China's hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong, with Zhejiang and Guangdong being the most prominent. According to Luo Baihui, secretary general of the International Model Association, at present, more than 6,000 mold companies have gathered in Shenzhen and the Pearl River Delta region, employing more than 100,000 people. Hand tool market 1. US hand tool market demand stabilizes While the US housing market has increased in size at the end of last year, there are still a large number of existing homes uninhabited, which brings great housing renovation market opportunities. The average model and age of motor vehicles are getting bigger and bigger, which has promoted the sales of hand tools in the aftermarket. In addition, the demand for forging tools for electronic product distribution is strong, especially for adjustable wrenches. 2. Increased demand for hand tools in Germany In Germany, the most comfortable and labor-saving tools are the most popular. The smooth handles and aesthetic appearance that help grip the tool are important factors that appeal to their desire to buy. Power tools are now increasingly popular in terms of the types of tools. In addition, rechargeable tools are becoming more popular. The new rechargeable tools available on the market now have multiple rechargeable battery jacks that can be used in a variety of environments. 3, Taiwan's hand tool industry to adjust product structure Taiwan's hand tool industry with a stable product quality, delivery on time, a full range of products, to meet customer needs, has a certain advantage in the world. Moreover, the sales of hand tools in Taiwan are mainly based on the overseas market. At present, there are about 5,000 local manufacturers, mostly distributed in the central part of Taiwan Island, mainly to small and medium-sized enterprises. According to the survey data, in terms of individual hand tool product categories, the sleeve is the bulk of the export, followed by the hand tool combination, the third is the gardening tool, the wrench category is ranked fourth, and the clamp category is the fifth. In terms of exporting countries, the United States ranks first, followed by the United Kingdom, Germany and Japan. International hardware market dynamics 1. Developed countries shift middle and low-end products to the third world Due to the rapid development of production technology and the impact of high labor prices, developed countries have accelerated the transfer of medium and low-end products to the third world, and they only produce some high Value added product. 2, DIY products into the new favorite of the hardware market In recent years, in Europe and the United States with the construction of hardware products in developed countries to easy to install and repair, self-assembly (doityourself) products and tools are greatly welcomed by the market. According to Luo Baihui's analysis, in the next two years, domestic construction hardware products will also move towards an intelligent and humanized development path. Domestic hardware market dynamics 1. China's daily hardware industry has entered the forefront of the world. Since 1996, China has established 14 technology development centers such as zippers, electric shavers, stainless steel utensils, iron pots, blades and bicycle locks. At present, the vast majority of development has become the industry leader, and some have become the world's vanguard. For example, the production value of the Zhaoxing Group, which produces zippers, exceeds 320 million yuan. 2. China has gradually become the world's largest hardware processing and exporting country in China's hardware industry. It is currently accelerating its growth rate by more than 10% per year. Last year, it exported more than US$5 billion in foreign exchange and ranked third in China's light industry export. At present, at least 70% of China's hardware industry is a private enterprise, which is the main force for the development of China's hardware industry. On the other hand, 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. Therefore, it is more advantageous to develop into a major exporter of hardware processing. Although the financial crisis in the past few years has had a slight impact on China's hardware exports, it has improved since 1999. The foreign exchange earned from exports rose from 2.76 billion U.S. dollars in 1995 to 3.847 billion U.S. dollars in 1999, an increase of 71.74%, an average annual increase of 11.4. %, has been growing steadily since then.  

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