The Leather Shoes Industry In Thailand Is Expected To Grow Well In 2011, But The Competition Is Becoming Increasingly Fierce.
The world economy is improving, making fashion products popular again. One of them is leather shoes.
The Thai Farmers' Research Center predicts that the export of leather shoes in Thailand is expected to achieve a good growth in 2011.
Exit
The total value is expected to reach 5.6-5.7 billion, an increase of 5.5-6.5%. over the same period of last year.
Thailand
leather shoes
The reason why the manufacturing industry can still maintain a good growth is that Thailand has an advantage in attracting multinationals to invest or hire and produce leather shoes, especially high-grade leather shoes in Thailand, plus Thailand's pportation center in Southeast Asia, with many supporting industries and skilled workmen.
However, the leather shoes industry in Thailand will still face various risk factors, such as the declining competitiveness of Thailand and the competitive market share of competitors, the rising production costs and the shortage of manufacturing skilled workers, which may affect foreign investors slowing down the establishment of production bases in Thailand and reducing the processing and production of pnational corporations by Thailand enterprises.
The Thai Farmers' Research Center believes that in order to keep Thailand's status as an important exporter of leather shoes, government departments and relevant institutions must strengthen the production base and make it more stable, and are committed to strengthening all aspects of Thailand's advantages, especially adjusting the infrastructure to make it more efficient.
At the same time, the government should formulate policies to support enterprises to reduce production costs and make full use of the preferential treatment of free trade agreements, so that enterprises can get the best interests from them.
In addition, leather shoes operators should plan to adjust business strategies, carry out active marketing activities, reduce production costs through effective cost management, and establish a wide network of enterprises both at home and abroad to increase joint venture opportunities in production and export.
Among them, the supply chain cooperation running through upstream, middle reaches and downstream industries is the success of enterprise operation and the better response to the next stage.
Trade
The key to competition.
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