chinese luggage companies become OEM. They produce their company to some(prenominal) thumping brands such Samsonite, American Tourister, Tumi and etc.Certainly, some of companies keep back their own brands and sell them in China and foreign countries. This wrap up 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 s mall and medium-sized enterprises and only a few of them are large-scale enterprises. Comparing with the introduction stage and growth stage, China luggage companies dont have a strong increase. And, they are stable.From the data, we can find that the export volume doesnt have a big change except the financial crisis period. So, we can easily find that it is non in the increasing stage. Then, comparing with the introduction stage and maturity stage, Chinese luggage constancy didnt appear the saturated situation because many 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 institute that it is non in maturity stage. Finally, comparing with the decline stage, it is obviously shown that it is not in the decline stage because the sale and profits in this industry doesnt has any decl ine. After the comparison, Chinese luggage industry is in the introduction stage. This industry rose 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 functioning than before.