Status quo of hardware industry

The circulation pattern of China’s hardware industry is undergoing profound and drastic changes. In recent years and a period of time in the future, should be mainly in circulation and terminal channel crossing the situation of operation. The hardware market has developed a fast and professional line from the traditional hardware street to the hardware electromechanical city, and then to the professional market combining exhibition and trade.

At present, at least 70% of China’s hardware industry is private enterprise, which is the main force of the development of China’s hardware industry.

In the international hardware market: due to the rapid development of production technology and the rise of labor prices, developed countries in Europe and the United States will transfer common products to developing countries, only produce high value-added products. China has a strong market potential, so it is more conducive to developing into a major hardware processing and export country.

Diversification: Wholesale market with huge advantages in trade, circulation, export and other aspects, the production of hardware products prospered the market, the prosperity of the market pulled the production of products, and formed the interactive relationship between production and market circulation. The construction of hardware mechanical and electrical professional market in all parts of the country has basically formed a pattern of producing place type and circulation type, large and small, comprehensive and single type reasonable collocation, complementing each other. The national hardware market professional market has a reasonable overall planning layout, complete business varieties, and smooth logistics flow.

The production enterprise extends into the distribution field. The new market trend of Chinese hardware industry is more and more obvious. The rise of new channels not only makes hardware manufacturing enterprises face major problems such as the repositioning of traditional agents and distributors and the reconstruction of cooperative relations, but also makes enterprises face the risk of losing market control.


Post time: Jan-30-2023