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Experts said that in the next two years, domestic construction hardware products will also move towards an intelligent and humane development path. In the international hardware market, developed countries have accelerated the transfer of medium and low-end products to the third world. Developed countries have shifted middle and low-end products to the third world. Due to the rapid development of production technology and the impact of labor costs, in developed countries in Europe and America. The construction hardware products are designed for easy installation and maintenance. They only produce some high value-added products. The products have become the new favorite in the hardware market. In recent years, the products and tools that can be assembled by themselves have been well received by the market. In the international hardware market, developed countries in Europe and the United States have turned their universal products into production in developing countries due to the rapid development of production technology and rising labor prices, and only produced high value-added products. China has a strong market potential, so it is more favorable to develop into a hardware processing exporting country. China's 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 exporter, 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 US market has stabilized. At the same time that the size of new homes in the housing market in the United States increased at the end of last year, there are still a large number of existing homes uninhabited, which brings great opportunities for housing renovation. The average model and age of motor vehicles are getting bigger and bigger, which has promoted the sales of hand tools in the aftermarket. The demand for forging tools for electronic product distribution is strong, especially for adjustable wrenches; the demand for German hand tools has increased, and 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. Cordless tools are also becoming more popular. Nowadays, the new rechargeable tools sold in the market have multiple rechargeable battery jacks that can be used in various environments. The Taiwanese hand tool industry adjusts the product structure. The hand tools industry in Taiwan is stable in terms of product quality, on time delivery, and complete product range. Can meet the needs of customers, has certain advantages 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. It is understood that at least 70% of China's hardware industry is now a private enterprise, which is the main force in the development of China's hardware industry. 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. China's hardware market dynamics, China's daily hardware industry has entered the forefront of the world: From 1996 to now, China has established 14 technology development centers such as zippers, electric shavers, stainless steel utensils, iron pots, blades and bicycle locks. At present, most of them have become industry leaders, and some have become world leaders. For example, the production value of Zhaoxing Group, which produces zippers, exceeds 320 million yuan. China has gradually become a major hardware processing and exporting country in the world. China's hardware industry exports are currently at an average annual rate. More than 10% accelerated growth. Last year, foreign exchange exports exceeded US$5 billion, ranking third in China's light industry exports.
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