The domestic hardware tool industry has a good development

In recent years, the tool market in China has grown rapidly. Statistics show that only the domestic tool market achieved a 25% to 30% growth in the first half of 2012. In comparison, the international tool market has maintained a stable recovery in recent years, but conservative estimates of annual growth rates have remained at about 3% to 5%.

On the whole, the development of hardware tools in our country is booming. The tooling process requires molds to form the molding process. This is of great benefit to China's mold industry. In addition, the thermal development of China's hardware tools is inseparable from its strong market demand. It is also known that the total sales of homemade knives in 2011 were 26.5 billion yuan, a year-on-year increase of 20.5%. The data also shows that in 2011 China's domestic production of knives reached 35 billion yuan, and export cutters reached 8.5 billion yuan, a year-on-year increase of 21.4%. According to this growth rate, it is expected that the scale of tool consumption in 2012 will reach more than 48.5 billion.

It is understood that the huge market demand is an important factor in the flourishing development of China's cutting tool industry. Under the stimulation of consumption, the scale of tool production in China is constantly expanding. Under the impetus of the tool market, the market demand for tool molds in China will inevitably be improved. Will greatly promote the development of the domestic mold industry.

However, for the domestic mold industry, it still needs constant efforts to continuously work hard on the overall quality of the technology, quality, and employees, and adopt various ways to promote the development of the industry. Industry personnel should also actively contribute ideas and suggestions to jointly contribute to the future development of the industry. It is believed that in the near future, the domestic mold industry will surely move to a higher level.