Analysis: Dynamic Trends of Foreign Hardware Markets in 2011

China's hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong, among which Zhejiang and Guangdong are the most prominent. According to Luo Baihui, secretary-general of the International Model Association, at present, more than 6,000 mold companies have gathered in the surrounding areas of Shenzhen and the Pearl River Delta, and employ more than 100,000 people.

Hand Tool Market 1. U.S. Hand Tool Market Demand Stabilizes At the same time that the United States increased the scale of new homes in the housing market at the end of last year, there are still a large number of existing houses unoccupied, bringing great opportunities for housing renovation. The average vehicle type and age of motor vehicles are getting larger, which has played a certain role in promoting the sales of hand tools in the automotive aftermarket. In addition, there is strong demand for forging tools for distribution of electronic products, especially adjustable wrenches.

2. The demand for German hand tools increased in Germany, and the most comfortable and labor-saving tools are the most popular. The smooth handles and beautiful appearance that help grip the tools are all important factors that appeal to their purchase. With regard to the types of tools, power tools are now becoming more and more popular. In addition, rechargeable tools have become increasingly popular. The new rechargeable tools currently on the market have multiple battery jacks that can be used in a variety of environments.

3, Taiwan's hand tool industry to adjust the product structure Taiwan's hand tools industry by virtue of stable product quality, delivery on time, product range is complete, to meet customer needs, has a certain advantage in the world. Moreover, Taiwan’s hand tool sales are dominated by the off-island market. At present, there are about 5,000 local manufacturers, which are mostly located in the central area of ​​Taiwan Island. According to relevant survey data, with regard to the category of individual hand tools, the sleeves are the bulk of exports, followed by hand tools, the third is garden tools, the wrenches are ranked fourth, and the clamps are ranked fifth. In terms of exporting countries, the United States ranked first, followed by the United Kingdom, Germany and Japan.

International hardware market dynamics 1. Developed countries shift middle-to-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 Added value product.

2. DIY products become a new favorite in the hardware market In recent years, in Europe and the United States, with the construction of architectural hardware products in developed countries, easy installation and maintenance are the main factors, and self-assembly (doityourself) products and tools are greatly welcomed by the market.

According to Luo Baihui's analysis, in the next two years, domestic architectural hardware products will also move toward the development of intelligence and humanity.

Domestic hardware market dynamics 1. China's daily hardware industry has entered the forefront of the world From 1996 to the present, China has established 14 technology development centers, including zippers, electric shavers, stainless steel vessels, iron pans, blades, and bicycle locks. At present, most of the development has become the vanguard of the industry, and some have become the vanguard of the world. For example, the output value of the Shengxing Group, which produces zippers, exceeds 320 million yuan.

2. China has gradually become China's hardware exporter of the world's largest metal processing and exporting country. It is currently growing at an average annual rate of more than 10%. Last year, exports exceeded 5 billion U.S. dollars, ranking third in exports of light industry in China. Understand that at least 70% of China's hardware industry is a private enterprise and the main force for the development of China's hardware industry.

On the other hand, in the international hardware market, developed countries in Europe and the United States have shifted their universal products to developing countries due to the rapid development of production technology and rising labor costs. They only produce high value-added products, and China has a strong market potential. Therefore, it is more advantageous to develop exporting countries for metal processing. Although the financial crisis in previous years has had a slight impact on China’s hardware exports, it has improved since 1999. Foreign exchange earned through exports rose from US$2.76 billion in 1995 to US$3.847 billion in 1999, an increase of 71.74%, with an average annual increase of 11.4. %, has been steadily growing since then.