Demand Analysis Of Fur Industry In China In 2018

China plays an important role in the global fur trade. China is still the largest fur clothing processing and exporting country in the world.

The rapid economic development of China has greatly promoted the growth of the consumption of fur products.

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.

Comfortable and beautiful.

Increasing number of fur industry enterprises in China

Since 2011, the scale is above the national scale.

And the number of products processing enterprises fluctuated.

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, fur industry in China has realized the supply of raw materials.

The gradual pformation of rough processing to fur product R & D and design and deep processing has gradually brought influential brands to Chinese fur enterprises.

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.

China's fur market demand declined in 2017.

Fur, as a medium and top grade commodity and consumption upgrading product, is widely used in various fashion clothes, and is widely combined with down and textile fabrics. It has expanded application scope, consumption season and consumption area.

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.

Gross profit in China's fur industry shows a fluctuating growth.

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.

(author: Huang Bincheng)