Hardware tools are in replacement

In the next few years, domestic construction hardware products will move toward an intelligent and humanized development path. Luo Baihui, secretary-general of the International Mould and Hardware and Plastics Industry Suppliers Association, believes that in the international hardware market, developed countries have accelerated the transfer of middle- and low-end products to the Third World. Due to the rapid development of production technology and the high price of labor, the architectural hardware products in Europe and the United States are designed for easy installation and maintenance, and they only produce some high value-added products.

According to the current international hardware market, developed countries such as Europe and the United States have shifted their universal products to those of developing countries, producing only high value-added products. And China has a strong market potential, so it is more conducive to the development of metal processing and export countries. China's hand tool product category for the export of bulk sleeve, hand tools, gardening tools, wrenches followed by the top four, pliers ranked fifth. From the perspective of foreign trade countries, the United States ranked first, followed by the United Kingdom, Germany and Japan.

In the manual tool market, the U.S. hand tool market demand has stabilized, while the United States has increased the scale of new housing in the housing market at the end of last year, and there are still a large number of existing houses unoccupied, bringing great opportunities for housing renovation. The average vehicle type and age of motor vehicles are getting larger, which has played a certain role in promoting the sales of hand tools in the automotive aftermarket.

The demand for forging tools for distribution of electronic products is strong, especially adjustable wrenches; the demand for hand tools in Germany has increased, and in Germany, the most comfortable and labor-saving tools are the most popular. The smooth handles and beautiful appearance that help grip the tools are all important factors that appeal to their purchase.

With regard to the types of tools, power tools are now becoming more and more popular. Cordless tools have become increasingly popular. The new rechargeable tools currently on the market have multiple rechargeable battery jacks that can be used in various environments. Taiwan's hand tool industry adjusts the product structure. Taiwan's hand tool industry has a stable product quality, timely delivery, and a complete product range. To meet customer needs, it has certain advantages in the world. Moreover, Taiwan’s hand tool sales are dominated by the off-island market. At present, there are about 5,000 local manufacturers, which are mostly located in the central area of ​​Taiwan Island.

At present, it is the period of upgrading of China's hardware tools, from the low-end to high-end products. This is very beneficial to the development of China's hardware industry, in the process of the transfer of production of foreign products to the domestic, it will inevitably bring along some advanced foreign production processes and management models including raw materials.