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Why did Guangdong close many luggage factories?

Environmental protection and emission reduction requirements, overcapacity, market competition pressure.

1, environmental protection and emission reduction requirements: With the improvement of environmental awareness and the government's efforts to protect the environment, the requirements for pollutant discharge are becoming more and more stringent. The luggage factory involves material treatment, dyeing, painting and other processes, and pollutants such as waste water, waste gas and waste residue will be produced in the production process. Manufacturers will be forced to close down if they fail to meet the requirements of environmental protection and emission reduction.

2. Overcapacity and market competition pressure: Guangdong, as a big manufacturing province, has many luggage production enterprises, which leads to overcapacity and fierce market competition. Small-scale or uncompetitive luggage factories are difficult to gain a foothold in the market and face the risk of bankruptcy or closure.