The world's largest backpack manufacturers, such as Fjallraven, North Face, and Patagonia, recently opened manufacturing factories in Vietnam. What does this say about the bag industry in Vietnam? This guide will look over the Vietnamese bag/backpack manufacturing industry, factory capacity/requirements, source backpack products, and a list of suppliers in the country.
Bags and accessories manufacturing in Vietnam is a $218M/year industry, according to Statista. Vietnamese bags and accessories have an annual growth of 6.5%, and it's expected to reach almost $300M/year by 2024.
We cover the essential information in this guide if you're looking to manufacture bags/backpacks in Vietnam. Vietnam is the best place in the world to manufacture bags, purses, backpacks, accessories, luggage bags, and more.
China Vs. Vietnam For Bag Manufacturing
If you examine most backpacks globally, most of them still carry the tag "Made In China." The largest backpack manufacturers are located in southern China, close to the Vietnamese border. China produces the largest number of the world's backpacks, but Vietnam is second and quickly surpassing it. Vietnam is branding itself as a destination for high-quality manufacturing backpacks. Premium brands such as Fjallraven are making a move by splitting their production between China and Vietnam.
Manufacturing Bags In Vietnam: Who Is It For?
Manufacturing bags in Vietnam benefit small and mid-sized businesses that have a hard time sourcing their bags in China. For one, Chinese factories are designed for scale. They have higher-order quantities, and suppliers pressure buyers to increase the total volume of their orders. If you're a start-up company and you want to manufacture a small amount of bags to start with, come to Vietnam.
All orders in Vietnam are treated with the same priority, and buyers receive their products on time. At the moment, it's a lot easier to get started as a fashion brand in Vietnam. Most Vietnam suppliers are open to small orders and will happily supply you until you're ready to scale.
Vietnam has attracted many of the world's largest brands in fashion and accessories.
Adidas and Nike currently manufacture more footwear in Vietnam than they do in China - they've even shut down factories in China to move their production to Vietnam. The cost of labor is significantly lower, and the quality of the products is identical.
In the backpack industry, Vietnam stands out by producing products for premium brands as well. You think a low-cost country couldn't manufacture high fashion backpacks, but this isn't the case with Vietnam. Many of the top outdoor fashion brands are manufacturing in Vietnam.
The country is becoming a cluster for backpack manufacturing, and in the future, it will be the leading outsourcing destination for high-end backpacks.
How To Find Bag Manufacturer In Vietnam?
Carrylines Sourcing have factories networks to sourcing the full range of bags, backpacks, laptop bags, purses, handbags, school bags, travel luggage, suitcases, and other bag accessories. We can put you in touch with the best bag manufacturers in Vietnam. If your company is looking for the best location to source bags in Asia, Vietnam is the place, and we'll negotiate in your name, including oversight for manufacturing and production. We've sourced all the products mentioned above, and we can put you in touch with our advanced supplier network.
We directly experience the top backpack manufacturers in Vietnam and source thousands of bags for our clients. We offers a high-end sourcing service for bags in Vietnam at a flat rate advance payment. We'll arrange the most competitive prices in the country. We have a network of low-cost and medium-cost manufacturers located all over Vietnam, and we know which suppliers are reliable. Let us go to work for you, and we'll help you manufacture your bags in Vietnam!