Luggage has two connotations of practicality and decoration, covering all aspects of people's work and life.

Luggage can be divided into four categories according to its purpose:

1) Business suitcases and bags mainly appear in people's work and business scenes, such as computer bags, briefcases, etc.;

2) Travel luggage mainly includes trolley suitcases, travel backpacks, etc.;

 

3) Leisure bags are mainly used for daily life or outdoor leisure, such as backpacks, ladies bags, wallets, outdoor sports bags, beach bags, etc.

 

4) Other uses are mainly special-purpose bags, such as camera bags, cosmetic cases, medical bags, etc. Business luggage, travel luggage, and leisure luggage together constitute the luggage market.

Export tax rebate for luggage industry: Most of the export value-added tax rebate rate for luggage industry products is 13%.

As the world's largest manufacturer of luggage and bags, China has more than 20,000 luggage manufacturers and produces nearly one-third of the world's luggage and bags, and its market share cannot be underestimated.

my country's luggage industry presents industrial clusters based on the regional economy. These industrial clusters have formed a one-stop production system from raw materials, processing, sales, and services. They have become the mainstay of the luggage industry and have also stimulated the development of the local economy.

At present, the country has initially formed Guangdong, Baigou, Hebei, Pinghu, Zhejiang, and Quanzhou, Fujian, and other economic regions with luggage characteristics. The formation of these characteristic areas promoted the adjustment of industrial structure and the transformation of growth mode.

As of June 2021, the export transaction scale index of my country's luggage category through the cross-border e-commerce platform credit protection and product export is 469, an increase of 6% from the previous month, and the growth rate is stable;

A year-on-year increase of 90% over the same period last year, the growth rate is notable. International buyers cover 93 countries or regions in the world. The countries or regions with the highest export value are the United States, Germany, Japan, the United Kingdom, and the Netherlands. The fastest-growing countries or regions are Greece, Chile, Guatemala, Panama, and the Philippines. .

As of June 2021, the search volume of overseas buyers searching for luggage categories through cross-border e-commerce platforms reached 2.5 million, an increase of 85% over the same period last year, a significant increase.
Buyers are located in 248 countries or regions around the world. The countries or regions with the highest search percentages are the United States, India, Pakistan, the United Kingdom, and Malaysia. The countries or regions with the fastest search growth are Israel, Malaysia, Myanmar, Maldives, Saint Vincent and the Green Nadines. The most favorite search words are handbags, bags hand women, backpacks, bags school, wallets. The most potential words are purse wedding, bags small, bag shoulder women, bag jelly shoulder, crossbody wallet.
The number of merchants who have released related products on cross-border e-commerce platforms is 2002, and the industry market is huge.

Buyer demand trends Although the trend in the number of buyers is affected by the global epidemic, the luggage industry has seen a significant decline in early 2020, but the market has maintained a growth trend in the past two years.

 

The number of daily active buyers in the past 90 days has increased by 47.33% year-on-year. With the advent of the post-epidemic era, travel has gradually increased, the demand for luggage and bags has continued to rise, and the market has huge potential.

There is a peak season for exports, and it is in the new foreign trade. Seize the opportunity and keep up with the market. In September, the global sourcing season is coming, and we are waiting for you.