Research on Overseas Market Demand Forecasting Model for Light Industry Products Based on Data Mining

Light industrial products have a significant share in international trade, and with the passage of time, the export volume of these products is also increasing year by year. From the revenue reports of Hikvision over the past 10 years, it can be seen that the sales of light industrial products, both domestically and internationally, are steadily increasing. Among the eight categories of light industrial products exported from China, five categories including tobacco and alcohol, textiles, cosmetics, gold and jewelry, and furniture show a positive growth in the number of exports. In the Vietnamese market, manufacturing and transportation are among the sectors that have the greatest impact on the growth of the Vietnamese economy. Surveys indicate that the volume of cargo transportation in Vietnam is increasing year by year, leading to a rising demand for transportation AGV robots. In the forecast model for cargo volume in the Vietnamese market, it is predicted that the volume of cargo transportation will gradually increase in the future, and therefore, the demand for pallet robots will also gradually increase with changes in cargo volume.

Authors

Publication Details

Journal
Journal of fintech and business analysis.
Published
2025-02-21
DOI
https://doi.org/10.54254/3049-5768/2025.21038
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
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article

Research on Overseas Market Demand Forecasting Model for Light Industry Products Based on Data Mining

Chang Zhou
Journal of fintech and business analysis.
E-commerce and Technology Innovations
article

Research on Overseas Market Demand Forecasting Model for Light Industry Products Based on Data Mining

Chang Zhou
article en

Abstract

Light industrial products have a significant share in international trade, and with the passage of time, the export volume of these products is also increasing year by year. From the revenue reports of Hikvision over the past 10 years, it can be seen that the sales of light industrial products, both domestically and internationally, are steadily increasing. Among the eight categories of light industrial products exported from China, five categories including tobacco and alcohol, textiles, cosmetics, gold and jewelry, and furniture show a positive growth in the number of exports. In the Vietnamese market, manufacturing and transportation are among the sectors that have the greatest impact on the growth of the Vietnamese economy. Surveys indicate that the volume of cargo transportation in Vietnam is increasing year by year, leading to a rising demand for transportation AGV robots. In the forecast model for cargo volume in the Vietnamese market, it is predicted that the volume of cargo transportation will gradually increase in the future, and therefore, the demand for pallet robots will also gradually increase with changes in cargo volume.

Journal of fintech and business analysis.Vol. 2(1)
Openalex Percentile: Top 95%
E-commerce and Technology Innovations
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Research on Overseas Market Demand Forecasting Model for Light Industry Products Based on Data Mining — Chang Zhou · Journal of fintech and business analysis. (2025) | TGRS Research Map | TGRS