16 product centers such as pressure cookers, electric shavers and lighters. At present, most of these centers have developed into industry leaders, and 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 vessels, iron pans, blades and bicycle locks. Some have become world leaders and have achieved good economic returns. China has gradually become a major hardware processing and exporting country in the world. The country has become one of the world's largest hardware producers with a broad market and consumption potential. It is understood that 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. 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, will transfer universal products to 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.
Domestic tool market distribution
Zhejiang and Guangdong are the most prominent. Zhejiang Yongkang has always been called the “hometown†and Zhejiang people have a strong sense of market operation. The country's tool market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong. From the original hot pot products, stainless steel vacuum flasks to the scooter that was popular last year, it brought him a lot of money.
Around Shenzhen and the Pearl River Delta region have gathered more than 6,000 mold companies, Guangdong: will soon become the center of the world. Currently. The number of employees exceeds 100,000. It has held five consecutive South China International Mould Exhibitions in Shenzhen, attracting more than 1,000 companies from 25 countries and regions to participate in the most professional and international mold industry exhibitions in China.
International tool market dynamics
Developed countries have accelerated the transfer of medium and low-end products to the third world, and 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 labor costs. I only produce some high value-added products. DIY products have become the new favorite of the hardware market. In recent years, Europe and the United States with the construction of hardware products in developed countries for easy installation and maintenance, can be self-assembled (doityourself products and tools are greatly welcomed by the market. According to industry analysis, the next two years, domestic construction hardware Products will also move towards an intelligent and humane development path.
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