Analyze the development trend of my country's hardware industry

China is now gradually becoming a major hardware processing country and a major exporting country in the world. According to statistics, the annual export of my country's hardware industry is increasing at a rate of about 8%. In 2000, the export value of hardware products exceeded 5 billion U.S. dollars, ranking third in the light industry export ranking. In terms of industry characteristics, there is no sunrise or sunset in the hardware industry, and it is an industry with obvious traditional characteristics whether it is internationally or domestically. Although the financial crisis in the past few years had a slight impact on my country's hardware exports, it has improved since 1999. Foreign exchange earnings from exports rose from US$2.67 billion in 1995 to US$3.848 billion in 1999, an increase of 71.74% and an average annual increase of 11.4%. , And has been steadily increasing since then. The main body of my country's hardware product export enterprises are private enterprises and private enterprises. Now, private enterprises and private enterprises account for about 70% of the entire hardware manufacturing enterprises. Although private enterprises are small in scale, they have flexible operating mechanisms, strong innovation capabilities, and strong competitiveness. They are the main force in the development of my country's hardware industry in the future. The changes in the international hardware market also provide good opportunities for the export of my country's hardware products. The production of hardware products in Asia, China, Taiwan Province of China, and Hong Kong is second only to developed countries in the world. Due to the rapid development of production technology and the impact of expensive labor, developed countries have transferred middle and low-end products to developing countries, and only produce some high value-added products themselves. The hardware production in India, South Korea, Vietnam and other countries has also developed rapidly in recent years, but compared with them, China itself has a greater market potential and is more conducive to expanding the hardware industry. In Europe, the United States and other countries, with the in-depth development of the market economy, the product categories of professional hardware stores in the initial stage gradually enriched, and the concept of DIY has developed. All the tools and products needed for people's home life can be bought in the hardware store, and finally formed Multinational hardware chain groups such as Home Depot and OBI (OBI) with annual sales of tens of billions of dollars have become the mainstream of the international hardware marketing system. At present, China has become the world's largest'construction site'. Infrastructure, factories, and residential projects have been launched one by one. The huge scale of construction has created a huge demand for tool hardware, construction hardware, locks, and kitchen and bathroom products. The Chinese market is one of the biggest competitions among hardware manufacturers in the world. China is an important producer of hardware products in the world, and has a vast market and consumption potential. The unique labor price advantage makes the quality and price of Chinese hardware products and spare parts highly competitive in the international market. International famous-brand hardware companies have turned their attention to China, speeding up the transfer of production capacity to China and the pace of OEM (OEM) procurement of high-quality products in China. The chairman of the Hardware Association of Australia, Denmark and other countries personally led a delegation to visit the Chinese market. The global supplier of famous hardware products, American Svenley, has planned to invest two-thirds of its annual purchases of US$1.2 billion in Asia, especially in China. Therefore, it is an inevitable trend for the development of China's hardware marketing system to move from a single product distribution to a multi-type product distribution, and then to a large chain group. Previous post: The historical process of the development of furniture hardware