The Three Characteristics of China‘s Shoe Machine Market
Time:2020-03-04
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Obvious bidirectional transformation
Regional service providers are providing more and more products, while professional manufacturers are manufacturing fewer and fewer varieties. On the one hand, the industry is gradually presenting a new and complex competitive landscape, and on the other hand, downstream customers are increasingly demanding, with many functions requiring personalized customization, forcing shoe machine providers to seek new marketing breakthroughs.
Therefore, as an intermediary, shoe machine traders have transformed from initially reselling, representing, distributing, or OEM various types of machinery and equipment to becoming overall technology solution suppliers, striving to provide customers with one-stop factory services and create profit growth points. However, professional machinery and equipment manufacturers have changed their traditional wide product line production model to focus on "specialization, precision, and excellence" (professional, lean, and top-notch).
Overseas markets remain active
As shoe manufacturing enterprises further shift towards lower cost regions and countries, it has driven new sales growth for upstream mechanical equipment suppliers. Meanwhile, neighboring countries and other emerging markets have seen the rise of shoe manufacturing, and domestically produced machines with practical economy are highly popular in overseas markets, with very active transactions.
Many powerful domestic machinery and equipment manufacturers have quietly established their presence abroad. With the growth of the local shoe industry, sales have naturally skyrocketed. Shoe making companies in countries such as Vietnam, Indonesia, and Cambodia continue to expand their production lines, and shoe machine companies with overseas market layout, such as Qifeng Shoe Machine, have achieved good overseas performance growth.
Automated machines continue to sell well
Although the shoemaking industry is moving to low-cost areas, there is also a trend. The artificial rise is not only occurring in Chinese Mainland, but also spreading in Vietnam, Indonesia, Cambodia and other surrounding countries. In addition, the supply of raw materials, equipment and other supporting facilities is immature and lagging behind. A production mode representing energy conservation, low-carbon, environmental protection, automation and intelligence has emerged, and has obtained good development space.