Lacquerwork Mfg. Industry in China - Industry Research

An Expert's View about Building Products and Construction in China

Last updated: 20 Sep 2011

Analysis on the Lacquerwork Mfg. Industry in China - Industry Research & Statistics

According to China Lacquerwork Mfg. Industry Profile - the industry research report issued by Zeefer Consulting, Fujian, Zhejiang and Shandong are the major production bases for lacquerwork mfg. industry in China. Guangdong, Jiangxi, Tianjin, Anhui, Jiangsu, Hebei and Shanghai are the secondary distribution areas for this industry. Zhejiang has most leading lacquerwork mfg. enterprises, and among all top 100 large lacquerwork mfg. enterprises across China, 45 are located in Zhejiang.

In terms of market size, in 2009, lacquerwork mfg. enterprises above designated size achieved a sales revenue of more than USD 850 million. Fujian, Shandong and Zhejiang ranked top 3 in terms of sales revenue, enterprises in these regions engaged in lacquerwork mfg. production achieved a sales revenue of more than USD 650 million. in all, taking a share of more than 70% of the gross sales revenue from above designated size lacquerwork mfg. enterprises across China. Total assets of enterprises inside lacquerwork mfg. industry exceeded USD 600 million, a rise of more than 15% on a year-on-year basis. On an annual average, total employees in lacquerwork mfg. industry exceeded 20,000, an increase of more than 10% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in lacquerwork mfg. industry added up to more than USD 40 million, a growth of more than 15% on a year-on-year basis. The averaged profit margin of enterprises in lacquerwork mfg. industry was higher than 4%. A total of more than 20 enterprises suffered a loss, the percentage of loss-incurring enterprises was higher than 10%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in lacquerwork mfg. production in China added up to more than USD 150 million, taking a share of more than 20% of the gross sales revenue from lacquerwork mfg. enterprises across China. Foreign enterprises in China lacquerwork mfg. 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 Lacquerwork Mfg. Industry Analysis:

http://www.allchinareports.com/china-craftwork-jewelry-industry/craftworks-industry-analysis/analysis-on-the-lacquerwork-mfg.-industry-in-china-industry-research-statistics.html

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The analyses above are extracted from the industry report: China Lacquerwork Mfg. Industry Profile
 


Posted: 20 September 2011, last updated 20 September 2011

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