Hardware tools should actively explore the international market

In recent years, the development of domestic hardware tools has been relatively smooth, but from the overall form of domestic hardware tools industry, most of the companies are still in the stage of producing low-end products and OEM OEM. Domestically produced hardware and tools products have global scope. The competitiveness still cannot be manifested. In addition, the profit space of hardware tools is affected by the raw material market, and is also being continuously compressed. If hardware tool companies still rely solely on price competition, it will be difficult to increase their core competitiveness.

After more than 20 years of development, hardware tools have become one of the most contributing industries. In recent years, domestic and foreign demand has been relatively strong, and the industry has entered the golden sales period. Due to the high labor cost in the region, developed countries in Europe and the United States have chosen to shift the production of low-end products to developing countries and produce only high value-added products. The market potential of China is large, mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong, where Zhejiang and Guangdong are the most prominent.

Hardware tools belong to China's traditional industries, and traditional industries also need to be transformed. In the new era, we seek for new development. If you continue to operate in accordance with the previous model, you obviously cannot keep up with the trend of the times. As a hardware tool company, it is necessary to continuously carry out product innovation, cultivate a professional R&D team, and achieve localization of high-end products as soon as possible. Develop industrial clusters, promote the constant optimization and upgrading of industries, and make the competitive advantages of industry groups more clear. While the hardware tool companies can stabilize the domestic market, they can develop targeted products to open up foreign markets.

Therefore, in order to meet the needs of domestic and international hardware tools market, we must speed up the development of new products, improve product quality, increase variety, and increase production. It is understood that in recent years, the demand for hardware tools in the processing fields of machinery, precious stones, medical equipment, wood, fiberglass, stone handicrafts, ceramics and composite non-metallic hard brittle materials has increased year by year. At present, these products are still dependent on imports. Therefore, it is imperative to develop high-quality series of hardware tools as soon as possible to replace imports.