China'S Footwear Industry Is Optimistic About The Market In The Next Few Years.

Since the reform and opening up, especially during the "11th Five-Year" period, despite the international financial crisis, the national economy has maintained a relatively high speed.

According to the statistics of the National Bureau of statistics, the gross domestic product in China increased from 31 trillion and 400 billion yuan to 56 trillion and 880 billion yuan in 2008, and the per capita disposable income of urban residents increased from 15780 yuan to 26955 yuan, and the per capita income of rural residents increased from 4760 yuan to 8896 yuan in -2013.

During the "12th Five-Year" period, China's national economy is expected to continue to grow. The sustained rise in gross domestic product and per capita income will further drive the consumption demand of leather shoes.

Rapid development will promote

Continue to grow

Footwear, as a daily consumer goods, sells directly to consumers through retail channels.

The continuous and rapid development of the retail market of consumer goods will also promote the growth of the consumption market of footwear industry.

According to the data of the National Bureau of statistics, the total retail sales of consumer goods increased from 5 trillion and 950 billion yuan to 23 trillion and 780 billion yuan in 2004, with an average annual compound growth rate of 14.86% in -2013.

With the growth of the national economy, the increase of disposable income of urban and rural residents and the acceleration of the integration of urban and rural areas, China's retail consumer goods market will continue to develop rapidly, and the growth of the retail industry will promote the footwear industry.

Growth.

China's footwear consumption market still has broad room for growth.

China Industrial Information Network released the "2014-2019 years China leather shoes manufacturing industry in-depth research and investment prospects Research Report" shows: with the growth of the national economy and the increase of the disposable income of consumers, the consumers' demand for leather shoes is more and more fashionable and comfortable. The price of leather shoes that consumers are willing to buy is also rising, providing strong impetus for the sales of leather shoes with good brand image and high fashion, so the market prospect of leather shoes is broad.

In 2008 -2013, the consumption of footwear products in China increased steadily, with an annual compound average growth rate of 10.60%.

It is predicted that in 2015 -2018, the consumption of China's footwear products will maintain a compound average growth rate of 6.40%, and it is expected to reach 438 billion 390 million yuan by 2018.