This call has received a strong response by the end of 2020. Following the formal signing of the regional comprehensive economic partnership agreement (RCEP) on November 15, 2020, the leaders of China and the EU jointly announced on December 30 the completion of the China EU investment agreement negotiations on schedule, which undoubtedly injected strong momentum into the post epidemic global economic development.
In the past few years, garden tools were mostly sold to the flower and wood yard or export, but in recent two years, garden tools have also entered the ordinary people's families. Its style and color also changed from the previous monotonous type, adding a unique shape and yellow, green, blue and other colors, especially in the types of tools, compared with the previous I do not know how much.
With the rapid development of the automobile industry and the large increase of urban public transportation, passenger vehicles and taxis, as well as cars driving into ordinary people's families, the demand for on-board tools and auto maintenance accessories has been greatly improved. The car tools include spanner, Jack, rivet gun, etc., among which the electric vehicle tools sell best. Electric vehicle tools are small in size, light in weight, excellent in performance and safe in use. Rivet gun can also be used in decoration, carpentry and other decoration industries, with more than one action.
It can be said that the demand for hardware tools products is very strong and gratifying. The emergence of gift tool sets once again points out a new way for the hardware tool industry. However, the development of each industry is not perfect and has two sides. Although the demand of hardware tool industry is good, there are still many disadvantages. Let's discuss them one by one.
First of all, the leading role of the industry is not strong. The leading and backbone enterprises in the hardware tool industry have no obvious advantages in market technology and overall industrial competitiveness at home and abroad;
Second, the market structure is too single. Under the influence of the economic crisis caused by the international financial crisis, the export market of these enterprises has shrunk sharply, which has posed a serious threat to the survival and development of these enterprises;
Fourth, brand building is relatively backward. Most hardware tools enterprises rely on OEM production, lack of visibility and core competitiveness.