Poznan international industrial exhibition
In 2013, in the hardware market, developed countries in Europe and the United States, due to the rapid development of production technology and rising labor prices, transferred universal products to developing countries and produced only high value-added products. China has a strong market potential, so it is more favorable for its development as a hardware processing exporting country. Chinas hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong, with Zhejiang and Guangdong being the most prominent.
According to relevant survey data, in terms of individual hand tool product categories, the sleeve is a large export, which is a combination of hand tools, gardening tools, wrenches ranked fourth, and clamps ranked fifth. In terms of exporting countries, the United States ranks first, followed by the United Kingdom, Germany and Japan.
In the hand tool market, the demand for hand tools in the United States has stabilized. While the size of new homes in the housing market in the United States has increased, there are still a large number of existing homes uninhabited, which has brought about a large housing renovation market opportunity. The average model and age of motor vehicles are getting bigger and bigger, which has promoted the sales of hand tools in the aftermarket. Forging tools for electronic product distribution are in strong demand, especially adjustable wrenches. The demand for hand tools in Germany has increased, and in Germany, the tools for comfort and effort are the most popular.
In terms of the types of tools, power tools are now increasingly popular. Cordless tools are also 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. Taiwans hand tool industry adjusts its product structure. With its stable product quality, on-time delivery and complete product range, Taiwans hand tool industry has certain advantages in the world in line with customer needs.
