Shoe insole manufacturers are an essential aspect of the shoe manufacturing industry. They are concerned with the ultimate comfort a customer has towards the product as insoles provide stability and support to the foot. Many brands have been choosing to move their insole supplies to Vietnam from China and other Asian countries which were once the hub for insole manufacturing. Vietnam offers low cost, high-quality insoles with low tariffs on the export of the insoles, and a high production rate as well. Listed below, HS Footwear Co. shares the reasons it’s better to work with insole manufacturers in Vietnam.
- Low Cost: The cost of both the materials as well as the labor force is low in Vietnam compared to its Asian counterparts. Due to economic regulations in China having impacted the rise in workers’ wages, the cost of manufacturing insoles has also increased exponentially. Meanwhile, in Vietnam, there is abundant availability of workers and factories that have not experienced a trend of price surges.
- High Quality: The materials available in Vietnam are of high quality and manufacturers offer a variety of insole textiles to choose from. Materials include felts, gel, insole boards, cork, leather, and anti-slip material. Offering a variety of textures and types of insoles to choose from, manufacturers in Vietnam can pull in business from big brands that need an excellent gradient of material.
- Low Tariffs: As the global trade markets grow every year, the fiscal implications grow as well for companies who are charged local import and export taxes. In Vietnam, the export and import taxes are significantly lower than those present in neighboring China. This is yet another lucrative reason for shoe companies to work with shoe insole manufacturers in Vietnam. Higher tax rates, after all, lead to lower profits.
- High Production Rate: With the young professional population at a rise, the production rate of insole factories and manufacturers in Vietnam is at an all-time high. Insole companies in Vietnam understand the urgency of their clients’ needs and employ a large workforce to ensure that the insoles are produced quickly and with precision. The high production rate is a significant factor in many big shoe brands decision to work with insole manufacturers in Vietnam.
The booming factory arena in Vietnam is gaining popularity and praise from industrialists and major companies that are pleased with the diminished cost and tailored production rates which are being produced. Many big brand shoe companies are moving their factories to Vietnam and insole manufacturers are available to create custom insoles for every kind of shoe. With fair work practices enticing a sizeable young workforce to enter the manufacturing industry, availability of high-quality materials and low import and export taxes, Vietnam is becoming the country of choice to take your insole business to.
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