The Report China Outdoor Gear Industry Report, 2013-2016 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 01/22/2015 -- With the rise of outdoor sports, the outdoor gear industry has gradually developed in China. Total retail sales of China outdoor gear industry registered a CAGR of 42.9% during 2005-2013, and reached RMB 18.05 billion in 2013, jumping by 24.3% year on year.
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Sales channels of China outdoor gear industry consist mainly of professional outdoor store, market store and others including e-commerce. In 2007, the number of professional outdoor stores almost tied that of market stores. However, at the end of 2013, the number of market stores has expanded to 7,716, more than three times as many as professional outdoor stores, occupying 73.9% of total stores in outdoor gear market.
In the meantime, percentage of outdoor stores' retail sales shrank significantly, while that of other channels including e-commerce expanded rapidly, reaching 19.7% in 2013, up 16.2 percentage points against 2007.
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At present, almost all global outdoor brands have entered China, with growth rate decelerating, whereas Chinese local brands are still increasing. As of the end of 2013, there were 891 outdoor brands in China, of which 458 were Chinese local ones (including Toread, Kolumb, Camel, Kroceus under Shanghai Challenge Sports Products Co., Ltd., Jihua Outdoors under Jihua Group, Anemaqen under Sanfo Outdoors and Shehe).
However, foreign brands hold about 70% of China's outdoor gear market, assuming absolute superiority. In 2013, Columbia and The North Face were the top two players in China outdoor gear market with a share of 16.9% and 14.0%, respectively.
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Toread is the largest local company which specializes in outdoor gear, ranking third in China outdoor gear market, with a share of 8.0% in 2013. As famous Chinese local outdoor brands, Kolumb and Camel ranked eighth and ninth with a market share of 3% each.
China Outdoor Gear Industry Report, 2013-2016 highlights the following:
- Development background and market capacity of foreign outdoor gear industry;
- Market size, sales channels and competitive landscape of China outdoor gear industry;
- Economic environment, policy environment and development trend of China outdoor gear industry;
- Operation, development in China and outlook of 5 global and 8 Chinese outdoor gear companies.
Global Luggage Market Report: 2014 Edition
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The worldwide luggage market includes a wide range of products that vary in quality and prices. Premium luggage bags are costly, high quality, full-featured products and have selective distribution. In addition, there is a broad middle market in which products are differentiated by features, brand name and price. Both organized and unorganized players operate in this segment. Within this market, sales are largest at mid and low product price levels. Product differentiation decreases and breadth of distribution increases at lower price levels. At the lower end of the luggage market, unbranded or private label products with few differentiating features are sold in significant volumes and at low margins, competing primarily on the basis of price.
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Further, the report states that the increasing competition from local brands and counterfeit products is one of the main challenges hindering the growth of the market. This competition has led to market fragmentation, which has, in turn, resulted in several issues such as lack of price standardization, an uneven competitive scenario and market share erosion.
Global and China Piano Industry Report, 2014-2017
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Global piano industry, which originated from Europe in the 18th century, has begun to shift to China since the late 1990s. At present, China has been the world's largest piano producer, with the output for 2013 hitting 376,000 units, making up 79.6% of the global total.
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Meanwhile, the piano demand in China has been growing, with the year 2013's ownership of pianos per 100 urban households approaching 3.0 units. It is projected that this figure will rise to 3.25 units by 2015 and 4.0 units by 2020.
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