2008 Wenzhou Synthetic Leather Industry Is Expected To Increase Profit Margins.

In the past more than 10 years of rapid development, similar products, homogeneous competition and meager profits are the difficulties that Wenzhou's synthetic leather industry has never been able to get rid of. When the competition is fiercest, the profit of each synthetic leather product is only a few cents.

In recent years, the situation has begun to show signs of improvement as the industry continues to develop high-tech products, actively create brands, and strive to create star enterprises and fist products.

In order to resist undesirable low price competition, Wenzhou synthetic leather has also made collective efforts to raise prices through the association to ensure healthy operation of the industry and strive for development space for enterprises.

In 2007, the post-processing technology innovation was widely promoted in the synthetic leather industry in Wenzhou. It brought a good prospect for increasing product types and realizing differential production.

In the case of high price of leather products and even soaring again and again, the quality of synthetic leather products has been improved, which has brought a wider application in the fields of footwear, luggage, clothing, furniture and so on. In 2008, Wenzhou synthetic leather industry is expected to take the east wind to a new level.