Yiwu Bag Wholesale Market

China’s wholesale market covers various goods, and fashion is no exception. One of the many outlets is the Yiwu bag wholesale market. 

This market is a sourcing hub where retailers can outscore top-quality bags. Moreover, small order sizes are compatible with the market, allowing various-sized orders.

Aside from small MOQs, this place is vast and has several categories. This massive size means many buyers often struggle to understand the market. So, before discussing anything else, why should you shop at the Yiwu wholesale market? After all, there are several similar options. 

Keep reading to find out what the market has to offer and the sourcing process. Plus, we discuss how to understand the Yiwu Bag wholesale market properly. Stick around!

An Overview of the Yiwu Bag Wholesale Market

Many importers come across this question – how to import bags from China?

What would be your answer as a bag importer? Confused, right?

Source: Giphy

The correct answer is the Yiwu bag market!

The Yiwu bag market is a part of the world’s largest small commodities market. Buyers can find it in the F and G sections on the first floor. 

The location is packed since there are about 2,500 bag and handbag suppliers. Moreover, the vast amount of bags supports product variety. Buyers can find products from school bags to suitcases at competitive prices.

International buyers can visit hundreds of stores and check out various styles. Yiwu also has the Wu Ai stock street. About 2,000 suppliers sell stock goods there, which are company overstock products. Inventory goods are also just as good as the typical products. 

Many manufacturers try to balance their inventory, so they sell off the extras at a lower price. Hence, the selling price is much cheaper in this market. For example, a handbag with a regular price of $30 can sell for $15-20 on this street. 

Thus, the Yiwu wholesale market is an excellent place to increase your profit margin as a retailer. However, you should know How To Buy Wholesale from Yiwu Market before moving to the next step.

5 Reasons to Choose Yiwu for Wholesale Bags

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China is home to several wholesale bag markets, so why does Yiwu stand out? Here are several reasons you should visit Yiwu for your next massive order.

1) Wide Range of Styles and Materials

Diversity is favorable to buyers when several different stalls exist in one place. Several sellers try to stand out by incorporating various products. Buyers can find anything from tote bags to fashion handbags.

Besides the functional variety, there are also different styles. You can find various European, Japanese, Middle Eastern, American, and Korean styles. 

Regardless of your market’s target audience, you will find a bag style that fits their taste. Hence, Yiwu is a place to visit and never leave empty-handed.

2) Unbeatable Prices

It is a large commodity market, meaning it includes factories and wholesalers. As a result, buyers can negotiate with the manufacturer or company to get better prices. The close-knit situation forces shop owners to decrease prices to lure in customers.

You can earn more if you know how to source products from Yiwu and sell them on Amazon.

3) Quality Range

The Yiwu bag market features a wide range of quality products, from the low to the much higher grades. These grades help you choose products that match your quality and price range.

4) Minimum Order Quantity (MOQ) Flexibility

Most wholesale markets often exclude smaller retailers with large MOQs. However, Yiwu is different. The bags are sold so small and large buyers can easily purchase them. 

If you want to test the product, you can order 50 pieces or larger orders. This flexibility is a unique perk that sets Yiwu apart.

5) One-stop Shopping

When you visit the Yiwu wholesale market, you can access neighboring commodity stores. This way, the location is the right stop when you have varying needs beyond bags. It saves effort, time, and extra costs. You must move to the next block to buy shoes or clothes.

Top Bag Categories Available in Yiwu

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Yiwu bags come in different categories. You can easily find them in the categories broken into three main sections. These sections are by function, material, and style. 

Here, we categorize all the bags into these sections and highlight examples so you know what to expect.

Finding Reliable Bag Suppliers in Yiwu

By now, you know what bag types to expect and that Yiwu is a trusted platform. So, how do you go about shopping? While you can always learn the process on the go, it helps when you have a plan. Here are tips that will help you find reliable bag suppliers at Yiwu.

1) Look for Established Businesses

When you want to make your next purchase, it is crucial to stick to established businesses. Find stalls with a history and lots of positive reviews. Working with established bag businesses reduces the chance of getting faulty products.

