safety shoes, safety footwear, safety boots, work boots, steel toe boots safety shoes, safety footwear, safety boots, work boots, steel toe boots
safety shoes, safety footwear, safety boots, work boots, steel toe boots safety shoes, safety footwear, safety boots, work boots, steel toe boots
 
News Search
Contact Us
safety shoes, safety footwear, safety boots, work boots, steel toe boots
MSN Online Contact:
SKYPE VoIP:
safety shoes, safety footwear, safety boots, work boots, steel toe bootsMessage to us
safety shoes, safety footwear, safety boots, work boots, steel toe boots
News

The safety footwear industry market analysis in China

NewsID:70    Datetime:2010-11-19

The safety footwear market in China will be analyzed taking end-user consumers as buyers and safety footwear manufacturers as suppliers. China's presence in the worldsafety footwear business is pervasive as it had the largest share in the global production during 2009. This transformation and emergence of China at the forefront is largely due to its abundant resources of raw hides and skins, sound industrial chain and huge workforce. Export to the Middle East countries has significantly increased over the previous year. Due to the establishment of China-ASEAN free trade zone, a huge growth has been seen in exports to the ASEAN countries. During the recession of the early 1990s, the repair trade picked up somewhat, as consumers have traditionally mended old shoes when they did not have the money to buy new ones.

Some manufacturers thought sales were less robust than in previous recessions, however, because of the loss of white-collar jobs. There was also concern about longer term trends in the repair market. During the World War II, the number of repair shops totaled nearly 70,000; by the late 1990s, there were fewer than 12,000. According to Saicou shoes company's research report "Saicou safety footwear Market Analysis in China", China's domestic safety footwear market is projected to grow at around 10% (value terms) during 2010-2013. The growth will be boosted by intense export volumes. The drop in domestically produced footwear, of course, had depressed the business of companies that supply shoe manufacturers. Besides the dramatic increase in shoe imports, leather sole makers also had to contend with a shift by consumers to more casual safety footwear and the rising cost of leather. While there remained a market for the fine leather shoe, many Americans were no longer dressing up for work and did not require several pairs of dress shoes. Generally, the Chinese safety footwear market is getting more unified and there is more equal redistribution of powers between manufacturers. As safety footwear is a basic necessity, and thus involves high sales volumes, buyer power for individual consumers is reduced considerably.

Links
Home | Products | About Us | FAQs | Philosophy | Privacy policy | Contact Us | Site Map | Xml SiteMap