In the new wave of world economic integration, it is an irresistible trend for the global manufacturing industry to accelerate the transfer to mainland China, and China will gradually develop into a world-class manufacturing base. Connoisseur predicts, the guangdong with apparent advantage especially pearl river delta area, will develop into world mould to produce a center inside 10 years. At the same time, because in recent years our country imports the mold with nearly one billion dollars every year, among them the precision, the large-scale, the complex, the long life mold holds the majority, therefore embarks from the reduction import Angle, this kind of upscale mold, the hardware tool in the market share proportion will also gradually increase.
First, let's look at the handtools market: the demand for handtools in Germany has increased. Comfortable, labor-saving tools are most popular in Germany. A smooth handle that helps grip the tool and an attractive shape are important factors in attracting them to purchase. In terms of tool types, power tools are now increasingly popular. Plug-in tools are also becoming more popular. New rechargeable tools on the market now have multiple rechargeable battery jacks that can be used in a variety of environments.
Taiwan hand tool industry adjusts product structure. Taiwan hand tools industry with stable product quality, delivery on time, full range of products, to meet customer demand, has a certain advantage in the world. And Taiwan hand tool sale gives priority to with the market outside the island, at present local manufacturer business about 5000, distribute in Taiwan island central area more, give priority to with medium and small enterprises. According to the survey data, sleeve is the largest export volume, followed by hand tool combination, horticultural tools, wrench and pliers. In terms of exporting countries, the United States ranks first, followed by the United Kingdom, Germany and Japan.
The market demand for hand tools in the United States stabilized. While the U.S. housing market grew at the end of last year, a large number of existing homes remained unoccupied, creating significant opportunities for home renovations. The average vehicle model and vehicle age of motor vehicles are getting larger and larger, which plays a certain role in promoting the sales of hand tools in the automobile after-sales market. In addition, there is strong demand for forging tools for distribution of electronic products, especially for adjustable wrenches.
Then there is the cutting tool market: demand for cutting tools worldwide will continue to grow. It is reported that there is a growing demand for knives all over the world. Growth in Europe and North America was stable, especially in eastern Europe. The Asian market has picked up slightly with great market potential, while the Latin American market, especially Mexico, is growing significantly. In the past year, the tool market demand growth is slow, mainly because of the increase in tool life, then is the user for the whole manufacturing process requirements, instead of many machine tools and tools. And the application of multi - functional tool increase, replacing many previous single - function simple tool. Experts predict that in the future, users will place more emphasis on the research and development of cutting tools, not only in the field of materials and surface coating technology, but also in the production process of cutting tools products. Focusing on production practices will help tool makers increase their market competitiveness in areas they are familiar with, the expert said.