Hardware industry's rapid development and shocks

The property market remains confusing, the only thing that is clear is the intensity of state regulation. However, with the introduction of fitness housing and the increasing proportion of old home renovations, the home hardware industry as a downstream industry has achieved rapid development, running counter to the depressed housing market, and has entered a golden era of development.

Most companies in the current home hardware industry rely on reducing product prices to gain market access. The consequences are low product prices, low added value, and low profits. Companies do not have sufficient funds to continue to develop. Low-price competition, imitation, and OEM production are limited to a certain historical stage. With the development of the industry and the upgrading of competition, the product technology content is increased, the company has independent patents and designs, and the emphasis on brand building and marketing is the long-term development of the company. The best choice.

The development trend of household hardware decoration is evident. Home hardware is more emphasis on its mechanical properties, rust resistance, moisture resistance, and fatigue properties of moving parts. In today's increasingly demanding personalization and integrity at home, home hardware must not only satisfy the above-mentioned functionality, but also have an eye-catching ornamentation and overall integrity with the overall home improvement style. Home hardware can be divided into general and special categories according to the settings. The former includes hinges, hinges, slides, etc. The latter includes bathroom hardware and kitchen accessories. Among them, hinges, slide rails, hinges and locks are used most frequently in life and are therefore more important. In recent years, due to the continuous improvement of consumer demand, greater demands and higher requirements have been placed on hardware accessories.

At present, the furniture hardware industry has the following characteristics: First, export companies are more difficult. From the point of view of enterprises above designated size, the development of brands with domestic sales as the mainstay is better. The development of SMEs without a brand is difficult. Second, the development of various regions is not well-balanced. Zhejiang, Shandong, Hebei, Beijing, and Sichuan develop relatively rapidly. Guangdong's private enterprises also develop faster. The development of the northeast region is not fast, and the development in other places is also relatively slow. The third is to adjust the structure and promote success. In the face of the financial crisis, the majority of companies have constantly adjusted their structure, improved their quality, increased their variety, and promoted industrial upgrading. In addition, companies have strengthened their management and reduced their expenses. Therefore, corporate profits have improved markedly.

It is understood that the next few years will be the rapid development and turbulence of the hardware industry. The direct consequence of this high-speed shock is that the trend of polarization in the current camp of decorative hardware brands is even more pronounced and expanded. It is expected that the number of hardware companies that can really survive in the market in the next few years will drop sharply. However, this high-speed oscillation in the hardware industry will also bring great opportunities and make the market operation more rational and standardized.

In order to increase their own strength and expand the international market faster, domestic hardware companies will adopt various means to accelerate the integration with foreign companies to improve product quality and competitiveness. While continuing to develop markets in the United States, Japan, and other countries, Southeast Asia, the Middle East, Russia, Europe, and Africa are all blooming. It is understood that the Chinese hardware industry will continue the trend of structural adjustment and continue to occupy a larger market with new products and new highlights.