Online report features verified suppliers offering bags and wallets made from silk, cotton and other natural materials, plus details on product pricing and supply market trends.

VIENTIANE, Laos, The Hinrich Foundation released Laos Sourcing: Bags & wallets 2018 with the support of its partner in export development, Global Sources.

The online report offers import buyers websites of verified suppliers in Laos and profiles bags and wallets made of natural materials such as silk, cotton, rattan and bamboo. It also features an overview of the industry, new product features, price guides and export data. A PDF of the report is available to download for free online.

Modern styles featuring traditional elements on trend

Suppliers are releasing stylish bags and wallets that highlight traditionally woven fabrics and motifs. While simple tote bags and purses featuring an ethnic pattern in one or two colors are common, the selection of modern handbags, shopper bags, clutch bags and multiple-compartment wallets showcasing textiles that are woven and dyed by hand is expanding.

“Makers of bags and wallets are highlighting ethnic motifs such as elephants, serpents and mountains in their products to differentiate these in the international market. Locally sourced fabrics and fibers are also used to distinguish products as being made in Laos,” said Phiengphaneth Chanthalangsy, export consultant of the Hinrich Foundation.

Suppliers are combining different materials in a single design to offer a greater variety. Recent mixed-media releases include bamboo bags decorated with handwoven, naturally dyed cotton fabrics. Makers intend to release products featuring more domestically available, environment-friendly inputs such as bamboo and rattan in upcoming pieces.

Suppliers and products

Naree Handbags opened its first store in Laos under the name Naree Laos Brand in 2015. The company uses silk, cotton and other local fabrics known for their aesthetics. Most of its fabric requirements are sourced from weaving artisans in remote villages of Vientiane Province.

Nikone Handicraft aims to promote the art of silk and support women who still practice traditional Laos weaving. Besides bags, the supplier offers scarves, shawls, fabrics and home textiles such as cushion covers, tablecloths and wall hangings.

Phakaned Handicraft offers silk, cotton and bamboo products. Its selection includes handbags, neckties and scarves.

Sengsavang Organization, a social enterprise, produces items made from naturally dyed and handwoven cotton from Savannakhet Province.

The report further shows:

– The country’s exports of suitcases, trunks, rucksacks, handbags and similar containers under HS code 4202 amounted to $760,677 in 2016. Japan, Germany and Thailand were the top importers, according to the latest figures from the DESA/UNSD, United Nations Comtrade database.

– Interviewed suppliers are looking to boost exports to North America and the EU

– Most bag and wallet makers operate on a small scale. Such suppliers typically have fewer than 20 employees and total assets of less than $29,500 (250 million kip).

 

Laos Sourcing: Bags & wallets 2018 is one of a series of online Sourcing Reports covering emerging Asia supply markets. A full version of the report can be viewed online here.

 

Other related Sourcing Reports available available on the New Sourcing Markets website are: Scarves & shawls, India; and Fashion accessories & jewelry, Philippines and Vietnam. The site also offers sourcing reports on other products and suppliers from India, Indonesia, the Philippines, Vietnam, Cambodia and Laos.

Download the report