1. Cooperation between enterprises of Hardware fitting industry will be strengthened

In order to improve competitiveness and competitive position, in the context of global competition. Property capital is another theme in the operation of the industry. From a capital perspective, the current main feature is that capital expansion is increasing. From the perspective of competitive behavior, cooperation in resource sharing among enterprises is increasing.

2. The decomposition of the north and south poles of enterprises will further intensify

The direct consequence of this kind of high-speed shock is the expansion of the decomposition of the north and south poles in the hardware accessories processing kitchen and bathroom brand camp.

3. Competition among sales channels is getting fierce day by day

The quality pressure has increased due to the oversupply of domestic hardware fittings processing kitchen and bathroom products. Sales channels have become one of the key competitive factors, and the struggle for channels has become fierce day by day. On the one hand, kitchen appliance manufacturers have strengthened their control over retail terminals, strived to reduce sales links, save sales costs, and enable sales channels to develop in a professional direction, and corporate sales models are developing in a direction that can simultaneously adapt to diverse markets. On the other hand, the development trend of the sales industry has increased the status of large-scale home appliance chain stores from time to time, strengthened their control over the industry, and participated in and triggered price competition that was previously dominated by manufacturers. Large retailers rely on their broad market coverage, sales scale and cost advantages, and the ability to control production companies in terms of product pricing and payment delivery will increase day by day.

4. Market competition will shift to high-quality, high-tech products

The profit margins at all stages of the hardware accessories processing industry chain are shrinking, and the room for price reductions is decreasing day by day. More and more companies realize that price competition alone cannot build core competitiveness and is not the direction of long-term development, so they strive to explore new development paths. Many hardware companies have increased their investment in technology, developed new products with high-tech content, took product differentiation as a long-term strategy for corporate development, sought new market demands, established new economic growth points, and followed the intensification of competition. To realize the sustainable development of the enterprise.

5. The integration of domestic and overseas enterprises will further accelerate

To expand the international market faster, domestic hardware accessories processing enterprises in order to improve their own strength. It will speed up the integration with foreign companies through various means to improve product quality and enhance competitiveness. While continuing to expand the markets of Motorcycle parts factory of traditional countries such as the United States and Japan, Southeast Asia, the Middle East, Russia, Europe, and Africa will also flourish.