Development of International Hardware Tool Market
1. Developed countries have transferred middle and low-grade products to the third world. Due to the rapid development of production technology and the impact of high labor price, developed countries have accelerated the transfer of middle and low-grade products to the third world, and only produce some high-value-added products.
2. DIY products have become a new favorite in hardware market. In recent years, with the design of building hardware products in developed countries in Europe and the United States, which are easy to install and maintain, doityourself products and tools are very popular in the market. According to industry analysis, in the next two years, domestic construction hardware products will also move towards intelligent and humanized development path.
Market Trends of Domestic Hardware Tools
1. China's daily hardware industry has entered the forefront of the world
Since 1996, China has established 14 technology development centers, including zippers, electric shavers, stainless steel utensils, iron pans, blades, bicycle locks, and 16 product centers, such as pressure cookers, electric shavers and lighters. At present, most of these centers have developed into industry leaders, some of them have become world leaders, such as the production of high-grade electric pressure cookers by Supol Cooker Company; the output of electric shavers by Zhejiang Superman Group has exceeded that of Sanyo Company, Japan, and become the third largest shaver manufacturer in the world; and Wenzhou Dahu Lighter Factory has become the largest one in China. The metal lighter manufacturer 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 a slight impact on China's hardware exports, it has improved since 1999. Export earnings rose from $2.76 billion in 1995 to $3.847 billion in 1999, an increase of 71.74% and an average annual increase of 11.4%. Since then, it has been growing steadily. In 2002, the total output value of China's hardware industry reached 189.5 billion yuan, an increase of 19.15% compared with the previous year, and the total export value of Customs Statistics reached 6.774 billion US dollars, an increase of 24.51% compared with the previous year. Among them, the output of gas water heaters increased by 19.18%, locks by 123 million, an increase of 94.43%, daily stainless steel products by 415,000 tons, an increase of 24.56% compared with the previous year. 。 According to Luo Baihui, 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, because of the rapid development of production technology and the rising labor price, developed countries in Europe and the United States have shifted their universal products to developing countries to produce only products with high added value, while China has strong market potential, so it is more advantageous to develop into a major exporter of gold processing.