Fine Arts Craftworks Industry Analysis

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Last updated: 8 Aug 2011

Analysis on the Fine Arts Craftworks Industry in China - Industry Research & Statistics

According to China Fine Arts Craftworks Industry Profile - the industry research report issued by Zeefer Consulting, Guangdong, Shandong and Zhejiang are the major production bases for fine arts craftworks industry in China. Fujian, Henan, Jiangsu, Liaoning, Jiangxi, Shanghai and Anhui are the secondary distribution areas for this industry. Guangdong has most leading fine arts craftworks enterprises, and among all top 100 large fine arts craftworks enterprises across China, 37 are located in Guangdong.

In terms of market size, in 2009, fine arts craftworks enterprises above designated size achieved a sales revenue of more than USD 40 billion. The total number of enterprises above designated size in fine arts craftworks industry was more than 5,000, a rise of more than 10% on a year-on-year basis. On an annual average, total employees in fine arts craftworks industry exceeded 875,000, a decline of more than 5% on a year-on-year basis. The total export delivery value exceeded USD 10 billion, a decline of about 8% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in fine arts craftworks industry added up to more than USD 1 billion, a growth of more than 10% on a year-on-year basis. The averaged profit margin of enterprises in fine arts craftworks industry was higher than 4%. A total of more than 750 enterprises suffered a loss, and the total loss of these enterprises amounted to more than USD 100 million.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in fine arts craftworks production in China added up to more than USD 10 billion, taking a share of more than 30% of the gross sales revenue from fine arts craftworks enterprises across China. Foreign enterprises in China fine arts craftworks industry achieved a ratio of return on net assets of more than 10%, lower than the industry average.

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Full content of China Fine Arts Craftworks Industry Analysis:
http://www.allchinareports.com/china-craftwork-jewelry-industry/craftworks-industry-analysis/analysis-on-the-fine-arts-craftworks-industry-in-china-industry-research-statistics.html
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The analyses above are extracted from the industry report: China Fine Arts Craftworks Industry Profile


Posted: 16 June 2011, last updated 8 August 2011

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