Analysis of China's hardware tools market.

Analysis of China's hardware tools market

    From the industry characteristics, hardware tools industry does not exist sunrise or sunset, whether in the international or domestic, it is a traditional characteristics of the more obvious industry. How big is its competition degree and market space?

According to the Hardware Express, China has become one of the world's major hardware production countries, with a broad market and consumer potential. Although the financial crisis in the previous years on China's hardware exports slightly affected, but from 1999 onwards there has been an improvement. Export earnings rose from 2.76 billion U.S. dollars in 1995 to 3.847 billion U.S. dollars in 1999, an increase of 71.74%, with an average annual increase of 11.4%, and has been growing steadily since then. 

First, the distribution of the domestic hardware tools market

    China's hardware tools market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong, among which Zhejiang and Guangdong are the most prominent. Zhejiang's Yongkang has always been known as the "hometown of hardware", and Zhejiang's market operation awareness is quite strong, from the initial hot pot products, stainless steel insulation cup to last year's popular scooters, bringing them a rolling fortune.

Guangdong: will soon become the world's mold production center. At present, around Shenzhen and the Pearl River Delta region gathered more than 6,000 mold enterprises, employing more than 100,000 people. Has been held in Shenzhen for five consecutive sessions of the South China International Mould Exhibition, attracting more than 1,000 enterprises from 25 countries and regions to participate, is today China's most professional, international level of mold industry exhibition. 

Second, the domestic hardware tools market dynamics

(A) China's daily-use hardware industry into the forefront of the world

　　From 1996 to the present, China has established 14 technology development centers for zippers, electric shavers, stainless steel utensils, iron pots and pans, blades, bicycle locks, etc., and 16 product centers for pressure cookers, electric shavers, lighters, etc. The vast majority of these centers have now developed into industry leaders, some have become world leaders, such as Nepal Cookware Company to produce high-grade electric pressure cooker; Zhejiang Superman Group electric shaver production has exceeded Japan's Sanyo, becoming the world's third largest shaver production enterprises; Wenzhou Dahu lighter factory has become China's largest metal lighter production enterprises, has achieved good economic benefits.

(B) China has gradually become the world's largest hardware processing and exporting country

    In 2002, the total output value of China's hardware industry reached 189.5 billion yuan, an increase of 19.15%, customs statistics total exports of 6.774 billion U.S. dollars, an increase of 24.51%, of which, the production of gas water heaters 2.3484 million units, an increase of 19.18% over the previous year; locks 1.230 billion, an increase of 9.43% over the previous year; 415,000 tons of stainless steel products for daily use Year-on-year growth of 24.56%. It is understood that the hardware industry in China now has at least 70% of private enterprises, the main force for the development of China's hardware industry. On the other hand, the international hardware market: developed countries in Europe and the United States due to the rapid development of production technology and rising labor prices, the universal products will be transferred to developing countries to produce only high value-added products, and China has a strong market potential, so it is more favorable to develop as a major exporter of hardware processing.