Industry Analysis & Industry Trends
Driven by rising domestic demand and recovering growth of exports, industry revenue is forecast to total $8.7 billion in 2011, up 9.6% from 2010. Over the five years through 2011, revenue will increase at an annualized rate of 11.8%. With strong growth of China's economy, domestic demand will increase at an annualized rate of 14.5% over the period.
There are estimated to be 1,158 enterprises operating in the industry in 2011, a 1.8% growth from 2010. Employment will increase by a higher 5.8% during the year. However, industry wages are expected to increase at an annualized rate of 14.6% in the five years through 2011, to total $785.6 million or 9.0% of industry revenue. Therefore, industry players are suffering from increasingly high labor costs.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Stationery and Office Supplies Manufacturing industry's value added will grow slightly faster than China's GDP over the five years through 2011, increasing at an annualized rate of 10.9%. In addition, industry revenue will increase by a strong 11.8% per annum over the period.
The industry's enterprise numbers are expected to total 1,158 during 2011, with an annualized growth rate of 6.2% over the past five-year period. Private and foreign manufacturers have developed rapidly and are contributing a larger proportion to industry revenue. Many leading foreign companies have entered the Chinese manufacturing markets in recent years, such as Staples (the United States) and AF International (the United Kingdom)... purchase to read more