Global hardware tool industry surveys in 2012

1. China's daily hardware industry has entered the world's forefront Since 1996, China has established 14 technological development centers including zippers, electric shavers, stainless steel vessels, iron pans, blades, and bicycle locks. Pressure cookers, electric shavers, and lighters have been established in China. And other 16 product centers. Most of these centers have now become the vanguard of the industry, and some have become leaders in the world. For example, Supor Cookware Co., Ltd. has produced high-grade electric pressure cookers; Zhejiang Chaoren Group's electric razor production has surpassed Japan's Sanyo company and has become the third largest shaver in the world. The production company; Wenzhou Dahu Lighter Factory has become China's largest manufacturer of metal lighters and has achieved good economic benefits.

2. China has gradually become a world's largest metal processing country and exporter. China has become one of the world's largest hardware producers, with a vast market and consumer potential. Although the financial crisis in previous years had a slight impact on China’s hardware exports, it has improved since 1999. The foreign exchange earned through exports rose from 2.76 billion U.S. dollars in 1995 to 3.847 billion U.S. dollars in 1999, an increase of 71.74%, an average annual increase of 11.4%, and has been steadily increasing since then. In 2002, the total output value of China's hardware industry reached 189.5 billion yuan, a year-on-year increase of 19.15%. Customs statistics totaled 6.774 billion U.S. dollars, an increase of 24.51% over the same period of the previous year, of which, gas water heater production was 2,244,400 units, an increase of 19.18% over the previous year; locks were 1,230 million. The increase of 9.43% over the previous year; daily stainless steel products 415,000 tons, an increase of 24.56%. According to Luo Baihui, at least 70% of China's hardware industry is now a private enterprise, which is 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.

International Hardware Tools Industry Trends 1. Developed countries have shifted middle- and 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 already accelerated the transfer of medium and low-end products to the Third World, and they have only produced some high-value-added products.

2. DIY products become the new favorite in the hardware market. In recent years, with the ease of installation and maintenance of the architectural hardware products of developed countries in the United States and Europe, dotyourself products and tools have been greatly welcomed by the market. According to the analysis of people and land in the industry, in the next two years, the domestic construction hardware products will also move toward the development of intelligence and humanity.