As one of the world's largest hardware manufacturers, and gradually becoming a major metal processing and export country in the world, China has a vast market and consumption potential. With the development of society and economy, stainless steel hardware industry will also show new trends in the new situation. In the "12th Five-Year Plan" era in which "greener and more earning money", energy-saving and intelligent products are in full swing. Only a keen insight into the development trend of the industry can make the company go for a long period of time.

1. Increasing demand for stainless steel hardware tools With the continuous improvement of China’s status in the world, more and more countries around the world have begun to use Chinese hardware products, which has stimulated the development of China’s hardware products to some extent. In recent years, with the acceleration of global economic integration, China's stainless steel hardware tool processing industry has gradually become the main force of the world's hardware and tools industry. The demand for hardware tools in some developed countries, especially in Africa, the Middle East and other developing countries, is increasing at a rate of more than 10% per year. Hardware tools are labor-intensive industries. As a hometown of hardware, Yongkang has become a gathering place for hardware tools with low-cost traditional competitive advantages.

2. At the same time, the quality of stainless steel hardware products will be upgraded. At the same time, the requirements of the international market for China's hardware products will gradually develop and change, and will have higher requirements for the quality, packaging and delivery period of Chinese products, and even gradually extend to the production process and products. Research and development combine products with environmental protection, energy resources, and the human environment. The huge market and central position attraction will further attract the hardware manufacturing center of multinational companies to transfer to China. The integration with foreign companies will continue to enhance the quality and competitiveness of Chinese hardware products. While continuing to expand markets in the United States, Japan, and other traditional countries, Southeast Asia, the Middle East, Russia, Europe, and Africa will also fully blossom.

3. Capital Expansion Intensified After China's accession to the WTO, under the global environment of competition, industrial capital has become an important theme for the industry to improve its competitiveness. In 2004, Supor and Vantage went on the market successively. Hongbao was also working hard for the listing. Wanhe's capital market operation will not stop due to the failure of restructuring with Yuemei. From a capital perspective, the current major feature is the expansion of capital.

4. Cooperation between enterprises In terms of increasing competition behavior, cooperation among resource sharing among enterprises is increasing. On the one hand, manufacturers have strengthened control over retail terminals, and strive to reduce sales cycles, save sales costs, and make sales channels professional. In the direction of development, the corporate sales model is developing in a direction that can adapt to multiple markets at the same time. On the other hand, the development trend of the sales industry has led to the continuous rise of the status of large-scale home appliance chain stores, increased control over the industry, and participation in the price competition that was previously dominated by manufacturers. Large retailers, with their broad market coverage, purchasing scale, and cost advantages, will increasingly control the production companies in terms of product pricing, payment, and delivery. As a subordinate small and medium-sized enterprise, it will be in a disadvantageous position in the competition under this trend.

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Suzhou ZhaoCheng lithium technology Co., Ltd. , https://www.scans-tools.com

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