In recent years, the development pattern of China's hardware industry is undergoing changes. At present, the development of the industry is tending to be large-scale and diversified. At the same time, with the rapid development of China's economy from high-speed development to medium-speed development, the era of high-speed growth in the hardware market in the past decade has ended, and overcapacity is more prominent. In this context, industry transformation and upgrading, increasing technology investment and improving product quality have become inevitable.

The development of the hardware industry tends to be large-scale. China's larger hardware market is mainly distributed in Zhejiang, Jiangsu, Shanghai, Guangdong and Shandong provinces and cities. For example, Zhejiang Yongkang City's hardware and electrical production enterprise cluster, Shandong Linyi Hardware Market, Hangzhou New Century Locks Market, Shanghai Hardware & Electrical Trade City, Chengdu Jinfu Hardware & Electrical City, Guangdong Guangfo Hardware & Electrical City, etc. At present, China's daily hardware products industry has entered the forefront of the world. Relevant information shows that in recent years, China has established 14 technology development centers such as zippers, electric shavers, stainless steel utensils, iron pans, blades and bicycle locks, as well as 16 product centers such as pressure cookers, electric shavers and lighters. . At the same time, China has gradually become one of the major processing countries and exporting countries of global hardware products. Relevant data is expected to increase the export growth rate of China's hardware and other related products to about 10% in 2013.

The development of the hardware industry tends to be diversified. At present, the construction of the hardware professional market across the country has basically formed a pattern of production-type and circulation-type, large-scale and small-sized, comprehensive and single-type, which complement each other. Take Tianjin Hardware Market as an example, Tianjin International Hardware and Electrical City, Xinnan Road Hardware City, North Hardware City and Zhujiang Hardware City four major hardware professional markets, annual sales totaled more than 20 billion yuan. These four hardware markets have formed their own development models according to their different market positions. The International Hardware & Electrical City in the center of Tianjin adopts a comprehensive and diversified business model. There are commercial stores in the electromechanical city, high-end office buildings and star-rated hotels, and hardware stores take the high-end route. The North Hardware City features the plumbing and solar wholesale markets. And Zhujiang Hardware City is more focused on the operation of decorative hardware tools. The diversification effect of these four markets not only gathered more than 60% of hardware merchants in Tianjin, but also introduced well-known brands at home and abroad into the Tianjin market, forming one of the largest hardware industry wholesale bases in northern China.

The key to further strengthening and strengthening the hardware industry is transformation and upgrading. Insiders pointed out that China's hardware market is shifting from oversupply to oversupply, forcing market competition to shift from price-based to high-quality, high-tech content. Under this circumstance, transformation and upgrading is the inevitable development of the future industry. With the deepening of competition among related enterprises, the profit margins of all stages of the hardware industry chain are compressed, and the space for price reduction is decreasing. At the same time, the requirements of China's hardware products in the international market have gradually changed. There will be higher requirements for the quality, packaging and delivery deadlines of China's hardware products, and even gradually extend to the production process and product development.

Moreover, industry insiders pointed out that the transformation and upgrading of China's hardware products industry will usher in a new foreign trade pattern. The biggest change may be that the export volume of high-tech products will increase. A number of high-tech, high value-added export products such as wire rope cutters, bolt cutters, saw frames, machine tools, telecommunications tools, household combination tools, steel tape measures, level gauges, etc. will gradually replace the original low value-added hardware products. .

Dongguan Zhenming Hardware & Plastic Technology Co., Ltd. specializes in the R&D, production and sales of luggage hardware accessories. The products include dog buckle, luggage hardware buckle, hardware label, luggage buckle, shoe buckle, shoe buckle and so on.

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