International tool market dynamics
From the exporting countries, the United States ranked first, followed by the United Kingdom, Germany and Japan.
US hand tools market demand stabilized. The United States at the end of last year, the housing market, the increase in the size of new homes at the same time, there are still a large number of existing homes uninhabited, bringing great housing renovation market opportunities. The average vehicle and vehicle age is getting bigger and bigger, the car aftermarket sales of hand tools played a certain role in promoting. In addition, the demand for forging tools for electronic products is strong, especially for adjustable wrenches.
German hand tools demand increases. In Germany, comfortable and effortless tools are the most popular. Helping the smooth handle of the tool and the beautiful appearance are important factors that attract them to buy. In terms of tool types, power tools are gaining in popularity. In addition, rechargeable tools are becoming more popular. The new rechargeable tool now available for sale has multiple rechargeable battery jacks that can be used in a variety of environments.
The international hardware market, Europe and the United States developed countries due to the rapid development of production technology and labor prices of hardware, the general product to the production of developing countries, only the production of high value-added products, and China has a strong market potential, so more Favorable development for the hardware price processing export power.
China 's tool market dynamics
China's hardware and tools market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong, Shandong and Taiwan and other places, including Zhejiang and Guangdong, the most prominent. Zhejiang Yongkang has always been known as the "hometown", and Zhejiang people's market sense of operation is quite strong, from the original hot pot products, stainless steel insulation Cup to last year's rage skateboard, to bring them rolling resources. Guangdong is about to become the center of the world. At present, around the Shenzhen and the Pearl River Delta region gathered more than 6,000 mold enterprises, employing more than 200,000 people. Has been held in Shenzhen in five times the South China International Hardware Mold Exhibition, attracting 25 countries and regions, more than 1,000 enterprises to participate in today's China's most professional, international level of the mold industry exhibition.