According to an industry analysis report by IBISWorld, China's luggage manufacturing industry has seen an average annual growth rate of only 0.2% over the past five years, with industry revenue reaching approximately US$52.6 billion in 2024. The IBISWorld report points out that the industry faces fierce competition and low profit margins in the low-end product segment, while the export ratio continues to rise; the average annual growth rate is projected to reach approximately 4.3% by 2029. This data illustrates that the manufacturing industry is transitioning from "large-scale, low-price" to "quality-oriented, differentiated" products. As a manufacturer focusing on mid-to-high-end quality, we align perfectly with this transformation trend. In the future, we can further emphasize our three core advantages: "high-end positioning," "brand endorsement," and "durability," to differentiate ourselves from low-end price competition.