Hand tool industry transformation usher in a broad market

Hand tool industry transformation usher in a broad market

In recent years, with the acceleration of the global economic integration process, China's manual tool processing industry has gradually become the main force of the world's hardware and tools industry. Whether in the global tool market or the Chinese tool market, the application of manual tools has a wide range of applications and demands are beyond imagination.

Demand for hand tools in some developed countries is increasing at a rate of more than 10% per year. Hand tools are labor-intensive industries. As a hometown of hardware, Yongkang has become a gathering place for hand tools with low-cost traditional competitive advantages. But this year, this set seems not to work. “In the past, we have reduced our profit margins for low-cost expansion. This year’s steel prices have risen so madly, and we’re increasingly unprofitable.

Now that market competition is so fierce, if you rush to raise prices, it is undoubtedly equal to handing down old customers. “Three maple hand tools dealers lamented that when many manual tool dealers lamented the business is difficult to do, there are also a small number of dealers that although raw material prices have a great impact on the product, but with high value-added hand tools sales are still promising, there is With steady demand, at the Federal Tool Exchange, consumers said: “Now everything has gone up, and businesses are likely to shoddy in order to make a profit. For security reasons, I still choose reputable hand tools to be assured. “

It is reported that after more than ten years of development, the hardware tools currently operated by Hardware City have gradually become serialized, standardized, and branded. Not only the specifications of the products are complete, the product quality is stable, but some of the famous products introduced also have a certain degree in the international market. Competitiveness. Many sellers also stated that the hand tools in Hardware City are still a long way from being stable in the international market. This time, the continuous rise of raw materials has also brought a chance to reshuffle the hand tool industry.

As a distributor, based on the advantages of the original market and the consolidation of traditional manual tools, we must accelerate the development of new products, improve backward technology, increase the level of scientific and technological content of products, and increase added value; based on the local cultural background, establish their own The brand, building an effective information channel and a quick-response decision-making mechanism, establishing a good reputation, providing users with quality products and perfect services, believes that hand tools will be better tomorrow.

In order to meet the needs of domestic and international tool markets, it is necessary to speed up the development of new products, improve product quality, increase variety, and increase output. In recent years, the demand for diamond tools in the processing of machinery, gems, medical equipment, wood, fiberglass, stone handicrafts, ceramics and composite non-metallic hard brittle materials has increased year by year. At present, these products are still dependent on imports, so they must be as soon as possible. Developed a series of high-quality tools to replace imports. At present, the products to be developed are: PDC drill bits for oil drilling, diamond grinding blocks for stone polishing, engineering thin wall drill bits, diamond honing stone, diamond thin film coating tools, diamond rollers, rubber binder diamond plastic tools, PCD diamond tools , diamond needles, nozzles, diamond heat sinks and transistors and other products. In order to ensure the quality of its products, we must speed up the promotion of new technologies and new processes, such as vacuum welding technology, electric spark sintering technology, diamond uniform technology, diamond rhodium plating technology and metallization bonding technology, laser welding technology.

Strengthen the internal management of the company, constantly improve the production process, reduce production costs and increase economic efficiency. Take the road of group or joint ventures, set up several large enterprise groups, guide the development of the industry, create their own brands, and actively participate in international competition. Hardware companies must rely on advances in science and technology, increase investment in science and technology, update equipment, pay close attention to the research and promotion of new technologies, new processes, and new products, and raise the technological level of China's hardware industry.

OEM Copper And Plastic Co Extrusion

Farwise lighting specialize in custom orders.We can do various customized plastic and copper co extrusion including 1wire,2wire,3wire,4wire,6wire according to customers' designs or as their specifications

OEM Copper And Plastic Co Extrusion strip custom Copper And Plastic Co Extrusion power track

Farwise Technology Co.,Ltd. , https://www.farwiselighting.com

Posted on