New Bag Products in Yiwu Wholesale Market Are Booming

With the increasing popularity of the Yiwu wholesale market and the recovery of the domestic and foreign trade market, there is a boom in the bag-making industry.

1. New arrivals are released and out-of-season bags start to discount in Yiwu wholesale market

After the annual Spring Festival, as the Yiwu wholesale market opens and the temperature rises up, new bags in spring will be put on the shelves in succession.

Fashion bags, leisure bags, travel bags, and other bags with obvious seasonal characteristics were launched in batches. New bags with bright colors and diverse styles were well received by retailers. However, some out-of-season bags with dull colors are mostly labeled with low prices, fewer styles available, and flat sales.

2. Fashion bags are closely following the fashion trend, and sales are picking up in Yiwu wholesale market

The most updated bag products are fashion bags. Snake patterns, tassels, metal accessories, crystals and other decorations are used more this season. The colors are mainly wheat, vanilla, sunflower, mint green, and aqua blue. The overall sales rebounded quickly.

The retro style of last year is still prevailing this year, and all kinds of retro small handbags are both noble and casual, and are favored by young consumers. In addition, candy-colored women's bags, ethnic style color splicing chain bags, cross-body bags, and simple and generous bags are the highlights of this season's sales.

3. The travel season has driven bags sales to rebound in Yiwu wholesale market

With the arrival of the tourist season, domestic and foreign merchants in the Yiwu wholesale market have gradually returned, and new bag products will be put on the shelves in time. The demand for mountaineering bags, trekking bags, unisex travel bags, outdoor backpacks, picnic travel bags and other products has recently increased. Domestic and foreign merchants are looking for samples and stocking before the travel season. The market sales are expected to reach a small peak by the middle of next month.

Yiwu International Trade Mart is a major wholesale market integration in Yiwu, Zhejiang, China. It is the largest wholesale market in China. There are many other large wholesale markets in Yiwu, including the Huangyuan clothing market, several furniture markets, and a capital goods market.

According to CNN, it is the largest wholesale market in the world and the best wholesale market in China. It sells products that are relatively cheap, non-technical, and focus on mass market, and is the main channel for many of these products. The YiwuSmall Commodity Wholesale Market is divided into 5 areas, covering an area of 4 million square meters, with 75,000 booths, of which 10,000 suppliers exhibited 400,000 products.