2) Check Sample Quality and Certifications

Ensure you test samples for quality! Use the supplier’s samples to determine if a partnership will be worthwhile. 

Another crucial way to tell the quality is through certifications. Look for credible certification. Accreditation signifies that the bag supplier has earned a reputation.

For more insights, read our post – What Should You Expect When Shipping Samples From China?

3) Building Long-term Relationship

Prioritize forging long-term relationships with suitable suppliers. It offers perks like discounted prices and customization opportunities. 

Ensure you choose suppliers that value their customers. You will know how they approach negotiations, their prices, and their product quality.

Quality Control Tips for Wholesale Bags in Yiwu

Quality remains a massive part of growing a business. You want to ensure your customers receive the best treatment. Undoubtedly, ensuring quality requires work. Here are valuable steps you can take to ensure optimal quality.

1) On-site testing of materials

Several Yiwu bag suppliers have on-site testing facilities. You can opt for these facilities to ensure quality that matches your brand.

2) Pre-Order Inspections

Request pre-shipment inspections by a third-party company to ensure the bag quality. Several companies offer this so that you won’t have a problem finding help.

3) Random Inspections

For added peace of mind, you can conduct random inspections during production. If the bag-making factory is nearby, you can check the production process to confirm it meets your needs.

4) Implementing AQL (Acceptable Quality Level)

Use the AQL standards when undergoing quality checks. It ensures that you are aware of the quality of each batch. Moreover, it is crucial to ensure the company maintains its quality.

5) Use of third-party inspection services

Consider using third-party inspection service providers for unbiased quality checks. This option offers an added layer of assurance. 

OwlSourcing knows everything about quality control in China. Our team can conduct thorough assessments of bags. Be it pre-production checks, final random sampling, or all the above extra services!

Common Challenges Shopping at Yiwu Bag Market and How to Overcome Them

Wholesale marketing comes with its risks. Of course, Yiwu Bag Market has more hits than misses. However, it is crucial not to ignore the possible drawbacks. Here, we address the common challenges and how you can overcome them as a buyer:

1) Sample Inconsistencies

A challenge in the Yiwu market is that bag sample quality might differ from production. This issue is relatively easy to tackle. 

You can use staged sampling throughout the production process. It ensures the quality of the bag sample remains intact until it is finished.

This sampling process can be tedious, especially if you’re far away. An equally excellent option is to hire an on-site quality control representative. The representative monitors every step of the process. This way, you are confident that the quality is optimal when you receive bags.

2) Complex Local Payment Systems

Another major issue with trading with the market is the unfamiliar payment system. Fortunately, there are several ways to bypass this setback. One of them is to hire a local finance liaison. 

This person handles the complexity of the payments, such as conversions. You can also opt for universally accepted payment methods, like letters of credit. This way, you don’t have to undergo rigor and pay directly.

Here you can find more information on “How to send money to China” to gain a deeper understanding of China’s financial processes.

3) Inventory Management in Shared Spaces

When your bag order is in shared inventory spaces, there is a high chance of mixup. This challenge can be frustrating as it causes delays and alters your purchases. The solution, however, is simple. 

You can opt for colored and unique packaging solutions. This way, your bags can stand out from the crowd and avoid mixups. You can also use RFID tracking for large wholesale bag orders.

Read More:

• China Factory Distribution in East China
• How to Find the Best China Import Agent
• Importing LED Lights from China: The Complete Guide
• Sourcing High-Quality Footwear from Yiwu Shoes Market

Final Thoughts!

Yiwu Bag Market is a big global commodity market. It offers countless opportunities to expand your catalog with variety. But if you are new to the market, it might seem like a lot. 

So, you don’t miss out on the product sourcing experience of a lifetime. We have included everything you need for a successful experience. 

You can browse the available bag categories and see the different steps. That said, sourcing at Yiwu can be smooth. However, you must follow all our tips for that to happen. 

OwlSourcing can handle the process of sourcing bags from a busy Yiwu market. Our team already knows the best bag suppliers available in this market.