Market analysis of hardware tool manufacturers

Market analysis of hardware tool manufacturers

In 2013, in the hardware market, developed countries in Europe and America, due to the rapid development of production technology and rising labor prices, will be universal products from developing countries to produce, they only produce high value-added products. While Chinese has a strong market potential, so more the development of metal processing export country. China's hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong and other places, of which Zhejiang and Guangdong are the most prominent.

According to the survey data, in terms of individual hand tool product categories, the sleeve for export bulk, for hand tools combination, gardening tools, wrenches ranked fourth, pliers ranked fifth. To export countries, the United States ranked first, followed by the UK, Germany and japan.

Hand tools on the market, the market demand for hand tools to stabilize, the new increase the scale of housing in the housing market at the same time, there are still a lot of room is deserted, bring great opportunities for housing renovation market. The average vehicle type and age of motor vehicles are getting larger and larger, which plays a certain role in promoting the sales of hand tools in the automobile aftermarket. Strong electronic products distribution of forging tools, especially the adjustable wrench. German hand tools increased demand in Germany, the most popular tool for saving comfort.