Research and Markets: Some Chinese Pet Supplies Companies Are Planning To Raise Their Capital Expenditure by As Much As 50 Percent In 2010
Business Wire, Nov 06, 2009
DUBLIN — Research and Markets (http://www.researchandmarkets.com/research/6277e5/china_sourcing_rep)
has announced the addition of the “China
Sourcing Report: Pet Supplies” report to their offering.
China’s pet products industry has remained fairly stable despite the
adverse market conditions that crippled many export and manufacturing
industries in the country.
Apart from a steady supplier base, most companies were able to keep
their prices fixed in the past months, an indication of good business.
Some are even planning to raise their capital expenditure by as much as
50 percent in 2010.
But since the line is very broad, it is difficult to determine the exact
value and volume of the country’s overseas shipments. In fact, China
customs does not track pet supplies shipments independently.
Nevertheless, most makers agree that overseas sales are on the rise. In
the survey conducted for this report, more than 60 percent of
respondents anticipate that export revenue will increase 10 to 20
percent in the next 12 months.
To boost demand, while boosting competitiveness, makers are developing
more designs with novelty and innovative features. Pet apparel
companies, for example, are releasing novelty, human-style designs, such
as sanitary pants, swimsuits, gowns, tuxedos, stockings and gloves. Some
dog collars and leashes are also embellished with accents used typically
in high fashion.
This report focuses on the main pet supplies exported from China —
chews, toys, collars, leashes, beds, mats, clothing, kennels and
carriers.
What you’ll get
-
In-depth profiles of 18 major suppliers with a comprehensive look at
their manufacturing and export capability, verified contact details,
and more – this information is not available anywhere else -
64 full-color images that depict popular pet supplies export models,
stair gate complete with product descriptions, prices, minimum order requirements
and delivery times -
Verified supplier contact details of an additional 10 exporters,
including names, e-mails, telephone numbers and websites -
Supplier information in tabular format to help you compare companies
at a glance -
Results of the custom-designed supplier survey, which forecasts
industry trends for the next 12 months -
An extensive overview of the industry discussing the main challenges
facing suppliers -
An in-depth examination of the supplier base highlighting key
characteristics of different types of companies - Details of the primary production centers
- An update of the latest trends in design, R&D;, materials and components
-
A review of the key factors that influence the price and quality of
low-end, midrange and high-end products - Comprehensive pricing tables featuring export price ranges
Who should read this report
- CEOs, Directors, Presidents, Business Owners
-
Export/ Import Managers, Sourcing Representatives, Sourcing Engineers,
Supply Chain Directors, Procurement Managers, Agents -
Sales Executives & Managers, Marketing Executives & Managers,
International Buyers - Business Consultants, Investment Managers
- Anyone who needs to understand the China supply market
In this Report:
- 18 in-depth company profiles
- 10 additional suppliers
- 64 top-selling export products
- Supplier demographics
- Supplier survey
- Industry statistics & charts
The following are some of the key trends we see in China’s pet products
industry:
-
Companies from related sectors such as children’s garments and leather
goods will continue to join the line. Such suppliers are venturing
into pet apparel, and collars and leashes, respectively. -
Prices at most enterprises remained the same in the past quarter,
thanks to the more stable material costs. When the industry was
analyzed in July 2008, the majority of respondents planned to raise
quotes, many of which did so by up to 10 percent. -
Compliance with international quality standards has improved industry
wide, as export markets become keener on promoting pet safety,
nutrition and hygiene. A growing number of chew makers, for instance,
are obtaining certification from HACCP, BRC and US FDA. -
More suppliers of pet apparel are releasing novelty, human-style
designs, such as sanitary pants, swimsuits, gowns, tuxedos, stockings
and gloves