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 the production of universal products to developing countries, and only produced products with high added value.
And China has a strong market potential, so, more favorable for its development of hardware processing export power. China's hardware market, mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong and other places, zhejiang and Guangdong are the most prominent.
According to the relevant survey data, in terms of individual hand tool products, sleeve is the major export, hand tool combination ranks second, garden tool ranks third, wrench ranks fourth, clamp ranks fifth.
In terms of exporting countries, the United States ranks first, followed by the United Kingdom, Germany and Japan in that order.
In the market of hand tools, the market demand for hand tools in the United States is stable. While the scale of new houses in the United States is increasing, there are still a large number of existing houses, which are unoccupied, bringing great opportunities in the housing renovation market.
The average type and age of motor vehicles are getting older and older, which plays a certain role in promoting the sales of hand tools in the automobile aftermarket.
Electronic products distribution of forging tools, demand is strong, in particular, is adjustable wrench. Demand for hand tools has increased in Germany, where comfortable and labor-saving tools are the most popular.
