Demand for hardware tools and product industry disadvantages

Driven by the traction of the domestic hardware market and the full-scale promotion of international trade, the demand for hardware tools and goods has been growing. Manual, pneumatic and other practical household tools, garden tools, car tools, machine tools and other hardware tools, goods, goods, goods, price, price increase, steady procurement, sales optimistic.

In recent years, with the gradual increase in the level of consumption of ordinary people, practical family portfolio tools have begun to enter the homes of ordinary people. Sophisticated packaging, complete types, numerous functions, and reasonable prices are good helpers for families and businesses, as well as gifts for relatives and friends. In particular, some foreign tourists have a soft spot for a practical family combination tool. Buying a set of personal or gifted relatives and friends is economical and affordable.

Garden tools have been sold to flower gardens or exports in previous years. However, in the past two years, garden tools have entered the ordinary family. Its style and color also changed the monotonous type of the past, adding a unique shape and yellow, green, blue and other colorful colors, especially in the type of tools, I do not know how much richer than before.

With the rapid development of the automotive industry and the massive increase in urban public transport, passenger vehicles, and taxis, as well as the entry of passenger cars into ordinary families, the demand for vehicle-mounted tools and auto parts has greatly increased. Vehicle-mounted tools include wrenches, jacks, rivet guns, etc. Among them, electric vehicle-mounted tools sell the best. Electric vehicle-mounted tools have small size, light weight, excellent performance and safe use. Rivet guns can also be applied to decorating, carpentry and other decoration industries.

It can be said that the demand for hardware tools is very strong, and it is pleasing that especially the emergence of gift kits once again indicates a new path for the hardware tool industry. However, the development of each industry is not perfect. Both have two sides, hardware tools. Although the demand for the industry is good, there are still many disadvantages, let us explore one by one.

First of all, the industry leader is not strong enough to lead. There is no obvious advantage in the technology and industry overall competitiveness of the hardware tool industry in the domestic market.

Second, the market structure is too single. The main business of hardware tools comes from foreign trade orders, and the degree of dependence on exports is too high. Under the influence of the economic crisis triggered by the international financial crisis, the export market of these enterprises has shrunk dramatically, which has constituted a serious problem for survival and development.

Fourth, brand building is lagging behind. Most of the hardware tools companies rely on OEM production, lack of visibility and core competitiveness.

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Jiangmen Duramp Electric Co., Ltd , https://www.durampled.com