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Synthetic Leather Has Strong Growth Kinetic Energy &Nbsp And Strong Demand.

2011/8/20 14:03:00 57

Synthetic Leather Sports Shoes Market

At present, the downstream applications of synthetic leather are mainly footwear, bags and furniture, and the total of the three accounts for about 75% of the total consumption.

Among them, footwear

market

It is the biggest demand market for synthetic leather, and the shoes for synthetic leather are mainly leather shoes and sports shoes.

According to the statistics of China Leather Association, the total output of Chinese leather shoes (including synthetic leather, synthetic leather and leather shoes) increased from 1 billion 820 million pairs to 3 billion 590 million pairs in 2003 -2009.

As the most populous country in the world, China has a huge space for the development of leather shoes industry.

According to the data provided by the Asian Footwear Association, China's annual average consumption of shoes is less than 2, while the developed countries in Europe and the United States have reached 7-8 pairs.

According to the relevant data, in 2010, China's per capita consumption of shoes will exceed 2.5 pairs per year, and the total consumption of Chinese footwear will exceed 3 billion pairs, increasing by more than 30% on the basis of 2 billion 300 million pairs in 2008.


At the same time, there is a new trend in the development of China's footwear industry.

Exit

Structural improvement, the proportion of high-end products continued to improve, which means that the demand for synthetic leather in the middle and high rise rapidly.

On the other hand, it is the improvement of footwear structure, and the series of sports shoes has been developing continuously and rapidly.

In this trend, Lining and others are famous.

brand

These brands require high raw materials, which means that the new demand for downstream will also become a new growth opportunity for the upstream synthetic leather enterprises.

According to industry associations, the annual compound growth rate of synthetic leather will remain between 12~15% in the next few years.


As China's "PVC ordinary leather production line" has been included in the restrictive development projects, the green barriers of the European Union, Japan and other countries have also greatly restricted the consumption of PVC artificial leather.

Therefore, in the future development, the demand for PU synthetic leather, especially the eco functional PU synthetic leather will be significantly higher than that of the industry average.

According to China Plastics Processing Industry Association's synthetic leather synthetic leather Specialized Committee forecast, the demand for Eco functional PU synthetic leather will grow at an average annual rate of 19.75% in 2010-2013 years.

The main business of the relevant listed companies such as Bi Xiang, wo Xin shares and so on is mainly based on Eco functional PU synthetic leather, so the development trend of the industry is conducive to the rapid growth of these listed companies.

Among them, the growth prospect of microfiber synthetic leather subdivision industry is the most optimistic, and the future supply and demand gap will be further expanded.

Due to the booming demand in the downstream, the composite growth rate of microfiber synthetic leather reaches 28%.

At the same time, the compound growth rate of domestic output is only 18%.

Therefore, as demand expands year by year, the gap between supply and demand is increasing.

This undoubtedly provided a more vigorous growth momentum for Hua Fengchao and other listed companies.


It is for this reason that recent institutional funds have begun to pay close attention to the investment opportunities of the synthetic leather sector.

In the operation, it is suggested that investors can follow the institutional funds to focus on the strong stocks that match the development trend of the industry, especially those stocks that are also expanding continuously, such as Hua Fengchao, Hsin Xin, Bi Xiang and Amway.

The short term opportunities of Amway shares and institutional investors heavily involved in the stock market have seemed more optimistic and can be closely followed.

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