Domestic hardware tools market continues to grow

China's hardware tools market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Shandong and Guangdong, among which Zhejiang and Guangzhou are the most prominent. Zhejiang Yongkang is known as the "Hometown of Hardware." Guangdong will soon become the world's mold production center. At present, more than 6,000 mold companies have gathered around Shenzhen and the Pearl River Delta, and employ more than 100,000 people.

1. Product humanization and intelligent trend development The lazy Chinese style of life that people hope now requires that hardware be more humanized and intelligent. This is more evident in the cupboard industry where hardware use reaches 35%. Such as the introduction of electronic smart pumping in the field of foreign high-end cabinets, to achieve the cabinet "no handle" of the simple design, "immediately." The use of new types of damping and slide rails has enabled cabinet drawers to carry heavy load, no rebound, and no leakage, while extending the service life of the damping and slide rails. In the integrated bathroom design, water temperature automatic adjustment of bathroom accessories, card locks, automatic doors, sensor switches, etc. have also begun to enter people's lives, providing the necessary conditions for the home to the direction of intelligent development.

2. Before the development of the market began to diversify, home hardware was more emphasis on its mechanical properties, rust resistance, moisture resistance, and fatigue properties of moving parts. In today's increasingly demanding personalization and integrity at home, home hardware must not only satisfy the above-mentioned functionality, but also have an eye-catching ornamentation and overall integrity with the overall home improvement style. Take the most common handle, the current market in addition to the stainless steel handle, there are black, bronze, light chromium, pearl nickel plus transparent paint, in the shape, there are European, Chinese, conventional, shaped, etc. And so on, to meet the diverse needs of consumers.

3. Further polarization of corporate polarization It is understood that the next few years will be the high-speed oscillation period of the hardware industry. The direct consequence of this high-speed shock is the expansion of the polarization trend in the current hardware brand camp. It is expected that the hardware companies that can really survive in the market in the next few years will definitely not be so much now. However, this high-speed oscillation in the hardware industry will bring huge opportunities. The result of the shock will make the market operation more rational.

4. The integration of domestic and foreign enterprises will further speed up the domestic hardware companies in order to increase their own strength and expand the international market faster. The integration of foreign companies will be accelerated through various means to improve product quality and competitiveness. While continuing to expand markets in the United States, Japan, and other traditional countries, Southeast Asia, the Middle East, Russia, Europe, and Africa will also fully blossom. It is understood that the Chinese hardware industry will continue the momentum of structural adjustment and continue to highlight some bright spots. The polarization of hardware companies will intensify, and some companies that do not adapt to market competition will withdraw from market competition through different channels, and hardware giants will gradually surface.

5. The market competition will shift from price-based to high-quality, high-tech products. With the deepening of competition, the profit space in all stages of the hardware industry chain will be compressed, and the space for price reduction will be reduced. More and more companies are realizing that it is impossible to establish core competitiveness based on price competition alone, and not the direction of long-term development, in an effort to explore new development paths. Many hardware companies have increased their investment in technology, developed new products with high technology content, made product differentiation a long-term plan for enterprise development, sought new market demand, and established new economic growth points.

With the development of the western region in the country, the upsurge of construction and development across the country, the sound development of the domestic manufacturing industry, and the gradient transfer of international manufacturing to China, the hardware tool market has achieved ample room for development. Domestic and foreign demand has continued to rise. China has Gradually become the global hardware tool manufacturing center.