Demand Analysis Of Fur Industry In China In 2018

China plays an important role in the global fur trade.

The largest fur clothing processing and exporting country.

The rapid development of China's economy has strongly stimulated.

The growth of consumption.

With the improvement of living standards, China has become the world's leading producer and consumer of fur products.

The clothing renewal cycle of urban residents has been shortened, and the dress requirements have changed from simple practicality and quality to fashion, comfort and beauty.

Since 2011, the number of fur tanning and processing enterprises above the national scale has shown a trend of fluctuating growth.

In 2011, the number of Enterprises above designated size was 399, and by 2017, the number of Enterprises above Designated Size in China's fur tanning and processing industry reached 614, an increase of 7.3% over the same period last year.

After years of development, China's fur industry has gradually pformed from raw materials supply, fur processing to fur products R & D and design and deep processing. Chinese fur enterprises are gradually emerging as influential brands in the market.

In 2018, the China Leather Association launched the "China fur leading clothing King" - Zhejiang Zhonghui fur Co., Ltd., Beijing Shulan International Garment Co., Ltd., Huas Cmi Holdings Ltd, Yinshan fur Co., Ltd. and Harbin shyshi Industrial Co., Ltd.

After years of hard work and persistence, these big brands are developing steadily, and word of mouth and market share are constantly improving.

Note: rank is not divided.

Fur, as a high-end product and consumer upgrade product, is widely used in all kinds of fashion apparel, and down.

And so on, expanding the scope of application, consumption season and consumption areas.

In the past 2011-2016 years, the sales of Chinese fur industry has been increasing year by year.

In 2011, the fur industry completed sales revenue of 56 billion 982 million yuan, an increase of 34.1% over the same period last year. In 2016, the industry realized sales income of 95 billion 726 million yuan, reaching the peak of industrial income in recent years.

Affected by slow international economic development and sluggish demand, the fur industry in China has overcapacity and oversupply.

In 2017, China's fur industry completed sales revenue of 93 billion 606 million yuan, which was lower than that of 2016.

The gross profit of China's fur industry shows a trend of fluctuating growth.

In 2011, the fur industry completed a total profit of 4 billion 687 million yuan, a growth rate of 31%. In 2015, the industry realized a total profit of 8 billion 357 million yuan, reaching the peak of industrial profits in recent years. In 2017, the gross profit of the fur industry reached 8 billion 321 million yuan, up 12.1% from 2016.