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Market distribution and development trend of hardware tools

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  In terms of industry characteristics, there is no such thing as a sunrise or sunset in the hardware tools industry. It is an industry with obvious traditional features, both at home and abroad. How
  In terms of industry characteristics, there is no such thing as a sunrise or sunset in the hardware tools industry. It is an industry with obvious traditional features, both at home and abroad. How big is its competition and market space?
  Domestic hardware tools market distribution
  China's hardware tools market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong, with Zhejiang and Guangdong being the most prominent. Zhejiang Yongkang has always been called "the hometown of hardware", and Zhejiang people have a strong sense of market operation. From the original hot pot products, stainless steel vacuum flasks to the scooter that last year, they brought a lot of money.
  Guangdong: It will soon become the world's mold production center. At present, more than 6,000 mold companies have gathered in Shenzhen and the Pearl River Delta region, employing more than 100,000 people. It has held five consecutive South China International Mould Exhibitions in Shenzhen, attracting more than 1,000 companies from 25 countries and regions. It is the most professional and international mold industry exhibition in China today.
  International hardware tools market dynamics
  1. Developed countries shift middle and low-end products to the third world
  Due to the rapid development of production technology and the impact of high labor costs, developed countries have accelerated the transfer of medium and low-end products to the third world, and they only produce some high value-added products.
  2. DIY products have become the new favorite of the hardware market
  In recent years, in Europe and the United States, the design of building hardware products in developed countries is easy to install and maintain, and the products and tools that can be self-assembled are greatly welcomed by the market. According to industry analysis, in the next two years, domestic construction hardware products will also move towards an intelligent and humanized development path.
  Domestic hardware tools market dynamics
  1. China's daily hardware industry has entered the forefront of the world
  Since 1996, China has established 14 technology development centers such as zippers, electric shavers, stainless steel utensils, iron pots, blades and bicycle locks, and 16 product centers such as pressure cookers, electric shavers and lighters. Most of these centers have now become industry leaders, and some have become world leaders, such as Supor Cookware Co., Ltd. to produce high-end electric pressure cookers; Zhejiang Superman Group's electric shaver production has surpassed Japan's Sanyo Company, becoming the world's third largest shaver Production enterprise; Wenzhou Dahu Lighter Factory has become the largest metal lighter manufacturer in China and has achieved good economic benefits.
  2. China has gradually become a major hardware processing and exporting country in the world
  China has become one of the world's largest hardware producers with a broad market and consumption potential. Although the financial crisis in the past few years has had a slight impact on China's hardware exports, it has improved since 1999. Foreign exchange earned from exports rose from 2.76 billion U.S. dollars in 1995 to 3.847 billion U.S. dollars in 1999, an increase of 71.74%, an average annual increase of 11.4%, and has been growing steadily since then. In 2002, the total output value of China's hardware industry reached 189.5 billion yuan, an increase of 19.15% year-on-year. The total export value of customs statistics was 6.774 billion US dollars, up 24.51% year-on-year. Among them, the output of gas water heaters was 2,438,400 units, an increase of 19.18% over the previous year; the locks were 1.230 billion yuan. The increase was 9.43% over the previous year; the daily-use stainless steel products were 415,000 tons, an increase of 24.56% year-on-year. It is understood that at least 70% of China's hardware industry is now a private enterprise, which is the main force in the development of China's hardware industry. On the other hand, in the international hardware market: developed countries in Europe and the United States, due to the rapid development of production technology and rising labor prices, will transfer universal products to developing countries, producing only high value-added products, and China has strong market potential. Therefore, it is more advantageous to develop into a major exporter of hardware processing.