BEIJING, Nov. 7 /Xinhua-PRNewswire/ -- Himfr.com (http://www.himfr.com/ ), China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports that under an unfavorable macroeconomic environment, more than 2000 Chinese zipper (http://www.chinaqualitycrafts.com/buy-zipper/ ) factories are losing more than 30 million RMB export profits. With increasing difficulties in the market, Chin'a Zipper Industry has a long way to go to walk out of its shadow.
The production value growth rate of China's zipper stood at 10% last year, but the zipper industry have slowed considerably. With many enterprises in the low-end market, when the economic changes hit hard on zipper (http://www.chinaqualitycrafts.com/products/ ), competition becomes a matter of survival in a heavily saturated market.
According to Himfr's analyst, there long exist a structural problem within the industrial chain of China's zipper industry, which is worsen by the reckless expansion of larger enterprises, causing a serious overlap in the allocation of resources. With limited capital and technology, Chinese zipper (http://www.cheaponsale.com/buy-zipper/ ) enterprises have been carrying out a homogeneous form of production, and have long engaged themselves in low-cost competitions. A much more healthier development mode for the industry would be to make efficient use of resources through division of labor, and through R&D, each enterprise should develop its own specialty. If the China zipper industry takes the opportunity to restructure itself, it is expected to contend with international brands.
According to Himfr the China zipper industry should not be satisfied with 80% of the low-end market. At present, in top end market, Chinese zipper (http://www.cheaponsale.com/buy-Cfc_No_5_Zippers/ ) industry accounted for only about 10%, but if efforts are made towards a more effective production model, large enterprises can set their goals higher at sharing one-third of the high-end market.
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