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Demand for the US hand tool market has stabilized. At the same time that the size of new homes in the housing market in the United States increased at the end of last year, there were still a large number of existing homes uninhabited, which brought great opportunities for housing renovation. The average model and age of motor vehicles are getting bigger and bigger, which has promoted the sales of hand tools in the aftermarket. In addition, the demand for forging tools for electronic product distribution is strong, especially for adjustable wrenches.
Demand for German hand tools has increased. In Germany, the tools of comfort and effort are the most popular. The smooth handles and aesthetic appearance that help grip the tool are important factors that appeal to their desire to buy. Power tools are now increasingly popular in terms of the types of tools. In addition, rechargeable tools are becoming more popular. The new rechargeable tools available on the market now have multiple rechargeable battery jacks that can be used in a variety of environments.
In the international hardware market, developed countries in Europe and the United States, due to the rapid development of production technology and rising labor prices, have turned universal products into production in developing countries, producing only high value-added products, and China has strong market potential, so it is more advantageous. Developed into a major exporter of hardware processing.
China's tool market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong, Shandong and Taiwan, with Zhejiang and Guangdong being the most prominent. Zhejiang Yongkang has always been called the “hometownâ€, and Zhejiang people have a strong sense of market operation. From the original hot pot products, stainless steel vacuum flasks to the scooter that last year, they brought a lot of money. Guangdong is about to become the center of the world. At present, more than 6,000 mold companies have gathered in Shenzhen and the Pearl River Delta region, employing more than 200,000 people. It has held five consecutive South China International Mould Exhibitions in Shenzhen, attracting more than 1,000 companies from 25 countries and regions. It is the most professional and international mold industry exhibition in China today.
DIY products have become the new favorite of the hardware related industry market. In recent years, in Europe and the United States, as the design of building hardware products in developed countries is easy to install and maintain, the self-assembled products (doityourself) products and tools are greatly welcomed by the market. According to Luo Baihui, head of the International Association of Mold and Hardware and Plastics Industry Suppliers, in the next two years, domestic construction hardware products will also move towards an intelligent and humanized development path. China's daily hardware industry has entered the forefront of the world. China has established 14 technology development centers such as zippers, electric shavers, stainless steel utensils, iron pots, blades and bicycle locks, and 16 product centers such as pressure cookers, electric shavers and lighters. At present, most of these centers have developed into industry leaders, and some have become world leaders and have achieved good economic returns. 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. China has gradually become a major hardware processing and exporting country in the world. China has become one of the world's largest hardware producers with a broad market and consumption potential.
Taiwan's hand tool industry adjusts product structure. With the stable quality of products, on-time delivery and complete product range, Taiwan's hand tools industry has a certain price advantage in the world in line with customer needs. Moreover, the sales of hand tools in Taiwan are mainly based on the overseas market. At present, there are about 5,000 local manufacturers, mostly distributed in the central part of Taiwan Island, mainly to small and medium-sized enterprises. According to the survey data, in terms of individual hand tool product categories, the sleeve is the bulk of the export, followed by the hand tool combination, the third is the gardening tool, the wrench category is ranked fourth, and the clamp category is the fifth.
The development and trend of the world hardware mold market
From the perspective of exporting countries, the export of metal molds ranks first in the United States, followed by the United Kingdom, Germany and Japan.